The healthcare sector includes companies that produce medical goods, such as drugs and medical equipment, and companies that provide medical services, such as health insurance or hospital administration. Today we will discuss about Top 3 Medical Agencies of All Time in America.
Top 3 Medical Agencies of All Time in America
Top 3 Medical Agencies of All Time in America
1: CVS Health Corp.
CVS Health Corporation (formerly CVS Corporation and CVS Caremark Corporation) is an American healthcare company that owns the retail pharmacy chain CVS Pharmacy; CVS Caremark, a pharmacy benefits manager; and Aetna, a health insurance provider, among many other brands. The company is headquartered in Woonsocket, Rhode Island.
Consumer Value Stores was founded in 1963 by three partners: brothers Stanley and Sidney Goldstein and Ralph Hoagland, who formed a parent company, Mark Steven, Inc. venture, which helped retailers manage their health and beauty aid product lines. The business began as a chain of health and beauty aid stores, but within several years, pharmacies were added. To expand, the company joined the Melville Corporation, which owned several retail businesses.
2: UnitedHealth Group Inc. (UNH).
The company is ranked 11th in the 2022 Fortune Global 500. UnitedHealth Group has a market capitalization of $400.7 billion as of March 31, 2021.
UnitedHealth Group Incorporated is an American multinational managed healthcare and insurance company based in Minnetonka, Minnesota. It provides health care products and insurance services. UnitedHealth Group is the world’s seventh-largest company by revenue and the largest healthcare company by revenue, and the largest insurance company by net premiums. UnitedHealthcare’s revenue comprises 80% of the group’s total revenue.
3: McKesson Corp.
McKesson Corporation is an American company that distributes pharmaceuticals and provides health information technology, medical supplies and care management tools. The company distributes one-third of all pharmaceuticals used in North America and employs more than 78,000 people. McKesson had revenue of $238.2 billion for the fiscal year ending March 31, 2021.
McKesson is based in Irving, Texas, and distributes health care systems, medical supplies and pharmaceutical products. Additionally, McKesson provides comprehensive network infrastructure for the health care industry; Also, it was an early adopter of technologies such as bar-code scanning, pharmacy robotics and RFID tags for distribution. The company has been named in a federal lawsuit alleging profiting from the opioid epidemic in the United States.