What is the ‘Healthcare Sector’
The healthcare sector is the category of stocks relating to medical and healthcare goods or services. The healthcare sector includes hospital management firms, health maintenance organizations (HMOs), biotechnology and a variety of medical products.
Explaining ‘Healthcare Sector’
Stocks in the healthcare sector are often considered to be defensive because the products and services are essential. Even during economic downturns, people will still require medical aid and medicine to overcome illness. Having a consistent demand for goods and services makes this sector less sensitive to business cycle fluctuations.
Further Reading
- The financial crisis in Italy: implications for the healthcare sector – www.sciencedirect.com [PDF]
- Financial health economics – onlinelibrary.wiley.com [PDF]
- Managing FM (support services): business risks in the healthcare sector – www.emerald.com [PDF]
- The normative economics of health care finance and provision – www.jstor.org [PDF]
- Does ownership matter under challenging conditions?: On the relationship between organizational entrepreneurship and performance in the healthcare sector – www.tandfonline.com [PDF]
- A policy perspective on" mixed" health care financial systems of business and economics – www.jstor.org [PDF]
- Estimating the efficiency of the system of healthcare financing in achieving better health – www.tandfonline.com [PDF]
- Financing mental health care in Europe – www.tandfonline.com [PDF]
- The economics of eHealth and mHealth – www.tandfonline.com [PDF]
