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Hoover's Directories > Industry Overviews > Health Care Sector

Health Care Sector

  • Overview
  • Risks & Opportunities
  • Call Prep Questions

Industry Description

The US health care sector includes more than 780,000 hospitals, doctor offices, emergency care units, nursing homes, and social services providers with combined annual revenue of about $2 trillion. Major companies include Kaiser Permanente, HCA, Ascension Health, and Tenet Healthcare. The sector is highly fragmented: the top 50 organizations generate just 15 percent of revenue.

SIC: 8071, 4119, 5995, 7299, 8011, 8021, 8041, 8042, 8043, 8049, 8051, 8052, 8062, 8063, 8082, 8092, 8093, 8099, 8322, 8069, 8361, 8331
NAICS: 624410, 621340, 624230, 624229, 624221, 624210, 624190, 624120, 624110, 623990, 623312, 623311, 623220, 623210, 623110, 622310, 446130, 621111, 621112, 621210, 621310, 621320, 621330, 624310, 621391, 621399, 621410, 621420, 621491, 621492, 621493, 621498, 621511, 621512, 621610, 621910, 621991, 621999, 622110, 622210
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Top 5 Companies

CompanySalesLocation
Augustinus Fonden4,781.46MKobenhavn, Denmark
ST IVES GROUP PTY LTD4,093.49MWembley, Wa
IBIS CARE (NO 4) PTY LTD3,633.91MBlakehurst, Nsw
BUPA AGED CARE GROUP LIMITED3,186.22MSydney, Nsw
ST IVES GROUP PTY LTD2,615.78MJolimont, Wa
Bullet - Yellow Arrow Box There are 128,719 companies in this industry. To view all of them, register now.

Industry Indicator

US consumer prices for medical care commodities, an indicator of healthcare costs, rose 3.2 percent in December 2011 compared to the same period in 2010.
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Quarterly Industry Update

Defensive Medicine Adds to Cost of Care - A survey by Jackson Healthcare showed that the practice of defensive medicine can add up to $850 billion annually to the cost of health care...
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