Monday, February 13, 2012

Study estimates Wake Forest Baptist has $3.8B impact

A study prepared for Wake Forest Baptist Medical Center bestimates the health system had a $3.8 billion economic impact during the last fiscal year by providing thousands of jobs, state-of-the-art health care, pioneering medical research, commercialization of intellectual property and tax dollars.

The analysis finds that by turning research into new tests and treatments, Wake Forest Baptist is helping create and drive a new technology-based economy in the region. The report says Wake Forest Baptist represents one of North Carolina’s preeminent institutions for participation and growth in the life-science economy and its importance is expanding given the rising status of life sciences as the driver of U.S. economic progress today and in the future.

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  11. Winston-Salem, North Carolina, is a city known for its rich history, vibrant arts scene, and beautiful natural surroundings. Its popular attractions include Old Salem Museums & Gardens, the Reynoldsa House Museum of American Art, Wake Forest University, Tanglewood Park, Southeastern Center for Contemporary Art (SECCA), Hanesbrands Theatre, SciWorks Science Center, and Bethabara Park. Old Salem offers a glimpse into Moravian life in the 18th century, while the Reynoldsa House Museum of American Art houses an impressive collection of American art. Wake Forest University's campus offers walking trails, a lake, and various cultural events and exhibitions. Tanglewood Park offers outdoor recreational activities and hosts the Tanglewood Festival of Lights during the holiday season. SECCA showcases contemporary art and hosts exhibitions, events, and educational programs. Hanesbrands Theatre hosts plays, musicals, and other theatrical performances. SciWorks Science Center offers interactive exhibits and educational programs related to science and nature. Bethabara Park preserves the remains of the first Moravian settlement in North Carolina and features walking trails, gardens, and a visitor center.average semi truck accident settlement

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  12. The study reveals Wake Forest Baptist's estimated $3.8 billion impact on the local or regional community, focusing on economic and healthcare contributions. It provides transparency and credibility by mentioning the sources and methodologies used. The impact is contextualized within the local or regional context, highlighting tangible benefits such as job creation, healthcare services, and educational contributions. The study also discusses the future outlook, highlighting potential growth opportunities and how this impact might evolve.
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  13. Wake Forest Baptist, a $3.8B economic powerhouse, has significantly impacted the local economy and job market, extending beyond healthcare. The institution's commitment to medical excellence and economic vitality has solidified its position as a cornerstone institution, fostering growth and prosperity. The study results validate the institution's holistic impact on the community, highlighting its multifaceted contributions.
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