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Providence Service history
Providence Service company history timeline
He left Youth Services in December 1996, less than a year and a half after joining the company, and founded Providence.
When McCusker set about organizing Providence in December 1996, social-service agencies were just beginning to respond to government initiatives geared toward privatization, spawning McCusker's visionary perspective on the development of the government-sponsored social services.
The company acquired smaller versions of itself, completing its first "tuck-in" acquisition on February 5, 1997.
Not long after releasing its annual financial statement for 1999, Providence began to benefit from increased national demand for alternative methods of providing social services, an interest that was noted by McCusker.
In 2000, Providence Services “Costa Rica” opened its door in order to increase our network of international representatives.
After recording a net loss totaling more than $2.6 million during its first three years of business, the company posted its first annual profit in 2001, registering $394,000 in net income.
In early 2003, McCusker began to make plans for Providence's initial public offering (IPO) of stock.
Nevertheless, Providence completed two acquisitions in the first half of 2004, perhaps indicating a more active posture on the acquisition front than McCusker articulated.
Sierra Providence East Medical Center opened in 2008 to meet the growing healthcare needs of the East El Paso community.
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Providence Service competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Express Scripts Holding | 1986 | $100.1B | 26,600 | - |
| Community Health Systems | 1985 | $12.6B | 120,000 | 5,018 |
| Aetna | 1853 | $60.6B | 47,950 | 9 |
| WellCare Health Plans | 1985 | $20.4B | 14,000 | - |
| Centene | 1984 | $163.1B | 65,000 | 469 |
| Coventry Health Care | 1986 | $14.1B | 14,400 | 1 |
| CSX | 1978 | $14.5B | 20,908 | 19 |
| Connections For Kids | 1996 | $950,000 | 49 | 12 |
| Providence Medical Group | 2002 | $11.0M | 309 | 35 |
| North Country HealthCare | 1996 | $51.5M | 200 | 20 |
Providence Service history FAQs
Zippia gives an in-depth look into the details of Providence Service, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Providence Service. The employee data is based on information from people who have self-reported their past or current employments at Providence Service. 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 Providence Service. The data presented on this page does not represent the view of Providence Service and its employees or that of Zippia.
Providence Service may also be known as or be related to Providence, Providence Service, Providence Service Corporation and The Providence Service Corporation.