San Antonio Medical Foundation 2025 STMC Economic Impact Study

For the full study by The University of Texas at San Antonio Institute for Economic Development download this STMC Econ Impact Study 2024

South Texas Medical Center Generates Nearly $18 Billion in Annual Economic Output 

San Antonio, Texas — [Sept. 24, 2025] — The South Texas Medical Center (STMC) fuels San Antonio’s economy with nearly $18 billion in annual economic output  according to a new study commissioned by the San Antonio Medical Foundation (SAMF).

The study was conducted by the University of Texas at San Antonio Valdez Institute for Economic Development and funded by SAMF.

South Texas Medical Center Economic Impact Highlights

“These figures are a powerful testament to the STMC’s critical role as a place of healing, education, and research – and as a driver of economic vitality for our entire region,” said Dr. Byron Hepburn (Maj. Gen., USAF, Ret.), Chair of the Board of Trustees of SAMF.

Beyond healthcare, STMC anchors research institutions, schools in multiple health professions, and businesses that extend their influence into education, biosciences, and innovation sectors. When including surrounding businesses, the study reports the total impact rises to $21.2 billion, supporting more than 116,000 jobs.

“Our community is proud to be home to the South Texas Medical Center, an indispensable asset for our region,” said Richard Perez, president of SAMF. “We look forward to partnering with our political, business and community leaders to ensure the legacy of exceptional healthcare, cutting edge research, world class education and economic impact continue to flourish and expand for generations to come.”

The 2024 Economic Contributions Study of the South Texas Medical Center (STMC) in Bexar County provides a comprehensive analysis of the medical center’s profound influence on San Antonio, Bexar County, and the broader South Texas region. For the full report, methodology, and details on expanded data participation, visit www.samedfoundation.org.

About the San Antonio Medical Foundation
Founded in 1947, the San Antonio Medical Foundation (SAMF) is the visionary organization behind the creation of the South Texas Medical Center. Today, SAMF continues its mission to improve community health and advance San Antonio as a leader in healthcare and biosciences by managing land resources, supporting collaborative initiatives, and funding innovative research and education programs.

Media Contact:
Richard Perez, President

San Antonio Medical Foundation
(210) 614-3734

richard@samedfoundation.org