Banner Health report underscores major economic impact across Arizona

(Disclosure: Rose Law Group Founder and President Jordan Rose is a Banner Health Foundation board member.)

By Chamber Business News

As Arizona’s largest private employer, Banner Health is highlighting its outsized role not only in health care, but in the state’s broader economy.

In its newly released 2025 annual report, the Phoenix-based nonprofit health system said it invested $1.1 billion back into the communities it serves, supporting patient care, workforce development, research, and prevention efforts. The report also estimates Banner’s operations generate a $12 billion annual economic impact across Arizona.

The figures reinforce Banner’s standing as one of Arizona’s most consequential institutions for both public health and economic growth.

According to the report, Banner supports 140,000 jobs statewide, including 60,000 direct employees and another 80,000 indirect jobs tied to its operations and related economic activity.

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