Banner Health's Economic Impact in Arizona Highlighted in Annual Report
Banner Health, Arizona's largest private employer, has released its 2025 annual report, emphasizing its significant role in both healthcare and the state's economy. The Phoenix-based nonprofit health system reported a $1.1 billion investment back into the communities it serves, supporting patient care, workforce development, research, and prevention efforts. Banner Health's operations are estimated to generate a $12 billion annual economic impact across Arizona. The report highlights Banner's support for 140,000 jobs statewide, including 60,000 direct employees and 80,000 indirect jobs. Banner Health's nonprofit model focuses on reinvestment in patient care, technology, workforce development, and community services, contributing to Arizona's economic growth and public health.