Tripp Umbach discovered that the UVM Health Network contributes more that $2.24 billion in economic impact to Vermont and New York annually, while generating more than $144.6 million in state and local government revenue impact.read more
Tripp Umbach has completed more economic impact studies nationwide than any other company
This includes hundreds of customized studies for academic medical centers, colleges and universities, hospitals and health systems, non-profit organizations, research institutes, arts, tourism, and sports initiatives as well municipal economic development plans.
Sound economic modeling and a creative, solutions-based approach distinguish Tripp Umbach. We identify clients’ unique needs and craft one-of-a-kind studies and reports that effectively communicate the metrics and merits of each customized assignment.
ECONOMIC IMPACT CONSULTING SPECIALTIES
ACADEMIC MEDICAL CENTERS
Tripp Umbach is the firm of choice for economic impact studies for academic medical centers. Over the past 25 years we have completed national studies of every medical school and teaching hospital and customized reports for more than half of all established and newly planned medical schools. Learn more by reading our recent study completed for The Ohio State University Medical Center.
TOURISM AND SPORTS INDUSTRY
Since our founding in 1990 Tripp Umbach has completed hundreds of economic impact studies in the tourism and sports industry. Our clients include the national parks services, PGA golf events, NFL teams, college athletics and conventions centers. Learn more by reading about our recent study completed for UT Athletics.
SOCIETAL IMPACT STUDIES
We expanded our nationally recognized expertise in economic impact assignments to assess the societal impact of initiatives in community health, economic development, and education. For example, our current project for the Alliance of Excellence in Education measures multiple societal impacts and costs savings attributed to completing high school.
ECONOMIC IMPACT CASE STUDIES
Tripp Umbach analyzed the impact of UT athletics and identified a diverse range of community benefits provided to the region of Knox County such as entertainment, visitor attraction, volunteer activities, and monetary donations to non-profits.read more
Tripp Umbach found that $1 out of every $31 in the state’s economy can be tracked to the University of Washington for a total of FY14 impact of $12.5 billion.read more
Tripp Umbach conducted a study to quantify the economic impact of the Wexner Medical Center, its in‐patient and ambulatory clinical services, as well as the research and educational missions of its seven Health Sciences Colleges for the State of Ohio, Franklin County, and the City of Columbus.read more
Tripp Umbach proved that Penn Medicine’s presence played an integral part in Pennsylvania’s economy by generating revenue, jobs, and strengthening statewide tax base.read more
We worked with The Alliance for Excellent Education to validate the feasibility of expanding The Graduation Effect project.read more