The Medical Center's economic impact has grown 36% since 2018, according to a study commissioned by the San Antonio Medical Foundation.
While COVID “greatly impacted clinical services,” said Jim Reed, San Antonio Medical Foundation president, construction in the Medical Center continued during the pandemic, including on University Health’s new Women’s & Children’s Hospital, which opens next month.
The pandemic was still disrupting health care in 2022, the period studied in the San Antonio Medical Foundation report, said Jim Reed, the foundation’s president. Hospitals were full of COVID patients, and many optional surgeries and treatments were still being delayed. He also noted the Medical Center’s rising tax base. The study estimated it poured more than $120 million into city and county coffers in property and sales taxes, and roughly the same amount in sales taxes to the state of Texas.
Today the Medical Center, which the study delineated as the area bounded by Heubner, Babcock, Louis Pasteur and Fredericksburg roads, includes UT Health San Antonio, 12 major hospitals, 45 clinics, 75 “medically-related institutions” and many more small medical practices, offices and non-medical businesses.
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