Forget all the talk about how healthcare has become a no-growth business.
Some firms are thriving despite stringent cost controls. How do they do it? By coming up with exciting new technologies, providing crucial services and expanding market share in their core businesses. These firms and not-for-profits are proving every day that they are the gazelles of the cost-constraint era.
We want our readers to know who these overachievers are. Last year, Modern Healthcare launched a new recognition program: Healthcare's Hottest. We identified the 40 fastest-growing firms and not-for-profits in the industry. We divided the group into four categories: hospitals and hospital systems; physician group practices and other providers; insurers and other payers; and suppliers such as drug or device companies, IT vendors or service providers. Each of these companies in their respective segments proved they could generate rapidly growing sales while the system as a whole delivered higher quality care at lower cost.