HEALTHCARE & HIGHER EDUCATION Matt Stanley Healthcare and educational institutions account for 37% of agreement to become part of Thomas Jefferson University all jobs in Philadelphia, the largest sector in the city, while as well. downtown, “eds & meds” provide 19.8% of all jobs. From 2005 Penn Medicine, Drexel University and Children’s Hospital of to 2015, Philadelphia’s higher education sector experienced Pennsylvania (CHOP) increased their combined number of jobs modest job growth of 9%, while the healthcare and social in Center City to 8,148, while nine smaller institutions employed assistance sector grew by 23%. more than 3,100 employees. The Thomas Jefferson University and Health system, Center Net patient revenue at Center City hospitals — Thomas City’s largest private employer, employed 13,778 people in 2016, Jefferson University Hospital, Pennsylvania Hospital, Wills a 15% increase over the previous year. Jefferson continued Eye Hospital and Hahnemann — totaled $2.43 billion in 2015, to expand in 2016 through several mergers and partnerships. a slight increase from $2.30 billion in 2014. In January 2017, The Aria-Jefferson Health merger was completed in 2016, Vybe Urgent Care opened a new facility in Center City, joining and Jefferson Health acquired a controlling interest in the Jefferson Hospital and the myDoc chain as the only urgent care Rothman Orthopaedic Specialty Hospital in Bensalem, N.J., centers located downtown. Jefferson’s ninth hospital in the region. Jefferson Health and Kennedy Health, based in Voorhees, N.J., signed a binding In fall 2015, Center City’s 15 institutions of higher education agreement to merge, while Jefferson Health established a new reported enrollment of more than 32,500 students. Immediately kidney transplant center at Ninth and Chestnut Streets and, adjacent to downtown, Drexel University, University of in partnership with Rothman Institute, created a multimillion- Pennsylvania (Penn), University of the Sciences, and Temple dollar “spine center of excellence” in South Philadelphia. University enrolled an additional 75,431, for a total population In addition, Thomas Jefferson University and Philadelphia of more than 107,000 students in or adjacent to downtown. University expect to complete their merger in 2017. Magee Students rent apartments, shop, frequent bars and restaurants, Rehabilitation Hospital recently entered into a preliminary and enjoy the many amenities of Center City.
14 CENTER CITY DISTRICT & CENTRAL PHILADELPHIA DEVELOPMENT CORPORATION | CENTERCITYPHILA.ORG HEALTHCARE & HIGHER EDUCATION
Of the 27,872 degrees conferred by Philadelphia-based The city’s medical and academic research institutions received educational institutions in 2015, 50% were bachelor’s degrees $857 million in National Institutes of Health grants in 2016, (13,914) and 42% were at the master’s or doctoral level (11,799). putting Philadelphia fourth nationally, behind Boston, New York, These schools produced a 13% increase in technology and and Seattle. The Brookings Institution named Philadelphia one engineering graduates between 2013 and 2015, providing a of the world’s Knowledge Capitals, defined as “19 mid-sized, new cohort of potential employees for Science, Technology, highly productive innovation centers in the United States and Engineering and Math (STEM) occupations. Philadelphia also Europe with talented workforces and elite research universities.” has experienced a 69% increase in international students in the These centers of innovation can serve as generators of new past decade. At the same time, 64% of all graduates stayed in firms and expanded employment opportunities for the region. the region in 2015.
This year, Drexel University expects to open the Thomas R. Kline Institute of Trial Advocacy at 12th and Chestnut Streets. CHOP’s 23-story research tower, the Roberts Center, on the western edge of Center City near the South Street Bridge, is expected to open with 855 employees, as the first phase of a multi-year, 466,000-square-foot development.
According to the National Science Foundation’s Higher EDUCATION AND HEALTH SERVICES Education Research and Development Survey, combined research spending at Drexel, Temple, Thomas Jefferson, and EMPLOYMENT IN PHILADELPHIA Penn totaled $1.34 billion in 2015, up from $1.30 billion in 2014. These institutions launched 27 startups in 2015, applied for a GREW STEADILY BY 16% total of 330 patents, and generated income from active licenses BETWEEN 2006 AND 2015, HELPING BUFFER totaling $44.5 million. Patent applications were up 38% in 2015, compared to the previous year. THE CITY FROM THE GREAT RECESSION.
PHILADELPHIA EDUCATION AND HEALTH SERVICES EMPLOYMENT
WAGE & SALARY EMPLOYMENT HEALTHCARE AND SOCIAL ASSISTANCE HIGHER EDUCATION 160,000 147,565
125,011
120,000
80,000
48,807 44,147
40,000
0
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment & Wages
CENTER CITY DISTRICT & CENTRAL PHILADELPHIA DEVELOPMENT CORPORATION | CENTERCITYPHILA.ORG 15 GIRARDA AVE
CENTER CITY HIGHER EDUCATION AND MEDICAL INSTITUTION EMPLOYMENT
EMPLOYEES: < 50
51–100
101–250
251–500
> 500 VINE ST
Smaller Institutions
Jefferson
U Penn
CHOP City Hall Drexel MARKET ST
Temple
Source: Children's Hospital of Philadelphia; Drexel University; Penn Medicine; Temple University;
ROAD ST
Thomas Jefferson University; Individual Institutions B
PINE ST
HEALTHCARE AND EDUCATION PROVIDES 58,500 JOBS IN CENTER CITY AND DRAWS 32,550 STUDENTS INTO DOWNTOWN.
TASKER ST
16 CENTER CITY DISTRICT & CENTRAL PHILADELPHIA DEVELOPMENT CORPORATION | CENTERCITYPHILA.ORG GIRARDA AVE
HEALTHCARE & HIGHER EDUCATION
CENTER CITY HIGHER NATIONAL INSTITUTES OF HEALTH FUNDING, 2016 EDUCATION AND MEDICAL
INSTITUTION EMPLOYMENT BOSTON $1,834,000,000
EMPLOYEES: NEW YORK $1,419,000,000
< 50 SEATTLE $868,000,000
51–100 PHILADELPHIA $857,000,000
101–250 BALTIMORE $843,000,000
LA JOLLA $748,000,000 251–500 SAN FRANCISCO $659,000,000
> 500 CHICAGO $646,000,000 VINE ST PITTSBURGH $536,000,000
HOUSTON $516,000,000 Smaller Institutions ATLANTA $410,000,000 Jefferson
U Penn $0 $500,000,000 $1,000,000,000$1,500,000,000 $2,000,000,000 TOTAL NIH FUNDING CHOP Source: U.S. Department of Health & Human Services, National Institutes of Health City Hall Drexel MARKET ST
Temple
Source: Children's Hospital of Philadelphia; Drexel University; Penn Medicine; Temple University;
ROAD ST PHILADELPHIA RANKS 4TH NATIONALLY, SECURING
Thomas Jefferson University; Individual Institutions B $857 MILLION IN NIH GRANTS IN 2016.
PINE ST
CENTER CITY HOSPITAL NET PATIENT REVENUE
BILLIONS
$2.50 $2.43
$2.00
$1.66
TASKER ST $1.50
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Source: Pennsylvania Healthcare Cost Containment Council
CENTER CITY DISTRICT & CENTRAL PHILADELPHIA DEVELOPMENT CORPORATION | CENTERCITYPHILA.ORG 17 GIRARD AVE
TEMPLE UNIVERSITY, MAIN CAMPUS 31,826
COMMUNITY COLLEGE OF PHILADELPHIA 18,966
ROAD ST
B
VINE ST DREXEL UNIVERSITY, MOORE COLLEGE CC CAMPUS OF ART & DESIGN 2,324 439 PENNSYLVANIA ACADEMY OF THE FINE ARTS TEMPLE UNIVERSITY, 124 SCHOOL OF PODIATRIC MEDICINE 366 TEMPLE UNIVERSITY, MARKET ST CC CAMPUS City Hall UNIVERSITY 760 HUSSIAN COLLEGE DREXEL OF PHOENIX 73 UNIVERSITY 441 16,065 JNA INSTITUTE OF THOMAS JEFFERSON THE ART INSTITUTE CULINARY ARTS UNIVERSITY OF UNIVERSITY OF PHILADELPHIA 43 3,692 PENNSYLVANIA 1,536 24,876
ACADEMY OF CURTIS INSTITUTE VOCAL ARTS OF MUSIC UNIVERSITY OF 28 174 THE ARTS PEIRCE 1,876 UNIVERSITY OF PINE ST THE SCIENCES COLLEGE 2,664 1,708
HIGHER EDUCATION ENROLLMENT, FALL 2015 FALL 2015 ATTENDANCE: Source: National Center for Education Statistics, Integrated Postsecondary Education Data System; Temple University Fact Book 2015-2016; Drexel University, Office of Institutional Research, Assessment & Effectiveness; Pennsylvania Academy of the Fine Arts Annual Report; Thomas Jefferson University; < 500 501–2,000 2,001–10,000 > 10,000 University of Pennsylvania; University of the Sciences
DEGREES CONFERRED BY PHILADELPHIA COLLEGES AND UNIVERSITIES, 2015
15,000
12,000 TASKER ST 25,713 9,000 STUDENTS GRADUATED 6,000 FROM PHILADELPHIA COLLEGES
3,000 AND UNIVERSITIES IN 2015 WITH A BACHELOR’S DEGREE OR HIGHER. 0 2,159 13,914 8,097 3,702 ASSOCIATE BACHELOR’SMASTER’SDOCTORAL
Source: U.S. Department of Education, National Center for Education Statistics
18 CENTER CITY DISTRICT & CENTRAL PHILADELPHIA DEVELOPMENT CORPORATION | CENTERCITYPHILA.ORG GIRARD AVE
TEMPLE UNIVERSITY, HEALTHCARE & HIGHER EDUCATION MAIN CAMPUS 31,826 RESEARCH EXPENDITURES AT CENTER CITY AND ADJACENT UNIVERSITIES COMMUNITY COLLEGE OF PHILADELPHIA 18,966 EXPENDITURES (MILLIONS) 2013 2014 2015 1000
ROAD ST
B
VINE ST 800 DREXEL UNIVERSITY, MOORE COLLEGE CC CAMPUS OF ART & DESIGN 2,324 439 PENNSYLVANIA ACADEMY 600 OF THE FINE ARTS TEMPLE UNIVERSITY, 124 SCHOOL OF PODIATRIC MEDICINE 366 TEMPLE UNIVERSITY, 400 MARKET ST CC CAMPUS City Hall UNIVERSITY 760 HUSSIAN COLLEGE DREXEL OF PHOENIX 73 UNIVERSITY 441 200 16,065 JNA INSTITUTE OF THOMAS JEFFERSON THE ART INSTITUTE CULINARY ARTS UNIVERSITY OF UNIVERSITY OF PHILADELPHIA 43 3,692 PENNSYLVANIA 1,536 24,876 0 $123.8 $131.2 $128.0 $224.1 $224.1 $227.5 $89.3 $118.4 $119.6 $828.4 $828.4 $864.1
ACADEMY OF CURTIS INSTITUTE DREXEL UNIVERSITY TEMPLE UNIVERSITY THOMAS JEFFERSON UNIVERSITY UNIVERSITY OF PENNSYLVANIA VOCAL ARTS OF MUSIC UNIVERSITY OF 28 174 THE ARTS PEIRCE 1,876 Source: National Science Foundation, National Center for Science & Engineering Statistics, Higher Education R&D Survey UNIVERSITY OF PINE ST THE SCIENCES COLLEGE 2,664 1,708 RESEARCH EXPENDITURES AND PATENTS DRIVE INNOVATION HIGHER EDUCATION ENROLLMENT, FALL 2015 FALL 2015 ATTENDANCE: AND CAN CREATE THE NEXT ECONOMY FOR PHILADELPHIA. Source: National Center for Education Statistics, Integrated Postsecondary Education Data System; Temple University Fact Book 2015-2016; Drexel University, Office of Institutional Research, Assessment & Effectiveness; Pennsylvania Academy of the Fine Arts Annual Report; Thomas Jefferson University; < 500 501–2,000 2,001–10,000 > 10,000 University of Pennsylvania; University of the Sciences NEW PATENT APPLICATIONS AT CENTER CITY AND ADJACENT UNIVERSITIES
NEW PATENT APPLICATIONS 2013 2014 2015 200
150
TASKER ST
100
50
0 95 78 64 19 20 38 19 18 53 136 123 175 DREXEL UNIVERSITY TEMPLE UNIVERSITY THOMAS JEFFERSON UNIVERSITY UNIVERSITY OF PENNSYLVANIA
Source: Association of Technology Managers, Licensing Activity Survey FY2015
CENTER CITY DISTRICT & CENTRAL PHILADELPHIA DEVELOPMENT CORPORATION | CENTERCITYPHILA.ORG 19