Hospitals
Industry Description
The US hospital industry includes about 3,600 organizations that operate about 6,500 hospitals with combined annual revenue of about $800 billion. Major companies include Ascension Health, Catholic Health Initiatives, HCA (Hospital Corporation of America), Kaiser Permanente, and Tenet Healthcare. The industry is fragmented: the top 50 organizations generate about 30 percent of revenue.
SIC: 8063, 8062, 8069
NAICS: 622210, 622110, 622310
NAICS: 622210, 622110, 622310
Related Industries:
Health Care Sector, Medical Equipment & Supply Wholesalers, Medical Equipment & Supplies Manufacturing, Health Insurance Carriers, Drug Wholesalers , Anesthesiologists, Cardiologists, Dermatologists, General Surgeons, Kidney Dialysis Centers, OBGYNs, Oncologists, Outpatient Surgical Centers, Pediatricians, Physicians, Podiatrists, Medical & Diagnostic LaboratoriesTo get access to the full industry record, register now.
Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| Credit Valley Hospital, The | 352,721.30M | Mississauga, ON |
| Kaiser Permanente | 42,100.00M | Oakland, CA |
| HCA INC. | 30,683.00M | Nashville, TN |
| HCA Holdings, Inc. | 30,683.00M | Nashville, TN |
| Methodist Healthcare Memphis Hospitals | 27,000.00M | Memphis, TN |
There are 208,419 companies in this industry. To view all of them, register now.Trends
Consolidation - Cost and revenue pressures have caused many hospitals, both...
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US consumer prices for medical care commodities, which may impact hospitals' operational costs for equipment and supplies, rose 3.2 percent in December 2011 compared to the same period in 2010.
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Hospitals Must Reduce Readmissions or Face Penalties - Hospitals whose readmission rates are excessive will be penalized by Medicare as of October 2011. The penalty starts out as a 1 percent cut in...
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