If you are wondering, what companies are in the health care field. Then there are various companies in the healthcare field and some of the well-known names are UnitedHealth Group, CVS Health, Anthem, Cardinal Health, McKesson, AmerisourceBergen, Aetna, Apollo Hospitals, Fortis healthcare institute, Wockhardt Ltd.
We have chosen this list of 10 companies as per company growth, organizational effectiveness, management team caliber, customer adoption, and service quality among other factors.
Apart from that, this sector includes companies that produce medical devices, drugs, and other goods along with AI-powered robotics, holistic patient care, and digital pharmacies.
Many health care companies also provide medical services such as hospital administration or health insurance. These facilities have led to the modernization of the healthcare field. It is also brightening the future through the advancement in consumer offerings, clinical trials, research, as well as data, and communications.
These companies are creating an environment that promises care and revolution in the way we live and the way we take care of important factors — such as our health.
What Companies Are In The Health Care Sector
Health care or healthcare is a diagnosis, treatment, prevention, cure for diseases, and promotion of good physical as well as mental health. Furthermore, it also means amelioration, injury, and other mental or physical impairments in the individual.
Various health care professionals work in the field of athletic training, physical therapy, occupational therapy, psychology, audiology, optometry, nursing, midwifery, dentistry, as well as medicine. These are the parts of health care.
In addition, health care includes primary, secondary, and tertiary care. In some parts of the country and communities, access to health care may vary as per their policies, and economic and social conditions. However, certain limitations can affect the health care field such as financial limitations, personal limitations, geographic barriers, lack of education, and low income.
Top 10 Companies Healthcare Field
Various health care technology companies have been nominated and awarded the best organizations and we have selected the 10 best ones. But before that, we want to mention some newer and rapidly growing enterprises such as DNA Script, Capsule, as well as GRAIL.
Now let’s check out what companies are in the health care field that offers a diverse range of services and products:
1. UnitedHealth Group
Headquartered in Edina, Minnesota, UnitedHealth Group has a wide range of services and products to offer. In Forbes’ Global 2000 list, this health care company ranked 21st and it is considered the world’s largest healthcare company.
Apart from this, they also offer health insurance, consulting services, pharmacy care services, as well as data analysis. The main divisions of UnitedHealth Group are OptumRx, OptumInsight, OptumHealth, and UnitedHealthcare.
Established in 1977, this multinational company also provides medical technology services. Furthermore, the working life of the employees is pretty balanced and they have options to work remotely. Besides, the turnover of the company is not only great from the joint as a big brand but it also gets encouragement and support from the senior management.
2. CVS Health
CVS Health Corporation is an American health care company that provides prescription drug coverage, virtual care, health plans, health and wellness services, as well as pharmacy services.
This retail pharmacy chain ranked 4th in the 2021 Fortune 500 list. After taking over Aetna, CVS Health has helped in health insurance and become the biggest pharmacy benefits management (PBM) company.
Additionally, this company was founded in 1963 and since then it has been offering a wide range of pharmaceutical services, clinical healthcare services, and a selection of retail products.
Besides, this retail pharmacy chain also works in a health insurance branch. Also, they hire professionals at a retail and corporate level to produce, distribute, and dispense pharmaceuticals and other health-related products.
Anthem Inc. is said to be the largest profit-managed company and it was ranked 23rd on the Fortune 500 list. Furthermore, this healthcare insurance company is trusted by more than 40 million people and 45.1 million medical members in America.
Formed in 2004, Anthem also offers Medicaid and medicare plans along with some options such as employees, individuals, families as well as businesses.
The customers are free to choose from various sorts of insurance like vision insurance, dental insurance, and health insurance. Furthermore, the company operates as Anthem Blue Cross and Blue Shield in 10 states, as Empire BlueCross BlueShield in New York State, and as Anthem Blue Cross in California.
4. Cardinal Health
established in 1971, Cardinal Health Inc. is headquartered in Dublin (US), Ohio, and Dublin (Ireland). Moreover, this health care firm distributes pharmaceutical as well as medical products at 700 locations in 36 countries.
Apart from medicine, they also manufacture medical as well as surgical products like surgical apparel and gloves. They also manufacture laboratory products, and healthcare supplies and distribute drugs and other supplies to the retailers, customers, as well as medical practitioners.
The company ensures that the retailers and medical service providers have all the needed medical supplies for use and distribution. Mostly, their employees are high-level administrators, distribution coordinators, as well as pharmaceutical developers.
5. McKesson Corp
Founded in 1833, Mckesson Corp is another pharmaceutical and medical supply distribution company that offers care management tools, medical supplies, and health information technology products. In 2021, the company ranked 7th on the Fortune 500 list. Furthermore, they distribute medical products like pharmaceuticals in Europe, Canada, and the United States.
Headquartered in Irving, Texas, the healthcare firm also produces healthcare supplies and services and offers them to pharmaceutical companies, pharmacies, hospitals, clinics as well as other types of healthcare providers.
Besides, sources say that employees work with businesses directly that give medical care to provide them with the technology and supplies they require to function in a better way.
Founded in 2001, AmerisourceBergen is a health care company that provides services, medications, consulting medical business operations, drug production, and distributions, and offers other types of healthcare products. This pharmaceutical distribution company ranked 8th on the list of 2021 Fortune 500.
Moreover, this global company provides supplies to health clinics, and pharmacy retailers, which includes both generic and branded generic health care supplies. Besides, they also offer international access to medical supplies for multinational health care providers.
Employees working in this giant company have a lot of perks as they may have stock purchasing options, a signing bonus, and flexible scheduling options.
Aetna Inc. is an American-managed health care company and since 2018, this company has been running as a subsidiary of CVS Health Corporation. The name of the company is descended from Aetna (Fire) Insurance Company of Hartford, Connecticut. And the origins of this name comes from Mount Etna, which as of now, is an active volcano in Europe.
Plus, this giant company has around 22.1 million medical members in its network along with 1.2 million health care professionals, 13.1 million pharmacy benefit management services members, and 12.7 million dental members.
Apart from that, they have over 5,700 hospitals as well as over 690,000 primary care doctors and specialists. Consumer and traditional directed health care insurance and related services are their major selling areas which include long-term care, behavioral health, dental, pharmaceutical, and medical health. They do that primarily through Medicare, benefit programs, and employer-paid (fully or partly) insurance.
8. Apollo Hospitals
Founded by Dr. Pratap Reddy in Chennai in 1983, Apollo Hospitals is one of the biggest names that come to our mind when we think about the best health care companies in India.
Moreover, they were the first corporate healthcare provider in India. The chain of this company is increasing day by day and offers at least 2000 beds all over the country.
Furthermore, you will find at least one branch of Apollo Hospital now in every city. This health care company is most famous for developing their own medicines. The main headquarters of this multinational healthcare group is in Chennai.
Besides, Apollo Hospitals Enterprise Limited also operated telehealth clinics, diagnostic centers, primary care, as well as pharmacies through their subsidiaries.
According to the source, many branches of Apollo hospital have received international healthcare accreditation from NABH and JCI (America-based Joint Commission International).
9. Fortis healthcare institute
Fortis healthcare Institute is yet another healthcare company that was established in 2001 by Dr. Parvinder Singh. As of now, this company has built various hospitals in different cities such as Gurgaon, Bengaluru, Chennai, Kota, Mohali, Jaipur, as well as Hyderabad. This is a multinational chain of hospitals that also has its establishments in Singapore.
Ideally, the main aim of this healthcare company is to establish its healthcare units all over the world and showcase its brand name as a healthcare company. The Fortis Memorial Research Institute (FMRI) hospital at Gurgaon is the flagship hospital as well as the headquarter of Fortis healthcare which has all the major facilities.
Apart from that, this health care unit ranked 23rd smart hospital all over the globe in the year 2021. Besides, the same hospital ranked 22nd best hospital in Newsweek in India in the year of 2022. Fortis also has its other units in various places like Shalimar Bagh (Delhi), Vasant Kunj, Noida, Faridabad, and many other cities in the country.
As of now, the health care giant operates its health care delivery services in other countries like India, Sri Lanka, and Dubai with 36 facilities.
10. Wockhardt Ltd
Founded in 1960, Wockhardt Ltd. was founded by Mr. Habil Khorakiwala in India. And today, this health care company has become a global company as it has its presence in developing companies like Russia, Brazil, as well as Mexico. They also have established manufacturing plants in several places, including the US, France, Ireland, and the UK.
Wockhardt Ltd. offers a health care institute that offers the state of art treatment facilities to serve every individual in the country. Apart from being a brand name in the pharmaceutical industry, this health care firm also develops vaccines, nutrition products, manufactures formulations, etc.
Moreover, they are also one of the tertiary care, super specialty health care networks in the country which offers health care services.
And today, Wockhardt Ltd. is said to be India’s 5th largest Pharmaceutical and Healthcare company. Furthermore, they have a presence in 20 countries.
A medical practitioner needs an experience of 2 years of working as an intern in a reputed health care company.
Frequently Asked Questions
1. What are some health care businesses?
There are various health care businesses, from large-scale businesses to moderate businesses to small-scale businesses in this field.
And some of the best health care businesses across the globe are retail pharmacy stores, fitness centers, mental health institutions, herbal products manufacturing, disposable syringe production, diagnostic centers, corporate wellness centers, as well as ambulance services.
2. What are the 4 primary health care sectors?
The four main primary health care sectors are optometry (eye health services), dental sectors, rehabilitative sectors, preventive and curative sectors, as well as a community pharmacy.
3. What are the 6 healthcare professionals?
The six main healthcare professionals are physicians, mental health therapists, dietitians, pharmacists, nurses, as well as physical and occupational therapists.
4. Who is the most significant health care company?
The most significant company around the world is CVS Health Corp. Many other companies are serving people with the best facilities such as UnitedHealth Group Inc. (UNH), CVS Health, Anthem Inc. (ANTM), Cardinal Health Inc.
(CAH), McKesson Corp. (MKC), AmerisourceBergen Corp (ABC), Aetna, Apollo Hospitals, Fortis healthcare institute, Wockhardt Ltd, and Walgreens Boots Alliance Inc. (WBA).
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