HEALTH & HIGHER EDUCATION

Transcription

1 STATE OF CENTER CITY PHILADELPHIA HEALTH & HIGHER EDUCATION Thomas Jefferson University: Ed Cunicelli While healthcare and educational institutions provide the largest portion of citywide jobs (37%), in Center City they are second only to the office sector and account for 2% of downtown employment. By contrast, Eds & Meds together supply 77% of salaried jobs in University City. In 215, the expansion of University City education and healthcare institutions into Center City locations accelerated. Penn Medicine, Drexel University and Children s Hospital of Philadelphia (CHOP) increased to 7,953 the number of jobs they have located in Center City. Most significantly, CHOP is developing approximately 8.4 acres of land just below the South Street bridge on the Center City side of the Schuylkill River. The first phase of this multi-year development, 466, square feet of clinical research and office space, will open in 217. The largest private employer in Center City remains Thomas Jefferson. Together the University, its hospitals and Urgent Care center at Washington Square provided 12,21 jobs in Center City in 215. Jefferson Health was created in May 215, when Thomas Jefferson University Hospitals merged with Abington Health of Montgomery County. In October, officials from Jefferson and Aria Health signed a letter of intent that initiates the process for Aria to become part of Jefferson Health, which would create the biggest health system in the five-county metropolitan area. Jefferson also recently announced its merger with Philadelphia University, which will make it the fifth largest university in Philadelphia. In 214, Center City s 11 institutions of higher education welcomed 32,68 new and returning students. Immediately adjacent to downtown, Drexel University, University of Pennsylvania, the University of the Sciences, and Temple University attracted an additional 84,865 students. Tens of thousands of students rent apartments, shop in Center City and patronize bars, cafés, movie theaters and cultural institutions. Half of the degrees (27,462) conferred by Philadelphia-based institutions in 214 were BAs (13,56); 43% (11,787) were at the master and doctoral levels. Philadelphia has steadily increased its ability to retain these graduates: the number of students educated in Greater Philadelphia colleges and universities who stay in the region after graduation has climbed to 64%, surpassing Boston (5%) and Baltimore (37%), according to Campus 14 CENTER CITY DISTRICT & CENTRAL PHILADELPHIA DEVELOPMENT CORPORATION

2 Philly. This steady supply of educated workers, many raised outside the region, provides a significant resource for employers and is contributing to Center City's housing boom. Net patient revenue at Center City hospitals Thomas Jefferson University Hospital, Pennsylvania Hospital, Magee Rehabilitation, Wills Eye Hospital and Hahnemann totaled $2.3 billion in 214, a slight increase from $2.25 billion in 213. So too, inpatient admissions to these hospitals grew by about 6, to 53,832 in 214. By contrast, consistent with national trends, visits to outpatient departments and ambulatory surgery centers increased to 39,678 in 214, up 4,349 (12.3%) over 213 levels. Two additional urgent care centers, in addition to Jefferson s, opened in Center City in 215: a CVS at 15 Spruce Street and MyDoc at 142 Locust Street, in the Academy House. Combined research spending at Drexel, Temple, Thomas Jefferson, and Penn totaled $1.21 billion in 214, down slightly from 213 s $1.23 billion. Together these institutions applied for a total of 239 patents in 214, 3 fewer (-11.2%), than in the previous year. Once again, Penn accounted for more than 5% of the patent applications. SINCE 25, HIGHER EDUCATION AND HEALTHCARE EMPLOYMENT IN PHILADELPHIA HAS INCREASED BY 17% AND NOW PROVIDES 37% OF ALL JOBS IN PHILADELPHIA. PHILADELPHIA EDUCATION AND HEALTH SERVICES EMPLOYMENT WAGE & SALARY EMPLOYMENT 16, HEALTHCARE AND SOCIAL ASSISTANCE HIGHER EDUCATION 144,62 12, 119,498 8, 44,884 47,696 4, Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment & Wages CENTER CITY DISTRICT & CENTRAL PHILADELPHIA DEVELOPMENT CORPORATION 15

3 INPATIENT ADMISSIONS AT CENTER CITY HOSPITALS, ADMISSIONS 2, , 1, 5, 19,79 19,33 17,4 16,993 16,27 17, THOMAS JEFFERSON UNIVERSITY* PENNSYLVANIA HOSPITAL HAHNEMANN MAGEE REHAB *Note: Inpatient admissions for Wills Eye Hospital are included in Thomas Jefferson University Hospital. Source: Pennsylvania Healthcare Cost Containment Council CENTER CITY HOSPITAL NET PATIENT REVENUE NET PATIENT REVENUE (BILLIONS) $2.5 $2.3 $2.25 $2. $1.74 $1.75 $ Source: Pennsylvania Healthcare Cost Containment Council 16 CENTER CITY DISTRICT & CENTRAL PHILADELPHIA DEVELOPMENT CORPORATION

4 VINE ST MARKET ST City Hall BROAD ST PINE ST CENTER CITY HIGHER EDUCATION AND MEDICAL INSTITUTION EMPLOYMENT EMPLOYEES: < > 5 Source: Children s Hospital of Philadelphia; Drexel University; Penn Medicine; Temple University; Individual Institutions SMALLER INSTITUTIONS JEFFERSON PENN CHOP DREXEL TEMPLE KER ST 27,462 STUDENTS RECEIVED DEGREES FROM PHILADELPHIA-BASED UNIVERSITIES IN 214. CENTER CITY DISTRICT & CENTRAL PHILADELPHIA DEVELOPMENT CORPORATION 17

5 RESEARCH EXPENDITURES AT CENTER CITY AND ADJACENT UNIVERSITIES EXPENDITURES (MILLIONS) $1, $8 $6 $4 $2 $ $116.8 $111. $111.5 $13.6 $136.6 $141.4 $9.8 $77. $71.6 $911.1 $93.7 $887.8 DREXEL UNIVERSITY TEMPLE UNIVERSITY THOMAS JEFFERSON UNIVERSITY UNIVERSITY OF PENNSYLVANIA Source: Licensing Activity Survey FY214, Association of Technology Managers; Thomas Jefferson University NEW PATENT APPLICATIONS AT CENTER CITY AND ADJACENT UNIVERSITIES NEW PATENT APPLICATIONS DREXEL UNIVERSITY TEMPLE UNIVERSITY THOMAS JEFFERSON UNIVERSITY UNIVERSITY OF PENNSYLVANIA Source: Licensing Activity Survey FY214, Association of Technology Managers; Thomas Jefferson University 18 CENTER CITY DISTRICT & CENTRAL PHILADELPHIA DEVELOPMENT CORPORATION

6 TEMPLE UNIVERSITY, MAIN CAMPUS 3,952 HEALTHCARE & HIGHER EDUCATION COMMUNITY COLLEGE OF PHILADELPHIA 19,119 BROAD ST VINE ST DREXEL UNIVERSITY, CC CAMPUS 2,397 MARKET ST MOORE COLLEGE OF ART & DESIGN 453 City Hall PENNSYLVANIA ACADEMY OF THE FINE ARTS 258 TEMPLE UNIVERSITY, SCHOOL OF PODIATRIC MEDICINE 368 UNIVERSITY OF THE SCIENCES 2,748 UNIVERSITY OF PENNSYLVANIA 24,86 DREXEL UNIVERSITY 26,359 PINE ST CURTIS INSTITUTE OF MUSIC 176 ART INSTITUTE OF PHILADELPHIA 1,953 TEMPLE UNIVERSITY, CC CAMPUS 623 PEIRCE COLLEGE 1,833 UNIVERSITY OF THE ARTS 1,894 THOMAS JEFFERSON UNIVERSITY 3,66 HIGHER EDUCATION ENROLLMENT, FALL 214 FALL 214 ATTENDANCE: < , 2,1 1, > 1, Source: National Center for Education Statistics, Integrated Postsecondary Education Data System; Temple University Fact Book ; Drexel University, Office of Institutional Research, Assessment and Effectiveness DEGREES CONFERRED, , 12, 9, TASKER ST 117,545 6, 3, 2,169 13,56 8,16 3,681 ASSOCIATE S BACHELOR S MASTER S DOCTORAL Source: U.S. Department of Education,National Center for Education Statistics STUDENTS ENROLLED IN CENTER CITY AND ADJACENT COLLEGES AND UNIVERSITIES IN 214. CENTER CITY DISTRICT & CENTRAL PHILADELPHIA DEVELOPMENT CORPORATION 19