Size of the US Hospitals industry
NAICS 622, Hospitals. Every figure on this page was published by a federal statistical agency and carries its source and period. Palanor does not estimate: a period the agency didn’t publish shows as missing, and a figure it withheld shows as withheld.
Key figures
- Receipts (sales, shipments or revenue)
- $1.36 trillion
- 2022 · Economic Census
All establishments, current dollars - Revenue, not seasonally adjusted
- $509 billion
- 2026-Q2 · Quarterly Services Survey
Employer firms, current dollars - Employment
- 5,634,654
- 2026-Q1 · Quarterly Census of Employment and Wages
Private-sector jobs in the third month of each quarter
Over time
How it has changed
Show the numbers
| Period | Value |
|---|---|
| 2026-Q2 | $505 billion |
| 2026-Q1 | $482 billion |
| 2025-Q4 | $480 billion |
| 2025-Q3 | $475 billion |
| 2025-Q2 | $459 billion |
| 2025-Q1 | $447 billion |
| 2024-Q4 | $432 billion |
| 2024-Q3 | $433 billion |
| 2024-Q2 | $416 billion |
| 2024-Q1 | $414 billion |
| 2023-Q4 | $403 billion |
| 2023-Q3 | $383 billion |
| 2023-Q2 | $380 billion |
| 2023-Q1 | $371 billion |
| 2022-Q4 | $366 billion |
| 2022-Q3 | $347 billion |
| 2022-Q2 | $325 billion |
| 2022-Q1 | $332 billion |
| 2021-Q4 | $340 billion |
| 2021-Q3 | $338 billion |
| 2021-Q2 | $330 billion |
| 2021-Q1 | $318 billion |
| 2020-Q4 | $321 billion |
| 2020-Q3 | $310 billion |
| 2020-Q2 | $285 billion |
| 2020-Q1 | $292 billion |
| 2019-Q4 | $305 billion |
| 2019-Q3 | $299 billion |
| 2019-Q2 | $298 billion |
| 2019-Q1 | $294 billion |
| 2018-Q4 | $281 billion |
| 2018-Q3 | $284 billion |
| 2018-Q2 | $278 billion |
| 2018-Q1 | $273 billion |
| 2017-Q4 | $272 billion |
| 2017-Q3 | $270 billion |
| 2017-Q2 | $264 billion |
| 2017-Q1 | $265 billion |
| 2016-Q4 | $263 billion |
| 2016-Q3 | $258 billion |
| 2016-Q2 | $258 billion |
| 2016-Q1 | $252 billion |
| 2015-Q4 | $246 billion |
| 2015-Q3 | $246 billion |
| 2015-Q2 | $246 billion |
| 2015-Q1 | $246 billion |
| 2014-Q4 | $241 billion |
| 2014-Q3 | $236 billion |
| 2014-Q2 | $231 billion |
| 2014-Q1 | $226 billion |
| 2013-Q4 | $229 billion |
| 2013-Q3 | $225 billion |
| 2013-Q2 | $223 billion |
| 2013-Q1 | $222 billion |
| 2012-Q4 | $220 billion |
| 2012-Q3 | $221 billion |
| 2012-Q2 | $217 billion |
| 2012-Q1 | $218 billion |
| 2011-Q4 | $213 billion |
| 2011-Q3 | $208 billion |
| 2011-Q2 | $209 billion |
| 2011-Q1 | $207 billion |
| 2010-Q4 | $205 billion |
| 2010-Q3 | $204 billion |
| 2010-Q2 | $199 billion |
| 2010-Q1 | $195 billion |
| 2009-Q4 | $196 billion |
| 2009-Q3 | $196 billion |
| 2009-Q2 | $193 billion |
| 2009-Q1 | $189 billion |
| 2008-Q4 | $184 billion |
| 2008-Q3 | $183 billion |
| 2008-Q2 | $182 billion |
| 2008-Q1 | $183 billion |
| 2007-Q4 | $179 billion |
| 2007-Q3 | $177 billion |
| 2007-Q2 | $174 billion |
| 2007-Q1 | $172 billion |
| 2006-Q4 | $169 billion |
| 2006-Q3 | $166 billion |
| 2006-Q2 | $163 billion |
| 2006-Q1 | $160 billion |
| 2005-Q4 | $158 billion |
| 2005-Q3 | $157 billion |
| 2005-Q2 | $153 billion |
| 2005-Q1 | $152 billion |
| 2004-Q4 | $151 billion |
Source: U.S. Census Bureau, Quarterly Services Survey · Employer firms, current dollars · Agency label: Hospitals
Show the numbers
| Period | Value |
|---|---|
| 2026-Q1 | $771 billion |
| 2025-Q4 | $760 billion |
| 2025-Q3 | $746 billion |
| 2025-Q2 | $736 billion |
| 2025-Q1 | $723 billion |
| 2024-Q4 | $710 billion |
| 2024-Q3 | $697 billion |
| 2024-Q2 | $686 billion |
| 2024-Q1 | $673 billion |
| 2023-Q4 | $661 billion |
| 2023-Q3 | $649 billion |
| 2023-Q2 | $638 billion |
| 2023-Q1 | $624 billion |
| 2022-Q4 | $612 billion |
| 2022-Q3 | $604 billion |
| 2022-Q2 | $587 billion |
| 2022-Q1 | $581 billion |
| 2021-Q4 | $579 billion |
| 2021-Q3 | $571 billion |
| 2021-Q2 | $557 billion |
| 2021-Q1 | $559 billion |
| 2020-Q4 | $561 billion |
| 2020-Q3 | $556 billion |
| 2020-Q2 | $502 billion |
| 2020-Q1 | $534 billion |
| 2019-Q4 | $536 billion |
| 2019-Q3 | $528 billion |
| 2019-Q2 | $521 billion |
| 2019-Q1 | $515 billion |
| 2018-Q4 | $511 billion |
| 2018-Q3 | $506 billion |
| 2018-Q2 | $504 billion |
| 2018-Q1 | $500 billion |
| 2017-Q4 | $493 billion |
| 2017-Q3 | $487 billion |
| 2017-Q2 | $484 billion |
| 2017-Q1 | $480 billion |
| 2016-Q4 | $476 billion |
| 2016-Q3 | $469 billion |
| 2016-Q2 | $466 billion |
| 2016-Q1 | $462 billion |
| 2015-Q4 | $458 billion |
| 2015-Q3 | $452 billion |
| 2015-Q2 | $446 billion |
| 2015-Q1 | $440 billion |
| 2014-Q4 | $430 billion |
| 2014-Q3 | $423 billion |
| 2014-Q2 | $415 billion |
| 2014-Q1 | $411 billion |
| 2013-Q4 | $409 billion |
| 2013-Q3 | $409 billion |
| 2013-Q2 | $407 billion |
| 2013-Q1 | $407 billion |
| 2012-Q4 | $403 billion |
| 2012-Q3 | $402 billion |
| 2012-Q2 | $397 billion |
| 2012-Q1 | $392 billion |
| 2011-Q4 | $387 billion |
| 2011-Q3 | $383 billion |
| 2011-Q2 | $382 billion |
| 2011-Q1 | $377 billion |
| 2010-Q4 | $374 billion |
| 2010-Q3 | $374 billion |
| 2010-Q2 | $369 billion |
| 2010-Q1 | $363 billion |
| 2009-Q4 | $376 billion |
| 2009-Q3 | $367 billion |
| 2009-Q2 | $366 billion |
| 2009-Q1 | $360 billion |
| 2008-Q4 | $353 billion |
| 2008-Q3 | $342 billion |
| 2008-Q2 | $336 billion |
| 2008-Q1 | $329 billion |
| 2007-Q4 | $319 billion |
| 2007-Q3 | $313 billion |
| 2007-Q2 | $307 billion |
| 2007-Q1 | $303 billion |
| 2006-Q4 | $301 billion |
| 2006-Q3 | $296 billion |
| 2006-Q2 | $293 billion |
| 2006-Q1 | $288 billion |
| 2005-Q4 | $280 billion |
| 2005-Q3 | $276 billion |
| 2005-Q2 | $272 billion |
| 2005-Q1 | $271 billion |
Source: U.S. Bureau of Economic Analysis, GDP by Industry · Current dollars · Agency label: Hospitals
NAICS 2022 from 2022-Q1
Show the numbers
| Period | Value | NAICS |
|---|---|---|
| 2026-Q1 | 5,634,654 | 2022 |
| 2025-Q4 | 5,636,375 | 2022 |
| 2025-Q3 | 5,593,099 | 2022 |
| 2025-Q2 | 5,576,659 | 2022 |
| 2025-Q1 | 5,538,477 | 2022 |
| 2024-Q4 | 5,545,460 | 2022 |
| 2024-Q3 | 5,494,272 | 2022 |
| 2024-Q2 | 5,452,734 | 2022 |
| 2024-Q1 | 5,413,338 | 2022 |
| 2023-Q4 | 5,386,174 | 2022 |
| 2023-Q3 | 5,330,735 | 2022 |
| 2023-Q2 | 5,259,600 | 2022 |
| 2023-Q1 | 5,193,377 | 2022 |
| 2022-Q4 | 5,165,200 | 2022 |
| 2022-Q3 | 5,127,093 | 2022 |
| 2022-Q2 | 5,059,055 | 2022 |
| 2022-Q1 | 5,034,864 | 2022 |
| 2021-Q4 | 5,051,955 | 2017 |
| 2021-Q3 | 5,036,203 | 2017 |
| 2021-Q2 | 5,060,823 | 2017 |
| 2021-Q1 | 5,061,937 | 2017 |
| 2020-Q4 | 5,090,513 | 2017 |
| 2020-Q3 | 5,010,557 | 2017 |
| 2020-Q2 | 4,981,539 | 2017 |
| 2020-Q1 | 5,158,385 | 2017 |
| 2019-Q4 | 5,178,690 | 2017 |
| 2019-Q3 | 5,139,711 | 2017 |
| 2019-Q2 | 5,125,406 | 2017 |
| 2019-Q1 | 5,108,933 | 2017 |
Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages · Private-sector jobs in the third month of each quarter
Show the numbers
| Period | Value |
|---|---|
| 2023 | 6,344,178 |
| 2022 | 6,152,489 |
| 2021 | 6,085,569 |
| 2020 | 6,184,265 |
| 2019 | 6,078,477 |
| 2018 | 6,055,138 |
| 2017 | 6,001,339 |
Source: U.S. Census Bureau, County Business Patterns · Paid employees in the pay period including March 12
NAICS 2022 from 2022-Q1
Show the numbers
| Period | Value | NAICS |
|---|---|---|
| 2026-Q1 | 17,997 | 2022 |
| 2025-Q4 | 17,946 | 2022 |
| 2025-Q3 | 17,192 | 2022 |
| 2025-Q2 | 16,712 | 2022 |
| 2025-Q1 | 16,540 | 2022 |
| 2024-Q4 | 16,273 | 2022 |
| 2024-Q3 | 15,986 | 2022 |
| 2024-Q2 | 15,620 | 2022 |
| 2024-Q1 | 15,300 | 2022 |
| 2023-Q4 | 15,201 | 2022 |
| 2023-Q3 | 14,830 | 2022 |
| 2023-Q2 | 14,510 | 2022 |
| 2023-Q1 | 14,265 | 2022 |
| 2022-Q4 | 13,862 | 2022 |
| 2022-Q3 | 13,558 | 2022 |
| 2022-Q2 | 13,148 | 2022 |
| 2022-Q1 | 12,942 | 2022 |
| 2021-Q4 | 12,559 | 2017 |
| 2021-Q3 | 12,354 | 2017 |
| 2021-Q2 | 12,067 | 2017 |
| 2021-Q1 | 11,860 | 2017 |
| 2020-Q4 | 11,773 | 2017 |
| 2020-Q3 | 11,595 | 2017 |
| 2020-Q2 | 11,181 | 2017 |
| 2020-Q1 | 11,005 | 2017 |
| 2019-Q4 | 11,229 | 2017 |
| 2019-Q3 | 11,037 | 2017 |
| 2019-Q2 | 10,737 | 2017 |
| 2019-Q1 | 10,614 | 2017 |
Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages · Private ownership
Show the numbers
| Period | Value |
|---|---|
| 2023 | 7,523 |
| 2022 | 7,713 |
| 2021 | 7,465 |
| 2020 | 7,121 |
| 2019 | 6,933 |
| 2018 | 6,906 |
| 2017 | 7,020 |
Source: U.S. Census Bureau, County Business Patterns
NAICS 2022 from 2022-Q1
Show the numbers
| Period | Value | NAICS |
|---|---|---|
| 2026-Q1 | $124 billion | 2022 |
| 2025-Q4 | $124 billion | 2022 |
| 2025-Q3 | $120 billion | 2022 |
| 2025-Q2 | $116 billion | 2022 |
| 2025-Q1 | $119 billion | 2022 |
| 2024-Q4 | $117 billion | 2022 |
| 2024-Q3 | $114 billion | 2022 |
| 2024-Q2 | $110 billion | 2022 |
| 2024-Q1 | $112 billion | 2022 |
| 2023-Q4 | $109 billion | 2022 |
| 2023-Q3 | $107 billion | 2022 |
| 2023-Q2 | $102 billion | 2022 |
| 2023-Q1 | $104 billion | 2022 |
| 2022-Q4 | $102 billion | 2022 |
| 2022-Q3 | $104 billion | 2022 |
| 2022-Q2 | $96.3 billion | 2022 |
| 2022-Q1 | $93.2 billion | 2022 |
| 2021-Q4 | $102 billion | 2017 |
| 2021-Q3 | $92.9 billion | 2017 |
| 2021-Q2 | $89.4 billion | 2017 |
| 2021-Q1 | $84.2 billion | 2017 |
| 2020-Q4 | $95.4 billion | 2017 |
| 2020-Q3 | $84.1 billion | 2017 |
| 2020-Q2 | $83.3 billion | 2017 |
| 2020-Q1 | $86.4 billion | 2017 |
| 2019-Q4 | $88.0 billion | 2017 |
| 2019-Q3 | $84.2 billion | 2017 |
| 2019-Q2 | $83.9 billion | 2017 |
| 2019-Q1 | $82.8 billion | 2017 |
Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages · Private ownership
Show the numbers
| Period | Value |
|---|---|
| 2023 | $512 billion |
| 2022 | $469 billion |
| 2021 | $436 billion |
| 2020 | $417 billion |
| 2019 | $407 billion |
| 2018 | $394 billion |
| 2017 | $377 billion |
Source: U.S. Census Bureau, County Business Patterns
The ledger
Every published measure
| Measure | Source | Latest | Period | History |
|---|---|---|---|---|
| Value added (GDP by industry)Current dollars | GDP by Industry | $741 billion | 2025 | 1997–2025 · 29 published |
| Value added, seasonally adjusted annual rateCurrent dollars | GDP by Industry | $771 billion | 2026-Q1 | 2005-Q1–2026-Q1 · 85 published |
| EmploymentPrivate-sector jobs in the third month of each quarter | Quarterly Census of Employment and Wages | 5,634,654 | 2026-Q1 | 2019-Q1–2026-Q1 · 29 published |
| EstablishmentsPrivate ownership | Quarterly Census of Employment and Wages | 17,997 | 2026-Q1 | 2019-Q1–2026-Q1 · 29 published |
| Total wages in the quarterPrivate ownership | Quarterly Census of Employment and Wages | $124 billion | 2026-Q1 | 2019-Q1–2026-Q1 · 29 published |
| Annual payroll | County Business Patterns | $512 billion | 2023 | 2017–2023 · 7 published |
| EmploymentPaid employees in the pay period including March 12 | County Business Patterns | 6,344,178 | 2023 | 2017–2023 · 7 published |
| Establishments | County Business Patterns | 7,523 | 2023 | 2017–2023 · 7 published |
| Annual payroll | Economic Census | $477 billion | 2022 | 2017–2022 · 2 published |
| EmploymentPaid employees in the pay period including March 12 | Economic Census | 6,335,841 | 2022 | 2017–2022 · 2 published |
| Establishments | Economic Census | 6,633 | 2022 | 2017–2022 · 2 published |
| Firms | Economic Census | 2,787 | 2022 | 2017–2022 · 2 published |
| Receipts (sales, shipments or revenue)All establishments, current dollars | Economic Census | $1.36 trillion | 2022 | 2017–2022 · 2 published |
| Revenue, not seasonally adjustedEmployer firms, current dollars | Quarterly Services Survey | $509 billion | 2026-Q2 | 2004-Q4–2026-Q2 · 87 published |
| Revenue, seasonally adjustedEmployer firms, current dollars | Quarterly Services Survey | $505 billion | 2026-Q2 | 2004-Q4–2026-Q2 · 87 published |
Breakdown
Industries within Hospitals
| NAICS | Industry | Size | Employment |
|---|---|---|---|
| 6221 | General Medical and Surgical Hospitals | $1.27 trillionReceipts · 2022 · Economic Census | 5,216,2112026-Q1 · QCEW |
| 6222 | Psychiatric and Substance Abuse Hospitals | $29.1 billionReceipts · 2022 · Economic Census | 135,4732026-Q1 · QCEW |
| 6223 | Specialty (except Psychiatric and Substance Abuse) Hospitals | $58.4 billionReceipts · 2022 · Economic Census | 282,9702026-Q1 · QCEW |
Companies
Public companies in this industry
Companies Palanor tracks whose GICS classification maps to NAICS 622. The mapping is Palanor’s, one GICS sub-industry to one NAICS code; a company’s own mix of business can span several.
- EHC Encompass Health
- HCA HCA Healthcare
- THC Tenet Healthcare
- UHS Universal Health Services
Sources
Where every number comes from
- GDP by Industry, U.S. Bureau of Economic Analysis. Quarterly and annual. Public domain (U.S. Government work). Terms.
- Quarterly Census of Employment and Wages, U.S. Bureau of Labor Statistics. Quarterly. Public domain (U.S. Government work). Terms.
- County Business Patterns, U.S. Census Bureau. Annual. Public domain (U.S. Government work). Terms.
- Economic Census, U.S. Census Bureau. Every five years (2017, 2022). Public domain (U.S. Government work). Terms.
- Quarterly Services Survey, U.S. Census Bureau. Quarterly. Public domain (U.S. Government work). Terms.
Figures are in current dollars and are the agencies’ own, revised when they revise. Each program defines its universe differently (employer firms, private ownership, all establishments), so figures from different sources are not meant to add up. This page is not endorsed by the Census Bureau, BEA or BLS. The same data is in the Palanor API (/v1/industries) and the MCP (palanor_get_industry). All industries.