COMPANY·HISTORIES
SIC 8082

Pharmaceutical, Home Health Care Services

How the companies in this industry began, and the forces that shaped them.

14companies1964–1995founding years14still active0no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironment
FoundedBeverly Enterprises, Inc.FoundedBeverly Enterprises, Inc.
1964
FoundedCommunity Psychiatric CentersFoundedCommunity Psychiatric CentersFoundedDiscount Drug Mart, Inc.FoundedDiscount Drug Mart, Inc.
1969
1970
EnvironmentThe EPA is founded; environmental regulation expands.
1971
EconomyThe dollar leaves the gold standard; Nasdaq opens.
1973
EconomyThe OPEC oil embargo triggers a global shock.
1975
TechnologyThe personal-computer era begins with the Altair.
FoundedKinetic Concepts, Inc. (KCI)FoundedKinetic Concepts, Inc. (KCI)
1976
1979
EconomyA second oil crisis drives inflation higher.
1981
TechnologyThe IBM PC launches and sets a standard.
FoundedSierra Health Services, Inc.FoundedSierra Health Services, Inc.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
1987
EconomyBlack Monday: markets fall 22% in a single day.
FoundedVivra, Inc.FoundedVivra, Inc.
1989
1991
TechnologyThe World Wide Web is released to the public.
1993
TechnologyThe Mosaic browser brings the web to everyone.
FoundedMatria Healthcare, Inc.FoundedMatria Healthcare, Inc.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EconomyThe Asian financial crisis rattles global markets.
EnvironmentThe Kyoto Protocol sets the first climate targets.
2000
EconomyThe dot-com bubble bursts.
2001
EconomyThe September 11 attacks; a recession follows.
2004
TechnologySocial media and Web 2.0 begin to take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2008
EconomyThe global financial crisis freezes credit.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

Beverly Enterprises, Inc. →
Active · founded 1964
Beverly Enterprises is the largest nursing home chain in the United States.
Beverly Enterprises, Inc. →
Active · founded 1964
Beverly Enterprises is the largest nursing home chain in the United States.
Community Psychiatric Centers →
Active · founded 1969
Community Psychiatric Centers was one of the largest chains of investor-owned psychiatric hospitals in the United…
Community Psychiatric Centers →
Active · founded 1969
Community Psychiatric Centers was one of the largest chains of investor-owned psychiatric hospitals in the United…
Discount Drug Mart, Inc. →
Active · founded 1969
Discount Drug Mart, Inc.
Discount Drug Mart, Inc. →
Active · founded 1969
Discount Drug Mart, Inc.
Kinetic Concepts, Inc. (KCI) →
Active · founded 1976
Kinetic Concepts, Inc.
Kinetic Concepts, Inc. (KCI) →
Active · founded 1976
Kinetic Concepts, Inc.
Sierra Health Services, Inc. →
Active · founded 1984
Overseeing the largest and oldest health maintenance organization (HMO) in Nevada, Sierra Health Services, Inc.
Sierra Health Services, Inc. →
Active · founded 1984
Overseeing the largest and oldest health maintenance organization (HMO) in Nevada, Sierra Health Services, Inc.
Vivra, Inc. →
Active · founded 1989
Vivra, Inc.
Vivra, Inc. →
Active · founded 1989
Vivra, Inc.
Matria Healthcare, Inc. →
Active · founded 1995
As the leading provider of high-risk, home health care obstetrical services in the United States, Matria Healthcare,…
Matria Healthcare, Inc. →
Active · founded 1995
As the leading provider of high-risk, home health care obstetrical services in the United States, Matria Healthcare,…
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