On Wednesday, May 24, the held its annual Las Vegas Perspective event, providing discussions on topics surrounding economic development data, analysis and forecasting for Southern Nevada.
Healthcare & Life Sciences
Southern Nevada has made growing its health care industry a top priority. From energizing medical and wellness tourism efforts to building new medical schools, the region is laying the groundwork for a robust regional health care and life sciences cluster. In recent years, Southern Nevada has seen a large expansion of its pharmaceutical manufacturing and pharmacy benefits management and distribution sector.
Find out more about Southern Nevada’s: Medical Tourism & Specialty Health Care Sector, Medical Research Companies, and Pharmaceutical Companies by scrolling below.
health care and life sciences CLUSTER
|Employment in Cluster||72,811|
|Regional Yearly Average Wage in Cluster||$54,142|
|Cluster Employment Growth (2014/15)||3.8%|
SOUTHERN NEVADA health care and life sciences INDUSTRIES
REGIONAL AVERAGE WAGES
|Pharmaceutical Preparation Manufacturing||$46,849|
|Offices of Physicians (except Mental Health Specialists)||$81,646|
|HMO Medical Centers||$85,948|
|General Medical & Surgical Hospitals||$73,852|
KEY ASSETS TO THE HEALTH CARE AND LIFE SCIENCES SECTOR
Touro University Nevada was established to help address critical personnel needs in health sciences and education and as a resource for community service in the state of Nevada. Touro is Nevada’s largest medical school, and offers a wide range of advanced degree programs to its 1400 students, including the only Masters programs in Physician Assistant Studies and Occupational Therapy.
Formed in 1999, Roseman University of Health Sciences is the brainchild of founders, and spouses, Dr. Harry Rosenberg and Dr. Rene Coffman. Through entrepreneurialism and innovation, Drs. Rosenberg and Coffman grew the private, non-profit institution to over 1000 students.
The University of Nevada Las Vegas is creating a world-class center for education, patient care, and research that prepares Nevada’s doctors with the most innovative and technologically advanced forms of medical training. The medical school will generate a local economic impact of more than $1 billion annually and create 8,000 jobs by 2030. UNLV is also known for it’s top ranked School of Nursing programs, School of Dentistry and School of Community Health Sciences.
Founded in 2002, Las Vegas HEALS (Health, Education, Advocacy, and Leadership in Southern Nevada) is a nonprofit, membership-based association whose mission is to foster strategic alliances in the health care community, collaborating on workforce issues, and being a proactive force for legislative initiatives to improve access and the delivery of quality health care. Las Vegas HEALS employers collectively employ 24,000 health care professionals.
The College of Southern Nevada’s health sciences programs contribute thousands of graduates to Southern Nevada’s health care workforce, and Nevada State College provides several nursing degree programs. The University of Nevada Las Vegas’ health sciences programs also provide pre-professional fast-track degrees in various fields.
Nevada State College (NSC), Nevada’s newest institution of higher education, has made the training of Southern Nevada’s health care workforce one of its top priorities. NSC offers full-time and part-time tracks in its nursing program, and more than 25 other degree programs including biology, psychology, and speech pathology.
The Nevada Institute of Personalized Medicine (NIPM) at the University of Nevada, Las Vegas is working to improve individual and systemic health care through translational clinical scientific research, education and workforce training, commercialization of technologies, and job creation. Led by Dr. Martin Schiller, NIPM partners with health care providers, like the Cleveland Clinic Lou Ruvo Center for Brain Health, and technology companies, like Switch and Intel, to develop new therapies, improve outcomes, and reduce costs for health care providers.
The Oquendo Center is a facility designed by medical professionals to share, communicate, teach and learn. It is truly a unique venue, encompassing more than 66,000 square feet of state-of-the-art laboratory, educational, and meeting space devoted to practical, clinical and knowledge-based learning for the medical profession, as well as an open canvas for any meeting or event. The Oquendo Center is not only unique to Las Vegas, but is also one of the only facilities of its kind in the country, offering a variety of learning environments, catering services and turn-key solutions for medical event planners.
HOSPITALS & HEALTH CARE PROVIDERS
As the community’s only not-for-profit, faith-based hospital system, the Dignity Health St. Rose Dominican Hospital System is guided by the vision and core values of the Adrian Dominican Sisters. Today, three Dignity Health St. Rose hospitals serve the region. In 2011, St. Rose entered into a partnership with Stanford Hospital and Clinics, one of the country’s most respected medical institutions. The joint venture combines the high levels of quality and community trust already established at St. Rose, with the world-renowned expertise of Stanford’s neurosurgery and cardiovascular surgery.
The Valley Health System, a subsidiary of Universal Health Services, is a network of five hospitals in Southern Nevada, including Centennial Hills Hospital, Desert Springs Hospital, Spring Valley Hospital, Summerlin Hospital, and Valley Hospital. The Valley Health System offers comprehensive range of healthcare services including cardiovascular, maternity and women’s health, neurosciences, emergency and surgical care, along with specialty programs in stroke, chest pain, heart failure, pediatrics, diabetes, wound care, bariatrics and acute rehabilitation. Working with Touro University Nevada, the Valley Health System also works to train the next generation of Nevada doctors through its Graduate Medical Education programs.
Celebrating more than 50 years in Southern Nevada, the Sunrise Health System is a network of four hospitals in Southern Nevada: Sunrise Hospital and Medical Center, Sunrise Children’s Hospital, Southern Hills Hospital and Mountain View Hospital. In 2014, The Joint Commission recognized Sunrise Hospital as a Top Performer on Key Quality Measures® for achieving excellence in performance on its accountability measures during 2013 for heart attack, heart failure, pneumonia and surgical care.
The University Medical Center has been serving the health care needs of Southern Nevada since 1931. The only publicly owned hospital in Southern Nevada, UMC is affiliated with the University of Nevada School of Medicine and serves as the state’s major clinical campus. Through its affiliation with the School of Medicine, residency programs in internal medicine, obstetrics and gynecology, family practice, general surgery and pediatrics are offered at UMC. UMC is the only Level 1 Trauma Care Center in Nevada, as well as the only designated Pediatric Trauma Care Center in Nevada.
Since 1972, the VA Southern Nevada Healthcare System (VASNHS) has been improving the health of the men and women who have so proudly served our nation. VASNHS provides health care services to more than 45,000 patients yearly, exceeding 450,000 outpatient visits per year. The crown jewel of the system is the new VA Medical Center in North Las Vegas, a 90-bed inpatient facility with state-of-the-art medical and diagnostic services. Other services provided by VASNHS include a 20-bed inpatient psychiatric treatment ward at the VA Medical Center that opened on April 15, 2013.
North Vista Hospital is a 177-bed, state-of-the-art hospital located near Downtown North Las Vegas. North Vista offers comprehensive healthcare services, including emergency care, heart care, advanced surgical procedures, diagnostic imaging and help for a broad range of medical conditions.
Mesa View Regional Hospital serves Mesquite and the surrounding communities in northeastern Clark County. A 25-bed comprehensive facility, Mesa View Hospital is accredited by the Joint Commission.
A critical access hospital, Boulder City Hospital was founded during the construction of the Hoover Dam. Today, Boulder City Hospital provides compassionate, effective, and efficient hospital and out-patient services to Boulder City and the surrounding rural communities.
America’s largest health insurance company, United Health Group has a large presence in Southern Nevada, employing more than 3,680 Southern Nevadans in its Health Plan of Nevada, Southwest Medical Associates, Senior Dimensions, and Sierra Health and Life, and other business lines. United Health Group entered the market in 2008 after acquiring Sierra Health Services, and maintains a large corporate presence in the state.
For more than 25 years, Anthem Blue Cross Blue Shield has been serving Nevadans with an emphasis of improving the lives of the people and communities they serve. Currently insuring more than 250,000 lives, Anthem Blue Cross Blue Shield is one of the largest insurance providers in Nevada.
MEDICAL TOURISM & SPECIALTY HEALTH CARE SECTOR
Las Vegas is the among the world’s most recognizable tourism destinations. Its infrastructure of inbound flights, hotel rooms, award-winning restaurants, world-class shopping and nonstop entertainment positions the region well to become a leader in the emerging “Medical and Health Tourism” industry. Las Vegas’ leading medical and wellness destinations provide locals and visitors alike access to high quality medical and wellness care in a variety of specialties including oncology, neurology, cardiology, fertility, and bariatric surgery.
Comprehensive Cancer Centers of Nevada (CCCN) an award-winning multidisciplinary oncology group comprising medical oncology, hematology, radiation oncology and breast surgery, with 10 treatment centers and offices throughout Southern Nevada. CCCN is the state’s only cancer treatment facility to be affiliated with UCLA’s Jonsson Comprehensive Cancer Center, one of the field’s most respected authorities in cancer research and treatment, and The US Oncology Network, one of the nation’s largest networks of community-based oncology practices. CCCN conducts more than 170 Phase I, Phase II and Phase III clinical research trials each year, and has helped develop 48 FDA approved cancer therapies.
Las Vegas hosts the Cleveland Clinic’s Lou Ruvo Center for Brain Health, which is a medical center dedicated to the pursuit of more effective treatments for brain diseases and to the provision of state-of-the-art care for patients affected by these diseases and their families. The center is a part of Cleveland Clinic, which is ranked among the nation’s leading hospitals.
In 2011, Dignity Health St. Rose Hospitals entered into a partnership with Stanford Hospital and Clinics, one of the country’s most respected medical institutions. The joint venture combines the high levels of quality and community trust already established at St. Rose, with the world-renowned expertise of Stanford’s neurosurgery and cardiovascular surgery and attracts patients from all over the world.
Blossom Bariatrics has earned a reputation of providing high quality bariatric weight loss services at a fraction of the price of its competitors. Marketing itself in tandem with the destination of Las Vegas, Blossom Bariatrics is one of the foremost service providers in the medical tourism space regionally.
Founded by Dr. Geoffery Sher in Las Vegas, Sher Fertility is one of the largest networks of fertility services in the United States. Now with locations in nine states, Sher Fertility has helped couples have over 18,000 babies all over the world.
MEDICAL RESEARCH COMPANIES & LABORATORIES
Since 2003, Cord Blood America has been on the cutting edge of stem cell storage. In 2010, Cord Blood America opened its laboratory and corporate headquarters in Las Vegas, and has steadily grown since then. Cord Blood America now offers umbilical cord blood banking and cord tissue services to expectant parents throughout all 50 United States and Puerto Rico.
Based in Henderson, Spectrum Pharmaceuticals is a developer and marketer of oncology drugs for non-Hodgkins lymphoma, advanced metastatic colorectal cancer, and advanced lymphoblastic leukemia. The company is currently developing two other oncology drugs, which are in the clinical trial phase. The company trades under SPPI on the NASDAQ.
A privately owned company, Novum Pharmaceutical Research Services has been doing business in Las Vegas since 2004. The company conducts more than 250 early phase clinical trials each year across its three clinical facilities in Las Vegas, Houston, and Fargo, North Dakota.
PHARMACEUTICAL & PHARMACEUTICAL BENEFITS MANAGEMENT COMPANIES
Catamaran is one of the industry’s fastest growing pharmacy benefits management companies. In 2015, Catamaran selected Las Vegas as the site for its customer service and pharmaceutical fulfillment operations. Catamaran chose Southern Nevada for a number of reasons, including access to a large pool of skilled employees with knowledge of pharmacology and the region’s status as a transportation hub with overnight shipping easily available. In July 2015, Catamaran merged with OptumRX, a subsidiary of UnitedHealthcare.
Nevada was an attractive option for ProCare RX, a pharmaceutical benefits management company, due to its tax structure, business-friendly environment, and availability of a workforce that will enable it to expand and prosper. Located near McCarran International Airport and the Southern Nevada ground transportation hubs for FedEx and UPS, ProCare RX is the region’s most recent addition in the emerging pharmaceutical cluster.