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Kinetic Concepts history
Kinetic Concepts company history timeline
In 1977, Kinetic Concepts made medical equipment history by renting--not selling--its product.
In 1983, the Roto Rest bed was further publicized by an appearance on network television and five more articles in medical journals.
In 1984 the company had its first big break--the release of a product designed completely in-house, the KinAir bed.
Demand for this product was unprecedented, and the company grew fast to meet the market--over 100 percent in 1985.
KCTS accounted for 64 percent of the company's overall revenue in 1996 and almost half the company's workforce.
Hill-Rom, which ranks as KCI's principal competitor, countersued, and then, in 1996, opened new litigation claiming that one of KCI's latest products, the TriaDyne critical care recovery bed, infringes on the Hill-Rom patent for a similar purpose.
Immediately Novamedix Limited filed suit for patent infringement--Novamedix is the largest direct competitor for the PlexiPulse product. (By mid-1997, the lawsuit had not yet been resolved in favor of either party.) Nutech revenue accounts for approximately 6 percent of KCI's overall earnings.
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Kinetic Concepts competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Stryker | 1941 | $22.6B | 43,000 | 2,222 |
| Community Health Systems | 1985 | $12.6B | 120,000 | 4,920 |
| Owens & Minor | 1882 | $10.7B | 17,900 | 648 |
| Express Scripts Holding | 1986 | $100.1B | 26,600 | - |
| Medco Tool | - | $70.1B | 24,000 | - |
| Centene | 1984 | $163.1B | 65,000 | 504 |
| Elevance Health | 1944 | $121.9B | 63,900 | 2 |
| InstaMed | 2004 | $10.0M | 20 | - |
| Otonomy | 2008 | $1.0M | 49 | 3 |
| Marena | 1994 | $17.5M | 100 | - |
Kinetic Concepts history FAQs
Zippia gives an in-depth look into the details of Kinetic Concepts, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Kinetic Concepts. The employee data is based on information from people who have self-reported their past or current employments at Kinetic Concepts. 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 Kinetic Concepts. The data presented on this page does not represent the view of Kinetic Concepts and its employees or that of Zippia.
Kinetic Concepts may also be known as or be related to KINETIC CONCEPTS INC, Kci Usa, Kinetic Concepts and Kinetic Concepts Inc.