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Lincare Holdings history
Lincare Holdings company history timeline
1987: Union Carbide spins off Linde Homecare as Lincare Inc., an autonomous affiliate.
The partner-owners took the company public, making an initial public offering in March 1990.
In December 1992, the company made a second offering of 1.7 million shares at $28.50 per share.
In 1994, after buying a small California company, it briefly came under the scrutiny of the Federal Trade Commission office in San Francisco.
By July the merger value of Coram's stock had fallen to $840 million and, as a result, the parties called the merger deal off. It was in 1995 that Lincare came close to selling out to the Denver-based, home health giant, Coram Healthcare.
1995 and Beyond: Expansion Despite Challenges
In 1997, its revenues had reached $443.2 million, with about 90 percent of that coming from delivering oxygen to patients in their homes.
1997: Company purchases an additional 24 competitors.
By July of 2000, just prior to its acquisition of United Medical Inc. of Wynne, Arkansas, Lincare was operating 429 health-care centers in 42 states and servicing over 225,000 customers.
2000: Federal grand jury begins an investigation of alleged irregularities.
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Lincare Holdings competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Sutter Health | 1865 | $10.0B | 55,000 | 2,446 |
| Tenet Healthcare | 1969 | $20.7B | 102,000 | 4,351 |
| IASIS Healthcare | 1998 | $530.1M | 13 | - |
| MEDNAX | 1979 | $1.7B | 8,000 | 4 |
| Tandem Diabetes Care | 2006 | $940.2M | 1,500 | 2 |
| Apria Healthcare | 1924 | $990.0M | 13,200 | 2 |
| Rotech Healthcare | 1981 | $483.8M | 3,800 | 318 |
| Family Medical Supply | 1990 | $8.5M | 210 | - |
| Maximus | 1975 | $5.3B | 34,300 | 12,166 |
| Liberty Medical Center | 1998 | $10.0M | 112 | 8 |
Lincare Holdings history FAQs
Zippia gives an in-depth look into the details of Lincare Holdings, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Lincare Holdings. The employee data is based on information from people who have self-reported their past or current employments at Lincare Holdings. 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 Lincare Holdings. The data presented on this page does not represent the view of Lincare Holdings and its employees or that of Zippia.
Lincare Holdings may also be known as or be related to Lincare, Lincare Holdings, Lincare Holdings Inc, Lincare Holdings Inc., Lincare Holdings, Inc, Lincare Holdings, Inc. and Lincare Inc.