Healthcare Services
Healthcare services cover the hospitals, insurance networks, and pharmacy chains that actually deliver care to patients. These companies operate at huge scale and benefit from ageing populations and rising healthcare spending in every developed country.
The largest healthcare company in the US by revenue. Operates both the largest health insurer (UnitedHealthcare) and the largest healthcare services business (Optum). Effectively runs a significant part of the American healthcare system.
Owns Aetna (health insurance), Caremark (pharmacy benefit manager), and 9,000+ retail pharmacies. Has vertically integrated across the entire healthcare delivery chain. One prescription can touch three CVS businesses.
Operates the largest for-profit hospital network in the US with 180+ hospitals. Benefits directly from ageing demographics — more elderly people means more hospital visits. Pricing power grows as hospital systems consolidate.
One of the largest health insurers in the US, formerly known as Anthem. Manages health benefits for over 40 million members, including Medicaid and Medicare plans. Steady, predictable revenue from government-backed programmes.
Makes the da Vinci surgical robot used in minimally invasive surgeries. Over 8,000 systems installed in hospitals worldwide. Revenue recurs every time a surgery happens — the blades and instruments are single-use. Dominant in robotic surgery.
Scores 10/10 for Telehealth. Also relevant to Digital Health.
Scores 9/10 for Medical Devices.
Scores 9/10 for Diagnostics & Testing. Also relevant to Medical Devices and Point-of-Care Testing.
Scores 9/10 for Life Sciences Tools.
Scores 9/10 for Life Sciences Tools. Also relevant to Diagnostics & Testing.
Scores 9/10 for Wearable Health Tech. Also relevant to Digital Health.
Scores 9/10 for Medical Devices.
Scores 9/10 for Medical Imaging. Also relevant to Digital Health and Medical Devices.
Scores 9/10 for Medical Devices. Also relevant to Robotic Surgery.
Scores 9/10 for Health Insurance. Also relevant to Medicare Advantage and Value-Based Care.
Scores 9/10 for Medical Devices. Also relevant to Robotic Surgery.
Scores 9/10 for Health Insurance. Also relevant to Medicaid & Medicare and Healthcare Services.
Scores 9/10 for Health Insurance. Also relevant to Medicaid & Medicare.
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