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NMS Labs company history timeline

1971

The company launched seven construction projects in 1971, in addition to another hospital purchase, and had tripled in size within a year.

1974

There were both domestic and international divisions within NME to oversee management services provided to other hospitals by 1974.

1979

These efforts culminated in the 1979 purchases of Medfield Corporation and The Hillhaven Corporation.

1980

In 1980, NME signed a five-year, $150 million contract with Saudi Arabia to help develop health-care facilities in that country.

1981

More international contracts came in 1981, and by the end of that year NME had more than $1 billion in sales.

1982

NME acquired National Health Enterprises in 1982, whose 66 additional long-term care facilities made NME the nation’s second-largest nursing home owner.

1984

These included its equipment leasing and home care services, and even extended to health insurance and a Miami-based health maintenance organization (HMO) acquired in 1984.

1985

By 1985 NME was the second largest, publicly owned, healthcare services company in the nation, but changes within the industry mandated adjustments and restructuring.

1990

1990: As part of a broad internal restructuring, NME spins off its long-term care facilities and related operations as The Hillhaven Corporation.

1991

By 1991, under Eamer's leadership, NME had more than tripled the number of psychiatric facilities it operated.

2001

By 2001, Tenet owned 111 hospitals in the United States, and profits were soaring.

2002

2002-03:Company faces a new series of scandals, in which its management, billing, and diagnostic practices are called into question.

2003

In May 2003, Barbakow resigned as CEO, replaced by Trevor Fetter.

2013

In 2013, NMS Labs acquired Integrated Forensic Services (IFS), adding three further laboratories—now expanded to six, in Texas, North Carolina, Pennsylvania, and Florida—to its portfolio.

2022

"National Medical Enterprises, Inc. ." International Directory of Company Histories. . Retrieved May 23, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/national-medical-enterprises-inc

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Founded
1970
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Headquarters
Horsham, PA
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Zippia gives an in-depth look into the details of NMS Labs, including salaries, political affiliations, employee data, and more, in order to inform job seekers about NMS Labs. The employee data is based on information from people who have self-reported their past or current employments at NMS Labs. 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 NMS Labs. The data presented on this page does not represent the view of NMS Labs and its employees or that of Zippia.

NMS Labs may also be known as or be related to NMS Labs, National Medical Services, Inc. and Nms Labs.