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The Healthcare Industry in the US Includes Care Providers (Hospitals, Clinics, Doctors Offices, Nursing Homes) With Combined Annual Revenues of $900 Billion

Posted on: Wednesday, 22 March 2006, 12:00 CST

Research and Markets (http://www.researchandmarkets.com/reports/c34662) has announced the addition of Healthcare - Industry Profile to their offering.

The healthcare industry in the US includes care providers (hospitals, clinics, doctors offices, nursing homes) with combined annual revenues of $900 billion; manufacturers of drugs, medical devices, and other medical equipment and supplies, with combined annual revenues of $300 billion; private health insurers with annual revenues of $300 billion; and government health insurance programs like Medicare and Medicaid, with combined annual payments of $500 billion. The industry is highly fragmented. There are about 7,000 general hospitals; 15,000 nursing homes; 10,000 diagnostic laboratories; 30,000 outpatient clinics; 120,000 dentists' offices; 200,000 doctors' offices; and 1,000 drug manufacturers; 5,000 manufacturers of medical equipment and supplies; and 3,000 private health insurers.

Although a large majority of hospitals are operated by nonprofits, most doctor offices, nursing homes, insurers, and manufacturers of medical products are for-profit entities. The industry is one of the few in the US with large participation from the government, both as a direct-care provider through the Veterans Administration and other hospitals and clinics, and as an operator of health insurance and other payment programs like Medicare and Medicaid.

Healthcare providers compete based on location and reputation, and to a lesser extent on cost. Providers of health insurance plans compete mainly based on cost, with corporate customers footing a large part of the bill.

These easy-to-use, quarterly industry profiles provide you with the industry analysis you need to better understand any particular business. They synthesize information from hundreds of sources into an easy to digest format, giving you invaluable information about your target market, highlighting critical industry statistics and issues, changes that have taken place since the last quarterly update and key concerns that can have negative or positive impacts on investments. Utilizing the financial and forecasting data while simultaneously learning from educational business overviews can help you and your customers plan more effectively and invest wisely.

These industry reports will educate your sales team on critical industry trends in target markets, empowering them to create more strategic proposals. These industry reports are also essential for professional organizations that want make savvy, educated business decisions.

Key topics covered include:

-- Industry Overview

-- Quarterly Industry Update

-- Business Challenges

-- Trends and Opportunities

-- Call Preparation Questions

-- Financial Information

-- Industry Forecast

-- Website and Media Links

-- Glossary of Acronyms

For more information visit http://www.researchandmarkets.com/reports/c34662

Source: Business Wire

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