![]() ![]() Strong companies can be found within each type of healthcare stock. They include hospitals, physician practices, home health companies, and long-term care (LTC) facilities. Healthcare provider stocks: Healthcare providers stand at the front lines delivering healthcare services to patients.Insurers charge premiums to individuals and employers to pay for healthcare costs, while PBMs administer prescription drug benefits for employers and health plans. Payer stocks: Payers, including health insurers and pharmacy benefits managers (PBMs), play an especially important role in the U.S.These devices range from simple ones such as disposable gloves and thermometers to the very complex, including artificial heart valves and robotic surgical systems. Medical device stocks: Medical device companies make devices used in the care of patients.Drug stocks range from huge companies with billions of dollars in sales each year to small biotechs with no products on the market yet. ![]() Biotechs use live organisms such as bacteria or enzymes to develop drugs, while pharmaceutical companies use chemicals. Drug stocks: Drugmakers focus on developing drugs for treating diseases.The healthcare sector is so broad that there are several different kinds of healthcare stocks.
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