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The 14 'fastest-growing' health care companies, according to Fortune


Fortune recently released its 37th annual "100 Fastest-Growing Companies" list, which included 14 health care companies.

Methodology

To qualify for this year's 100 fastest-growing companies list, a company was required to meet certain criteria, including:

  • Be trading on a major U.S. stock exchange
  • Report their data in U.S. dollars
  • File quarterly reports with the U.S. Securities and Exchange Commission
  • Have a market capitalization of at least $225 million and a minimum stock price of $5 on June 30, 2022
  • Have been trading continuously since June 30, 2019
  • Have revenue of at least $50 million and net income of at least $10 million for the four quarters on or before April 30, 2022
  • Have an annualized growth in revenue and earnings per share of at least 20% annually for three years as of April 30, 2022

Companies that met these criteria were then ranked by their revenue growth rate, EPS growth rate, and three-year annualized total return for the period ending June 30, 2022. Overall rankings were based on the sum of the initial three ranks. If there was a tie, the company with the larger revenue received the higher rank.

The fastest-growing health care companies

Of the 100 companies on Fortune's list, 14 companies, including three Advisory Board members, were named in the health care sector.

Medical products and equipment

18. Repligen (Waltham, MA)

59. Hologic* (Malborough, MA)

66. Dexcom (San Diego, CA)

71. PerkinElmer (Waltham, MA)

72. STAAR Surgical (Lake Forest, CA)

90. Danaher (Washington, D.C.)

98. Thermo Fisher Scientific (Waltham, MA)

Pharmaceuticals

10. Horizon Therapeutics (Dublin, Ireland)

31. Regeneron Pharmaceuticals (Tarrytown, NY)

39. Catalyst Pharmaceuticals (Coral Gables, FL)

60. Catalent (Somerset, NJ)

Health care: Pharmacy and other services

79. Cigna* (Bloomfield, CT)

91. AMN Healthcare Services* (Dallas, TX)

Health and wellness

61. Medifast (Baltimore, MD)

*denotes an Advisory Board member

(Gamble, Becker's Hospital Review, 10/28; Fortune "100 Fastest-Growing Companies" list, accessed 10/31; Fortune "Fastest-Growing Companies" 2022 methodology, accessed 10/31)


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