Saturday, November 15, 2008

Memphis...One of the South's largest Healthcare Cities

Did you know that Memphis was one of the south's largest health care and medical products cities? One in nine jobs in the area is health care related bringing a $10.4 billion annual economic impact along with it. There are 2400 companies with nearly a $2 billion annual payroll.
Memphis is the second largest U.S. medical device manufacturing center.
St. Jude Children's Research Hospital is located here with $1.2 billion expansion in the last 5 years. St Jude is a renowned Nobel prize-winning institution adding over 1200 scientists to it's staff.
University of Tennessee Medical School is also located in Memphis.
Let's not forget to mention 19 area hospitals with over 4100 beds.
The Southern college of Optometry is also located in Memphis.
The Shea Ear Clinic, also world renowned, is located here as well.
So now you can see that along with the other major companies with headquarters or distribution centers located here, where all the Memphis real estate is selling.