New BioCrossroads report highlights impressive impact of healthcare and life sciences sector in Uplands region

2022-06-16T13:48:48-04:00June 16, 2022|

BLOOMINGTON, Ind. (June 16, 2022) – The Indiana Uplands region’s healthcare and life sciences sector has a $9.5 billion annual economic impact and employs more than 23,000 people in the eleven-county area1, according to a new report. The study from TEConomy Partners, ESSENTIAL: The impact of healthcare and life sciences sector in the Indiana Uplands region, examined the influence of decades of investments in the region as well as how the sector provides benefits to their other industries such as manufacturing, technology and retail. The sector has seen a rapid 18 percent job growth since 2015, well outpacing overall private sector growth of 2 percent. In addition, average yearly wages in the healthcare and life sciences for the Uplands region are nearly $63,000, $23,000 above their private sector counterparts. “The Uplands region has one of the highest concentrations of life [...]