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An analysis of 1997 healthcare initial public offerings.

The corporatization of healthcare is here to stay, and it is influencing much in the industry. Thus, it is important for healthcare executives and professionals to identify and evaluate companies in this sector of the economy. One method is to conduct annual surveys of new healthcare IPOs, obtain data on those companies, and assess growth and decline by following these corporations longitudinally. This study represents the example of establishing a baseline of IPOs in 1997. Since the information is public and relatively easy to access, healthcare professionals can use the wealth of information in a variety of ways.