Massachusetts Health & Hospital Association MEMBER MOMENTS: Massachusetts Hospitals Bring Home the NIH Bacon
Aside from the remarkable, internationally recognized healthcare they provide, and the $1 billion-plus in community benefits they offer to the state’s 351 cities and towns, Massachusetts hospitals also bring in billions each year in federal research funding.
In fact, Massachusetts hospitals received 53% of all National Institute of Health (NIH) funding to independent hospitals in 2023 – up from 51% in 2022. That’s according to a new report from the Massachusetts Biotechnology Council (MassBio).
Massachusetts General Hospital led the nation in receiving 1,079 awards, totaling $675 million. Brigham and Women’s Hospital was third in the U.S. with 676 awards totaling $403 million, and Boston Children’s Hospital was fourth with 439 awards totaling $239 million. (Vanderbilt University Medical Center placed second with $429 million in NIH funding).
Dana-Farber Cancer Institute was seventh ($163 million); Beth Israel Deaconess Medical Center was eighth ($126 million); McLean Hospital was thirteenth ($45 million); Mass Eye & Ear was seventeenth ($33 million); Tufts Medical Center placed twenty first at $28 million; and Boston Medical Center was twenty ninth in the U.S. with 58 awards totaling $25 million.
Hospitals’ collaborations with the entire biotech sector helps make the life sciences a crown jewel of the Massachusetts experience.Boston Business Journal covered the story here.