Post job

Carolina Pines Regional Medical Center company history timeline

1956

By 1956, the board of trustees purchased the property from Doctor Byerly, and the hospital became a voluntary, nonprofit community hospital.

1977

1977: Hospital Management Associates, Inc. is founded by Joseph Greene.

1982

The first phase, which was completed in May, 1982, was the construction of approximately 19,300 square feet of new space in a two-story building, which was added where the Mary Byerly Wing previously stood.

1983

When Schoen was elected to the board of directors in February 1983, HMA had reported a meager profit of $251,000 on revenues of $25 million in its latest annual results.

Serving initially as a consultant to the company, he was soon named president and chief operating officer in December 1983 despite his lack of knowledge of the health care field.

1985

Over the course of two years, he helped shift the company's focus to non-urban hospitals and brought in $7 million in outside investments, which led to Schoen being named co-CEO with Greene in December 1985.

1986

By the end of 1986, HMA added three hospitals to the fold, leasing hospitals in Biloxi, Mississippi, and Marathon, Florida, and buying another in Louisbourgh, North Carolina.

To help support this expansion, Schoen took HMA public at $10 per share in 1986.

1987

HMA added three more hospitals in 1987, leasing a facility in Van Buren, Arkansas, and buying hospitals in Durant, Oklahoma, and Hamlet, North Carolina.

1989

In January 1989, HMA purchased an Orlando psychiatric hospital and a year later added the second of the company's two psychiatric hospitals by acquiring a Tesquesta, Florida, facility.

1991

In 1991, it bought 281-bed Riverview Regional Medical Center, located in Gadsden, Alabama, the company's largest facility to date.

1997

In July, 1997, a ground-breaking ceremony was held for the new $44.5 million dollar regional medical center located on Bobo Newsom Highway.

HMA added three hospitals to its system in 1997, agreeing to manage a hospital in Anniston, Alabama, leasing one in Brandon, Mississippi, and buying yet another in Little Rock, Arkansas, a market larger than the norm for the company.

1998

HMA picked up the acquisition pace in 1998, adding five hospitals to the chain, leasing facilities in Brooksville, Florida, and Spring Hill, Florida, and buying two hospitals in Flowood and another in Meridian, Mississippi.

1999

In January, 1999, Byerly officials announced the new medical center would be called Carolina Pines Regional Medical Center.

2000

Also in 2000, HMA added hospitals in Dade City, Florida, and Statesville, North Carolina.

2001

The company was well positioned for the change, its finances so strong that later in 2001 HMA was added to the S&P 500 Index, joining the ranks of other notable large-capitalization stocks.

Work at Carolina Pines Regional Medical Center?
Share your experience
Founded
1933
Company founded
Headquarters
Hartsville, SC
Company headquarter
Get updates for jobs and news

Rate Carolina Pines Regional Medical Center's efforts to communicate its history to employees.

Zippia waving zebra

Carolina Pines Regional Medical Center jobs

Do you work at Carolina Pines Regional Medical Center?

Does Carolina Pines Regional Medical Center communicate its history to new hires?

Carolina Pines Regional Medical Center history FAQs

Zippia gives an in-depth look into the details of Carolina Pines Regional Medical Center, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Carolina Pines Regional Medical Center. The employee data is based on information from people who have self-reported their past or current employments at Carolina Pines Regional Medical Center. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Carolina Pines Regional Medical Center. The data presented on this page does not represent the view of Carolina Pines Regional Medical Center and its employees or that of Zippia.

Carolina Pines Regional Medical Center may also be known as or be related to Carolina Pines Regional Medical Center, Hartsville HMA LLC and Hartsville HMA, LLC.