NYITCOM at A-State has $44.6 million impact to local economy
by May 15, 2025 11:31 am 329 views
The New York Institute of Technology College of Osteopathic Medicine has a $44.6 million impact to the economy in Northeast Arkansas, according to a study conducted by the Parker Strategy Group. The study found that the school supports 263 jobs and generates $2.2 million in additional state and local taxes.
NYITCOM at A-State students contributed a total of $7.6 million as a result of their spending, including $5.2 million direct economic impact, $1.1 million indirect economic impact, and $1.3 million induced economic impact.
The medical school’s operations and capital spending contributed a total of $36.1 million as a result of operational spending. This figure includes $19.4 million direct economic impact, $6.4 million indirect economic impact, and $10.2 million induced economic impact
“In addition to making an impact on health care and health education in this region, we’ve always been focused on making positive contributions to our state and region through a number of ancillary avenues,” said Shane Speights, D.O., dean of NYITCOM at A-State. “It’s invigorating to see that not only are we leading much-needed health outreach programs and producing physicians who are now practicing here, but we are also making a significant contribution to the local and state economy. We’re just thrilled to see that.”
NYITCOM at A-State is accredited for 115 medical students per year in its Doctor of Osteopathic Medicine (D.O.) program. Additional offerings such as its Master of Biomedical Sciences and Emergency Medical Services programs brought the Arkansas enrollment to 567 students in the fall of 2024.
Next week, NYITCOM at A-State will graduate its sixth class.
The Jonesboro-based medical school has enjoyed a 100% cumulative placement rate through the National Residency Matching Program. Approximately 65% of NYITCOM at A-State graduates have pursued primary care specialties, which is notable considering the significant needs Arkansas and the Greater Mississippi Delta region face in those practices.