Temple has established itself as a leader in healthcare innovation for a number of reasons, including training opportunities, skilled workforce and the abundance of top-tier healthcare establishments in the region.
In fact, 30.2% of the city’s population is trained and working in the healthcare industry, emphasizing the versatility of Temple’s business professionals. Leading medical device, life sciences and biotech companies doing business in Texas benefit from the region’s advantages, like the access to a skilled talent pipeline right at their fingertips. The industry in Temple and the surrounding Killeen-Temple MSA is also a significant force in the regional economy – employing 25,900 workers and generating an estimated $102.6 million in local tax revenue for cities, counties, and school districts in the region in 2019.
Additionally, the Temple Medical and Educational District (TMED) is the basis for Temple’s health and life sciences industry. Established in 2009 to promote future development around existing industry assets, TMED is where some of the state’s greatest medical institutions are giving Central Texas direct access to exceptional healthcare.
World-Class Institutions
Temple’s state-of-the-art medical facilities are at the crux of the region’s healthcare innovation. Among the prominent companies that call Temple home are Baylor Scott & White Health, the largest not-for-profit healthcare system in the State of Texas; McLane Children’s Hospital, the only children’s hospital between Dallas and Austin; and the Department of Veterans Affairs Medical Center, the largest VA medical consortium in Texas, serving more than 250,000 veterans across 39 local counties each year. Such facilities have created a business environment that reflects the aptitude of Temple’s workforce.
Adding to Temple’s distinguished line of medical institutions is Everest Rehabilitation Hospitals, which prioritizes utilizing our talent pipeline to provide first-rate care. Headquartered in Dallas, the company opened a $23 million, 36-bed rehabilitation hospital in Temple—bringing 120 new jobs to the city.
“We are absolutely thrilled to be able to provide a state-of-the-art physical rehabilitation hospital and a remarkably trained staff for the benefit of Central Texans,” commented Everest CEO Jay Quintana.
In addition to the number of hospitals benefitting the workforce, the Temple Health and Bioscience District (THBD) cultivates local entrepreneurship by mentoring early-stage biotech companies and helping them reach success. The facility was created to grow such companies from concept to commercialization through funding, counseling, and providing access to labs and equipment. The district’s programs include E-learning series webinars, annual conferences, internships and more. Plus, tenants are introduced to an extensive network of collaborators and mentors to help further their professional endeavors.
Education & Workforce
In recent news, Houston-based Baylor College of Medicine has announced plans to open a new medical school campus in Temple in 2023 as part of a partnership with Baylor Scott & White Health. This inclusion of a new campus will not only attract more industry professionals to Temple’s existing talent pipeline but will also support the growth of companies formed out of this new research partnership.
“A skilled workforce is paramount to their success, so the addition of a new state-of-the-art medical school campus to our life sciences ecosystem could not be more welcome,” said Thomas Baird, Chairman of THBD.
Additionally, when exploring the successes of Temple’s health & life sciences industry, it’s vital to mention the medical education cluster formed by, Texas A&M University-Central Texas , University of Mary Hardin Baylor and Texas Bioscience Institute at Temple College, which offers students the opportunity to earn up to 60 college credit hours in STEM curriculum. This array of colleges of sciences and technology are educating and expanding the future of our health & life sciences workforce, creating a strong talent pipeline of highly educated skilled workers.
Get in touch to learn more about Temple’s position as a hotbed for health and life sciences or visit our Key Industry page for more information.