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The Role of “Eds and Meds” in Revitalizing Camden

The Role of “Eds and Meds” in Revitalizing Camden65 70 75 80 85 90 95 ED/MEDEMPLOYEES,INTHOUSANDS EducaonandHealthServicesJob Growth,CamdenMetropolitanArea: 20052015 Thereisasignificantdemandfor

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Page 1: The Role of “Eds and Meds” in Revitalizing Camden65 70 75 80 85 90 95 ED/MEDEMPLOYEES,INTHOUSANDS EducaonandHealthServicesJob Growth,CamdenMetropolitanArea: 20052015 Thereisasignificantdemandfor

The Role of “Eds and Meds” in

Revitalizing Camden

Page 2: The Role of “Eds and Meds” in Revitalizing Camden65 70 75 80 85 90 95 ED/MEDEMPLOYEES,INTHOUSANDS EducaonandHealthServicesJob Growth,CamdenMetropolitanArea: 20052015 Thereisasignificantdemandfor

CAMcare   Lourdes Health System  Camden County College   Virtua  

Cooper Medical School of Rowan University  

Rowan University  

Cooper University Health Care   Rutgers University-Camden  

Rowan University/Rutgers Camden Board of Governors  

Eds and Meds Impact 39% of all Camden jobs are in Eds and Meds institutions. 66.9% increase in Eds and Meds jobs since 2001 12,060 Eds and Meds jobs in the City of Camden in 2014 $797 million in total wages were paid by Eds and Meds institutions in 2014     Source:  The  Camden  Higher  Educa4on  and  Healthcare  Task  Force,  Economic  Impact  Report:  Fall  2015  (2015)  

Page 3: The Role of “Eds and Meds” in Revitalizing Camden65 70 75 80 85 90 95 ED/MEDEMPLOYEES,INTHOUSANDS EducaonandHealthServicesJob Growth,CamdenMetropolitanArea: 20052015 Thereisasignificantdemandfor

65  

70  

75  

80  

85  

90  

95  

ED/M

ED  EMPLOYEES,  IN  THO

USA

NDS

 

Educa&on  and  Health  Services  Job  Growth,  Camden  Metropolitan  Area:  

2005-­‐2015  

There  is  a  significant  demand  for  trained  health  care  professionals  in  the  Camden  Metropolitan  Area

In  the  Camden  Metropolitan  Area,  from  2005  to  2015,  the  Educa4on  and  Health  Services  sector  grew  at  an  annual  rate  of  1.8%,  adding  14,800  jobs.    In  2014  there  were  507,810  individuals  employed  in  the  Camden  Metropolitan  area.  Of  these,  10.3%  (52,226  individuals),  worked  in  health  care  occupa4ons.    

Sources:  U.S.  Bureau  of  Labor  Sta4s4cs,  State  and  Area  Employment,  Hours,  and  Earnings:  Camden,  NJ  Metropolitan  Division  (2015);  U.S.  Bureau  of  Labor  Sta4s4cs,  May  2014  Metropolitan  and  Nonmetropolitan  Area  OccupaGonal  Employment  and  Wage  EsGmates:  Camden  Metropolitan  Division  (2015)  

Page 4: The Role of “Eds and Meds” in Revitalizing Camden65 70 75 80 85 90 95 ED/MEDEMPLOYEES,INTHOUSANDS EducaonandHealthServicesJob Growth,CamdenMetropolitanArea: 20052015 Thereisasignificantdemandfor

The  Board’s  mission  is  to  unify  and  leverage  exis7ng  educa7on,  research  and  medical  assets  in  Camden  to  create  and  sustain  economic  growth  and  civic  engagement  in  the  city  of  Camden  and  the  broader  South  Jersey  region.    

Page 5: The Role of “Eds and Meds” in Revitalizing Camden65 70 75 80 85 90 95 ED/MEDEMPLOYEES,INTHOUSANDS EducaonandHealthServicesJob Growth,CamdenMetropolitanArea: 20052015 Thereisasignificantdemandfor

Joint  Health  Sciences  Center  

Phase  I:  $50  Million  from  the  Biomedical  Facili&es  Act.                -­‐  65,000  SQFT.  

First  of  its  kind  infrastructure  and  programma&c  partnership  between  two  state  funded  research  ins&tu&ons  

Page 6: The Role of “Eds and Meds” in Revitalizing Camden65 70 75 80 85 90 95 ED/MEDEMPLOYEES,INTHOUSANDS EducaonandHealthServicesJob Growth,CamdenMetropolitanArea: 20052015 Thereisasignificantdemandfor

OBJECTIVES  OF  THE  JOINT  HEALTH  SCIENCE  CENTER  

           

             

Instruc&onal  Programs  

1.  Train  the  next  genera4on  of  healthcare  workers;  

2.  Provide  con4nuing  educa4on  and  career  ladder  opportuni4es.  

Research  Programs    

1.       Leverage  the  research                      status  of  Rutgers/Rowan                  to  develop  a  significant                  research  footprint  in                  Camden;  and  2.       Develop  transla4onal                  research  programs  with                  Coriell  Ins4tute,  the                  medical  school  and  area                  hospitals.    

J H S C

Page 7: The Role of “Eds and Meds” in Revitalizing Camden65 70 75 80 85 90 95 ED/MEDEMPLOYEES,INTHOUSANDS EducaonandHealthServicesJob Growth,CamdenMetropolitanArea: 20052015 Thereisasignificantdemandfor