You Chose the Right Profession
If there’s one thing that distinguishes our editorial point of view, it’s pride in our
profession. We don’t make devices or drugs here, but we’re happy to report on them,
because there’s always so much good being done by our colleagues in the industry
In this issue, we feature both the Top 100 Healthcare Companies and the Cleveland
Clinic’s ten most promising advances created in healthcare. Together, they are strong
indicators of both the financial health of our industry and the improving health we
deliver to populations worldwide.
Revenue total for the Top 100 was $1.207 trillion dollars, with 78% of Top 100 rev-
enues increasing as compared with 62% last year, and less than 50% the prior year. While a few top posi-
tions have changed, Johnson & Johnson, Pfizer, Roche, Novartis , Sanofi and Medtronic, among others,
continue to be leaders in the field. These are companies that not only generate robust revenues, but also
continue to be innovators with vision and integrity, creating advances on a regular basis. And all three
sectors—pharma, medical device and biotech—are growing revenue at levels far above most industries.
And let’s look at some of the innovations cited by the Cleveland Clinic. Following are some of the inspiring quotes attendant to these breakthroughs. For alternative pain therapies for fighting the opioid crisis:
“hope comes by way of pharmacogenomic testing, which uses a patient’s genetic makeup to predict an
individual’s metabolism of drugs.” For artificial intelligence (which we cover thoroughly in our roundtable this issue): “changing the game…in decision support, image analysis and patient triage…smarter
decisions at point of care…reducing physician burnout.” For acute stroke intervention: “an expanded
window for treatment [which could] lower the risk of disability and provide opportunity for recovery
to an increased number of future stroke patients.” For advances in immunotherapy for cancer: “uses the
body’s own immune system to fight cancer…life-changing new cancer treatments through the concepts
of joint therapy and engineered T-cells.”
Wow. And that’s just the handful we have room for here. There are many more, on that list and emerging
every day. And consider the impact. Not only is healthcare one of the few industries continuing to post
growing revenues overall, it’s also the one that we all depend on for the amazing quality of life innovations it provides.
Yes, you chose the right profession. And we’re delighted to continue bringing you news of what it does.
And always, please keep the feedback coming. It all goes to making the magazine better for all of us.
Cari Kraft, Publisher
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