As an integral part of
the Woodruff Health Sciences Center, Emory Healthcare invests millions
each year in the center's teaching and research mission, including
$53 million in 2006.
The Woodruff Health Sciences Center's goal is to transform health
and healing, a vision made possible because science, technology, and sophisticated
social inquiry are providing new knowledge and insights on which to base
a new kind of health care. This new kind of health care must meet the
challenges that confront us as a community and make care more efficient
and accessible, both in this country and around the globe. As part of
its commitment to expanding the science to transform health and healing,
the center is investing heavily in predictive and global health initiatives,
in innovative ways to train the right kind of health care professionals,
and in strengthening the community itself. These efforts do not come cheaply,
but the hope is that they will pay off richly to benefit others on a local,
national, and global scale.
In 2005–2006, the Woodruff Health Sciences Center
(WHSC) received $331 million in sponsored research funding, including
$20 million from the National Cancer Institute to create the Emory-Georgia
Tech Nanotechnology Center for Personalized and Predictive Oncology; $7.4
million from the National Institute on Aging to designate Emory as an
Alzheimer's Disease Research Center; and almost $9 million from
the National Institutes of Health to establish Emory as one of nine centers
nationwide to screen libraries of molecular compounds for their potential
as new drugs and probes for cancer and other diseases. Emory's ability
to bring in research money greatly benefits both Atlanta and Georgia.
But research funding usually costs more in overhead expenses than the
grants actually cover. In other words, every grant received by the institution
requires a substantial co-investment in infrastructure by the institution
itself. Last year, the total cash loss for unrecovered costs for research
in the WHSC was $41.7 million. But supporters of this research understand
that this co-investment is worth every penny because they see the future
in what Emory's scientists and clinicians are doing.
Preparing future health professionals
Woodruff Health Sciences Center (WHSC) brings large sums of money into
the Atlanta area to train medical residents and other health professionals
and invests substantial resources in financial aid and scholarships. In
2005–2006, investments in financial aid and scholarships to prepare
the next generation of physicians, nurses, researchers, public health
professionals, physical therapists, physicians assistants, and others
totaled $11 million, representing almost a fourth of the tuition for these
graduate and professional students in the WHSC.
But Emory's investment in meeting
the needs of the future extends beyond its current population of students
and trainees. To address projected future shortages of scientists and
clinicians, Emory is taking measures to interest children in such careers.
The School of Medicine, for example, sponsors summer programs to bring
minority students in middle school or high school to campus to learn about
careers in science and health care. And faculty at Yerkes National Primate
Research Center work with children in elementary school to help them understand
the potential of science as well.