Nashville is colloquially known as Music City, but it might just as easily be referred to as Health Care City.
The health care industry contributes more than 250,000 jobs to the local economy, with an overall economic impact of $39 billion, according to the Nashville Health Care Council. More than 400 health care companies have operations in Nashville, including 18 that are publicly traded.
The sector continues to grow and expand. For example, PathGroup, one of the largest providers of pathology and clinical lab services in the U.S., plans to invest upwards of $18 million in a consolidated lab and corporate back office in Nashville, which will create more than 200 jobs. PathGroup’s expansion is part of the reason that the health care industry is Nashville’s largest and fastest growing employer.
At the same time, the region is also establishing itself as a leader in health care information technology (HIT), with innovative companies such as Medhost, eMids Technologies and HealthStream with deep roots in the region.
“Nashville has the potential to lead the nation as a health care IT hub because of the deep health care expertise and resources found within this community,” says Hayley Hovious, president of the Nashville Health Care Council. “As headquarters to some of the largest and most powerful health care companies in the country, Nashville is poised to take on the challenges of the industry with the unique creative, collaborative spirit that this community is known for.”