4 ms·
Pharmaceutical companies are actually far more profitable than I imagined. Pharma companies enjoy a profit margin averaging 26%, medical device companies 12%,
by pettusftw 6y ago
Pharmaceutical companies are actually far more profitable than I imagined.
Pharma companies enjoy a profit margin averaging 26%, medical device companies 12%, and hospital groups (which includes non-profits) 8%. Insurance companies are closer to 3%.
https://www.americanprogress.org/issues/healthcare/reports/2019/06/26/471464/high-price-hospital-care/ https://www.americanprogress.org/issues/healthcare/reports/2...