Healthcare's software layer is small but top-heavy: our list of top health tech companies runs just 16 names, and the two leaders lap the field. Veeva Systems posts the group's best MGI at 75 on steady 14% annual growth, while Natera follows at 70 growing more than twice as fast, 32% a year at a $29B cap.
The median MGI of 53 tells the honest part: beyond the leaders, health tech grinds rather than sprints. Oscar Health grows revenue 49% a year yet scores 54 once the other dimensions weigh in, a useful reminder that speed alone does not carry this index. Click any name for the full citation-backed analysis.
49companies qualify
50median MGI
2joined this week
The ranking
Sorted by MGIShare
1
Veeva Systems Inc.VEEV🇺🇸
Revenue +14%/yr · +13%/yr per share · asset light
G 75V 60O 83Cap $39.6B
MGI
75
MVI
60
MTI
37
MOI
83
Cap
$39.6B
Growth
+14%Rev CAGR +14%
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2
Vitalhub Corp.VHI.CA🇨🇦
Revenue +39%/yr · +24%/yr per share · asset light
G 73V 69O 79Cap $343M
MGI
73
MVI
69
MTI
28
MOI
79
Cap
$343M
Growth
+33%Rev CAGR +33%
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3
Natera, Inc.NTRA🇺🇸
Revenue +34%/yr · +23%/yr per share · asset light
G 70V 50O 70Cap $41.8B
MGI
70
MVI
50
MTI
45
MOI
70
Cap
$41.8B
Growth
+34%Rev CAGR +34%
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4
Intuitive Surgical, Inc.ISRG🇺🇸
Revenue +14%/yr · +14%/yr per share · asset light
G 66V 50O 66Cap $141.0B
MGI
66
MVI
50
MTI
38
MOI
66
Cap
$141.0B
Growth
+19%Rev CAGR +19%
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5
Halma plcHLMA.GB🇬🇧
Revenue +12%/yr · +12%/yr per share · asset light
G 66V 47O 65Cap $19.2B
MGI
66
MVI
47
MTI
40
MOI
65
Cap
$19.2B
Growth
+15%Rev CAGR +15%
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6
CareTrust REIT, Inc.CTRE🇺🇸
Revenue +24%/yr · +5%/yr per share · asset light
G 65V 55O 66Cap $9.3B
MGI
65
MVI
55
MTI
42
MOI
66
Cap
$9.3B
Growth
+65%Rev CAGR +65%
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7
Diaceutics PLCDXRX.GB🇬🇧
Revenue +22%/yr · +20%/yr per share · asset light
G 61V 66O 65Cap $150M
MGI
61
MVI
66
MTI
38
MOI
65
Cap
$150M
Growth
+20%Rev CAGR +20%
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8
Tristel plcTSTL.GB🇬🇧
Revenue +9%/yr · +9%/yr per share · asset light
G 61V 59O 63Cap $271.9M
MGI
61
MVI
59
MTI
35
MOI
63
Cap
$271.9M
Growth
+11%Rev CAGR +11%
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9
Doximity, Inc.DOCS🇺🇸
Revenue +16%/yr · +11%/yr per share · asset light
G 60V 63O 65Cap $4.1B
MGI
60
MVI
63
MTI
40
MOI
65
Cap
$4.1B
Growth
+7%Rev CAGR +7%
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10
Viemed Healthcare, Inc.VMD🇺🇸
Revenue +21%/yr · +21%/yr per share · asset light
G 60V 69O 66Cap $392.3M
MGI
60
MVI
69
MTI
43
MOI
66
Cap
$392.3M
Growth
+24%Rev CAGR +24%
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11
Encompass Health CorporationEHC🇺🇸
Revenue +9%/yr · +9%/yr per share · asset light
G 59V 55O 62Cap $11.1B
MGI
59
MVI
55
MTI
42
MOI
62
Cap
$11.1B
Growth
+10%Rev CAGR +10%
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12
HealthEquity, Inc.HQY🇺🇸
Revenue +13%/yr · +11%/yr per share · asset light
G 59V 60O 63Cap $7.8B
MGI
59
MVI
60
MTI
44
MOI
63
Cap
$7.8B
Growth
+7%Rev CAGR +7%
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13
Privia Health Group, Inc.PRVA🇺🇸
Revenue +20%/yr · +14%/yr per share · scale economics
G 58V 67O 64Cap $3.0B
MGI
58
MVI
67
MTI
44
MOI
64
Cap
$3.0B
Growth
+21%Rev CAGR +21%
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14
Simulations Plus, Inc.SLP🇺🇸
Revenue +11%/yr · +12%/yr per share · asset light
G 57V 57O 59Cap $358.5M
MGI
57
MVI
57
MTI
43
MOI
59
Cap
$358.5M
Growth
+8%Rev CAGR +8%
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15
FIGS, Inc.FIGS🇺🇸
Revenue +11%/yr · +7%/yr per share · asset light
G 56V 46O 55Cap $2.4B
MGI
56
MVI
46
MTI
38
MOI
55
Cap
$2.4B
Growth
+29%Rev CAGR +29%
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16
Afya LimitedAFYA🇧🇷
Revenue +17%/yr · +18%/yr per share · asset light
G 56V 71O 64Cap $1.3B
MGI
56
MVI
71
MTI
48
MOI
64
Cap
$1.3B
Growth
+19%Rev CAGR +19%
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17
Waystar Holding Corp.WAY🇺🇸
Revenue +16%/yr · +6%/yr per share · asset light
G 55V 65O 60Cap $4.3B
MGI
55
MVI
65
MTI
43
MOI
60
Cap
$4.3B
Growth
+18%Rev CAGR +18%
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18
Oscar Health, Inc.OSCR🇺🇸
Revenue +53%/yr · +38%/yr per share · scale economics
G 54V 64O 58Cap $9.5B
MGI
54
MVI
64
MTI
58
MOI
58
Cap
$9.5B
Growth
+70%Rev CAGR +70%
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19
SOL S.p.A.SOL.IT🇮🇹
Revenue +13%/yr · +13%/yr per share · asset light
G 53V 51O 53Cap $5.1B
MGI
53
MVI
51
MTI
38
MOI
53
Cap
$5.1B
Growth
+8%Rev CAGR +8%
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20
Omada Health, Inc.OMDA🇺🇸
Revenue +36%/yr · -34%/yr per share · asset light
G 53V 56O 55Cap $1.4B
MGI
53
MVI
56
MTI
63
MOI
55
Cap
$1.4B
Growth
+43%Rev CAGR +43%
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21
Asker Healthcare Group ABASKER.SE🇸🇪
Revenue +14%/yr · +3%/yr per share · scale economics
G 53V 56O 55Cap $3.3B
MGI
53
MVI
56
MTI
34
MOI
55
Cap
$3.3B
Growth
+17%Rev CAGR +17%
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22
Alignment Healthcare, Inc.ALHC🇺🇸
Revenue +31%/yr · +26%/yr per share · scale economics
G 52V 73O 57Cap $2.9B
MGI
52
MVI
73
MTI
53
MOI
57
Cap
$2.9B
Growth
+32%Rev CAGR +32%
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23
Boston Scientific CorporationBSX🇺🇸
Revenue +12%/yr · +11%/yr per share · asset light
G 51V 55O 53Cap $68.4B
MGI
51
MVI
55
MTI
53
MOI
53
Cap
$68.4B
Growth
+12%Rev CAGR +12%
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24
Fagron NVFAGR.NL🇳🇱
Revenue +12%/yr · +12%/yr per share · asset light
G 51V 62O 55Cap $2.0B
MGI
51
MVI
62
MTI
52
MOI
55
Cap
$2.0B
Growth
+9%Rev CAGR +9%
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25
Tactile Systems Technology, Inc.TCMD🇺🇸
Revenue +11%/yr · +8%/yr per share · asset light
G 50V 60O 53Cap $612.1M
MGI
50
MVI
60
MTI
44
MOI
53
Cap
$612.1M
Growth
+23%Rev CAGR +23%
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26
Surgical Science Sweden ABSUS.SE🇸🇪
Revenue +22%/yr · +17%/yr per share · asset light
G 47V 74O 52Cap $165.6M
MGI
47
MVI
74
MTI
65
MOI
52
Cap
$165.6M
Growth
-6%Rev CAGR -6%
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27
Kooth plcKOO.GB🇬🇧
Revenue +37%/yr · +26%/yr per share · asset light
G 46V 73O 50Cap $64.4M
MGI
46
MVI
73
MTI
52
MOI
50
Cap
$64.4M
Growth
-5%Rev CAGR -5%
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28
Nordhealth ASNORDH.FI🇫🇮
Revenue +32%/yr · +33%/yr per share · asset light
G 44V 49O 44Cap $310.1M
MGI
44
MVI
49
MTI
47
MOI
44
Cap
$310.1M
Growth
+8%Rev CAGR +8%
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29
Weave Communications, Inc.WEAV🇺🇸
Revenue +17%/yr · -10%/yr per share · asset light
G 44V 64O 47Cap $457.7M
MGI
44
MVI
64
MTI
50
MOI
47
Cap
$457.7M
Growth
+16%Rev CAGR +16%
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30
Redcare Pharmacy N.V.RDC.NL🇳🇱
Revenue +24%/yr · +20%/yr per share · scale economics
G 43V 70O 48Cap $1.4B
MGI
43
MVI
70
MTI
47
MOI
48
Cap
$1.4B
Growth
+20%Rev CAGR +20%
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31
National Health Investors, Inc.NHI🇺🇸
Revenue +26%/yr · +24%/yr per share · asset light
G 42V 50O 42Cap $3.7B
MGI
42
MVI
50
MTI
49
MOI
42
Cap
$3.7B
Growth
+29%Rev CAGR +29%
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32
Phreesia, Inc.PHR🇺🇸
Revenue +20%/yr · +14%/yr per share · asset light
G 41V 70O 44Cap $664M
MGI
41
MVI
70
MTI
50
MOI
44
Cap
$664M
Growth
+13%Rev CAGR +13%
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33
Legacy Education Inc.LGCY🇺🇸
Revenue +25%/yr · +15%/yr per share · scale economics
G 40V 58O 41Cap $147M
MGI
40
MVI
58
MTI
60
MOI
41
Cap
$147M
Growth
+15%Rev CAGR +15%
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34
The Pennant Group, Inc.PNTG🇺🇸
Revenue +20%/yr · +17%/yr per share · scale economics
G 39V 53O 40Cap $1.3B
MGI
39
MVI
53
MTI
52
MOI
40
Cap
$1.3B
Growth
+36%Rev CAGR +36%
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35
Tempus AI, Inc.TEM🇺🇸
Revenue +41%/yr · +14%/yr per share · asset light
G 39V 55O 40Cap $9.9B
MGI
39
MVI
55
MTI
45
MOI
40
Cap
$9.9B
Growth
+22%Rev CAGR +22%
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36
LTC Properties, Inc.LTC🇺🇸
Revenue +17%/yr · +12%/yr per share · asset light
G 38V 50O 38Cap $2.1B
MGI
38
MVI
50
MTI
50
MOI
38
Cap
$2.1B
Growth
+64%Rev CAGR +64%
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37
Talkspace, Inc.TALK🇺🇸
Revenue +17%/yr · +2%/yr per share · scale economics
G 37V 50O 37Cap $866.4M
MGI
37
MVI
50
MTI
55
MOI
37
Cap
$866.4M
Growth
+14%Rev CAGR +14%
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38
Schrödinger, Inc.SDGR🇺🇸
Revenue +13%/yr · +12%/yr per share · asset light
G 37V 56O 38Cap $1.3B
MGI
37
MVI
56
MTI
52
MOI
38
Cap
$1.3B
Growth
+8%Rev CAGR +8%
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39
Huron Consulting Group Inc.HURN🇺🇸
Revenue +14%/yr · +20%/yr per share · scale economics
G 36V 49O 36Cap $2.4B
MGI
36
MVI
49
MTI
48
MOI
36
Cap
$2.4B
Growth
+12%Rev CAGR +12%
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40
BrightSpring Health Services, Inc.BTSG🇺🇸
Revenue +16%/yr · +4%/yr per share · scale economics
G 36V 54O 37Cap $13.0B
MGI
36
MVI
54
MTI
57
MOI
37
Cap
$13.0B
Growth
+23%Rev CAGR +23%
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41
OptimizeRx CorporationOPRX🇺🇸
Revenue +10%/yr · +8%/yr per share · asset light
G 34V 55O 35Cap $163.6M
MGI
34
MVI
55
MTI
58
MOI
35
Cap
$163.6M
Growth
-9%Rev CAGR -9%
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42
Nutex Health Inc.NUTX🇺🇸
Revenue +21%/yr · +7%/yr per share · asset light
G 34V 63O 36Cap $1.2B
MGI
34
MVI
63
MTI
72
MOI
36
Cap
$1.2B
Growth
-14%Rev CAGR -14%
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43
LifeMD, Inc.LFMD🇺🇸
Revenue +17%/yr · +5%/yr per share · asset light
G 31V 74O 34Cap $181.9M
MGI
31
MVI
74
MTI
65
MOI
34
Cap
$181.9M
Growth
-24%Rev CAGR -24%
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44
Hims & Hers Health, Inc.HIMS🇺🇸
Revenue +57%/yr · +49%/yr per share · asset light
G 31V 44O 30Cap $7.3B
MGI
31
MVI
44
MTI
62
MOI
30
Cap
$7.3B
Growth
+4%Rev CAGR +4%
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45
Meds Apotek ABMEDS.SE🇸🇪
Revenue +17%/yr · +13%/yr per share · scale economics
G 31V 50O 31Cap $95.2M
MGI
31
MVI
50
MTI
57
MOI
31
Cap
$95.2M
Growth
+26%Rev CAGR +26%
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46
MiniMed Group, Inc.MMED🇺🇸
Revenue +11%/yr · +11%/yr per share · asset light
G 29V 56O 30Cap $5.7B
MGI
29
MVI
56
MTI
57
MOI
30
Cap
$5.7B
Growth
+11%Rev CAGR +11%
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47
K-Bro Linen Inc.KBL.CA🇨🇦
Revenue +21%/yr · +17%/yr per share · scale economics
G 29V 53O 30Cap $414.5M
MGI
29
MVI
53
MTI
50
MOI
30
Cap
$414.5M
Growth
+33%Rev CAGR +33%
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48
The Oncology Institute, Inc.TOI🇺🇸
Revenue +22%/yr · +13%/yr per share · scale economics
G 27V 59O 28Cap $619.9M
MGI
27
MVI
59
MTI
50
MOI
28
Cap
$619.9M
Growth
+41%Rev CAGR +41%
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49
SOPHiA Genetics SASOPH🇨🇭
Revenue +16%/yr · +11%/yr per share · asset light
G 23V 45O 23Cap $564.8M
MGI
23
MVI
45
MTI
55
MOI
23
Cap
$564.8M
Growth
+27%Rev CAGR +27%
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Research tool, not investment advice. Rankings are generated by our models from company filings and market data, refresh nightly, and are identical for every visitor. Scores reflect our methodology and are not recommendations to act. Data as of 2026-08-17.