Here are the 10 biggest healthcare companies based on 12-month trailing (TTM) revenue as of March 24, 2020. This list is limited to companies which are publicly traded in the U.S. or Canada, either directly or through ADRs. Additionally, through its 2018 acquisition of Aetna, CVS has become a major player in health insurance.. In January 2020, Centene acquired WellCare Health Plans Inc., thereby increasing its market share in Medicaid, Medicare Advantage, and Medicare Prescription Drug Plans.. Headquartered in San Francisco and maintaining seven different businesses, McKesson Corp. has been ranked number 5 on Fortune 500. The Centers for Medicare and Medicaid Services administers major healthcare programs in the U.S. View Jobs + Learn More VillageMD VillageMD. Our goal is to be the leading provider of first-line ambulatory electrocardiogram, or ECG, monitoring for patients at risk for arrhythmias. In 2019, new entrants and biopharmaceutical and medical device companies will bring to market new digital therapies and connected health services that can help patients make behavioral changes, give providers real-time therapeutic insights and give insurers and employers new tools to more effectively manage beneficiaries health. Bristol-Myers Squibb is USA based helathcare and pharmaceutical multi-national company. According to the Center for Medicare and Medicaid Services (CMS), US health spending has already reached 3.3 trillion dollars in 2016 and is expected to increase 5.5% annually on average through 2026. 4.2.4 Good Return of Investments (ROI) 4.3 Market Restraints. Sales incentives - Industry/pharmaceuticals - GSKGSK [...] Healthcare is a leading healthcare company which develops its activity [...] for both research (medicines [...] and vaccines) and development of healthcare productsv . The healthcare sector consists of companies that provide medical services, manufacture medical equipment or drugs, provide medical insurance, or otherwise facilitate the provision of healthcare to patients. Roche Holding is a pioneer in Healthcare Company with headquarters in Basel, Switzerland. The Dow Jones Global Titans 50 Index launched in 1999 consisting of 50 of the largest multinational corporations in the world. UnitedHealth Group is a health insurance company that also provides data analytics and consulting services to healthcare providers, as well as pharmacy care services. The healthcare industry has for long been skeptical about incorporating up and coming technologies primarily due to the safety and compliance issues. Effective May 12, 2020, Jason Hollar will assume the CFO post at Cardinal Health. McKesson Corp. "McKesson Announces Bansi Nagji to Step Down as Executive Vice President, Chief Strategy and Business Development Officer," Accessed March 24, 2020. By Patrick Hatch. Founded in 1853 in Hartford, CT, Aetna is an American managed health care company, which sells traditional and consumer-directed health care insurance plans and related services. Copyright © 2018-2020 Value.Today | Asia's Most Trusted Website | Contact Email : info@value.today, JOHNSON & JOHNSON Annual Revenues for 2019-DEC ending is 82.05 Billion USD, JOHNSON & JOHNSON Annual Net Income for 2019-DEC ending is 15.12 Billion USD, JOHNSON & JOHNSON Total Assets as on June-2020 is 158,380 Million USD, JOHNSON & JOHNSON Total Liabilities as on June-2020 is 95,402 Million USD, ROCHE HOLDING AG Annual Revenues for 2019-DEC ending is 61.46 Billion CHF, ROCHE HOLDING AG Annual Net Income for 2019-DEC ending is 13.49 Billion CHF, UNITEDHEALTH GROUP Annual Revenues for 2019-DEC ending is 240.27 Billion USD, UNITEDHEALTH GROUP Annual Net Income for 2019-DEC ending is 13.84 Billion USD, UNITEDHEALTH GROUP Total Assets as on June-2020 is 192,483 Million USD, UNITEDHEALTH GROUP Total Liabilities as on June-2020 is 127,017 Million USD, MERCK & COMPANY Annual Revenues for 2019-DEC ending is 46.84 Billion USD, MERCK & COMPANY Annual Net Income for 2019-DEC ending is 9.84 Billion USD, PFIZER Annual Revenues for 2019-DEC ending is 51.75 Billion USD, PFIZER Annual Net Income for 2019-DEC ending is 16.27 Billion USD, PFIZER Total Assets as on June-2020 is 177,934 Million USD, PFIZER Total Liabilities as on June-2020 is 113,598 Million USD, NOVARTIS AG Annual Revenues for 2019-DEC ending is 48.67 Billion USD, NOVARTIS AG Annual Net Income for 2019-DEC ending is 11.73 Billion USD, Total Assets of 118,370 Million USD as on December 2019, Total Liabilities 62,819 Million USD as on December 2019, MEDTRONIC Annual Revenues for 2020-APR ending is 28.91 Billion USD, MEDTRONIC Annual Net Income for 2020-APR ending is 4.78 Billion USD, ABBOTT LABORATORIES Annual Revenues for 2019-DEC ending is 31.90 Billion USD, ABBOTT LABORATORIES Annual Net Income for 2019-DEC ending is 3.68 Billion USD, ABBOTT LABORATORIES Total Assets as on June-2020 is 68,776 Million USD, ABBOTT LABORATORIES Total Liabilities as on June-2020 is 38,198 Million USD, BRISTOL-MYERS SQUIBB COMPANY Annual Revenues for 2019-DEC ending is 26.14 Billion USD, BRISTOL-MYERS SQUIBB COMPANY Annual Net Income for 2019-DEC ending is 3.43 Billion USD, BRISTOL-MYERS SQUIBB COMPANY Total Assets as on June-2020 is 128,076 Million USD, BRISTOL-MYERS SQUIBB COMPANY Total Liabilities as on June-2020 is 78,982 Million USD, AMGEN Annual Revenues for 2019-DEC ending is 23.36 Billion USD, AMGEN Annual Net Income for 2019-DEC ending is 7.84 Billion USD, AMGEN Total Assets as on June-2020 is 65,011 Million USD, AMGEN Total Liabilities as on June-2020 is 54,352 Million USD, World Top Healthcare Companies by Market Value as on 2020, World Top 10 Companies Revenues and Net Profits as on 2020, India Top 10 Companies Revenues and Net Profits as on 2020, Australia Top 50 Companies Annual Results, Johnson & Johnson - Top Consumer Goods, Pharmaceuticals, Medical Devices Company, Roche - Healthcare and Pharmaceutical Company, United Health Group - World Top Healthcare Company, Merck - Healthcare and Pharmaceutical Company, Novartis - Healthcare and Pharmaceutical Companies in World, Medtronic - Healthcare and Medical Devices Company, Abbott - Healthcare and Pharmaceutical Company, Bristol-Myers Squibb - Pharmaceutical Company, Amgen Inc - Bio Technology Products Healthcare Company. 10. Abbott has presence in more than 150 countries. An Industry Look at Healthcare in the Time of COVID-19. McKesson expects to name a successor within the next few months., AmerisourceBergen Corp. is a distributor of medications and medical supplies. The McKesson Corporation is the largest healthcare company in the world. Some of it includes pharmaceutical, medical, dental, behavioral health, long-term care, and disability … The healthcare industry is experiencing rapid change resulting from evolving consumer and employer demands, regulatory requirements, and technological disruption, as well as the rapid evolution in technologies. Top 10 Healthcare Technology solution providers are AlayaCare, Cardio Healthcare (Cardiocoin), FRONTEO, Kanata, Origin Integrated Studios, Smart Gate, Allscripts, Empower Healthcare… UnitedHealth Group is a distinctively diversified health and well-being company headquartered in the United States, and a leader worldwide in helping people live healthier lives and helping make the health system work better for everyone. Over half of the compounds in Roche Company products pipeline are biopharmaceuticals, enabling them to deliver better-targeted therapies. These companies realize there's no one-size-fits-all approach to proper care, so customization is key. Here are 9 top AI companies in healthcare to keep an eye on. He will remain with the company in an advisory role to smooth the transition. At the same time, Novartis is expanding their presence in the emerging markets of Asia, Africa and Latin America, where there is fast-growing demand for access to high- quality medicines and healthcare. "CVS Health Completes Acquisition of Aetna, Marking the Start of Transforming the Consumer Health Experience," Accessed March 25, 2020. UnitedHealthcare Group Founded in 1977 and headquartered at Minnesota, U.S.; UnitedHealthcare Group is a diversified healthcare company with four reportable segments across two business platforms, namely, UnitedHealthcare (health benefits) and Optum (health services). The CEOs of 13 major healthcare companies signed BSR’s Guiding Principles on Access to Healthcare (GPAH), a set of principles and approaches that frames and describes the industry’s approach to reducing the burden of disease and improving global health outcomes. Pfizer Products and Medicines are the results of 1500 scientists overseeing more than 500,000 lab tests and over 36 clinical trials before the first prescription. 4.3.2 High Maintenance Costs. Location: Chicago. Medtronic operates from more than 370 locations in approximately 160 countries. Anthem Inc. "Anthem, Inc. Completes Acquisition of Beacon Health Options," Accessed March 24, 2020. 4.3.1 Lack of Skilled Labor. Novartis is Switzerland based Multi-National Healthcare and Pharmaceutical company. The healthcare sector includes companies that produce medical goods, such as drugs and medical devices, and companies that provide medical services, such as health insurance or hospital administration. BAND-AID brand adhesive bandages are among its best-known consumer products. Its principal divisions include UnitedHealthcare, OptumHealth, OptumInsight, and OptumRx. Over half of the compounds in Roche Company products pipeline are biopharmaceuticals, enabling them to deliver better-targeted therapies. Johnson & Johnson is USA based company and it manufactures Consumer Goods, Medical Devices and Equipment and Pharmaceutical Products. YCharts. Healthcare technology companies have provided a much-needed jolt of efficiency by tailoring experiences to the individual. They have over 107,000 employees as on 2019. Pfizer is one of World's Top Pharmaceutical company and its headquarters is in New York, USA. Companies; Healthcare 'Industry under pressure': Private health premium rise hits 20-year low . Cigna Corp. offers medical, life, and accident insurance products, as well as managed care services. UnitedHealth Group is a health insurance company that also provides data analytics and consulting services to healthcare providers, as well as pharmacy care services. As one of the world’s leading healthcare data analytics companies, Optum contains the wisdom of over 26,000 experts that work towards building a common system to provide purpose, guidance and results for healthcare professionals and healthcare facilities. CVS Health. Data metrics for clinical, operational, population health, financial, and staff related areas. It is part of the U.S. Department of Health and Human Services. By using Investopedia, you accept our, Investopedia requires writers to use primary sources to support their work. Abbott Laboratories is USA based healthcare and pharmaceutical and is multi-national company. He was most recently the chief financial officer (CFO) of automotive products and services company Tenneco Inc. (TEN).. Cardinal Health Inc. "Cardinal Health names Jason Hollar as new Chief Financial Officer," Accessed March 24, 2020. However, the scenario is changing with the advancements in the technologies that provide far greater advantages in comparison to limitations. A Health Savings Account (HSA) is an account for individuals with high-deductible health plans to save for medical expenses that those plans do not cover. Managed healthcare companies provide health insurance policies. Medtronic Plc is USA based healthcare and pharmaceutical company with more than 86,300 employees as on 2019. accentiv.com. The healthcare industry has grown exponentially in the last few years with the adoption of innovative technology. Merck Company makes a difference in the lives of people globally through their innovative medicines, vaccines, and animal health products. As on 2019, Johnson & Johnson has 132,200 employees across 60 countries. The offers that appear in this table are from partnerships from which Investopedia receives compensation. 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