Fortune on Monday released its 66th annual ranked list of the 500 companies that generated the most revenue in the previous fiscal year, and five health care systems—as well as dozens of other companies in the health care industry—made the list.
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Fortune compiled the list based on the total revenues of for-profit companies for their 2019 fiscal years. To be eligible for the list, companies must have filed financial documents with a state or federal agency.
This year's Fortune 500 companies have a total of $14.2 trillion in revenue, equivalent to more than two-thirds of the U.S. gross domestic product.
Fortune sorted companies on the list based on their sector. Within the health care sector, Fortune sorted companies based on different health care industries, including medical facility, insurance/managed care, and pharmaceutical.
Many health systems are organized as nonprofits, which are not eligible for inclusion on the Fortune 500.
The five health care providers on this year's top 500 list are:
The top 500 list also includes seven health insurance companies:
(The Daily Briefing is published by Advisory Board, a division of Optum, which is a wholly owned subsidiary of UnitedHealth Group. UnitedHealth Group separately owns the health insurance company UnitedHealthcare.)
Eleven pharmaceutical companies also made the top 500 list:
Walmart, which has been expanding into the health care field, once again topped the overall Fortune 500 list. Other health care-related companies in the top 500 spots on the list include:
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