NYITCOM-Arkansas Generates $44.6 Million in Economic Impact

The College of Osteopathic Medicine (NYITCOM-Arkansas) at Arkansas State University (A-State) generated an estimated $44.6 million in economic impact during the 2022–2023 fiscal year, according to a recent study conducted by Parker Strategy Group.

Parker Strategy Group published the study “A-State Powers Growth: Transforming the Economy and Inspiring Hearts and Minds.” The project was completed on behalf of Arkansas State University and included an overview of the impact made by NYITCOM, which opened a location on A-State’s Jonesboro campus in 2016 through a private-public partnership between A-State and New York Institute of Technology.

The study shows that NYITCOM-Arkansas’ $44.6 million economic impact includes the support of 263 jobs and operations that result in $2.2 million in additional state and local taxes. (See NYITCOM-Arkansas’ portion.)