Healthcare 2017-05-19T19:23:36+00:00

Healthcare

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 12.9 percent job growth in 2016, compared to 9.3 percent growth nationally. With a $3 billion annual GRP, the healthcare and wellness industry has a compelling economic impact within Morris County.

Industry2016 JobsCurrent Earnings2016 GRP
Healthcare and Social Assistance34,559$58,858$3,097,673,967

Notable Companies

  • Morristown MedicalPart of Atlantic Health System, Morristown Medical Center is a non-profit 687-licensed bed hospital in Morristown. Accredited by the Joint Commission, the hospital was recognized by U.S. News & World Report Best Hospitals 2014-15 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 SystemAtlantic Health System, headquartered in Morristown, New Jersey isone of the leading non-profit health care systems in the state. 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 JerseyDr. 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 and Figures

  • Jobs for the healthcare industry increased by 4,554 jobs (15.2%) from 2011-2016, outpacing the national growth rate of 13.8%.
  • The healthcare industry is projected to increase by 4,784 jobs (13.8%) from 2016-2021, outpacing the national growth rate of 13.0%.
  • 1,600+ businesses in 2016.

What a Few Morris County Businesses Have to Say

“Our location in Morris County affords us all the advantages of being in the New York Tri-State area, including ready access to world-class companies and talent. With tranquil surroundings, benign commutes and a supportive work environment, we have much to be thankful for.”

Dan Neugroschl, CEO, Chiral Photonics, Inc.

“Morris County, home of Holland Manufacturing Company for nearly 60 years, is a great location with access to very competitive truck/freight rates. Morris County is close to ports for export shipments and it provides good rail service”

Jack Holland, Founder, Holland Manufacturing Company
“As a core value for BASF, diversity is ingrained in our daily business objectives. Our Morris County location supports this focus with diversity of culture, environment, and access to a pipeline of talented individuals whose background and experiences contribute to our innovation.”
Robin Rotenberg, VP and Chief Communications Officer, BASF

“Morris County is a great place to live and work. Being able to recruit from a large base of highly educated and hard-working people makes Morris county a natural for our company headquarters. Not to mention easy access to 3 major airports and Manhattan.”

Doug Canfield, President, Canfield Scientific, Inc.

“Morristown Medical Center, part of Atlantic Health System, is proud to celebrate 125 years in Morris County. Morristown Medical Center, located a short walk from Morristown’s famed downtown, has been recognized as one of the best hospitals in the nation, regionally recognized as one of the top hospitals in the New York Metro area, and is a destination for East Coast residents in search of exceptional medical care and clinical services. Physicians and staff who previously worked at larger, city institutions have relocated to Morris County for a better quality of life without sacrificing their ability to work in a nationally-ranked medical center. In addition, Atlantic Health System is the second-largest employer of Morris County residents. We live and work here, and are committed to improving lives and empowering our communities through health, hope, and healing.”

Trish O'Keefe, President, Morristown Medical Center

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