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Comprehensive Care Management Corporation-Ccm history
Comprehensive Care Management Corporation-Ccm company history timeline
CompCare was founded in Newport Beach, California, in 1969 with the goal of creating a chain of acute-care psychiatric hospitals and nursing homes.
By 1972 the firm faced bankruptcy as it lost $2.8 million on revenue of $3 million.
By 1980 CompCare had 55 of its CareUnits in 17 states and was waiting regulatory approval for 18 more.
With this success, CompCare had 104 hospitals in its system by 1982.
Profits reached $17.2 million in 1985, on revenues of $153 million.
One particularly striking 1987 television ad showed a woman and her children looking into the open grave of a drug user.
In April 1989 the firm agreed in principle to merge with First Hospital Corp., which operated psychiatric hospitals and substance abuse centers.
CompCare lost $4.5 million in 1992 on revenues of $59.9 million.
In May 1994 turnaround specialist and investment banker Chriss W. Street was named company chairperson.
The passion fostered in 2002 has not abated with the growth of the business.
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Comprehensive Care Management Corporation-Ccm competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| APLA Health | 1983 | $5.0M | 1 | 45 |
| Acadiana Cares | 1985 | $140,000 | 2 | - |
| Newark Emergency Center Inc | 1973 | $1.4M | 30 | - |
| The Philadephia Center | 1990 | $5.0M | 75 | 3 |
| Bethesda House | 1999 | $5.0M | 10 | 19 |
| South Central Community Services | 1970 | $5.2M | 200 | - |
| The Wellness Center | - | $390,000 | 15 | - |
| Northern Nevada HOPES | 1997 | $8.5M | 150 | 18 |
| Covenant Community Services | 2001 | $1.6M | 15 | - |
| Teen Challenge New England & New Jersey | 1964 | $9.1M | 111 | - |
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Comprehensive Care Management Corporation-Ccm may also be known as or be related to Comprehensive Care Management, Comprehensive Care Management Corporation and Comprehensive Care Management Corporation-Ccm.