A Middle Tennessee State University study released (today/yesterday) shows the healthcare industry provides one-in-five jobs and nearly 20-percent of the tax revenue in Nashville and the surrounding counties.
Nashville is considered an industry hub with nearly half of investor-owned hospitals in the United States owned or operated by companies headquartered in town.
The study compared Nashville with peer cities including Atlanta, Denver and Dallas. While Nashville has 33 health care headquarters and Dallas has 39, Nashville produces more than twice the total revenue.
Nashville Health Care Council chairman Harry Jacobson says he wants the findings to bring a broader range of health care companies to the area.
“If you look at the healthcare industry sector makeup in Nashville, it’s dominantly the service companies, but you know the industry has technology companies, medical device companies, biotech companies, pharmaceutical companies, and the goal is to try to attract some of the other segments of the industry here too.”
Over the past 10 years, health care has been the fastest growing industry sector in Middle Tennessee. The MTSU study predicts that by 2012, Nashville’s health care sector will grow by nearly 30-percent. Nationally, one in every seven new jobs nation-wide will be in health care.
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