1
UNH
2nd
Optum Health delivers clinical care through primary, specialty, surgical, chronic, and behavioral health services, operating in outpatient and clinic settings.
Unitedhealth
Healthcare Services
341.12 Bn
376.93
+0.43%
+12.58%
22.80
0.76
315.72 Bn
2
CVS
2nd
CVS delivers outpatient care through more than 1,000 walk-in and primary care medical clinics, including MinuteClinic and Oak Street Health value-based primary care centers.
Cvs Health
Healthcare Services
113.51 Bn
88.82
-1.61%
+19.35%
23.26
0.27
99.75 Bn
3
HCA
HCA Healthcare operates a vast network of 190 hospitals, including 179 general acute care hospitals with over 50,000 licensed beds, as well as behavioral and rehabilitation hospitals. Its primary revenue is generated from facility-based inpatient and surgical care reimbursed by Medicare, Medicaid, and private insurers.
HCA Healthcare
Hospitals
93.23 Bn
427.73
-0.33%
+6.65%
12.04
1.20
95.65 Bn
4
ELV
2nd
Through its Carelon Services segment, the company offers virtual care capabilities to internal and external clients as part of its whole health solutions.
Elevance Health
Telehealth
89.10 Bn
410.91
-0.83%
+30.13%
18.02
0.44
53.29 Bn
5
CI
2nd
The Evernorth Health Services segment provides care services including virtual care and behavioral health support, delivering clinical services remotely to patients.
Cigna
Telehealth
72.70 Bn
275.13
-0.29%
-6.34%
10.52
0.26
65.73 Bn
6
NTRA
Natera operates as a diagnostics company that provides clinical laboratory and genetic testing services, generating the vast majority of its revenue from processing millions of tests. Its business model involves performing molecular and bioinformatics analysis on patient samples for oncology, women's health, and organ health, billing for these diagnostic-testing services.
Natera
Diagnostic Labs
53.05 Bn
369.39
+0.84%
+105.38%
-275.26
19.60
51.95 Bn
7
HUM
2nd
Through its CenterWell segment, the company operates primary care clinics focused on seniors, such as Conviva Senior Primary Care and CenterWell Senior Primary Care, delivering outpatient healthcare services.
Humana
Healthcare Services
46.36 Bn
386.10
+0.41%
+45.78%
33.79
0.32
22.56 Bn
8
IDXX
2nd
The company operates outside reference laboratory services, providing diagnostic and consulting services to veterinary clinics and producers.
Idexx Laboratories
Diagnostic Labs
40.36 Bn
511.65
+1.02%
-21.95%
35.45
8.86
40.16 Bn
9
CNC
2nd
The company provides clinical healthcare services through its Community Medical Group and Denova Collaborative Health, as well as behavioral health services previously offered by Magellan Health.
Centene
Healthcare Services
32.16 Bn
65.10
-2.97%
+102.36%
-6.30
0.16
5.17 Bn
10
DGX
Quest Diagnostics provides clinical laboratory and diagnostic testing services, generating revenue primarily from fees charged for laboratory testing. The company offers a broad menu of routine and specialty tests in areas such as cardiology, oncology, and genetics.
Quest Diagnostics
Diagnostic Labs
27.19 Bn
246.39
-0.44%
+34.40%
25.23
2.35
26.87 Bn
11
LH
Labcorp's Diagnostics Laboratories segment performs over 750 million tests annually, providing clinical, genetic, and anatomic pathology services to physicians, hospitals, and patients. This core activity of running tests on patient samples and billing payers per test aligns directly with the Diagnostic Labs classification.
Labcorp Holdings
Diagnostic Labs
25.93 Bn
320.56
-0.71%
+15.66%
26.10
1.81
25.81 Bn
12
GH
Guardant Health operates clinical laboratories and generates revenue primarily from providing diagnostic testing services, such as the Guardant360 CDx and Shield tests, to healthcare providers and hospitals. The company bills payers and patients for these clinical laboratory services.
Guardant Health
Diagnostic Labs
23.97 Bn
179.38
-2.03%
+205.07%
-52.56
20.26
22.91 Bn
13
THC
Tenet Healthcare operates 50 acute care and specialty hospitals providing inpatient services such as emergency care, intensive care, and specialized treatments in cardiology and neurosciences. Revenue is generated from hospital admissions and surgical procedures reimbursed by Medicare, Medicaid, and commercial insurers.
Tenet Healthcare
Hospitals
21.09 Bn
261.97
-0.08%
+37.67%
9.76
0.97
21.07 Bn
14
LDOS
2nd
Through its managed health services, the company deploys a national footprint of health clinics and providers to conduct medical, disability, and behavioral health examinations for the Department of Veterans Affairs.
Leidos Holdings
Healthcare Services
16.02 Bn
127.64
-2.48%
-31.80%
11.53
0.91
15.32 Bn
15
TEM
Tempus AI operates a laboratory network that performs genomic and molecular testing, including next-generation sequencing and PCR, for oncology and cardiology patients. It generates primary revenue by providing these diagnostic testing services to hospitals, physicians, and other healthcare providers.
Tempus AI
Diagnostic Labs
13.64 Bn
77.84
-3.14%
-10.60%
-56.36
9.52
12.82 Bn
16
ICLR
2nd
The company operates a Laboratory Services segment that delivers high-value clinical testing services, including bioanalytical, biomarker, and central laboratory capabilities for vaccine development and oncology research.
Icon
Diagnostic Labs
12.57 Bn
164.11
-3.28%
-8.54%
16.54
1.52
11.64 Bn
17
EHC
Encompass Health is the largest owner and operator of inpatient rehabilitation hospitals, operating 173 facilities with 11,465 licensed beds. Its revenue is primarily derived from facility-based inpatient care reimbursed by Medicare, Medicaid, and private insurers.
Encompass Health
Hospitals
12.01 Bn
121.75
-1.09%
-2.86%
14.44
1.94
12.68 Bn
18
DVA
DaVita primarily operates a vast network of freestanding outpatient dialysis centers and provides physician practice management and specialty care for patients with end-stage renal disease. Its core revenue is generated from per-procedure dialysis treatments delivered in these outpatient clinic settings.
Davita
Healthcare Services
11.76 Bn
183.82
+0.33%
+41.15%
10.23
0.84
12.63 Bn
19
BTSG
BrightSpring delivers care in the home and residential settings, specifically providing home health, hospice, rehabilitation therapy, and personal care services. The profile explicitly states that it serves patients in their own homes, senior living communities, and skilled nursing facilities.
BrightSpring Health Services
Home Health and Senior Care
11.21 Bn
56.78
+0.32%
+108.37%
31.98
0.78
10.66 Bn
20
ENSG
The company generates approximately 95.6% of its revenue from the operation of skilled nursing facilities, providing short and long-term nursing care for the elderly and patients with chronic conditions. It also operates senior living units providing residential accommodations and assistance in activities of daily living.
Ensign
Home Health and Senior Care
10.13 Bn
173.91
-0.58%
+4.09%
26.59
1.85
9.82 Bn
21
UHS
Universal Health Services owns and operates 375 inpatient facilities, including 29 inpatient acute care hospitals and a surgical hospital. Revenue is generated from facility-based inpatient and surgical care reimbursed by Medicare, Medicaid, and commercial payers.
Universal Health Services
Hospitals
9.13 Bn
176.71
-2.29%
-6.06%
6.91
0.50
9.07 Bn
22
CAI
Caris Life Sciences generates primary revenue from selling molecular profiling tests, including tissue and blood-based genomic profiling (MI Profile, Caris Assure), to physicians and hospitals. This activity constitutes providing clinical laboratory and diagnostic testing services for cancer detection and treatment monitoring.
Caris Life Sciences
Diagnostic Labs
8.47 Bn
29.98
-3.04%
-10.32%
80.67
8.56
7.68 Bn
23
CHWY
2nd
Chewy provides remote clinical care and prescriptions through its 'Connect with a Vet' telehealth service, allowing customers to consult with licensed veterinarians.
Chewy
Telehealth
8.28 Bn
20.62
-1.39%
-46.33%
30.62
0.63
7.66 Bn
24
HNGE
Hinge Health delivers clinical musculoskeletal care and prescriptions remotely via a virtual care team of licensed physical therapists, physicians, and health coaches. Its revenue is generated through subscription contracts with employers and health plans for access to this remote care platform.
Hinge Health
Telehealth
7.61 Bn
94.89
+0.14%
+66.74%
69.79
10.57
7.22 Bn
25
PACS
PACS Group operates 321 post-acute care facilities providing skilled nursing care, assisted living, and independent living options. Its revenue is derived from Medicare, Medicaid, and private pay for services delivered in these residential settings.
Pacs
Home Health and Senior Care
6.67 Bn
42.15
+0.19%
+251.25%
24.76
1.20
6.51 Bn