The Biggest Health Care Companies In The Fortune 500
The Biggest Health Care Companies In The Fortune 500
Pfizer just made the cut this year.
Pfizer just made the cut this year.
UnitedHealth Group
The largest U.S. health insurer has had a rough experience with Obamacare: It now plans to exit the Affordable Care Act marketplaces in 26 states due to mounting losses. That hasn't hurt its growth, however. UnitedHealth brought in revenues of $157.1 billion last year, up 20.4% from the year before, moving it up eight spots on the Fortune 500 to No. 6.
AmerisourceBergen
AmerisourceBergen is the second-largest distributor of pharmaceuticals in the U.S., after McKesson, and it had a good year in 2015 thanks to generic drug price inflation that helped boost sales. The company posted revenues of $136 billion, up 13.7% from 2014, and climbed four spots on the Fortune 500 to No. 12.
Johnson & Johnson
Johnson & Johnson may be best known for its trusted consumer brands like Johnson's Baby and Band-Aids, but the company also develops and sells medical devices and prescription drugs. The company faced a tumultuous year after a steep drop in sales of its hepatitis C drug, Olysio, and a costly court ruling against the company over claims that its talcum powder causes ovarian cancer. Its revenues dropped 5.7% last year to $70.1 billion. That pushed it down two spots on the Fortune 500 to No. 39.
Pfizer
Due to increased generic competition for some of its high-selling drugs like Celebrex, Pfizer faced a difficult year in 2015. The only pharmaceutical giant among the 10 biggest health care companies saw sales decline 1.5% to $48.9 billion. Despite the revenue drop, the company jumped a spot up on the Fortune 500 to No. 55.