UAMS Myeloma Institute adds $166m to economy. (Health Care).
The Myeloma myeloma /my·elo·ma/ (mi?e-lo´mah) a tumor composed of cells of the type normally found in the bone marrow.
giant cell myeloma see under tumor (1). Institute for Research and Therapy at the University of Arkansas for Medical Sciences The University of Arkansas for Medical Sciences (UAMS) is part of the University of Arkansas System, a state-run university in the U.S. state of Arkansas. The main campus is located in Little Rock. contributes more than $166 million annually to the Arkansas economy, according to a report from UAMS UAMS University of Arkansas for Medical Sciences .
Housed in the Arkansas Cancer Research Center at UAMS, the Myeloma Institute is the world's largest center for the treatment of multiple myeloma multiple myeloma
A malignant proliferation of abnormal plasma cells that populate the marrow-containing bones of the body. The affected plasma cells produce myeloma protein, a monoclonal antibody that replaces normal antibodies in the blood, thereby increasing susceptibility , an uncommon form of cancer.
A study by the University of Arkansas The University of Arkansas strives to be known as a "nationally competitive, student-centered research university serving Arkansas and the world." The school recently completed its "Campaign for the 21st Century," in which the university raised more than $1 billion for the school, used at Little Rock's Institute for Economic Advancement said more than 1,600 patients are treated by the institute each year. Most of those patients are from outside of Arkansas, with an average of one person accompanying each patient. Combined, an average of 3,312 people come to Little Rock each year in conjunction with visits to the institute, usually staying three months.
The $166 million comprises $60.8 million for hospital activities, including salaries and items necessary for hospital functions; $81.6 million in direct expenditures by the staff and the institute, including $48.8 million spent on research and medical care; and $23.7 million in spin-off effects, including services and goods provided by vendors in response to the institute's activities.
"Our program continues to grow each year as word spreads about our success rate in treating myeloma. I am committed to staying at UAMS," Dr. Bart Barlogie, director of the Myeloma Institute, said in a news release. The program will soon move into the new Jackson T. Stephens Spine and Neurosciences Institute.
UAMS and its affiliates, Arkansas Children's Hospital Arkansas Children's Hospital, an affiliate of the University of Arkansas for Medical Sciences, is the only pediatric medical center in Arkansas and one of the largest in the United States, serving children from birth to age 21. and Central Arkansas Veterans Healthcare System, generate more than $1 billion of direct impact and more than $3 billion of indirect impact on the Arkansas economy, according to the Institute for Economic Advancement.