2017 RANKING & REVIEWS
TOP RANKING BEST HEALTHCARE SOLUTIONS
Who Are the Medical Companies and Healthcare Provider Firms to Watch in 2017?
The health care services industry encompasses many facets of the total health care system. You’ll see everything from healthcare technology companies that specialize in creating medical devices or pharmaceuticals to health care providers that works one-on-one with patients.
The biggest healthcare companies do a bit of everything and tend to do it globally, with each division of their healthcare solutions organization supporting the others.
Award Emblem: Top 6 Best Healthcare Solutions Providers
According to Plunkett Research®, the total U.S. health care services expenditures were estimated to be $3.24 trillion in 2015 and are projected to grow to $3.78 trillion in 2018. Something healthcare companies throughout the world share is that having the best healthcare is vital no matter where you live.
We are going to take a look at some of the top healthcare companies around the world. These are some of the best healthcare companies that work in a variety of areas, such as innovating virtual house calls and saving lives with advanced diagnostic tools.
The health care services industry is large, and so are these top six medical companies in our ranking. We’ll learn where they started and where they are going next in the health care system market.
Whether you’re an investor, a local healthcare provider, or someone who wants to learn about the best healthcare innovations, you may be surprised to see the cutting edge healthcare solutions that the largest healthcare companies are working on.
AdvisoryHQ’s List of the Top 6 Best Medical Companies
List is sorted alphabetically (click any of the medical company names below to go directly to the detailed review section for that medical company):
Top 6 Healthcare Solutions Companies | Brief Comparison & Ranking
Top Healthcare Companies
Healthcare Provider Specialty
Annual Reports for Medical Companies
Hospital Health Care Provider
Technology & Therapies Provider
Pharma and Diagnostic Provider
|Walgreens Boots Alliance|
Pharma and Consumer Health Provider
Top Healthcare Companies FAQ | What Are the Main Sectors in the Health Care System?
It’s easy to get lost in all the specialties that the largest health care companies are involved in. And if you’re investing, you may want to know if the healthcare technology companies you’re looking at are included in a specific sector of a stock portfolio.
Here are the key economic sectors that the biggest healthcare companies may fall into, as defined by mass media and information firm Thomson Reuters.
Advanced Medical Equipment
These are healthcare companies that engage in the manufacturing of high-tech medical equipment, which may include ultrasonic, x-ray, diagnostic equipment, and other similar technologies.
This health care services sector includes healthcare technology companies that have been engaged in research and development of new drugs, medical devices, and procedures. It excludes drug manufacturers without R&D operations.
This covers multiple healthcare companies that operate facilities, including hospitals, physician and dental clinics, psychiatric facilities, nursing homes, and home healthcare agencies. It also includes the laboratories that support those facilities.
Image Source: Top Healthcare Companies
Managed Health Care
This is the sector that the health care system insurance companies fall into. The Managed Health Care Industry excludes primary or supplementary health insurance that is provided by life insurance companies.
Medical Equipment, Supplies, & Distribution
These are the top healthcare companies that are engaged in the manufacturing and distribution of basic medical equipment and supplies – everything from bandages to surgical knives. It excludes retail sales of drugs and medical supplies.
Pharmaceuticals – Diversified
This sector includes the largest healthcare companies that do their own research, development, manufacturing, and marketing of drugs.
Pharmaceuticals – Generic & Specialty
This phama sector excludes the group in the “diversified” category and includes the best healthcare companies that manufacture and market over the counter, prescription, and veterinary drugs.
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AdvisoryHQ’s Selection Methodology
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Detailed Review – Top Ranking Best Medical Companies
Below, please find a detailed review of each site on our list of top healthcare companies. We have highlighted some of the factors that allowed these healthcare provider firms to score so highly in our selection ranking.
Bon Secours Review
Bon Secours is a health care provider that began as the Sisters of Bon Secours in 1824 in Paris to respond to the needs of the sick and dying by providing home care. After a move to Baltimore, MD, their first hospital was opened in 1919 to provide the best healthcare possible.
Today, they’ve become one of the best healthcare companies that is not only rooted in tradition but is also on the leading edge of personal care. They use the latest technologies to continue their mission of a being a top healthcare provider for their patients.
Highlights That Make Bon Secours Stand Out on Our Top List of Healthcare Solutions Companies
This not-for-profit Catholic health care system is headquartered in Marriottsville, Maryland and owns, manages, or is part of joint-venture facilities in six states throughout the U.S.
This heath care provider has:
- 19 acute-care hospitals
- 1 psychiatric hospital
- 5 nursing care facilities
- 4 assisted living facilities
- 14 home care and hospice services
Image Source: Bon Secours 24/7 | Healthcare Solutions
Virtual House Calls
An excellent example of how this healthcare solutions organization is embracing new technology is their Bon Secours 24/7. This program allows people to talk to a medical provider from a smartphone, tablet, or computer, making it quick and easy to see a doctor from the comfort of your own home.
It’s free to sign up, and each virtual visit is just $49, making it affordable for many who may have waited until things got worse before seeing a healthcare provider because the cost was prohibitive to get the care they need.
Commitment to Community
Bon Secours began as a healthcare provider in the local community, and that commitment to community is still a big part of this healthcare solutions company. They promote a number of initiatives in this area, including improving access to health care, promoting health education, and collaborating with local healthcare companies.
McKesson may not be a household name, but they are one of the oldest and largest healthcare companies in the U.S., providing one-third of all medication used daily in North America.
This healthcare solutions provider was founded in New York City in 1833 by John McKesson and Charles Olcott to import and sell therapeutic drugs wholesale. Today, the company has become one of the biggest healthcare companies with more than $179 billion in annual revenue.
Highlights That Make McKesson Stand Out on Our Top List of Healthcare Solutions Companies
McKesson has two core business segments in the health care system. One is distribution solutions for pharmaceuticals and other specialty health products, and the other is technology solutions for healthcare provider organizations.
World Class Distribution Capabilities
When you’ve been distributing wholesale medicine for over 175 years, you learn a thing or two about efficient and effective distribution to medical companies, pharmacies, and hospitals.
McKesson serves more than 50% of U.S. hospitals and 20% of physicians and has operations in over 16 countries. Their state-of-the-art distribution centers across the U.S. stock thousands of branded, generic, and specialty pharmaceuticals and over-the-counter products.
Pharmacy Technology Solutions
Of all the healthcare technology companies out there, McKesson provides some of the best healthcare solutions for pharmacies through their Pharmacy Management Systems.
Through this core business segment, they help digitize prescription filling, maintain patient data to ensure proper prescription adherence, and enable electronic healthcare solutions that can lead to healthier and more engaged patients.
Medtronic is a global medical company that is based in Ireland and operates in more than 155 countries with more than 260 locations, providing healthcare solutions relating to new technologies and therapies that are used worldwide.
Highlights That Make Medtronic Stand Out on Our Top List of Top Healthcare Companies
Something that this global health care provider proudly stands for is innovation and thinking differently. One of the markers for this commitment is their union with Covidien, a company that was initially based in the textile industry before leveraging that into specialty products for healthcare companies and the healthcare industry.
Amazing Therapy Treatments
Creating a full treatment regimen takes both time and expertise. Metronic is one of the biggest healthcare companies that specializes in developing and implementing medical treatments that work.
Their best healthcare therapies cover all aspects of healthcare solutions, including:
- Airway & Lung
- Digestive & Gastrointestinal
- Ear, Nose & Thoat
- Heart & Vascular
- Spine & Orthopaedic
- Urinary & Reproductive
Image Source: Medtronic | Top Healthcare Companies
Creating Meaningful Innovations
Something that continues to propel Medtronic forward as a leader and one of the best healthcare companies is their understanding of the connections between the different systems that healthcare companies work within.
Their “Further, Together” approach is designed to do just that. Drive progress in the healthcare solutions industry by partnering with people on the local, regional, and national levels of the health care system.
Piramal Healthcare Review
Piramal Healthcare is part of the larger Piramal Enterprises, which encompasses funding and investment solutions, packaging solutions, realty, and more. Their healthcare solutions were started in 1988 and have established this healthcare provider as one of the most respected names in the pharmaceuticals industry.
This is one of the top healthcare companies based in India that now has manufacturing bases across India, the U.K., Scotland, the U.S., and Canada. They specialize in health care services in the form of critical care products that are available in over 100 countries.
Highlights That Make Piramal Stand Out on Our Top List of Healthcare Provider Companies
Piramal Healthcare doesn’t just distribute cutting edge pharmaceuticals, they also produce over-the-counter consumer health products, which makes them one of the best healthcare companies to go to for multiple healthcare solutions in both the medical wholesale and consumer markets.
One of the major trends in 2017 is toward natural foods and healthcare solutions. People want natural ingredients in everything they take in.
Piramal understands this, and their PhytoMedicines™ division is focused on applying the rigours of modern science to the goodness of natural medicine to create the best new medical solutions from nature with no side effects.
Piramal Healthcare is one of the medical companies leading in critcal care solutions. They are one of the top healthcare companies in the field of anesthesia, being the world’s third largest producers of inhaled anesthetics used widely across Europe and the U.S.
Telekom Healthcare Solutions Review
Telekom Healthcare Solutions encompasses a wide array of healthcare provider solutions and services. If you visit their website, you’ll see they are involved in everything from hospitals to homecare to medical practice solutions and even health insurance technologies.
Their medical companies strategy began in 2010 and has grown rapidly since then, focusing on things like E-Health products, investing in new start-ups in the healthcare provider field, and making successful acquisitions to become one of Europe’s main healthcare solutions market leaders.
Highlights That Make Telekom Healthcare Solutions Stand Out on Our Top List of Healthcare Provider Companies
Telekom Healthcare Solutions, based in Germany, is truly one of the largest healthcare companies that works directly with patients in a number of areas. They even have technologies that work with the latest Fitbit activity tracking devices.
Smart Home Call Technology
One of the innovative services being developed by Telekom is a Smart Home Emergency Call System. This is a tool that can be used by medical companies and older people living on their own to call for help in any emergency. It is made to be a non-intrusive background device that won’t interfere with day-to-day living.
Dynamic Healthcare Center
Healthcare technology companies have nothing on Telekom when it comes to dynamic IT solutions for the health care system. They have created a number of technology standards specifically for medical companies that utilize the newest technologies. These include:
- Virtualization of computing and storage capacities
- Cloud technologies
- Security and data protection
- Flexible operating models
Walgreens Boots Alliance Review
The last of the top healthcare companies on our list is actually an alliance between two well-known medical companies. The Walgreens Boots Alliance was created in December of 2014 and coordinated the power of two iconic brands, one from the U.S. and one from the U.K.
They joined forces to become the largest retail pharmacy, health, and daily living healthcare provider across the USA and Europe. They have a presence in more than 25 countries and employ over 400,000 people, making them one of the largest healthcare companies in the world.
Image Source: Walgreens Boots Alliance | Medical Companies
Highlights That Make Walgreens Boots Alliance Stand Out on Our Top List of Top Healthcare Companies
When you’re a healthcare provider with a full portfolio of retail and business brands, such as No7, Botanics, Liz Earl, and Soap & Glory, as well as the Walgreens, Boots, and Alliance Healthcare, you’re going to make waves as one of the top healthcare companies.
Because Walgreens Boots Alliance has so many retail outlets, they’re able to positively affect a community unlike any of the other top healthcare companies.
In the U.S. alone, they operate 8,175 drugstores and note that 76 percent of the population in the USA lives within five miles of a company-owned retailer. This is one of the top medical companies that filled over 740 million prescriptions in 2016.
One business area of this health care provider that you may not be aware of is that Walgreens Boots Alliance also has a full bodied pharmaceutical wholesale division supporting medical companies around the world.
In addition to wholesale medicines and healthcare solutions products, they also provide services to pharma manufacturers, including logistics, dispensing, and clinical trial support.
Conclusion – Top 6 Best Medical Companies
Whether you are interested in retail healthcare solutions, the best R&D medical companies that can deliver innovative medicines, or those that are enabling patient and doctor interactions, these top healthcare companies all are on the cutting edge.
Healthcare solutions is one of those industries that is always in demand. Whether it is a hospital looking for healthcare technology companies to help them with digital solutions or a small community trying to find medical companies to serve the needs of their people.
One thing that these top healthcare companies all have in common is a desire to serve and help make people’s lives better. Some do it through creating new drugs, and others through one-to-one patient care, but all have the same goal: to provide the best healthcare possible in their field.
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