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Oxford HealthCare company history timeline

1975

In March 1975 a new 4-story brick hospital building opened, housing 99 beds.

1976

A native of Minnesota, Wiggins had earned his bachelor's degree at Macalester College in St Paul before tagging on a Harvard MBA. He started his career in 1976 with Health Central, Inc., a company that owned and operated several midwestern hospitals.

1977

In 1977, two VA doctors, Doctor Rosalyn Yalow (Bronx VAMC) and Doctor Andrew Schally (New Orleans VAMC) received the Nobel Prize in Physiology or Medicine for their work in developing radioimmunoassay of peptide hormones.

1984

Oxford Health Plans is primarily the creation of Stephen F. Wiggins, who founded the company in 1984.

1987

By 1987, its first full year of operation, Oxford generated premiums of about $5.6 million.

1988

The company raised $11.2 million through a private stock placement in 1988 and used the money to beef up its sales force, to increase advertising and promotions, and to scout for some acquisitions of its own to bolster its product offerings.

1989

The change took full effect on March 15, 1989, when the Veterans Administration was renamed as the Department of Veterans Affairs.

1990

In 1990, in fact, Oxford was the second most profitable HMO in New York.

1991

VA’s Department of Medicine and Surgery was re-designated as the Veterans Health Services and Research Administration, as part of the elevation, and on May 7, 1991, was renamed as the Veterans Health Administration (VHA).

Net income rose during the same period from about $3.6 million (1991) to nearly $28 million.

1994

By early 1994 Oxford was boasting a roster of about 250,000 members.

Revenues more than doubled again in 1994, moreover, to $721 million.

1995

By late 1995, Oxford was serving a base of about one million customers and annualized sales had surpassed $1 billion.

2000

In 2000, OCH re-opened it as a renovated 45-bed acute care hospital facility, with only 35 full-time employees.

2005

In 2005, the 100-bed hospital located in Gravette closed.

2007

In early 2007, our organization was approached by community leaders from a remote town in Northwest Arkansas about the possibility of reopening a closed hospital that was once the major employer and medical safety net for many in rural Benton County.

2008

In 2008, OCH re-opened it as a renovated 25-bed critical access hospital with 30 employees.

2016

In late 2016, the OCH Health System announced expansion to 5 rural health clinics including one in Oklahoma.

2022

Graduate School Open Afternoon for 2022 entry

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Founded
1974
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Headquarters
Springfield, MO
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Zippia gives an in-depth look into the details of Oxford HealthCare, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Oxford HealthCare. The employee data is based on information from people who have self-reported their past or current employments at Oxford HealthCare. 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 Oxford HealthCare. The data presented on this page does not represent the view of Oxford HealthCare and its employees or that of Zippia.

Oxford HealthCare may also be known as or be related to HEALTHCARE SERVICES OF THE OZARKS INC, Healthcare Services Of The Ozarks Inc, Healthcare Services Of The Ozarks, Inc., Healthcare Services of The Ozarks Inc., Healthcare Services of The Ozarks, Inc. and Oxford HealthCare.