Private company

Banner Health

Logo: Banner Health, Public domain, via Wikimedia Commons4

Nonprofit health system in six western U.S. states

Banner Health is a nonprofit health system in the United States, based in Phoenix, Arizona. It operates 33 hospitals and several specialized facilities across 6 states. The health system is the largest employer in Arizona and one of the largest in the United States with over 55,000 employees.2 Its revenue was $10.8 billion in 2024.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1999Founded1
  • Industryhealth care1
  • HeadquartersPhoenix, United States1
  • Websitewww.bannerhealth.com
  • Legal formCorporation (Nonprofit)3
  • Kind of organizationNonprofit organization1
  • LEIPLD0E0WJKFN8IZJ2WD853
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressC/O JEAN F. LANCE, 85012 Phoenix, United States3
  • Registered withArizona Corporation Commission, 001197503

Banner Health is a nonprofit health system in the United States, based in Phoenix, Arizona. It operates 33 hospitals and several specialized facilities across 6 states. The health system is the largest employer in Arizona and one of the largest in the United States with over 55,000 employees.2

Corporate structure

Banner Health sits at the top of its group. 20 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Banner Health Phoenix, Arizona, United States
    • Banner - University Medical Center Phoenix Subsidiary · Maricopa County, United States
    • Banner Baywood Medical Center Subsidiary · Maricopa County, United States
    • Banner Behavioral Health Hospital Subsidiary · Maricopa County, United States
    • Banner Boswell Medical Center Subsidiary · Sun City, United States
    • Banner Casa Grande Medical Center Subsidiary · Pinal County, United States
    • Banner Children's at Desert Subsidiary · Maricopa County, United States
    • Banner Del E Webb Medical Center Subsidiary · Sun City West, United States
    • Banner Desert Medical Center Subsidiary · Maricopa County, United States
    • Banner Estrella Medical Center Subsidiary · Phoenix, United States
    • Banner Gateway Medical Center Subsidiary · Gilbert, United States
    • Banner Goldfield Medical Center Subsidiary · Arizona, United States
    • Banner Heart Hospital Subsidiary · Mesa, United States
    • Banner Ironwood Medical Center Subsidiary · Queen Creek, United States
    • Banner MD Anderson Cancer Center Subsidiary · Maricopa County, United States
    • Banner Ocotillo Medical Center Subsidiary · Maricopa County, United States
    • Banner Sun Health Research Institute Subsidiary · Sun City, United States
    • Banner Thunderbird Medical Center Subsidiary · Maricopa County, United States
    • East Morgan County Hospital Subsidiary · Brush, United States
    • North Colorado Medical Center Subsidiary · Greeley, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

The story

In 1999, two nonprofit entities Samaritan Health System (dating back to 1911) and Lutheran Health Systems (history dating back to 1938) merged, forming Banner Health. At the time the entity operated in 14 states and had around 22,000 employees.

In 2007, Banner closed the former Mesa Lutheran hospital and later converted it to office space at a cost of around $100 million.

In 2006 Banner Health launched a telemedicine program. The health system determined the telemonitoring saved 34,000 ICU days and close to 2,000 lives in 2013 based on APACHE II predicted length of stay and mortality rates.

In October 2006 Banner acquires the assets and staff, including 40 providers of Big Thompson Medical Medical Group in Loveland, Colorado.

In 2008, Banner Health selected Nextgen Healthcare as its partner for ambulatory EHR medical records at all of its outpatient facilities.

In October 2008, Banner acquired large specialty group "Arizona Medical Clinic" in the west valley and renamed this entity Banner Arizona Medical Clinic.

In August 2012, Banner embarked on a plan to rename and harmonize the names of its acquired medical clinics organized under Banner Medical Group. Clinics were renamed according to specialty across the entire system

In February 2014, Banner acquired Casa Grande Medical Center in Casa Grande, AZ

Read the full text

In June 2014, the University of Arizona Health Network (UAHN) and Banner Health launched a merger, pending Arizona Board of Regents approval to combine operations The merger finally took place in 2016. The new Banner division, Banner - University Medicine and its employed physician group, Banner - University Medical Group (BUMG) brought Banner Health into the forefront of academic medicine. As part of the deal, the former University of Arizona Medical Center and University of Arizona Medical Center - South Campus, in Tucson, AZ, were renamed Banner – University Medical Center Tucson and Banner – University Medical Center South, respectively. Banner Good Samaritan hospital in Phoenix was also renamed, to Banner – University Medical Center Phoenix, to reflect its new designation as the primary teaching hospital of the University of Arizona College of Medicine – Phoenix. To upgrade the aging infrastructure of all of these facilities, Banner Health pledged nearly US$1.5 billion to several major construction projects in Phoenix and Tucson.

In 2015, Banner relocated its headquarters from the Banner Good Samaritan Hospital campus (now known as Banner – University Medical Center) to a tower at Central Avenue and Thomas Road in Phoenix, Arizona. In the same year, it signed an agreement with Cerner to move all of its facilities including the clinics formerly on Nextgen to Cerner EHR. The move also includes staff sharing between Banner and Cerner to execute on the implementation.

In August 2016, Banner Health acquired the assets and staff of Urgent Care Extra's 32 Arizona urgent care facilities, hoping to grow the urgent care footprint to 50 clinics by 2017. Banner Health fell victim to a cyberattack and data breach that may have put the information of up to three million patients and employees at risk. This led to a class-action lawsuit which was settled in 2020. According to HIPAA Journal, this breach was the largest of any health care concern in 2016.

In 2017, Banner Health and Aetna announced a joint venture creating a new health insurance company, Banner|Aetna.

In April 2018, Banner submitted to an $18 million fine relating to billing and operational abnormalities relating to billing government programs for services In June 2018, the company completed the transition of the Tucson medical facilities conversion from Epic Systems EHR to the EHR used at their other entities, Cerner. The conversion was noted as challenging for the staff involved and cost approximately US$45 million.

In July 2020, Wyoming Medical Center agreed to join Banner Health.

In November 2020, Banner opened the newest hospital serving Chandler, Arizona. Banner Ocotillo Medical Center is the first new Banner hospital since 2010, when Banner Ironwood Medical Center opened in San Tan Valley.

From Wikipedia’s article on Banner Health, shared under CC BY-SA 4.0.5

Products and brands

Banner - University Medical Center Phoenix

Banner - University Medical Center Phoenix (formerly Banner Good Samaritan Medical Center, or "Good Sam"), is a 746-bed nonprofit, acute care teaching hospital located in Phoenix, Arizona, providing tertiary and healthcare needs for the Arizona region and surrounding states. Banner - University Medical Center Phoenix is a hospital of the Banner Health System and is one of the flagship facilities of the system. The hospital is affiliated with the University of Arizona Colleges of Medicine in Phoenix and Tucson. The hospital is an American College of Surgeons verified Level 1 Trauma Center and has a rooftop helipad to transport critically ill patients from within the region.

Banner MD Anderson Cancer Center

Banner Health partnered with The University of Texas M.D. Anderson Cancer Center (based at Texas Medical Center in Houston), consistently one of the two highest-ranked cancer centers by U.S. News & World Report, to build a $100 million cancer center in Gilbert, Arizona at Banner Gateway Medical Center. This facility opened in 2011 and offers outpatient services, including radiation treatment, diagnostic imaging, infusion therapy, cancer-specific clinics and support services. Banner Gateway provides inpatient care such as surgery, interventional radiology, and stem cell transplantation. In March 2014, a 103,000 square feet, $62 million expansion was completed to increase clinic space, infusion bays and radiation oncology facilities. Patients at Banner MD Anderson Cancer Center receive care based on the same protocols and practice standards provided at MD Anderson and benefit from integration with MD Anderson specialists in Houston. The new facilities were designed in collaboration with MD Anderson experts, ensuring state of the art equipment and treatment capabilities are in place. MD Anderson provides clinical direction for the cancer center which is the broadest extension of its services outside Houston.

Locations

Banner Health is one of the largest, secular nonprofit health care systems in the country. In addition to 33 hospitals, Banner also operates an academic medicine division, Banner – University Medicine, and Banner MD Anderson Cancer Center, a partnership with one of the world’s leading cancer programs, MD Anderson Cancer Center. These facilities can be found Arizona, California, Colorado, Nebraska, Nevada, and Wyoming.

From Wikipedia’s article on Banner Health, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Subsidiaries

  • Banner - University Medical Center Phoenix
  • Banner Baywood Medical Center
  • Banner Behavioral Health Hospital
  • Banner Boswell Medical Center
  • Banner Casa Grande Medical Center
  • Banner Children's at Desert
  • Banner Del E Webb Medical Center
  • Banner Desert Medical Center
  • Banner Estrella Medical Center
  • Banner Gateway Medical Center
  • Banner Goldfield Medical Center
  • Banner Heart Hospital
  • Banner Ironwood Medical Center
  • Banner MD Anderson Cancer Center
  • Banner Ocotillo Medical Center
  • Banner Sun Health Research Institute
  • Banner Thunderbird Medical Center
  • East Morgan County Hospital
  • North Colorado Medical Center

From Wikidata.1

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

Banner Health revenue by year1$10.8B in 2024+85% since 2015
0$5.0B$10.0B$15.0B2015: $5.9B$5.9B20152016: $6.3B$6.3B2016+8%2017: $6.5B$6.5B2017+2%2018: $6.8B$6.8B2018+5%2019: $7.1B$7.1B2019+5%2020: $7.5B$7.5B2020+5%2021: $8.8B$8.8B2021+17%2022: $8.5B$8.5B2022−3%2023: $9.5B$9.5B2023+12%2024: $10.8B$10.8B2024+14%
  • 2024$10.8B1
  • 2023$9.5B1
  • 2022$8.5B1
  • 2021$8.8B1
  • 2020$7.5B1
  • 2019$7.1B1

Timeline

  1. 1999Founded Founded1

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$157.5M 2008–2026
Figures by year
YearFederal grantsFederal contractsTotal
2026$25.1M$2.5M$27.7M
2025$26.2M$107.8K$26.3M
2024$17.5M$95.4K$17.6M
2023$6.6M$117.8K$6.7M
2022$26.8M$143.1K$26.9M
2021$12.7M$79.9K$12.8M
2020$10.2M$140.3K$10.4M
2019$1.5M–$1.5M
2018$7.9M$66.5K$7.9M
2017$1.9M$3.2M$5.1M
2016–$321.4K$321.4K
2015$3.0M$3.3K$3.0M
2014$5.5M$17.2K$5.6M
2013$818.2K$147.8K$966.0K
2012–$111.0K$111.0K
2011–$361.0K$361.0K
2010–$94.0K$94.0K
2009–$202.2K$202.2K
2008$3.7M$274.2K$4.0M

Federal awards

Obligated amounts from USAspending.gov6, by calendar year, 2008–2026, for 10 registered units, including subsidiaries under the same parent. Obligations are what agencies committed, not always what was paid out. Contracts pay for goods and services; grants, loans and direct payments are assistance. Loans are charted at the face value of the loans listed here. An award’s amount below is its lifetime total, and some began before the years charted.

Largest grants

  1. Sep 1, 2024$41.8M from National Institutes of Health: Aging Research7 To BANNER HEALTH Award R01AG086363
  2. Sep 1, 2018$28.8M from National Institutes of Health: Aging Research8 To BANNER HEALTH Award R01AG058468
  3. Sep 30, 2020$27.4M from National Institutes of Health: Aging Research9 To BANNER HEALTH Award R01AG069453
  4. Sep 5, 2021$20.3M from National Institutes of Health: Aging Research10 To BANNER HEALTH Award P30AG072980
  5. Apr 1, 2017$14.7M from National Institutes of Health: Aging Research11 To BANNER HEALTH Award R01AG055444
  6. Sep 15, 2019$9.5M from National Institutes of Health: Aging Research12 To BANNER HEALTH Award R01AG063954
  7. Sep 1, 2011$7.4M from National Institutes of Health: Extramural Research Programs In The Neurosciences And Neurological Disorde; Extramural Research Programs In The Neurosciences And Neurological Disorders13 To BANNER HEALTH Award U24NS072026
  8. Sep 15, 2008$1.8M from Department of Defense: Military Medical Research And Development14 To BANNER HEALTH Award W81XWH0820186

Largest contracts

  1. Mar 28, 2017$3.2M from Department of Veterans Affairs: Igf::ot::igf task order 2 pop 3-28-2017 to 3-27-201815 To BANNER HEALTH Award VA25817J0089
  2. Aug 1, 2026$2.3M from National Institutes of Health: Nulisa (a novel proteomic liquid biopsy platform with attomolar sensitivity and high multiplexing) testing services to identify biomarkers t16 To BANNER HEALTH Award 75N98026P00871
  3. Jun 1, 2006$600.0K from Indian Health Service: Medical/psych consultation svcs17 To BANNER HEALTH Award HHSI247200600028C
  4. Jun 1, 2011$400.0K from Indian Health Service: General health care services18 To BANNER HEALTH Award HHSI247201110007C
  5. Nov 13, 2008$129.0K from Federal Bureau of Investigation: Medical exams19 To BANNER HEALTH Award DJFZ9C900528