Health Care and the Economy
May 13, 2026
 |
| Greetings! Last month, we released our latest report examining Maryland’s economy: Maryland Industry Analysis: Healthcare and the Economy. As part of the release, we hosted an event featuring Comptroller Lierman, Secretary Seshamani, and a panel of health care experts. Health Care Report: Maryland Industry Analysis Health Care Report Fact Sheet: Maryland Industry Analysis: Healthcare and the Economy Fact Sheet Health care is the dominant sector in Maryland and a cornerstone of the state’s economy, employing more people and touching more communities than any other industry. Since 2022, health care has added 51,000 jobs – nearly as many as all other industries in Maryland combined. The sector also reflects Maryland’s diversity, with a workforce largely composed of people of color, immigrants, and women, and serves as the private sector’s most important engine for job creation amid declines in federal employment. However, this growth also brings vulnerabilities, including dependence on federal financing, increased financial pressures on governments and consumers, limited productivity gains, and a relatively small multiplier effect on the broader economy, which this report aims to candidly assess for policymakers and the public. Below are a few resources from the event: Video recap (ICYMI): Maryland Industry Analysis: Healthcare and the Economy Photo album of the event can be found HERE News You Can Use: Maryland Matters:Comptroller report reveals steep challenges facing Maryland’s healthcare industry – Maryland Matters WBAL News Radio:Maryland healthcare leads in employment but faces workforce challenges | WBAL Baltimore News If you are interested in a presentation on the report’s findings or sector trends, please contact Policy Research Director Dani DiPietro at ddipietro@marylandtaxes.gov. If you would like to review any of our policy reports, please visit our Research Reports page on our website. Sincerely, Maryland Office of the Comptroller |