Who Are the Most Profitable Publicly Trade Healthcare Providers?
The surprise about the top 20 most profitable publicly traded healthcare providers (according to the SEC) is that many of the names on the list are not the usual suspects, but generically named companies. United Surgical Partners International is ranked #1; this firm’s profit margin jumped from 3.8% in 2011 to 19.2% in 2012. Psychemedics Corp is #3, earning profits of almost 12% on gross revenue of $25 million. And #4, the blandly titled Laboratory Corporation of America, reported a margin of 10.3% on revenues of $5.67 billion. The business models of these lesser-known healthcare companies should be closely studied for their annual double-digit profit production earned in a time of confusion and controversy over healthcare costs and revenues.
John Howell, Editorial Director