Dear Members of the UCSF Community,
Today, UCSF released its 2016 economic and fiscal impact report, which highlights the myriad ways our university drives innovation, leads scientific and technological discovery, educates our next generation of health care providers, improves the health of patients and populations, and contributes to the economic vitality of our city and the nine-county Bay Area.
Since our last study conducted in 2010, UCSF’s total economic output – the cumulative value of all our activities in employment, job creation, operations, construction and spending – has increased from $6.2 billion to $8.9 billion, representing a 24 percent increase in inflation-adjusted dollars.
UCSF is the second largest employer in San Francisco and the fifth largest in the Bay Area, employing more than 24,000 faculty and staff. Many of our nearly 5,000 students and trainees choose to make a difference improving lives here in California.
As a leader in the biotech and life sciences industry, UCSF has spurred more than 185 start-up companies, which invent and commercialize products. The UCSF Health system has become a major player in the Northern California health care sector and is partnering with other institutions to extend high-quality care throughout the Bay Area and beyond.
UCSF’s financial strength as a $5.4 billion enterprise allows us to fulfill our public mission, enhancing the quality of life in our community. You can learn more about how UCSF is invested in our community online.
Sam Hawgood, MBBS
Arthur and Toni Rembe Rock Distinguished Professor