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Medical Care Development company history timeline

1967

Newhouse's summer experience led him eventually to become a full-time RAND employee. It invited Gerald Rosenthal, the same Harvard professor who would later head the National Center for Health Services Research and Development, to spend the summer of 1967 at RAND. Rosenthal refused but suggested thatJoseph Newhouse, one of his promising graduate students, take his place.

1971

In 1971, Senator Edward (Ted) Kennedy proposed a single-payer plan (a modern version of a universal, or compulsory system) that would be funded through taxes.

1977

By the time this last agency was created in 1977, the Center, according to White, had fallen "on hard times."

1980

By 1980, NHE accounted for 8.9 percent of GDP, an even larger leap than the decade prior.

1982

By the time the study ended in 1982, Newhouse and his associates had acquired a plethora of data.

1990

By 1990, NHE accounted for 12.1 percent of GDP — the largest increase thus far in the history of healthcare.

1993

After a period of debate toward the end of 1993, Congress left for winter recess with no conclusions or decisions, leading to the bill’s quiet death.

1996

In 1996, Clinton signed the Health Insurance Portability and Accountability Act (HIPAA), which established privacy standards for individuals.

2000

By the year 2000, NHE accounted for 13.3 percent of GDP — just a 1.2 percent increase over the past decade.

2016

Nevertheless, 8 million people signed up for insurance through the ACA Marketplace during the first open enrollment season, with enrollment peaking in 2016 at 12.2 million (with 10 million of those receiving subsidies to help pay for insurance).

2017

Since Donald Trump was sworn in as the 45th President of the United States on January 20, 2017, many have questioned what would happen with our healthcare system — specifically, what would happen to the ACA, since Donald Trump ran on a platform of “repealing and replacing” the bill.

2018

In January of 2018, the Trump administration allowed states to add work requirements to Medicaid, requiring beneficiaries to prove that they either work or go to school.

2020

Hungry to notch a win on healthcare prior to the 2020 election, the Trump administration continues to push ahead on initiatives designed to reign-in healthcare costs.

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Founded
1966
Company founded
Headquarters
Augusta, ME
Company headquarter
Founders
Sue Mbaya
Company founders
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Medical Care Development competitors

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amfAR1985$50.5M103-
Life Path Trust1973$10.5M14928
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Evergreen Life Product Srl-$17.6M350189
Progressive Healthcare Providers Inc1995$50.0M10-
Crestwood Behavioral Health1968$280.0M3,000146
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Medical Care Development may also be known as or be related to Medical Care Development, Medical Care Development Inc, Medical Care Development Inc. and Medical Care Development, Inc.