Correcting and Replacing Healthcare Industry Stocks Release, BW1299, HEALTHCARE-MKTS-GRP.HILTON HEAD, SC--(BW HealthWire)--Jan. 5, 1999--HealthCare Markets Group, Inc., a healthcare advisory and investment banking firm released today its analysis of 1998 year-end share price performance for more than 1,000 public healthcare companies. The information is included in HealthCare Markets Group's upcoming Annual Healthcare Industry Report, which reviews the financial performance of public healthcare companies, in 35 market segments, over five-years. Healthcare industry share prices increased 1.9 percent in calendar year 1998. In calendar year 1997, share prices rose 10 percent, in 1996, share prices increased 2.7 percent, and in 1995 share prices increased 40 percent. The table below shows the percent of change in share price performance from 12/31/97 through 12/31/98. Healthcare Segment Percent Change Long Term Care -54.9% Home Health -43.8% Practice Management -38.1% Rehabilitation rehabilitation: see physical therapy. -37.4% Imaging Services -32.1% Imaging Devices -22.9% Durable Equipment -17.6% Providers Group -12.0% Other Devices -11.7% Pharmaceutical (under $100 mil.) -11.4% Monitoring -10.2% Dental Instruments Dental instruments refer to the tools which dental professionals use to provide dental treatment. They include tools to examine, manipulate, restore and remove teeth and surrounding oral structures. -9.7% Managed Care -6.7% Drug Delivery -6.2% Laboratory Services -5.6% Assisted Living as·sist·ed living n. A living arrangement in which people with special needs, especially older people with disabilities, reside in a facility that provides help with everyday tasks such as bathing, dressing, and taking medication. -5.4% Hospitals -1.2% Biotechnology (under $10 mil.) -1.0% Contract Research 0.1% Industry 1.9% Medical Devices Group 2.0% Analytical 2.2% Other Services 4.3% Information Services See Information Systems. 6.3% Out-Patient Services 6.8% Lasers 8.1% Diagnostics 9.1% Bio-Pharmaceutical Group 11.4% Hospital Products 12.6% Orthopedic 15.2% Cardiac 16.7% Surgical Devices 18.0% Catheter 20.4% Biotechnology (over $10 mil.) 25.3% Therapy 29.7% Pharmaceutical (over $100 mil.) 35.2% Respiratory 36.8% Generic Drug generic drug, a drug sold or prescribed under the nonproprietary name of its active ingredients or under a generally descriptive name rather than under a brand or trade name. 43.7% Drug Distribution 66.7% The Bio-Pharmaceutical Group registered an 11.4 percent increase for 1998, a slight decline from the 11.5 percent increase in 1997. The Bio-Pharmaceutical Group was led by a 66.7 percent increase by the Drug Distribution segment and a 32.5 percent gain by the Pharmaceutical (over $100 million in sales) segment. The Pharmaceutical (over $100 million in sales) segment ended the year with a market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. over $900 billion. Biotechnology companies Top 100 Biotechnology Companies The following is a list of the top 100 biotechnology companies ranked by revenue. The first nine companies qualify for the list of the top 50 pharmaceutical companies. with sales over $10 million were up 25.3 percent. The Medical Devices & Supplies Group posted a 2.0 percent increase for 1998, down from the 9.3 percent increase for 1997. Of the major segments, the Catheter segment, up, 20.4 percent, Cardiac segment, up 16.7 percent, and Hospital Products and Supplies segment, up 11.6 percent led performance. The Providers and Services Group posted a 12 percent decline in 1998, compared to an 8.3 percent increase in 1997. Group performance was led by the Out-Patient Services segment, up 6.8 percent, followed by the Information Services segment, up 6.3 percent. The full report can be reviewed at HealthCare Markets Group WebSite: http://www.healthcaremarkets.com . HealthCare Markets Group, Inc. works with its clients on strategic market studies, sell-side and buy-side representation, raising debt/equity, structuring alliances/joint ventures, valuations, due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. , restructurings, asset management, and IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. advisory work. HealthCare Markets Group has operations in Hilton Head, SC, Houston, TX, Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , CA and Naples, FL, with additional offices working with alliance partners in Atlanta, GA and Washington, D.C. |
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