In this article we are going to list the 10 biggest healthcare companies by revenue. For a detailed coverage of this topic and a more comprehensive list, please take a look at the 20 biggest healthcare companies by revenue.
10. Johnson & Johnson (NYSE:JNJ)
Total TTM revenue till September 2020 (in millions of dollars): 80,856
Johnson & Johnson has 250 subsidiaries and has operations in more than 50 countries across the world, while its products are sold in around 175 countries.
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9. Centene (NYSE:CNC)
Total TTM revenue till September 2020 (in millions of dollars): 101,690
Centene serves as an intermediary for private health care programs as well as healthcare programs sponsored by the government.
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8. Anthem (NYSE:ANTM)
Total TTM revenue till September 2020 (in millions of dollars): 117,540
Anthem provides health insurance to Americans, and is the largest for profit managed healthcare company belonging to the Blue Cross Blue Shield Association. It has more than 40 million members.
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7. Walgreen Boots Alliance (NASDAQ:WBA)
Total TTM revenue till September 2020 (in millions of dollars): 139,537
The company owns and operates many major pharmacy stores, as well as pharmaceutical manufacturing, wholesale and distribution companies. It has around 450,000 employees and saw fiscal earnings increase by 2.5% in 2020 as opposed to 2019.
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6. Cardinal Health (NYSE:CAH)
Total TTM revenue till September 2020 (in millions of dollars): 154,646
Cardinal Health has headquartered in both Dublin, USA and Dublin, Ireland, and distributes medical and pharmaceutical products, serving more than 100,000 locations through more than 50,000 employees.
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5. Cigna (NYSE:CI)
Total TTM revenue till September 2020 (in millions of dollars): 157,050
Cigna is a worldwide healthcare company headquartered in the US and provides Medicare and Medicaid health products as well as accident, health and life insurance.
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4. AmerisourceBergen (NYSE:ABC)
Total TTM revenue till September 2020 (in millions of dollars): 189,893
Founded by the merger of two major companies in 2001, AmerisourceBergen is mainly a drug wholesale company and provide their services in order to reduce costs and help improve patient outcomes. The company has 22,000 employees and is said to involved in handling around 20% of all pharmaceuticals sold in the US.
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3. McKesson (NYSE:MCK)
Total TTM revenue till September 2020 (in millions of dollars): 234,194
McKesson is the first company in our list to cross revenues of $200 billion and more than earns its spot in the largest healthcare businesses by revenue. Based in Irving, Texas, McKesson provide medical supplies, health information technology and care management tools, and has around 80,000 employees.
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2. UnitedHealth Group (NYSE:UNH)
Total TTM revenue till September 2020 (in millions of dollars): 251,085
A for-profit healthcare company, UnitedHealth Group provides healthcare products in addition to insurance services and has around 320,000 employees. It also holds total assets of more than $173 billion, while its net income was over $14 billion.
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1. CVS Health (NYSE:CVS)
Total TTM revenue till September 2020 (in millions of dollars): 266,041
Topping the list of the 10 biggest healthcare companies by revenue is CVS Health, which owns various major brands including CVS Pharmacy, CVS Caremark and Aetna, among many other brands. The company has nearly 10,000 locations and has around 300,000 employees as well. The acquisition of Aetna was made in 2018, which cost the company $69 billion. It is one of the biggest companies in the world, and was 5th on the Fortune 500 list and 13th on the Fortune 500 Global list.
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