Of these 300 US HCRCs, 39 of them had Stock Market Caps now of more than $25 bil. These 39 names are very familiar to just about everyone. Their Total Audited Earnings From Continuing Operations in 2014 of $114 bil were up a very impressive 13% over 2013 and up 21% over 2012, as you can see in the below chart, which is presented in Stock Market Cap order:
| 2014 | 2013 | 2012 | ||||
| 2014 | Audited | Audited | Audited | |||
| Most | Net | Net | Net | |||
| Recent | Income | Income | Income | |||
| US Health Care Companies | HQs | FYE | (Loss) | (Loss) | (Loss) | |
| Market Caps Above $25 Bil | CITY | ST | mil $s | mil $s | mil $s | |
| Johnson & Johnson | New Brunswick | NJ | Dec | 16,323 | 13,831 | 10,514 |
| Pfizer | New York | NY | Dec | 9,119 | 11,410 | 9,021 |
| Gilead Sciences | Foster City | CA | Dec | 12,059 | 3,057 | 2,574 |
| Merck | Whitehouse Station | NJ | Dec | 11,934 | 4,517 | 6,299 |
| Allergan plc (was Actavis) | Parsippany | NJ | Dec | (1,630) | (751) | 98 |
| Amgen | Thousand Oaks | CA | Dec | 5,158 | 5,081 | 4,345 |
| CVS Health | Woonsocket | RI | Dec | 4,645 | 4,600 | 3,869 |
| UnitedHealth Group | Minnetonka | MN | Dec | 5,619 | 5,673 | 5,526 |
| Bristol-Myers Squibb | New York | NY | Dec | 2,029 | 2,580 | 2,501 |
| AbbVie | North Chicago | IL | Dec | 1,774 | 4,128 | 5,275 |
| Medtronic plc | Minneapolis | MN | Apr 15 | 2,675 | 3,065 | 3,467 |
| 3M Co | St Paul | MN | Dec | 4,998 | 4,721 | 4,511 |
| Biogen Idec | Cambridge | MA | Dec | 2,942 | 1,862 | 1,380 |
| Celgene | Summit | NJ | Dec | 2,000 | 1,450 | 1,456 |
| Eli Lilly | Indianapolis | IN | Dec | 2,391 | 4,685 | 4,089 |
| Walgreens | Deerfield | IL | Aug | 2,031 | 2,450 | 2,127 |
| Abbott Laboratories | Abbott Park | IL | Dec | 1,721 | 1,988 | 237 |
| Express Scripts | St Louis | MO | Dec | 2,035 | 1,926 | 1,362 |
| Allergan | Irvine | CA | Dec | 1,533 | 1,273 | 1,101 |
| Regeneron Pharmaceuticals | Tarrytown | NY | Dec | 348 | 424 | 750 |
| McKesson | San Francisco | CA | Mar 15 | 1,842 | 1,414 | 1,363 |
| Thermo Fisher Scientific | Waltham | MA | Dec | 1,896 | 1,279 | 1,258 |
| Covidien plc | Mansfield | MA | Sep | 1,662 | 1,600 | 1,637 |
| Aetna | Hartford | CT | Dec | 1,912 | 1,912 | 1,660 |
| Anthem | Indianapolis | IN | Dec | 2,560 | 2,634 | 2,651 |
| Cigna | Bloomfield | CT | Dec | 1,478 | 1,478 | 1,624 |
| Baxter Intl | Deerfield | IL | Dec | 1,946 | 2,012 | 2,326 |
| Alexion Phramaceuticals | Cheshire | CT | Dec | 253 | 253 | 255 |
| Stryker | Kalamazoo | MI | Dec | 515 | 1,006 | 1,298 |
| HCA | Nashville | TN | Dec | 2,373 | 1,996 | 2,006 |
| Mylan NV | Canonsburg | PA | Dec | 933 | 627 | 643 |
| Illumina | San Diego | CA | Dec | 353 | 125 | 151 |
| Vertex Pharmaceuticals | Cambridge | MA | Dec | (742) | (504) | 32 |
| Becton Dickinson | Franklin Lakes | NJ | Sep | 1,185 | 929 | 1,110 |
| Humana | Louisville | KY | Dec | 1,147 | 1,231 | 1,222 |
| Cardinal Health | Dublin | OH | Jun | 1,163 | 335 | 1,070 |
| Zoetis | Florham Park | NJ | Dec | 587 | 503 | 436 |
| Perrigo plc | Allegan | MI | Jun | 205 | 442 | 393 |
| AFLAC | Columbus | GA | Dec | 2,951 | 3,158 | 2,866 |
| Total all 39 | 113,923 | 100,400 | 94,503 | |||
| … 2014 Earnings % Increase Over 2013 | 13% | |||||
| … 2014 Earnings % Increase Over 2012 | 21% | |||||
When you analyze the above earnings numbers, the stickout winners in blowout earnings growth are California HQed HCRCs, followed by Massachusetts HCRCs. There is clearly something to the Biotechnology Explosion during the Obama Administration and the ACA.
So what about the huge number of 261 US HCRCs with Market Caps between $1 bil and $25 bil now? How have they done since the 2008/9 US Financial Meltdown?
Well, the Total 2014 Audited Earnings of these 261 US HCRCs were up 315% above 2008, before the ACA was enacted.
OK, that's cool, but what about the even smaller Market Caps ..... say the 230 with Market Caps now between $1 bil and $10 bil.
This is where it gets particularly telling.
These 230 US HCRCs with Market Caps Between $1 bil and $10 bil generated Total 2014 Audited Earnings which were up more than 15 TIMES such amounts reported in 2008 before the ACA took effect. Do you think these US HCRCs might be elated with how the ACA has worked out for them? The only thing that would make them much happier is if all US States would pass something similar to Medicaid Expansion ..... their earnings would continue their upward explosion and for many years.
Below here are the reported US GAAP Audited Net Income (Losses) From Continuing Operations for each of these 261 US HCRCs with Market Caps of $1 bil to $25 bil for all of their fiscal years' amounts reported from 2008 through 2014, presented in Stock Market Cap order:
| 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | ||||
| 2014 | Audited | Audited | Audited | Audited | Audited | Audited | Audited | |||
| Most | Net | Net | Net | Net | Net | Net | Net | |||
| Recent | Income | Income | Income | Income | Income | Income | Income | |||
| US Health Care Companies | CITY | FYE | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | (Loss) | |
| Market Caps $1 Bil to $25 Bil | HQs | ST | mil $s | mil $s | mil $s | mil $s | mil $s | mil $s | mil $s | |
| Boston Scientific | Natick | MA | Dec | (119) | (121) | (4,068) | 441 | (1,065) | (1,025) | (2,036) |
| Cerner | North Kansas City | MO | Dec | 525 | 398 | 397 | 307 | 237 | 193 | 189 |
| AmeriourceBergen | Chesterbrook | PA | Sep | 284 | 493 | 761 | 697 | 627 | 509 | 458 |
| Health Care REIT | Toledo | OH | Dec | 358 | 87 | 181 | 117 | 43 | 108 | 93 |
| BioMarin Pharmaceutical | San Rafael | CA | Dec | (134) | (176) | (114) | (54) | 206 | (1) | 31 |
| St Jude Medical | Saint Paul | MN | Dec | 955 | 692 | 752 | 826 | 907 | 777 | 353 |
| Ventas | Chicago | IL | Dec | 457 | 491 | 308 | 362 | 217 | 193 | 177 |
| Pharmacyclics | Sunnyvale | CA | Dec | 86 | 67 | 12 | (35) | (15) | (23) | (24) |
| Zimmer Holdings | Warsaw | IN | Dec | 719 | 759 | 753 | 760 | 597 | 717 | 850 |
| Incyte | Wilmington | DE | Dec | (48) | (83) | (44) | (187) | (32) | (212) | (179) |
| Mead Johnson Nutrition | Glenview | IL | Dec | 729 | 689 | 588 | 519 | 458 | 411 | 401 |
| Intuitive Surgical | Sunnyvale | CA | Dec | 418 | 671 | 657 | 495 | 382 | 233 | 204 |
| DaVita HealthCare Partners | Denver | CO | Dec | 863 | 744 | 641 | 577 | 484 | 479 | 421 |
| Endo International plc | Malvern | PA | Dec | (724) | (536) | (694) | 194 | 266 | 266 | 255 |
| HCP | Irvine | CA | Dec | 907 | 911 | 801 | 536 | 304 | 87 | 223 |
| Principal Financial Group | Des Moines | IA | Dec | 1,176 | 936 | 825 | 689 | 681 | 580 | 437 |
| Hospira | Lake Forest | IL | Dec | 333 | (8) | 44 | (9) | 357 | 404 | 321 |
| Edwards Lifesciences | Irvine | CA | Dec | 811 | 389 | 292 | 237 | 218 | 229 | 129 |
| Agilent Technologies | Santa Clara | CA | Oct | 504 | 724 | 1,153 | 1,012 | 684 | (31) | 693 |
| Universal Health Services | King of Prussia | PA | Dec | 605 | 554 | 489 | 449 | 276 | 304 | 234 |
| Catamaran | Lisle | IL | Dec | 374 | 299 | 121 | 92 | 65 | 46 | 15 |
| CR Bard | Murray Hill | NJ | Dec | 295 | 690 | 530 | 328 | 510 | 461 | 419 |
| CareFusion | San Diego | CA | Jun | 417 | 389 | 361 | 299 | 161 | 288 | 312 |
| Henry Schein | Melville | NY | Dec | 505 | 471 | 423 | 405 | 352 | 330 | 269 |
| Laboratory Corp America | Burlington | NC | Dec | 513 | 575 | 585 | 533 | 572 | 556 | 478 |
| Jazz Pharmaceuticals plc | Palo Alto | CA | Dec | 57 | 216 | 261 | 125 | 33 | (7) | (184) |
| Salix Pharmaceuticals | Raleigh | NC | Dec | (415) | 131 | 64 | 87 | (27) | (44) | (48) |
| Waters Corporation | Milford | MA | Dec | 432 | 450 | 461 | 433 | 382 | 323 | 322 |
| Hologic | Bedford | MA | Sep | 17 | (1,173) | (74) | 157 | (63) | (2,217) | (416) |
| IMS Health Holdings | Danbury | CT | Dec | (189) | 82 | (42) | 111 | (202) | 208 | 317 |
| Quest Diagnostics | Madison | NJ | Dec | 587 | 848 | 666 | 507 | 759 | 767 | 664 |
| Alnylam Pharmaceuticals | Cambridge | MA | Dec | (360) | (89) | (106) | (58) | (44) | (48) | (26) |
| Mettler-Toledo | Columbus | OH | Dec | 338 | 306 | 291 | 269 | 232 | 173 | 203 |
| Centene | St Louis | MO | Dec | 261 | 162 | 76 | 117 | 94 | 89 | 84 |
| Unum Group | Chattanooga | TN | Dec | 413 | 858 | 894 | 284 | 879 | 847 | 553 |
| Omnicare | Cincinnati | OH | Dec | 184 | 85 | 172 | 143 | 6 | 216 | 130 |
| Quintiles Transnational | Durham | NC | Dec | 357 | 226 | 177 | 240 | 165 | 210 | 35 |
| Medivation | San Francisco | CA | Dec | 276 | (43) | (41) | (39) | (34) | (55) | (62) |
| Synageva BioPharma | Lexington | MA | Dec | (193) | (95) | (43) | (25) | (11) | (11) | (22) |
| Rite Aid | Camp Hill | PA | Feb 15 | 2,109 | 249 | 118 | (369) | (555) | (507) | (2,912) |
| Varian Medical Systems | Palo Alto | CA | Sep | 404 | 438 | 427 | 409 | 367 | 331 | 295 |
| The Cooper Companies | Pleasanton | CA | Oct | 272 | 297 | 249 | 175 | 113 | 101 | 65 |
| United Therapeutics | Silver Spring | MD | Dec | 340 | 175 | 304 | 217 | 111 | 19 | (50) |
| ResMed | San Diego | CA | Jun | 345 | 307 | 255 | 227 | 190 | 146 | 110 |
| Fitbit | San Francisco | CA | Dec | 132 | (52) | (4) | (4) | (1) | ||
| Isis Pharmaceuticals | Carlsbad | CA | Dec | (39) | (61) | (65) | (85) | (61) | (35) | (15) |
| DENTSPLY | York | PA | Dec | 323 | 318 | 318 | 247 | 267 | 274 | 283 |
| Envision Healthcare | Greenwood Village | CO | Dec | 120 | 11 | 41 | 34 | 132 | 115 | 85 |
| Opko Health | Miami | FL | Dec | (175) | (117) | (30) | (6) | (13) | (24) | (32) |
| MEDNAX | Sunrise | FL | Dec | 317 | 281 | 241 | 218 | 203 | 176 | 147 |
| Brookdale Senior Living | Brentwood | TN | Dec | (149) | (4) | (66) | (68) | (49) | (66) | (373) |
| Community Health Systems | Franklin | TN | Dec | 260 | 242 | 358 | 343 | 356 | 306 | 238 |
| Omega Healthcare Investors | Hunt Valley | MD | Dec | 221 | 173 | 121 | 47 | 49 | 82 | 78 |
| Intercept Pharmaceuticals | New York | NY | Dec | (283) | (68) | (44) | (13) | (15) | ||
| DexCom | San Diego | CA | Dec | (22) | (30) | (55) | (45) | (55) | (54) | (59) |
| IDEXX Laboratories | Westbrook | ME | Dec | 182 | 188 | 178 | 162 | 141 | 122 | 116 |
| PerkinElmer | Waltham | MA | Dec | 161 | 174 | 71 | 1 | 139 | 73 | 45 |
| Covance | Princeton | NJ | Dec | 186 | 179 | 95 | 132 | 68 | 176 | 197 |
| Seattle Genetics | Bothell | WA | Dec | (76) | (63) | (54) | (152) | (66) | (82) | (86) |
| Receptos | San Diego | CA | Dec | (115) | (48) | (18) | (6) | |||
| Nuance Communications | Burlington | MA | Sep | (150) | (115) | 207 | 38 | (19) | (19) | (37) |
| Sirona Dental Systems | Long Island City | NY | Sep | 177 | 149 | 136 | 124 | 91 | 54 | 30 |
| Teleflex | Limerick | PA | Dec | 191 | 152 | (182) | 119 | 88 | 124 | 56 |
| Tenet Healthcare | Dallas | TX | Dec | 98 | (93) | 209 | 103 | 1,135 | 228 | 79 |
| Premier | Charlotte | NC | Dec | 333 | 375 | 327 | 312 | 299 | ||
| bluebird bio | Cambridge | MA | Dec | (49) | (25) | (24) | (16) | |||
| Acadia Healthcare | Franklin | TN | Dec | 83 | 43 | 21 | (35) | 6 | 3 | (2) |
| Intrexon | Germantown | MD | Dec | (86) | (41) | (82) | (85) | |||
| NPS Pharmaceuticals | Bedminster | NJ | Dec | (9) | (14) | (19) | (36) | (31) | (18) | (32) |
| Herbalife Ltd | Los Angeles | CA | Dec | 309 | 528 | 464 | 415 | 293 | 202 | 221 |
| Horizon Pharma | Deerfield | IL | Dec | (264) | (149) | (88) | (113) | (27) | (21) | (28) |
| Align Technology | San Jose | CA | Dec | 146 | 64 | 59 | 67 | 74 | (31) | 80 |
| Patterson | St Paul | MN | Apr 15 | 223 | 201 | 210 | 213 | 225 | 212 | 200 |
| Health Net | Woodland Hills | CA | Dec | 146 | 170 | 26 | 72 | 204 | (49) | 95 |
| Akorn | Lake Forest | IL | Dec | 36 | 52 | 35 | 43 | 22 | (25) | (8) |
| Team Health Holdings | Knoxville | TN | Dec | 98 | 88 | 64 | 66 | 7 | 35 | 41 |
| Assurant | New York | NY | Dec | 471 | 489 | 484 | 539 | 279 | 433 | 447 |
| VCA Inc | Los Angeles | CA | Dec | 141 | 143 | 51 | 100 | 114 | 136 | 137 |
| athenahealth | Watertown | MA | Dec | (3) | 3 | 19 | 19 | 13 | 9 | 32 |
| Alere | Waltham | MA | Dec | (168) | (53) | (78) | (133) | (1,027) | 32 | (21) |
| Cepheid | Sunnyvale | CA | Dec | (50) | (18) | (20) | 3 | (6) | (23) | (22) |
| Bio-Rad Laboratories | Hercules | CA | Dec | 89 | 78 | 166 | 179 | 187 | 149 | 98 |
| MAXIMUS | Reston | VA | Sep | 145 | 117 | 76 | 82 | 69 | 54 | 29 |
| ACADIA Pharmaceuticals | San Diego | CA | Dec | (92) | (38) | (21) | (23) | 15 | (45) | (64) |
| HEALTHSOUTH | Birmingham | AL | Dec | 276 | 383 | 231 | 206 | 931 | 110 | 250 |
| Juno Therapeutics | Seattle | WA | Dec | (243) | (52) | |||||
| West Pharmaceutical Services | Exton | PA | Dec | 127 | 112 | 81 | 76 | 65 | 73 | 87 |
| Senior Housing Properties Trust | Newton | MA | Dec | 156 | 146 | 132 | 151 | 116 | 110 | 107 |
| Neurocrine Biosciences | San Diego | CA | Dec | (61) | (46) | 5 | 38 | (8) | (51) | (89) |
| Inovalan Holdings | Bowie | MD | Dec | 65 | 33 | 55 | 25 | |||
| BioMed Realty Trust | San Diego | CA | Dec | 201 | 47 | 16 | 42 | 38 | 58 | 61 |
| Life Time Fitness | Chanhassen | MN | Dec | 114 | 121 | 111 | 93 | 81 | 72 | 72 |
| GNC Holdings | Pittsburgh | PA | Dec | 256 | 265 | 240 | 132 | 97 | 70 | 55 |
| Agios Pharmaceuticals | Cambridge | MA | Dec | (54) | (39) | (20) | (24) | |||
| Steris | Mentor | OH | Mar 15 | 135 | 129 | 160 | 136 | 51 | 128 | 111 |
| Molina Healthcare | Long Beach | CA | Dec | 63 | 45 | 13 | 21 | 55 | 31 | 60 |
| Puma Biotechnology | Los Angeles | CA | Dec | (142) | (55) | (74) | (10) | (0) | ||
| WellCare Health Plans | Tampa | FL | Dec | 64 | 175 | 185 | 264 | (53) | 40 | (37) |
| Dyax | Burlington | MA | Dec | (12) | (28) | (29) | (35) | (25) | (62) | (66) |
| Catalent | Somerset | NJ | Jun | 18 | (51) | 18 | (51) | 18 | (29) | (217) |
| CNO Financial Group | Carmel | IN | Dec | 51 | 478 | 221 | 336 | 241 | 20 | (483) |
| Bio-Techne | Minneapolis | MN | Jun | 111 | 113 | 112 | 112 | 109 | 105 | 104 |
| PAREXEL Intl | Waltham | MA | Jun | 129 | 96 | 63 | 49 | 42 | 39 | 65 |
| Ultragenyx Pharmaceutical | Novato | CA | Dec | (60) | (35) | (16) | (7) | |||
| FEI Company | Hillsboro | OR | Dec | 105 | 127 | 115 | 104 | 54 | 23 | 18 |
| VWR Corp | Radnor | PA | Dec | 153 | 14 | 4 | 58 | 22 | (14) | |
| Bruker Corp | Billerica | MA | Dec | 60 | 82 | 78 | 94 | 97 | 81 | 65 |
| Avanir Pharmaceuticals | Aliso Viejo | CA | Sep | (50) | (75) | (60) | (60) | (27) | (22) | (16) |
| Charles River Laboratories | Wilmington | MA | Dec | 130 | 105 | 102 | 116 | (334) | 111 | (528) |
| Anacor Pharmaceuticals | Palo Alto | CA | Dec | (87) | 85 | (56) | (48) | (10) | (25) | (22) |
| Lifepoint Health | Brentwood | TN | Dec | 134 | 132 | 156 | 166 | 159 | 142 | 129 |
| AmSurg | Nashville | TN | Dec | 246 | 254 | 216 | 189 | 177 | 173 | 158 |
| Impax Laboratories | Hayward | CA | Dec | 57 | 101 | 56 | 65 | 250 | 50 | 16 |
| StanCorp | Portland | OR | Dec | 219 | 229 | 139 | 137 | 186 | 206 | 161 |
| Auspex Pharmaceuticals | San Diego | CA | Dec | (60) | (16) | (15) | (3) | |||
| Hill-Rom Holdings | Batesville | IN | Sep | 61 | 105 | 121 | 134 | 126 | (405) | 67 |
| Medidata Solutions | New York | NY | Dec | 6 | 17 | 18 | 39 | 23 | 5 | (18) |
| Emdeon | Nashville | TN | Dec | (76) | (74) | (78) | (36) | 33 | 14 | 12 |
| Healthcare Trust of America | Scottsdale | AZ | Dec | 46 | 25 | (24) | 6 | (8) | (25) | (28) |
| Novavax | Rockville | MD | Dec | (83) | (52) | (29) | (19) | (36) | (40) | (35) |
| Clovis Oncology | Boulder | CO | Dec | (160) | (85) | (74) | (56) | (38) | (17) | |
| Nu Skin Enterprises | Provo | UT | Dec | 189 | 365 | 222 | 153 | 136 | 90 | 65 |
| ABIOMED | Danvers | MA | Mar | 7 | 15 | 1 | (12) | (19) | (32) | (41) |
| Insys Therapeutics | Phoenix | AZ | Dec | 38 | 40 | (24) | (19) | (14) | (14) | (27) |
| Medical Properties Trust | Birmingham | AL | Dec | 51 | 89 | 73 | 12 | 1 | 21 | 9 |
| Diplomat Pharmacy | Flint | MI | Dec | 5 | (26) | (3) | 9 | (8) | 3 | |
| Kite Pharma | Santa Monica | CA | Dec | (43) | (6) | (3) | ||||
| Halozyme Therapeutics | San Diego | CA | Dec | (68) | (83) | (54) | (20) | (53) | (58) | (49) |
| Pacira Pharmaceutics | Parsippany | NJ | Dec | (14) | (64) | (52) | (43) | (27) | (32) | (42) |
| Exact Sciences | Madison | WI | Dec | (100) | (47) | (52) | (29) | (12) | (9) | (10) |
| Allscripts Healthcare Solutions | Chicago | IL | Dec | (66) | (104) | (1) | 74 | 63 | 26 | 25 |
| Celldex Therapeutics | Needham | MA | Dec | (118) | (82) | (59) | (45) | (3) | (37) | (48) |
| Prestige Brand Holdings | Tarrytown | NY | Mar 15 | 78 | 73 | 66 | 37 | 29 | 32 | (190) |
| INC Research Holdings | Raleigh | NC | Dec | (23) | (42) | (59) | (60) | |||
| Globus Medical | Audubon | PA | Dec | 92 | 69 | 74 | 61 | 54 | 52 | 21 |
| MWI Veterinary Supply | Boise | ID | Sep | 72 | 63 | 53 | 43 | 33 | 25 | 20 |
| Thoratec | Pleasanton | CA | Dec | 50 | 73 | 56 | 72 | 53 | 29 | 18 |
| Portola Pharmaceuticals | South San Francisco | CA | Dec | (137) | (83) | 11 | 20 | |||
| MannKind | Valencia | CA | Dec | (198) | (191) | (169) | (161) | (171) | (220) | (303) |
| Radius Health | Waltham | MA | Dec | (62) | (61) | (69) | (42) | (15) | (15) | (22) |
| Healthcare Services Group | Bensalem | PA | Dec | 22 | 47 | 44 | 38 | 34 | 30 | 27 |
| Myriad Genetics | Salt Lake City | UT | Jun | 176 | 147 | 112 | 101 | 152 | 136 | 74 |
| NuVasive | San Diego | CA | Dec | (17) | 7 | 2 | (71) | 77 | 4 | (28) |
| National Health Investors | Murfreesboro | TN | Dec | 103 | 79 | 73 | 70 | 59 | 54 | 50 |
| Healthcare Realty Trust | Nashville | TN | Dec | 34 | (13) | (1) | (12) | (7) | 13 | 12 |
| Tesaro | Waltham | MA | Dec | (171) | (92) | (62) | (16) | (9) | ||
| The Advisory Board Company | Washington DC | DC | Mar | 25 | 23 | 23 | 18 | 12 | 21 | 32 |
| Integra LifeSciences | Plainsboro | NJ | Dec | 34 | (21) | 41 | 28 | 66 | 51 | 28 |
| Theravance | South San Francisco | CA | Dec | (74) | (31) | (31) | (115) | (84) | (85) | (94) |
| Cantel Medical | Little Falls | NJ | Jul | 43 | 39 | 31 | 20 | 20 | 16 | 9 |
| Chemed | Cincinnati | OH | Dec | 99 | 77 | 89 | 86 | 82 | 74 | 68 |
| Aduro BioTech | Berkeley | CA | Dec | (17) | (16) | (9) | ||||
| AMAG Pharmaceuticals | Lexington | MA | Dec | 136 | (10) | (17) | (77) | (81) | (93) | (72) |
| Lannett Company | Philadelphia | PA | Jun | 57 | 13 | 4 | (0) | 8 | 7 | (2) |
| Haemonetics | Braintree | MA | Mar | 35 | 39 | 67 | 80 | 58 | 59 | 52 |
| Select Medical Holdings | Mechanicsburg | PA | Dec | 128 | 123 | 154 | 113 | 82 | 79 | 26 |
| PRA Health Sciences | Raleigh | NC | Dec | (36) | (88) | (3) | 17 | (0) | ||
| Owens & Minor | Mechanicsville | VA | Dec | 67 | 111 | 109 | 115 | 111 | 117 | 101 |
| Aviv REIT | Chicago | IL | Dec | 45 | 23 | 4 | 12 | 37 | 33 | 16 |
| Biomet | Warsaw | IN | May | 76 | (623) | (459) | (850) | (48) | (749) | (1,019) |
| Sage Therapeutics | Cambridge | MA | Dec | (34) | (18) | (10) | ||||
| Masimo | Irvine | CA | Dec | 74 | 56 | 62 | 64 | 73 | 54 | 32 |
| Chimerix | Durham | NC | Dec | (59) | (36) | (4) | (26) | (25) | (13) | |
| Halyard Health | Alpharetta | GA | Dec | 27 | 155 | 153 | 142 | 88 | 162 | |
| The Medicines Company | Parsippany | NJ | Dec | (32) | 15 | 51 | 128 | 105 | (76) | (9) |
| Ligand Pharmaceuticals | La Jolla | CA | Dec | 11 | 9 | (3) | 10 | (13) | (8) | (97) |
| Kythera Biopharmaceuticals | Calabasas | CA | Dec | (136) | (52) | (37) | (11) | (16) | (15) | (20) |
| Magellan Health Services | Scottsdale | AZ | Dec | 74 | 125 | 151 | 130 | 139 | 107 | 86 |
| Axovant Sciences Ltd | New York | NY | Dec | (11) | ||||||
| Adeptus Health | Lewisville | TX | Dec | (17) | (3) | 3 | ||||
| Esperion Therapeutics | Ann Arbor | MI | Dec | (36) | (26) | (12) | (11) | |||
| Alder Biopharmaceuticals | Bothell | WA | Dec | 9 | (21) | (18) | (13) | |||
| HealthEquity | Draper | UT | Jan 15 | 10 | 1 | 11 | ||||
| Seres Therapeutics | Cambridge | MA | Dec | (17) | (6) | (3) | ||||
| MSA Safety Inc | Cranberry Township | PA | Dec | 86 | 85 | 88 | 70 | 39 | 43 | 70 |
| Neogen | Lansing | MI | May | 28 | 27 | 22 | 23 | 18 | 14 | 12 |
| Kindred Healthcare | Louisville | KY | Dec | 5 | (41) | (46) | (56) | 56 | 63 | 60 |
| Nektar Therapeutics | San Francisco | CA | Dec | (54) | (162) | (172) | (134) | (38) | (103) | (34) |
| Insulet | Bedford | MA | Dec | (52) | (45) | (52) | (57) | (61) | (72) | (95) |
| Usana Health Sciences | Salt Lake City | UT | Dec | 77 | 79 | 66 | 51 | 46 | 34 | 30 |
| PTC Therapeutics | South Plainfield | NJ | Dec | (94) | (52) | (26) | 31 | |||
| American Realty Capital Healthcare Trust II | New York | NY | Dec | (38) | (0) | (0) | ||||
| Ophthotech | New York | NY | Dec | (98) | (51) | (15) | (19) | |||
| Ironwood Pharmaceuticals | Cambridge | MA | Dec | (190) | (273) | (73) | (65) | (56) | (60) | (47) |
| WebMD Health Corp | New York | NY | Dec | 41 | 15 | (23) | 64 | 52 | 72 | 467 |
| Air Methods | Englewood | CO | Dec | 99 | 63 | 93 | 47 | 43 | 27 | 16 |
| ExamWorks Group | Atlanta | GA | Dec | 10 | (10) | (15) | (8) | (6) | (4) | (2) |
| Ariad Pharmaceuticals | Cambridge | MA | Dec | (163) | (274) | (221) | (124) | 85 | (80) | (71) |
| Tetraphase Pharmaceuticals | Watertown | MA | Dec | (67) | (30) | (15) | (22) | (17) | ||
| Griffin-American Healthcare REIT III | Irvine | CA | Dec | (9) | ||||||
| CONMED | Utica | NY | Dec | 32 | 36 | 40 | 1 | 30 | 12 | 40 |
| Spark Therapeutics | Philadelphia | PA | Dec | (24) | (57) | |||||
| HMS Holdings | New York | NY | Dec | 14 | 40 | 51 | 48 | 40 | 30 | 21 |
| Cyberonics | Houston | TX | Apr | 55 | 46 | 36 | 47 | 78 | 27 | (10) |
| Momenta Pharmaceuticals | Cambridge | MA | Dec | (99) | (108) | (59) | 180 | 37 | (64) | (63) |
| Coherent | Santa Clara | CA | Sep | 59 | 66 | 63 | 93 | 37 | (35) | 23 |
| Cempra | Chapel Hill | NC | Dec | (62) | (45) | (24) | (21) | (20) | (19) | (15) |
| Amicus Therapeutics | Cranbury | NJ | Dec | (69) | (60) | (49) | (44) | (55) | (7) | (39) |
| Surgical Care America | Deerfield | IL | Dec | 167 | 64 | 79 | 87 | 81 | 60 | |
| Sabra Health Care REIT | Irvine | CA | Dec | 47 | 34 | 20 | 13 | 0 | ||
| ICU Medical | San Clemente | CA | Dec | 26 | 40 | 41 | 45 | 30 | 25 | 24 |
| ZIOPHARM Oncology | Boston | MA | Dec | (32) | (57) | (96) | (64) | (33) | (8) | (25) |
| Insmed | Monmouth Junction | NJ | Dec | (79) | (56) | (41) | (60) | (6) | 118 | (16) |
| Nevro | Menlo Park | CA | Dec | (31) | (26) | (19) | ||||
| Acorda Therapeutics | Ardsley | NY | Dec | 18 | 16 | 155 | 31 | (12) | (84) | (74) |
| Press Ganey Holdings | Wakefield | MA | Dec | 16 | 0 | (7) | ||||
| LTC Properties | Westlake Village | CA | Dec | 73 | 55 | 50 | 49 | 45 | 44 | 43 |
| National Research Corp | Lincoln | NE | Dec | 18 | 15 | 15 | 12 | 8 | 8 | 7 |
| AMN Healthcare Services | San Diego | CA | Dec | 33 | 33 | 16 | 5 | (53) | (122) | 34 |
| Natus Medical | San Carlos | CA | Dec | 32 | 23 | 4 | (11) | 12 | 11 | 17 |
| Phibro Animal Health | Teaneck | NJ | Jun | (3) | 25 | 7 | (13) | 16 | (6) | |
| Fibrogen | San Francisco | CA | Dec | (60) | (15) | (33) | ||||
| Cambrex | East Rutherford | NJ | Dec | 58 | 30 | 63 | 14 | 9 | 10 | 8 |
| Wright Medical Group | Arlington | TN | Dec | (240) | (280) | (3) | (5) | 18 | 12 | 3 |
| Relypsa | Redwood City | CA | Dec | (80) | (74) | (44) | (26) | |||
| Greatbatch | Frisco | TX | Dec | 55 | 36 | (5) | 33 | 33 | (9) | 14 |
| TherapeuticsMD | Boca Raton | FL | Dec | (54) | (28) | (35) | (13) | (3) | ||
| Eagle Pharmaceutics | Woodcliff Lake | NJ | Sep | (18) | (6) | (19) | (5) | |||
| Repligen | Waltham | MA | Dec | 8 | 16 | 14 | (0) | (4) | 6 | 37 |
| MedAssets | Alpharetta | GA | Dec | (20) | 27 | (7) | (15) | (32) | 20 | 11 |
| The Ensign Group | Mission Viejo | CA | Dec | 34 | 26 | 41 | 48 | 41 | 32 | 28 |
| Amedisys | Baton Rouge | LA | Dec | 13 | (95) | (95) | (470) | 211 | 239 | 161 |
| Sarepta Therapeutics | Cambridge | MA | Dec | (136) | (112) | (121) | (2) | (32) | (25) | (24) |
| DepoMed | Newark | CA | Dec | 132 | 43 | (30) | 71 | 4 | (22) | (15) |
| HeartWare Intl | Framingham | MA | Dec | (19) | (59) | (88) | (55) | (29) | (21) | (24) |
| ZS Pharma | Coppell | TX | Dec | (64) | (34) | (10) | ||||
| NewLink Genetics | Ames | IA | Dec | 103 | (31) | (23) | (18) | (17) | (10) | (9) |
| Merrimack Pharmaceuticals | Cambridge | MA | Dec | (84) | (131) | (92) | (80) | (50) | (49) | (46) |
| Benefitfocus | Charleston | SC | Dec | (63) | (30) | (15) | (15) | (2) | ||
| Atara Biotherapeutics | Brisbane | CA | Dec | (28) | (9) | (4) | ||||
| ImmunoGen | Waltham | MA | Jun | (71) | (73) | (73) | (58) | (51) | (32) | (32) |
| MiMedx Group | Marietta | GA | Dec | 6 | (4) | (8) | (10) | (11) | (12) | (17) |
| Emergent BioSolutions | Rockville | MD | Dec | 37 | 30 | 18 | 16 | 47 | 27 | 20 |
| Raptor Pharmaceutical | Novato | CA | Dec | (53) | (69) | (39) | (37) | (19) | (9) | (23) |
| ZELTIQ Aesthetics | Pleasanton | CA | Dec | 2 | (19) | (30) | (10) | (14) | (18) | (21) |
| Accelerate Diagnostics | Tucson | AZ | Dec | (31) | (15) | (5) | (0) | 1 | (1) | (2) |
| Abaxis | Union City | CA | Mar 15 | 21 | 16 | 31 | 16 | 15 | 13 | 12 |
| Foundation Medicine | Cambridge | MA | Dec | (52) | (43) | (22) | (17) | |||
| Bio-Reference Laboratories | Elmwood Park | NJ | Oct | 47 | 46 | 42 | 36 | 26 | 22 | 16 |
| Retrophin | New York | NY | Dec | (111) | (35) | (30) | (3) | |||
| Vitamin Shoppe | North Bergen | NJ | Dec | 61 | 67 | 61 | 45 | 29 | 13 | 8 |
| LDR Holding | Austin | TX | Dec | (11) | (28) | (10) | (2) | 2 | ||
| Intra-Cellular Therapies | New York | NY | Dec | (31) | (27) | (17) | ||||
| MacroGenics | Rockville | MD | Dec | (38) | (0) | 8 | 7 | |||
| Spectranetics | Colorado Springs | CO | Dec | (41) | (0) | 2 | 1 | (13) | (13) | (4) |
| Endologix | Irvine | CA | Dec | (32) | (16) | (36) | (29) | 11 | (2) | (12) |
| Coherus BioSciences | Redwood City | CA | Dec | (87) | (54) | (33) | ||||
| PDL BioPharma | Incline Village | NV | Dec | 322 | 265 | 212 | 199 | 92 | 190 | 238 |
| Evolent Health | Arlington | VA | Dec | (52) | (33) | (19) | ||||
| Arena Pharmaceuticals | San Diego | CA | Dec | (61) | (19) | (85) | (109) | (125) | (153) | (238) |
| Physicians Realty Trust | Milwaukee | WI | Dec | (4) | (3) | (3) | (3) | |||
| Heron Therapeutics | Redwood City | CA | Dec | (76) | (55) | (24) | (11) | (7) | (10) | (23) |
| BioCryst Pharmaceuticals | Durham | NC | Dec | (45) | (30) | (39) | (57) | (34) | (13) | (25) |
| Array Biopharma | Boulder | CO | Dec | (85) | (62) | (24) | (56) | (78) | (128) | (96) |
| Acceleron Therapeutics | Cambridge | MA | Dec | (51) | (22) | (33) | 36 | |||
| Genesis Healthcare | Kennett Square | PA | Dec | (1) | (6) | 22 | (204) | (2) | (134) | 33 |
| Minerva Neurosciences | Waltham | MA | Dec | (56) | (3) | (2) | (1) | |||
| Achillion Pharmaceuticals | New Haven | CT | Dec | (69) | (59) | (47) | (44) | (25) | (26) | (28) |
| Keryx Biopharmaceuticals | New York | NY | Dec | (112) | (47) | (25) | (28) | (20) | 10 | (53) |
| CNL Healthcare Properties | Orlando | FL | Dec | (53) | (18) | (11) | (2) | |||
| PharMerica Corp | Louisville | KY | Dec | 7 | 19 | 23 | 23 | 19 | 42 | 5 |
| Total all 261 with Market Caps $1-25 Bil | 19,767 | 17,997 | 14,880 | 17,276 | 16,778 | 9,607 | 4,768 | |||
| ….. 2014 Earnings % Increase Over 2008 | 315% | |||||||||
| Total all 230 with Market Caps $1-10 Bil | 8,469 | 7,338 | 7,790 | 6,266 | 8,404 | 4,697 | (610) | |||
| ….. 2014 Earnings % Increase Over 2008 | 1,488% | |||||||||
