2025 Report to the Community - Flipbook - Page 12
Economic
IMPACT
MUSC Hollings Cancer Center is a significant driver of the South
Carolina economy, according to a new study that provides a
comprehensive assessment of Hollings’ economic impact on the state.
The study reveals that Hollings’ impact arises not only from its large workforce and
ongoing operations but also through the economic activity generated by its extensive
supply chain network throughout the state. This network creates sizable economic
ripple effects across many industries, including indirect job creation, higher incomes for
residents, and a substantial increase in overall economic activity.
“As the only National Cancer Institute-designated cancer center in South Carolina,
Hollings is uniquely positioned to attract a highly educated workforce who are at the
forefront of cancer research and care that benefit residents of our state,” said Raymond
N. DuBois, M.D., Ph.D., director of MUSC Hollings Cancer Center. “And with this
study, we are able to see how that expertise also benefits the state monetarily through
our impact on job creation, purchasing, and even our state tax contributions.”
With South Carolina experiencing both a growing and aging population base, the
demand for health care – especially oncology-related services – will continue to rise.
Hollings Cancer Center is poised to play an increasingly critical role in the economic
and physical health of South Carolina in the coming years.
“Our new cancer hospital, slated to be built within five years, will multiply this economic
impact to a much greater degree as we hire more researchers, providers, and staff and
care for more patients,” added DuBois.
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MUSC Hollings Cancer Center
