Louisiana doctors had an outsized impact on the state’s economy, accounting for $7.7 billion in economic activity and supporting 93,974 jobs statewide, according to a new report from the American Medical Association.
On average, each patient physician in Louisiana supported close to 10 jobs, including his or her own, the report says. The study includes only the doctors whose primary role is treating patients, whether in hospitals or offices. Physicians who are inactive or work in other roles, such as administration or teaching, were excluded.
AMA President Dr. Ardis Dee Hoven said the study shows physicians are strong economic drivers woven into their local communities.
Given the changing health environment, the AMA felt it paramount to quantify the economic impact doctors have on society.
Nationwide, physicians had an economic impact of $1.6 trillion and supported nearly 10 million jobs, the report says.