Economic Contributions of Medical Residencies to Arkansas
Headline finding: Adding 275 medical residents over six years could generate about $465M in additional economic activity in Arkansas.
Implied output: ~$482K per resident-year (963 resident-years).
ROI framing: CMS cost reports suggest ~$115K per resident annually, implying a greater-than-4x return on investment.
Policy outcome: The analysis contributed to the state appropriating $7.5M in graduate medical education funding.
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