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Medical Company history
Medical Company company history timeline
Despite all the new products lines incorporated into the company, Sunrise profits began to fall precariously in 1986.
Encouraged by the success of Henley International, Davidson left his post at Intermedics in 1986 to run the venture.
Sunrise's reorganization plan continued into 1988.
Company revenues shot up to $243 million, a 72 percent rise since 1988, while earnings were reported at over $12 million.
By the end of fiscal 1989, Sunrise revenues had risen to just over $152 million.
Zeon Medical Inc. launched operations on January 1, 1990 as an affiliated company of Zeon Corporation, a polymer chemistry manufacturer.
The ventricular artificial heart, a typical medical device resulting from these efforts, was the first such product in the world to obtain approval for manufacture from the former Ministry of Health and Welfare (currently the Ministry of Health, Labor and Welfare) in January 1990.
Quickie introduced its original, United States-made power wheelchair in 1990 and since that time has continuously produced more and more innovative wheelchairs.
The company's worth was estimated at more than $15 million in 1990.
By 1989, Henley International had had average annual growth of more than 50 percent since 1986. For example, in 1990 Davidson engineered the buyout of North Carolina-based White Knight Health Care, which boosted Henley International's 250-member work force by 100.
Henley purchased Argon Medical from drug industry giant Bristol-Myers Squibb in 1991.
Sunrise had a watershed year in 1992.
In 1992, Henley International bought Boundary Healthcare, a top manufacturer of infection-control apparel worn by care givers in operating rooms.
In December of 1993, Davidson moved Maxxim to the New York Stock Exchange and made a second successful stock offering.
By 1993, Henley had evolved into more of a healthcare products company than a physical therapy company, with more than 80 percent of its sales coming from healthcare supplies and devices.
Maxxim had less than $6 million of long-term debt going into 1994.
Medica B.V., Maxxim's fifth operating division, was purchased in January 1995.
AMM has used the EZ-CAP information management software since 1995 and is an active participant in its User Groups and Advisory Council.
In July 1996, the export, research and development, and manufacturing operations of Zeon Corporation were transferred to Zeon Medical Inc., and Zeon Medical Inc. completed the establishment of an integrated system as a highly respected and integrated medical device manufacturer.
Chandler hoped DeVilbiss would help Sunrise become a billion dollar company by the year 2000.
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Medical Company competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Baptist Hospital Southeast Inc | - | $120.0M | 700 | - |
| CHI Mercy Health | 1909 | $70.0M | 1,000 | 27 |
| Boston Children's Hospital | 1869 | $5.5B | 9,993 | 114 |
| University Hospitals | 1866 | $4.2B | 27,719 | 298 |
| Saint Francis Hospital | 1924 | $170.0M | 3,500 | 137 |
| StMarysMadison | 1912 | $213.7M | 1,750 | 10 |
| Good Samaritan | 1908 | $322.4M | 2,519 | 1,482 |
| Methodist Hospital Of Henderson, Kentucky | 1946 | $10.0M | 3,000 | 150 |
| St Vincent Medical Group Inc | 2010 | $238.3M | 2,572 | - |
| St. Luke's Hospital | 1866 | $490.0M | 2,329 | 450 |
Medical Company history FAQs
Zippia gives an in-depth look into the details of Medical Company, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Medical Company. The employee data is based on information from people who have self-reported their past or current employments at Medical Company. 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 Medical Company. The data presented on this page does not represent the view of Medical Company and its employees or that of Zippia.
Medical Company may also be known as or be related to MEDICAL SERVICES INC, Medical Company and T.H.E. MEDICAL, INC.