Target Industries
Health Care
Nashville is widely recognized as a national health care industry capital and global health care industry leader. With a reputation for dynamic, innovative health care companies, the Nashville region has a rich tradition of entrepreneurship and strong industry management talent. Nashville has helped shape the nation’s health care landscape for the past four decades and continues to improve the delivery of patient care across the globe. The health care industry contributes an overall benefit of nearly $67 billion and more than 360,000 jobs. The Chamber’s 2020-2021 study shows $66.8B and 328,000 jobs are added to the local economy annually.
More than 900 health care companies are located in Middle Tennessee, making it the region’s largest and fastest-growing industry. Eighteen publicly traded health care companies are headquartered in the region, with combined worldwide employment of nearly 500,000 and $95 billion in global revenue. More than half of the privately-owned hospital beds in the U.S. are operated by Nashville-area companies. The region has also developed a network of professional service firms specializing in the health care industry – including legal, accounting, finance, and real estate services.
“Our move to Nashville in 2021 has helped shape the culture and energy of our company. Supporting the foundation of biotech and pharmaceutical industry growth in Middle Tennessee is exciting and important to Currax. This area of the country is unparalleled in its beauty and hospitality and is an ideal place to build a company and raise a family.”
George Hampton
Chief Executive Officer, Currax Pharmaceuticals
Nashville's Health Care Industry
- More than $1.6 billion in venture capital was invested in Nashville health care companies over the past 10 years.
- Ninety-five percent of Nashville Health Care Council CEOs indicate a Nashville headquarters location is important to their company’s success.
- Nashville’s is home to nearly 400 professional service firms that provide expertise in the health care industry.
- More than half of beds in for-profit hospitals are managed out of the Nashville region.
- Nashville’s health care industry contributes an overall benefit of nearly $67 billion and 362,560 direct and indirect industry jobs to the local economy annually.
- The health care industry is Nashville’s largest employer, contributing to 167,916 direct jobs annually.
- There are 18 publicly traded health care companies in the Nashville region.
Health Care Industry Workforce
Leading Health Care Employers
Employees
Source: Nashville Health Care Council 2020-2021 Annual Report and Book of Lists 2021
