Healthcare & Wellness

A healthy bottomline starts with healthy workers

With 214,430 healthcare and wellness workers at 19,760 companies across the region, the industry is one of the fastest growing clusters in Metro Denver, recording 5.4 percent job growth in 2016, compared to 3.1 percent growth nationally. With a $11.4 billion annual payroll, the healthcare and wellness industry has a compelling economic impact within Metro Denver.

Metro Denver Healthcare & Wellness Employment Snapshot U.S. data in ( )
Direct Employment 214,430
Companies 19,760
Five-Year Employment Growth (2011-2016) 22.8% (11.1%)
One-Year Employment Growth (2016) 5.4% (3.1%)
Direct Employment Concentration (2016) 9.6% (10.4%)
Average Wage $56,040
Employment Concentration Ranking (Among 50 largest metros) 30

The region is a top healthcare and wellness location, offering:

  1. A robust culture of health and wellness

    Colorado is the leanest state with the nation’s lowest rate of adult obesity (20.2 percent), and the only state with an obesity rate below 21 percent. Further, Colorado has the highest participation in physical activities. Metro Denver ranked as the third-fittest metro area in the nation in 2016. Increased physical activity, low obesity and diabetes rates, and access to recreational opportunities contributed to its high rank. (Trust for America’s Health, 2016; Robert Wood Johnson Foundation, 2016; The Henry J. Kaiser Family Foundation, 2016; American College of Sports Medicine, 2016)

  2. The ability to recruit and retain a healthy, skilled, and productive workforce

    More than 39 percent of Colorado’s adult population has completed a bachelor’s or higher-level degree, making Colorado the second-most highly educated state in the nation behind Massachusetts. Moreover, healthy employees are more productive, have less absenteeism, and cost an average of $4,000 less each year in healthcare costs than unhealthy employees. (U.S. Census Bureau, 2015 American Community Survey; Gallup-Healthways Well-Being Index, 2016; University of Michigan Health Management Research Center, 2016)

  3. The convergence of health-related education, research, and application
    The University of Colorado School of Medicine ranked 11th nationally for primary care, with the specialties of pediatrics (fourth), family medicine (fifth), and rural medicine (sixth) also ranking high. The School of Medicine ranked 35th for research. (U.S. News & World Report, 2016)

  4. A regional healthcare hub, with expanding medical and wellness tourism opportunities
    HealthGrades awarded several honors to hospitals in the nine-county region in 2016. Ten earned the 2016 Distinguished Hospital Award for Clinical Excellence, four were named among “America’s 100 Best Hospitals,” and six received awards for Outstanding Patient Experience. (HealthGrades, Inc., 2016)

    Five Metro Denver hospitals were ranked among the 2016-2017 “Best Hospitals.” UCH was named as the top facility in Metro Denver and the 20th-best hospital in the nation. (U.S. News & World Report, 2016)

    Metro Denver is home to seven hospitals that have achieved Magnet® designation, the highest credential for nursing excellence. (American Nurses Credentialing Center, 2016)

It is this convergence of culture and commitment that has brought expansive growth to the healthcare and wellness cluster in Metro Denver. The center of much of this expansive growth is the Fitzsimons Innovation Campus and the adjacent Anschutz Medical Campus in Aurora.

The 578-acre Fitzsimons campus will be the largest medical-related redevelopment in the nation along with the world’s only complete new research, education, and patient care complex. With two world-class research hospitals—the University of Colorado Hospital and Children's Hospital Colorado—the campus will total 18 million square feet and employ more than 44,000 people at full build out.

The Anschutz Medical Campus is the largest academic health center from Chicago to the West Coast and has a $5.4 billion annual economic impact to the state.