Big Opportunity: The U.S. Primary Care Market Could Soar to $408.5 Billion by 2027

September 13, 2021 -

This year, the primary care physician market is valued at about $296 billion, according to Grand View Research. By 2027, the market could be worth just over $408.5 billion. “Primary care is the center of the U.S. healthcare system, reforms in the healthcare coverage will reenergize the infrastructure and aid the rebuilding of the primary care payment and delivery model. The comprehensive care provided by primary care physicians (PCPs) and the continuous patient and physician relationship is essential to improve the quality of care which will lead to positive patient outcomes in the long run.” Those are major catalysts for companies such as Skylight Health Group Inc. (NASDAQ:SLHG)(TSXV:SLHG), Oak Street Health Inc. (NYSE:OSH), WELL Health Technologies Corp. (TSX:WELL)(OTC:WLYYF), 1Life Healthcare Inc. (NASDAQ:ONEM), and Community Health Systems Inc. (NYSE:CYH).

In addition, with a broken healthcare system, “Primary care is critical to maintaining health and caring for chronic illness. The U.S. system sorely lacks adequate primary care, which reduces the quality and increases the cost of care. Part of the solution is increasing the compensation of primary care providers,” as noted by Harvard Business Review. To help address the need, multi-specialty health companies are stepping in to help lower healthcare spending, and improve health outcomes.

Look at Skylight Health Group Inc. (NASDAQ:SLHG)(TSXV:SLHG), For Example

Skylight Health Group, a multi-state primary care management group in the U.S., today announced that the Company will participate in the following virtual investment conference:

Lake Street Capital Markets’ 5th Annual Best Ideas Growth (BIG5) Conference

Tuesday, September 14, 2021, Company management will hold virtual one-on-one meetings with institutional investors throughout the day. For information or to schedule a meeting contact your Lake Street representative.

Other related developments from around the markets include:

Oak Street Health Inc., a network of value-based primary care centers for adults on Medicare, is expanding access to more older adults with today’s opening of its new Toledo Northside center located at 553 E. Manhattan Blvd. This is the 11th Oak Street Health center in Ohio, joining centers in existing markets of Akron, Cincinnati, Cleveland, Dayton and Youngstown. “We are excited to expand access to our high-quality, value-based care to members of the Toledo community with the opening of this new center,” said Dr. Olaoluwa Fayanju, Regional Medical Director at Oak Street Health.​“The majority of older adults we care for have two or more chronic conditions, making this kind of care so important. As our organization continues its mission to rebuild healthcare as it should be, we look forward to improving patient outcomes in Ohio and helping older adults live their healthiest lives.”

WELL Health Technologies Corp., a company focused on positively impacting health outcomes by leveraging technology to empower healthcare practitioners and their patients globally, announced that its common shares will be added by Dow Jones Canadian Index Services to the S&P/TSX Composite Index effective Monday, September 20, 2021, prior to the open of trading on the Toronto Stock Exchange. The Composite Index is the headline index for Canada, which represents the inclusion of the largest companies on the TSX and the principal benchmark measure for the Canadian equity markets. 

1Life Healthcare Inc. announced that Amir Dan Rubin, Chair & CEO, and Bjorn Thaler, CFO, will participate in the following upcoming investor conferences: The Morgan Stanley Virtual Global Healthcare Conference which will include a fireside chat on Tuesday, September 14th at 11:45 a.m. (PT) / 2:45 p.m. (ET). Baird’s 2021 Global Healthcare Conference which will include a presentation on Wednesday, September 15th at 8:25 a.m. (PT) / 11:25 a.m. (ET).

Community Health Systems Inc. announced financial and operating results for the three and six months ended June 30, 2021. Net operating revenues for the three months ended June 30, 2021, totaled $3.007 billion, a 19.4 percent increase compared with $2.519 billion for the same period in 2020. Net income attributable to Community Health Systems, Inc. common stockholders was $6 million, or $0.04 per share (diluted), for the three months ended June 30, 2021, compared with $70 million, or $0.61 per share (diluted), for the same period in 2020.

Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Skylight Health Group Inc. by a third party. We own ZERO shares of Skylight Health Group Inc. Please click here for full disclaimer.

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