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Sunrise Health and Hospice history
Sunrise Health and Hospice company history timeline
In 1974, Andy Turner, a graduate of Ohio State University in business administration, began his career in the health services industry when the pastor of his church asked him to take over the management of the church's nursing home in Springfield, Ohio.
In 1981, Paul and Terry Klaassen opened the first Sunrise community in Oakton, Virginia.
The company completed its initial public offering in October 1983, and built a network of subacute facilities in two specialized divisions, Skilled Nursing/Rehabilitation Services and Psychiatric Services/Substance Abuse Treatment.
In 1986, Turner and two partners, one of whom was Neal Elliott, president of Hillhaven, left to form Horizon Healthcare Corporation in Washington, before moving the company's headquarters to Albuquerque, New Mexico.
In 1991, bad press for the two leading publicly held psychiatric hospital companies, NME and Community Psychiatric Centers, brought the entire psychiatric industry down, but, in August of that year, Mediplex managed to raise $38 million from a second public offering.
By 1992, total revenues had reached $135.7 million, with net income of $4.4 million.
Mediplex Group Inc., 1994
In 1995, Horizon attempted to purchase Hillhaven, but it was instead acquired by Louisville, Kentucky-based Vencor Inc., a long-term acute care company, one-fourth the size of Hillhaven.
The strategy from 1996 on was growth and expansion through mergers and acquisitions, as well as diversification.
Total revenue for the company in 1996 reached $1.3 billion, with a net income of $21.5 million.
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Sunrise Health and Hospice competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Transitions Hospice | - | $630,000 | 3 | - |
| National Home Health Care | 1983 | $420.0M | 3,680 | 6 |
| Alternate Solutions HomeCare | 1999 | $26.0M | 750 | - |
| Hospice Alliance | 1981 | $50.0M | 3 | - |
| Arkansas Hospice | 1992 | $980,000 | 15 | 51 |
| Unity Hospice | 1992 | $470,000 | 50 | 17 |
| Heartland Home Health Inc. | - | $1.3M | 35 | 254 |
| Heart to Heart Hospice | 2003 | $770,000 | 50 | 110 |
| Action Healthcare Staffing | - | $2.6M | 375 | 16 |
| Agape Hospice Care | 2009 | $110,000 | 5 | 13 |
Zippia gives an in-depth look into the details of Sunrise Health and Hospice, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Sunrise Health and Hospice. The employee data is based on information from people who have self-reported their past or current employments at Sunrise Health and Hospice. 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 Sunrise Health and Hospice. The data presented on this page does not represent the view of Sunrise Health and Hospice and its employees or that of Zippia.
Sunrise Health and Hospice may also be known as or be related to Apache OXY-Med, Inc., Sunrise Health And Hospice and Sunrise Health and Hospice.