Post job

Owens Healthcare company history timeline

1965

The first classes were offered in Toledo on September 13, 1965 with less than 200 students.

1968

In 1968, the company acquired the Richmond, Norfolk, and Washington, D.C., operations belonging to Powers & Anderson, Inc., then the following year purchased Powers & Anderson's operations in Charleston, South Carolina.

1970

Next, in 1970, the company acquired Augusta, Georgia-based Marks Surgical, another strategically important move that helped Owens, Minor & Bodeker eclipse $20 million in sales by the end of the year and widen its geographical scope to comprise a four-state territory.

1971

The company went public the following year, in 1971, offering stock for the first time on the over-the-counter exchange, then embarked on another acquisition spree, entrenching its position in the medical and surgical distribution market.

1972

In 1972 the company acquired Murray Drug, based in Norfolk, Virginia, then two years later purchased White Surgical of Knoxville.

1976

In 1976 the company increased its geographic territory, gaining four locations in Texas and Louisiana through the acquisition of Southern Hospital, and securing a foothold in Florida fours years later with the purchase of Jacksonville, Florida-based Medical Supply.

1982

In January 1982, at the beginning of the company's centennial year, a name change was effected and Owens, Minor & Bodeker Drug Co. became Owens & Minor, Inc.

1983

In 1983, Owens Community College opened its Findlay-area campus at Cory and Davis streets.

1984

Florida Hospital Supply was purchased the following year, representing the first wholesale drug acquisition in nearly two decades, but the most momentous development in 1984 occurred in Owens & Minor's other business segment.

1990

In 1990, the year George Gilmer Minor, III, had hoped to reach $1 billion in sales, Owens & Minor recorded $1.2 billion in sales, exceeding earlier expectations.

1992

1992 Divestiture of Wholesale Drug Division

1998

A major sign of trouble came in May 1998, when the corporation lost its largest account (Columbia/HCA Healthcare Corp oration) to a rival firm.

Even as early as the end of the third quarter of 1998, analysis showed that, while sales had dropped (as compared with the same period in the previous year), profits had actually increased and earning per share had gone up by as much as 25 percent.

2002

In 2002, Owens & Minor introduced third-party logistics and also created MediChoice®, its first private label line, offering provider customers products at competitive prices.

2004

At the end of the first quarter of 2004, dividends paid to shareholders of record had increased 38 percent over what they had been the previous year.

2014

In 2014, Owens & Minor acquired Medical Action Industries, a leading United States-based provider of procedural kits and trays, as well as ArcRoyal, a privately-held kitting company based in Ireland.

2017

The Company entered the patient-direct business with the 2017 acquisition of Byram Healthcare, a leading domestic distributor of medical supplies sold directly to patients and home health agencies.

2018

In 2018, Owens & Minor completed the acquisition of the surgical and infection prevention business of Halyard Health, expanding its reach into new markets around the world and developing its presence in the medical products segment.

2022

January 2022 marks the 140th year of the official founding of Owens & Minor, which occurred on Jan.

On March 29th, 2022, the acquisition of Apria, Inc was completed.

Work at Owens Healthcare?
Share your experience
Founded
1957
Company founded
Headquarters
Redding, CA
Company headquarter
Founders
Mark A. Beck
Company founders
Get updates for jobs and news

Rate Owens Healthcare's efforts to communicate its history to employees.

Zippia waving zebra

Owens Healthcare jobs

Do you work at Owens Healthcare?

Is Owens Healthcare's vision a big part of strategic planning?

Owens Healthcare competitors

Company nameFounded dateRevenueEmployee sizeJob openings
NeighborCare Pharmacy Services Inc1980$800.0M3,466-
North Sunflower Medical Center1950$17.0M203-
Capella Healthcare2005$480.0M5,450-
OnePoint Patient Care1969$10.9M177-
Enclara Health Inc2006$1.1M5-
PharMerica2006-6,0001
Completerx-$1.2M657
Geneva Woods Pharmacy1977$1.8M35-
Turenne PharMedCo1992$20.0M148-
HomeChoice Partners1996$14.0M7502

Owens Healthcare history FAQs

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

Owens Healthcare may also be known as or be related to Owens Healthcare.