HEALTH C AR E The Charlotte region is a growing health care hub, home to national and international leaders in the health care field. The region is home to two nationally ranked hospital systems as well as a variety of specialty provider practices. Recently, medical equipment manufacturing has emerged as a growth industry. Research Made Possible By:
• More than 137,000 health care sector jobs in Charlotte* • Nearly 5,000 certificates & degrees awarded annually at regional higher education institutions** • Above-average growth in medical equipment manufacturing
W W W.C H A R LOT T EC H A M B E R .CO M
*Source: JobsEQ **Source: IPEDS via JobsEQ
HEALTH C A R E A broad range of companies make up the health care sector in the Charlotte region. From primary care facilities and comprehensive hospitals, to health care research and technology, to a growing medical equipment and pharmaceutical industry, health care is crucial to the region’s economy. Health care accounts for 1 in 10 jobs in the Charlotte region. That’s more than 137,000 diverse workers of different skill sets and education levels. From home health care workers to hospital support professionals to physicians and life sciences researchers, much of the area’s health care talent is recruited from the more than 23 nearby colleges and universities and 18 community colleges and technical institutes in the region. Each year, nearly 5,000 students in the area earn health care-related degrees from phlebotomy certifications to Ph.D.s in bioinformatics.
THE HEALTH CARE SECTOR HAS A
$ 13.4 B I L L I O N T O TA L I M PAC T O N T H E
CHARLOTTE REGION’S ECONOMY.
Source: JobsEQ, Chmura Economics
With the flagship institutions of two nationally ranked hospital systems in Atrium Health (formerly Carolinas HealthCare System) and Novant Health, a growing health care technology and medical equipment supplies manufacturing industry and a world-class research institution in the North Carolina Research Campus, Charlotte’s health care industry is poised to continue growing.
TOP 10 HEALTH CARE EMPLOYERS T O P 1 0 H E A LT H C A R E S U B - I N D U S T R I E S COMPANY
Atrium (formerly Carolinas HealthCare System)
Caromont Health Inc.
Iredell Health System
Piedmont Medical Center
White Oak Manor
Springs Memorial Hospital
Brookdale Senior Living
Sources: Charlotte Chamber, Businesswise
PROJECTED ANNUAL GROWTH RATE
AVG. ANNUAL WAGES
General Medical Hospitals
Offices of Physicians
Home Health Care Services
Nursing Care Facilities
Retirement & Assisted Living Facilities
Offices of Dentists
General Health Practitioners
Outpatient Care Centers
Disability, Mental Health & Substance Abuse Facilities
Ambulatory Health Care Services
AN ADDIT IONAL 96,041 JOBS ARE INDIRECTLY SUP P ORT E D BY EXPENDITURE S OF HE ALTH CARE COM PANIE S & WORK E RS. Source: JobsEQ, Chmura Economics
234,016 J O B S :
T O TA L E M P L O Y M E N T I M PA C T O F H E A LT H C A R E S E C T O R Source: JobsEQ, Chmura Economics
ADVANTAG E S O F D OI N G BU SI N ESS I N C H ARLOTTE ACC E S S
A F FORDABILITY
QUALITY OF L I FE
A central location on the U.S. East
Charlotte’s health care centers
Comprehensive tax reform has
Charlotte consistently ranks
and agencies rely on a talented,
brought North Carolina one of
high as a destination city for
young and growing workforce.
the lowest flat corporate tax
all ages. More than 37,000
The region’s 23 colleges and
rates in the nation at 3 percent.
newcomers arrive in the
Coast and the seventh busiest global airport put the world within Charlotte’s reach. 53 percent of the U.S. population lives within 12-hours trucking distance or a two-hour flight, and with more than 700 daily nonstop flights to
universities, plus 18 community
Charlotte area each year,
colleges and vocational schools
drawn by career opportunities,
offer training for all types of skills
diverse living options and a cost
and occupations in health care.
of living 96.2 percent of the national average.
150-plus destinations, nowhere is too far away.
L A R G E S T 2 0 H E A LT H C A R E O C C U P AT I O N S ANNUAL GROWTH RATE BY 2027
CURRENT ONLINE JOB ADS
Home Health Aides
Licensed Practical and Licensed Vocational Nurses
L I F E S C I E N CE -
Physicians and Surgeons, All Other
R E L ATE D
C E RTI F I CAT E S &
Emergency Medical Technicians and Paramedics
Medical Records and Health Information Technicians
Family and General Practitioners
Medical and Clinical Laboratory Technicians
Medical and Clinical Laboratory Technologists
Source: JobsEQ, Q4 2017
NE AR LY
HE ALTH CA R E O R
I NC LU D IN G
1,800 4 -Y E A R D EGR E ES & 493 P OS TGR A D UAT E D EGR E ES. Source: IPEDS and institutions
RECEN C ATI ON S AN D EXPAN SI ONS REC E N T R E LO LOC Announced a $170 million expansion of Levine Cancer Institute, including a new outpatient care center and renovation of patient rooms.
Ensemble Health Partners, a health care revenue consulting company, announced the addition of 120 jobs and the expansion of its Huntersville office in June 2016.
Announced a $45.6 million expansion of Huntersville facility, including 44 new beds, additional operating room and intensive care unit to be complete early 2019.
M E D I C A L E Q U I P M E N T M A N U FA C T U R I N G G R O W T H Capitalizing on an educated workforce, two major national hospital groups and proximity to research and development institutions such as the North Carolina Research Campus, the Charlotte regionâ€™s medical equipment manufacturing industry has rapidly expanded. Jobs in the Surgical Appliance and Supplies Manufacturing industry grew by more than 9 percent per year between 2011 and 2016. During the same period nationally, the industry grew by less than 1 percent. Dental equipment manufacturer Pelton & Crane, employs 400 workers at its Southwest Charlotte production facility.
In early 2017, France-based Selenium Medical, which manufactures sterile packaging for the medical devices industry, announced plans to open a manufacturing facility in Mecklenburg County.
In 2017, Chinese-based pharmaceuticals manufacturer Prinston announced 127 new jobs and a $3 million investment into a new Charlotte facility.
Research Made Possible By: W W W.C H A R LOT T EC H A M B E R .CO M