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Strategy: San Antonio, Texas - Medical Economy Increases by $1 Billion (2008)

This video from Employment Crossing.COM describes how the San Antonio Texas medical economy is large and growing. Texas' second largest citys health care and bioscience industry grew by $1 billion in 2007 to $16.3 billion, and added about 3,600 jobs, according to a report released this morning by the Greater San Antonio Chamber of Commerce. The 116,417 jobs in medical services, research, health insurance and related industries accounted for one in seven jobs in San Antonio and payroll of $4.5 billion. About 12,000 additional jobs at Wilford Hall Medical Center, Brooke Army Medical Center and the the University of Texas Health Science Center were not included in the study. Those jobs come with a payroll of about $775 million. It has been another year of slow and steady growth, said Mary Stefl, a health care administration professor at Trinity University and co-author of the study. . Jobs could surge in the next few years with the opening of new hospitals by the Methodist Healthcare System and Christus Santa Rosa Health Care. Also, a new Baptist Health System hospital at Brooks City-Base also will begin construction soon.

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