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Children's Comprehensive Services, Inc. history
Children's Comprehensive Services, Inc. company history timeline
Healthcare Services did well at first, acquiring a number of hospitals and making an initial public offering of its stock in August 1985 to fuel further growth.
1985• Child & Family Service begins offering gerontology programs.
1985: Pricor Inc. is founded by a group of Nashville investors.
Although revenues continued to grow in 1986, reaching $109.4 million, the company posted a loss of $17.1 million.
1986: Pricor enters the adult private prison business.
Speir would leave two years later after Healthcare Services lost an additional $27 million in 1987 despite another gain in revenues, which now totaled $132 million.
Acquisition by Paul Ramsay Group in 1987
1987: Pricor leases two facilities in California.
1988: Name is changed to Ramsay Health Care.
1988• Child & Family Service opens a project in the Philippines to house abandoned street children. • Land is acquired and planning begins for the West Oahu Center — a community center that houses nearly 20 programs and the administrative headquarters of Child & Family Service.
1989: Pricor enters deal in the United Kingdom to staff private prison facility.
The company earned a profit of $5 million in 1990, followed by $8.9 million in 1990.
Pricor teamed up with Houston-based N-Group and first pitched the "jails for hire" plan in west Texas in 1990.
For the fiscal year ending June 30, 1992, the company's net income fell to $1.97 million on $137 million in revenues.
Results for the industry overall and Ramsay Health Care in particular were disappointing in 1992.
With the Texas dealings now a nightmare, the company found itself losing money in 1992.
1992: Texas project fails.
Facing a tenuous financial future in adult corrections, Pricor exited the business in 1993.
Ramsay-HMO had been sold to United HealthCare Corp. in 1994, but ties with Ramsay Health Care remained strong.
1994: Company enters youth services business.
1994: Pricor changes its name to Children's Comprehensive Services, Inc. (CCS).
Shortly after Ramsay Health Care reported a $17 million loss for 1995, Browne stepped down in favor of Jennings.
In 1996 Ramsay Health Care moved to Coral Gables, Florida.
The company lost another $16 million in 1996 before posting $3.4 million in earnings in 1997. Thus, in August 1997 Ramsay Health Care reacquired Ramsay Managed Care, with management expressing optimism over the "tremendous potential" of returning the spin-off to the company.
1997• Child & Family Service West Oahu Center opens, offering comprehensive services to the Leeward community.
One of those former Ramsay-HMO executives, Luis E. Lamela, replaced Jennings in January 1998, becoming the new president and chief executive officer.
The company lost more than $54 million in 1998, due mostly to restructuring costs.
By the end of 1998 there were some 1,200 charter schools in America, a number expected to grow to 2,000 soon.
1999: Company name is changed to Ramsay Youth Services.
In April 2000 Ramsay Youth signed a major contract with the Florida Department of Juvenile Justice to operate a 102-bed Youth Development Center for high-risk boys, ages 14 to 18.
In October 2000 the company retained McDonald Investments Inc. to assist the company with its financial resources.
In November 2000, CCS closed its long established Helicon Youth Center (HYC) and its related school.
For 2000 the company reported $108 million in revenues and a net profit of more than $2.8 million.
2001• Child & Family Service expands autism programs• CFS receives a contract to operate Head Start program on Kaua’i, receives a record $500,000 gift from the Hartley Foundation.
Indeed, CCS ended fiscal 2001 with an offer of a buyout.
2004• 20th Annual Child’s Play Golf Tournament raises more than $150,000 • ‘Ohana of the Year program also celebrates 20th year• CFS budget reaches $30 million per year with more than 750 employees statewide.
2007• Child & Family Service enters into collaborations with the YWCA of Oahu, develops a Human Services Hui, and collaborates with the Consuelo Foundation in efforts to grow its Philippines adoption program.
2008• On January 1, 2008, Turning Point for Families, a domestic violence treatment and prevention organization in Hilo and Kona, merged with Child & Family Service. • On March 24, ground was broken on the new emergency shelter and transitional housing facility.
In 2010, the organizations which previously made up MENTOR ABI, including the Center for Comprehensive Services (CCS), Lakeview Healthcare Systems, and the NeuroRestorative legacy programs in AR, LA, TX and OK were unified under the NeuroRestorative name.
The Glendale Lane campus was home to Monroe Harding until April 2019, when the organization’s headquarters moved to its new location on Vantage Way in the Metro Center area of Nashville.
In 2019, NeuroRestorative and the rest of The Network’s Specialty Rehabilitation Services Group were unified under the NeuroRestorative name.
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Children's Comprehensive Services, Inc. competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Chestnut Ridge Counseling Services | 1969 | $12.7M | 200 | 14 |
| Davis Behavioral Health | 1985 | $50.0M | 100 | 8 |
| Park Center | 1967 | $50.0M | 750 | 17 |
| NewPath | 1829 | $21.0M | 195 | 20 |
| Talbert House | 1965 | $56.8M | 661 | 52 |
| Castlewood Treatment Centers | 1999 | $10.0M | 300 | - |
| Youth Crisis Center | 1974 | $1.4M | 4 | 22 |
| Pesach Tikvah | 1983 | $10.0M | 91 | - |
| Community Missions of Niagara Frontier | 1925 | $12.0M | 300 | - |
| Ozanam Hall | 1971 | $69.0M | 750 | 8 |
Children's Comprehensive Services, Inc. history FAQs
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Children's Comprehensive Services, Inc. may also be known as or be related to Children s Comprehensive Services Inc, Children's Comprehensive Services, Children's Comprehensive Services Inc and Children's Comprehensive Services, Inc.