Reshaping the Healthcare Industry
With 34,500 healthcare and wellness workers at 1,600 companies across the region, the industry is one of the fastest growing clusters in Morris County, recording 3.2 percent job growth in 2020, compared to 3.5 percent growth nationally. With a $3.8 billion annual GRP, the healthcare and wellness industry has a compelling economic impact within Morris County.
Industry
Healthcare and Social Assistance
2022 Jobs
35,765
Current Earnings (Adjusted)
$64,679
2020 GRP
$3,828,750,997
COUNTY OVERVIEW
Notable
Companies
Morristown Medical
Part of Atlantic Health System, Morristown Medical Center is a non-profit 687-licensed-bed hospital accredited by the Joint Commission. It is a perennial favorite in U.S. News & World Report’s Best Hospitals rankings. Morristown Medical is recognized as a top hospital nationwide for Cardiology and Heart Surgery, Geriatrics, Gynecology, Orthopedics and Pulmonology. U.S. News also recognizes hospitals that represent valuable regional sources of quality care. Morristown Medical Center ranked high-performing regionally in Cancer, Diabetes & Endocrinology, Gastroenterology & GI surgery, Nephrology, Neurology & Neurosurgery and Urology.
Atlantic Health System
Atlantic Health System, headquartered in Morristown, New Jersey is a leading non-profit health care system. Atlantic Health System includes Morristown Medical Center in Morristown, NJ; Overlook Medical Center in Summit, NJ; Newton Medical Center in Newton, NJ; Chilton Medical Center in Pompton Plains, NJ; Hackettstown Medical Center in Hackettstown, NJ; and Goryeb Children’s Hospital in Morristown, NJ, as well as Atlantic Rehabilitation, and Atlantic Home Care and Hospice.
Ascensia Diabetes Care
Established in 2016 through the acquisition of Bayer Diabetes Care by Panasonic Healthcare Holdings, Ascensia Diabetes Care is a global company dedicated to improving the health and lives of people with diabetes. Already including the world-renowned CONTOUR™ range of blood glucose monitoring systems, they are committed to creating more innovative and life-changing products.
Medical & Wellness Center of New Jersey
Dr. Larry Goldfarb is the founder and driving force behind the Medical and Wellness Center of NJ, a premier state-of-the-art rehabilitation center that specializes in the treatment of sports therapy, chronic pain resolution and nutrition. Having more than 37 years of industry experience, Dr. Goldfarb is seen among his peers as the leader for his innovative and steadfast approach to the treatment of musculoskeletal injuries and incorporating natural medicine into his treatment process.
Facts & Figures
Scroll through to learn more about Healthcare businesses in Morris County.
Jobs for the healthcare industry increased by 1,112 jobs (3.2%) from 2016-2020, keeping up with the national growth rate of 3.5%.
The healthcare industry is projected to increase by 3,357 jobs (9.4%) from 2020-2025, just under the national growth rate of 10.0%.
1,500+ businesses in 2021.
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