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Brodsky was firmly in charge by that time, having assumed the post of president in June 1998 and adding the title of chairman at the end of the year.
Acquisition Campaign Begun After 1999 Public Offering
In April 2002, Brodsky relinquished his responsibilities as chief executive officer, handing the duties to James Bigl, who had been serving as National Medical's president for the previous two years.
Before the end of 2002 another acquisition was completed, the purchase of Wellpartner Inc., a mail-order pharmacy based in Portland, Oregon.
By the end of 2003, revenues reached $573 million, a more than fivefold increase in five years.
In March 2004, he and his family sold their majority interest in the company, selling their shares to New Mountain Capital, a private equity investment firm.
The first purchase completed with the team of Bigl and Smith at the helm occurred in March 2005.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Blue Cross & Blue Shield of Mississippi | 1947 | $880.0M | 1,000 | 10 |
| Humana Insurance Company | 1968 | $858.7M | 2,200 | - |
| Dental Select | 1989 | $6.9M | 124 | 76 |
| MMM Holdings, Inc. | 2004 | $141.0M | 1,847 | - |
| Seabury & Smith Inc | 1982 | $4.7M | 5 | - |
| Blue Cross and Blue Shield of Alabama | 1936 | $4.1B | 5,000 | - |
| Trip Mate | 1988 | $21.0M | 175 | - |
| ConnectiCare | 1981 | $254.9M | 200 | - |
| Miller First Insurance | 1877 | $4.4M | 50 | - |
| American Access Casualty | 1999 | $350,000 | 5 | - |
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Medical Card Systems,Inc. may also be known as or be related to Medical Card System Inc, Medical Card System Inc., Medical Card System, Inc. and Medical Card Systems,Inc.