U.S. Healthcare Potentially Undervalued Companies

Addus HomeCare

Market Cap: US$1.7b

Provides personal care services to elderly, chronically ill, disabled persons, and individuals who are at risk of hospitalization or institutionalization in the United States.

Concentra Group Holdings Parent

Market Cap: US$2.9b

Provides occupational health services in the United States.

Enovis

Market Cap: US$1.4b

A medical technology company, focuses on developing clinically differentiated solutions in the United States and internationally.

DENTSPLY SIRONA

Market Cap: US$2.4b

Develops, manufactures, and markets dental equipment supported by cloud-enabled solutions, dental products, and healthcare consumable products in urology and enterology worldwide.

Cigna Group

Market Cap: US$73.4b

Provides insurance and related products and services in the United States.

Tenet Healthcare

Market Cap: US$17.6b

Operates as a diversified healthcare services company in the United States.

Varex Imaging

Market Cap: US$459.4m

Designs, manufactures, and sells X-ray imaging components.

WELL Health Technologies

Market Cap: US$981.2m

Operates as a practitioner-focused digital healthcare company in Canada, the United States, and internationally.

CONMED

Market Cap: US$1.1b

A medical technology company, develops, manufactures, and sells devices and equipment for surgical procedures.

Inogen

Market Cap: US$181.4m

A medical technology company, develops, manufactures, and markets respiratory health products in the United States and internationally.

GE HealthCare Technologies

Market Cap: US$33.3b

Engages in the development, manufacture, and marketing of products, services, and complementary digital solutions used in the diagnosis, treatment, and monitoring of patients in the United States, Canada, and internationally.

Becton Dickinson

Market Cap: US$44.3b

Develops, manufactures, and sells medical supplies, devices, laboratory equipment, and diagnostic products for healthcare institutions, physicians, life science researchers, clinical laboratories, pharmaceutical industry, and the general public worldwide.

Elevance Health

Market Cap: US$69.6b

Operates as a health benefits company in the United States.

LivaNova

Market Cap: US$3.5b

A medical technology company, designs, develops, manufactures, markets, and sells products, therapies, and services in the United States, the United Kingdom, Germany, France, Italy, the Netherlands, Spain, Belgium, Poland, Sweden, Switzerland, Austria, Norway, Portugal, Finland, Denmark, and internationally.

Siemens Healthineers

Market Cap: US$42.4b

Through its subsidiaries, develops, manufactures, and sells a range of diagnostic and therapeutic products and services to healthcare providers in Germany, the United States, rest of Europe, CIS, Africa, the Middle East, the Americas, the Asia Pacific, Japan, and China.

Orthofix Medical

Market Cap: US$498.6m

Operates as a medical technology company in the United States, Italy, the United Kingdom, France, Germany, Brazil, and internationally.

Haemonetics

Market Cap: US$2.7b

A medical technology company, provides a suite of hospital technologies solutions in the United States and internationally.

Encompass Health

Market Cap: US$10.8b

Operates inpatient rehabilitation hospitals in the United States and Puerto Rico.

Alphatec Holdings

Market Cap: US$1.7b

A medical technology company, designs, develops, and advances technologies for the surgical treatment of spinal disorders in the United States and internationally.

AMN Healthcare Services

Market Cap: US$714.8m

Provides technology-enabled healthcare workforce solutions and staffing services to acute and sub-acute care hospitals, and other healthcare facilities in the United States.

Universal Health Services

Market Cap: US$11.5b

Through its subsidiaries, owns and operates acute care hospitals, and outpatient and behavioral health care facilities in the United States.

Getinge

Market Cap: US$52.3b

Provides products and solutions for operating rooms, intensive-care units, and sterilization departments in Sweden and internationally.

Smith & Nephew

Market Cap: US$10.6b

Develops, manufactures, markets, and sells medical devices and services in the United Kingdom, the United States, and internationally.

ICU Medical

Market Cap: US$3.1b

Develops, manufactures, and sells medical products used in infusion therapy, vascular access, and vital care applications worldwide.

Baxter International

Market Cap: US$8.9b

Through its subsidiaries, provides a portfolio of healthcare products in the United States.

Surgery Partners

Market Cap: US$1.7b

Owns and operates a network of surgical facilities and ancillary services in the United States.

Inspire Medical Systems

Market Cap: US$1.6b

A medical technology company, focuses on the development and commercialization of minimally invasive solutions for patients with obstructive sleep apnea (OSA) in the United States and internationally.

Terumo

Market Cap: US$3.2t

Engages in the manufacture and sale of medical products and equipment in Japan, Europe, China, the United States, Asia, and internationally.

Sonic Healthcare

Market Cap: US$9.8b

Offers medical diagnostic services, and administrative services and facilities to medical practitioners in Australia, the United States, Germany, and internationally.

Summerset Group Holdings

Market Cap: US$2.2b

Develops, owns, and operates integrated retirement villages in New Zealand and Australia.

Chemed

Market Cap: US$5.4b

Provides hospice and palliative care services to patients through a network of physicians, doctors, registered nurses, home health aides, social workers, clergy, and volunteers primarily in the United States.

NovoCure

Market Cap: US$1.3b

An oncology company, engages in the development, manufacture, and commercialization of tumor treating fields (TTFields) devices for the treatment of solid tumor cancers in the United States, Germany, France, Japan, Greater China, and internationally.

Auna

Market Cap: US$442.6m

A healthcare service provider, operates hospitals and clinics in Mexico, Peru, and Colombia.

Terumo

Market Cap: US$3.2t

Engages in the manufacture and sale of medical products and equipment in Japan, Europe, China, the United States, Asia, and internationally.

Embecta

Market Cap: US$525.3m

A medical device company, provides solutions to improve the health and wellbeing of people living with diabetes in the United States and internationally.

Sonic Healthcare

Market Cap: US$9.8b

Offers medical diagnostic services, and administrative services and facilities to medical practitioners in Australia, the United States, Germany, and internationally.