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Hca Hospital Services Of San Diego history
Hca Hospital Services Of San Diego company history timeline
Private CompanyIncorporated: 1960 as Park View Hospital, Inc.Employees: 68,000Sales: $4.27 billion
To provide better care for his own patients, Frist, together with ten investors, built Nashville-based Park View Hospital in 1960, which later became the company’s flagship operation.
In 1968, they formed Hospital Corporation of America (HCA). At that time, HCA Healthcare was one of the first hospital companies in the United States.
By 1973, Hospital Corporation had become the world’s largest publicly owned hospital-management company, representing 51 hospitals with a total of 7,900 beds.
In 1973, HCA also entered the international marketplace, taking on management of the King Faisal Specialist Hospital and Research Centre in Riyadh, Saudi Arabia.
With the launching of its management contracts division, HCA Management Company, and Parthenon Insurance Company in 1977, HCA ushered in a period of heightened expansion and diversification.
In April 1980, HCA acquired General Health Services, which owned 14 hospitals and various ancillary healthcare services.
“HCA: Champion In a New Growth Industry, Dun’s Business Month, December 1982; “HCA History,” Hospital Corporation of America Corporate typescript [n.d.].
Although in 1982 HCA sold the 18 nursing homes it had acquired via HAI, in exchange for an 18% interest in Beverly Enterprises, the nation’s largest nursing home-management company.
By 1983, HCA ran 30 projects in seven foreign countries.
In 1986 HCA’s money-losing health insurance units were folded into a joint venture with the Equitable Life Assurance Society of America, called EQUICOR-Equitable HCA Corporation.
By late 1988 Frist planned to concentrate on the profitable psychiatric and medical and surgical hospital businesses.
© 2022 Scripps Health.
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Hca Hospital Services Of San Diego competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Medical City Arlington | 1976 | $499,999 | 50 | 212 |
| Spartanburg Regional Healthcare System | 1921 | $5.5B | 6,000 | 335 |
| Cascade Health | 2003 | $3.7M | 50 | 33 |
| NurseCore | 1996 | $7.2M | 62 | 161 |
| The Medical Center Inc | 1986 | $170.0M | 1,330 | 118 |
| INTEGRIS Health | 1983 | $1.5B | 9,908 | 597 |
| AdventHealth | 1973 | $9.5B | 71,400 | 3,932 |
| Heart of Florida Health Center | 1991 | $10.0M | 25 | 34 |
| Washington County Memorial Hospital | - | $8.8M | 66 | - |
| Texas Health Presbyterian Hospital Rockwall | 2007 | $440.7M | 350 | 3 |
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