Leading healthcare technology company jumps nearly 50 spots in prestigious listing of publicly traded companies
Cambridge, Mass. – Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology, today announced that the company once again has earned a place on the Forbes “Global 2000: The World’s Largest Public Companies” list, moving up 46 spots from 2019. In its new 2020 position, the company now also ranks as one of the top ten global public healthcare companies. The annual list, which has been released for the past 18 years, features a ranking of the biggest, most powerful and most valuable companies in the world. Philips ranked 385 out of the 2,000 publicly traded companies on the full list.
The Forbes Global 2000 list is a highly regarded authority on corporate rankings globally. Companies that are featured are chosen based on four metrics: sales, profit, assets and market value. This is the first year Philips holds one of the top ten spots in the healthcare category as it helps its customers address the quadruple aim of providing better health outcomes, improving patient and staff experiences and lowering the cost of care.