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LECOM Health Releases Economic Impact Report

The Lake Erie College of Osteopathic Medicine (LECOM) recently celebrated its 30th Anniversary since its establishment as the 16th college of osteopathic medicine in December of 1992. To mark this milestone, LECOM commissioned Tripp Umbach to conduct a study of LECOM Health’s economic impact on its community, state, and the nation.

Highlights of the published study include:

  • Total Economic Impact: In 2022, LECOM Health’s operations generated more than $1.4 billion annually in overall economic impact in the United States. (This includes direct expenditures for goods and services by LECOM Health and indirect or induced spending by businesses or individuals that receive payments from LECOM Health). The organization’s impact has increased dramatically over the last 25 years, up from $13.4 million in 1997.
  • Employment: LECOM Health’s operations support 7,157 full-time employees (FTEs) throughout the United States. This total employment comprises 2,838 direct employees and an additional 4,319 employees all employed because of the operations of LECOM Health.
  • Tax Revenues: LECOM Health operations in 2022 generated $141.6 million in direct federal tax revenues and an additional $212.5 million in indirect federal government revenue. The results of these operations are a total impact of $354.1 million on the United States federal tax receipts.
  • Alumni Impact: Since LECOM was founded in 1992, more than 9,000 physicians, 4,000 pharmacists, and over 800 dental graduates are LECOM alumni working throughout the United States. It is estimated that all LECOM working alumni generate more than $19.2 billion in economic activity and support 164,260 jobs.
  • Health Care Cost Savings: Roughly two out of every three LECOM graduates practice medicine in primary care specialties, placing LECOM in the top tier of all U.S. medical schools on the number of graduates who enter primary care. All LECOM alumni working mainly in primary care positions will annually contribute $2.4 billion in healthcare cost savings by assisting with preventive care practices by 2025. These savings are in addition to the annual operational impacts LECOM Health has on the nation.

The full report includes a breakdown of LECOM’s impact on the communities and states in which the college has campuses (Erie, Pa., Greensburg, Pa., Bradenton, Fla., and Elmira, N.Y.), and can be found on the school’s website at


In 2023, the Lake Erie College of Osteopathic Medicine (LECOM) celebrated its 30th anniversary. Founded in 1992, the Lake Erie College of Osteopathic Medicine (LECOM) has grown to become the largest medical school in the country. Enrollment in the College of Osteopathic Medicine, School of Pharmacy, School of Dental Medicine, School of Podiatric Medicine, School of Health Services Administration and Graduate School of Biomedical Sciences has surpassed 4,400 students at campuses in Erie and Greensburg, Pa., Bradenton, Fla., and Elmira, N.Y. LECOM consistently graduates more primary care physicians than any other U.S. medical college while maintaining one of the lowest tuitions of any private medical school in the country. The college is the core of the nation’s only osteopathic academic health center, LECOM Health, a highly innovative, multifaceted health care and education system. Today nearly 16,000 LECOM alumni are providing health care to patients across the U.S.

For More Information:
Matt Bresee
VP, Marketing & Communications