Augusta University generates over $2 billion for Georgia’s economy

Augusta University is helping to boost Georgia’s economy.

The university, including Augusta University Health, has contributed $2.6 billion to the state’s economy in the fiscal year 2019, according to a recent report from the Selig Center for Economic Growth at the University of Georgia’s Terry College of Business.

Augusta University accounts for more than 21,000 jobs statewide, which help the university rank among the top University System of Georgia institutions with the highest economic impact.

“Augusta University is a part of a system of institutions that bring great value to our state,” said Augusta University President Brooks A. Keel, PhD. “As we continue our efforts to deliver quality education to our students and provide state-of-the-art services to our patients, we are grateful to know we are a key player in generating jobs and revenue for Georgia.”

Part of the contributions from Augusta University can be attributed to the economic activity at its branch clinical campus sites around the state, accounting for $1.68 million of revenue in Albany, $2.34 million in Savannah and $2 million in Rome. Those institutions also brought a total of 45 jobs to those cities.

“We have gifted caregivers throughout our facilities meeting the needs of our patients and their families,” said Katrina Keefer, executive vice president for health affairs at Augusta University and chief executive officer for Augusta University Health System. “As we work to expand our health care footprint, we will continue to do our part to both strengthen Georgia’s economy and train the next generation of Georgia providers, ensuring a strong available workforce to deliver the high-quality care that families deserve.”

Overall, the economic impact for all 26 USG institutions totaled nearly $18.5 billion in the state’s economic activity and the employment impact included more than 157,000 full- and part-time jobs.

Read the full report and view a complete list of economic impact from the USG institutions.