CHG Healthcare Services

Last updated
CHG Healthcare
Company type Privately held company
Industry Healthcare
PredecessorCompHealth
Founded Salt Lake City, Utah, (1979 (1979))
FounderTherus C. Kolff
Headquarters
Midvale, Utah
,
Area served
Intermountain West, United States
Key people
Therus C. Kolff, MD
Leslie Snavely
(CEO)
Number of employees
3,164 [1]
Website www.chghealthcare.com

CHG Healthcare is an American healthcare services company that was founded in 1979 by Therus C. Kolff to deliver medical care to rural areas of the western United States. The company is based in Midvale, Utah.

Contents

In August 2024, Leslie Snavely was named CEO. [2]

History

CHG Healthcare was originally known as CompHealth and now includes a collection of healthcare-related companies such as LocumsMart, CompHealth, Weatherby Healthcare, RNnetwork, Foundation Medical Staffing, Global Medical Staffing (purchased in 2016), [3] and Modio Health (purchased in 2019). [4] The CHG family of companies is one of the largest providers of healthcare staffing in the United States, with a 31% market share in locum tenens revenue. [5] Their services also include both temporary and permanent placement of physicians, nurses, and allied health professionals.

In October 2012, the company was acquired by private equity firms Leonard Green & Partners and Ares Management. [6]

In January 2015, Scott Beck was named CEO. He replaced Michael Weinholtz, who had served as CEO since 1998. [7] Beck retired in 2024 and was replaced by Leslie Snavely. [2]

Acquisitions

The company acquired Global Medical Staffing in August 2016 and remained a stand-alone brand. [8]

In 2019, Modio Health, a cloud-based career management and credentialing company. [9]

CHG Healthcare acquired Locumsmart, a locum tenes vendor management system, in February 2020. [10]

Recognition

In 2018, the company was listed at #2 on the Salt Lake Tribune 's "Top Work Places" for large businesses. [11] Up until 2022, the company was consistently named as one of Fortune magazine's "100 Best Companies to Work For". [12]

Related Research Articles

<span class="mw-page-title-main">GE HealthCare</span> American multinational medical technology company

GE HealthCare Technologies, Inc. is an American multinational health technology company headquartered in Chicago, Illinois.

<span class="mw-page-title-main">HCA Healthcare</span> American healthcare facilities company

HCA Healthcare, Inc. is an American for-profit operator of health care facilities that was founded in 1968. It is based in Nashville, Tennessee, and, as of May 2020, owned and operated 186 hospitals and approximately 2,400 sites of care, including surgery centers, freestanding emergency rooms, urgent care centers and physician clinics in 20 states and the United Kingdom. As of 2024, HCA Healthcare is ranked #61 on the Fortune 500 rankings of the largest United States corporations by total revenue.

McKesson Corporation is a publicly-traded American company that distributes pharmaceuticals and provides health information technology, medical supplies, and health management tools. The company delivers a third of all pharmaceutical products used or consumed in North America and employs over 51,000 employees. With $308.9 billion in 2024 revenue, it is the ninth-largest company by revenue in the United States and the nation's largest health care company. The company is headquartered in Irving, Texas. It is a member of the S&P 500 and New York Stock Exchange, where it is traded under the ticker symbol NYSE: MCK.

<span class="mw-page-title-main">Cardinal Health</span> American multinational health care services company

Cardinal Health, Inc. is an American multinational health care services company, and the 14th highest revenue generating company in the United States. Headquartered in Dublin, Ohio, the company specializes in the distribution of pharmaceuticals and medical products, serving more than 100,000 locations. The company also manufactures medical and surgical product, including gloves, surgical apparel, and fluid management products. In addition, it operates one of the largest networks of radiopharmacies in the U.S. Cardinal Health provides medical products to over 75 percent of hospitals in the United States.

<span class="mw-page-title-main">Axa</span> French multinational insurance firm

Axa S.A. is a French multinational insurance corporation headquartered in the 8th arrondissement of Paris. It also provides investment management and other financial services via its subsidiaries. As of 2023, it is the largest financial services company by revenue in France, and the 4th largest French company.

UnitedHealth Group Incorporated is an American multinational health insurance and services company based in Minnetonka, Minnesota. Selling insurance products under UnitedHealthcare, and health care services under the Optum brand, it is the world's eleventh-largest company by revenue and the largest health care company by revenue.

<span class="mw-page-title-main">Adecco</span> Swiss multinational human resource consulting company

The Adecco Group is a Swiss–French company based in Zürich, Switzerland. It is the world's second largest human resources provider and temporary staffing firm. It is a Fortune Global 500 company and is listed on the SIX Swiss Exchange.

IMS Health was an American company that provided information, services and technology for the healthcare industry. IMS stood for Intercontinental Medical Statistics. It was the largest vendor of U.S. physician prescribing data. IMS Health was founded in 1954 by Bill Frohlich and David Dubow with Arthur Sackler having a hidden ownership stake. In 2010, IMS Health was taken private by TPG Capital, CPP Investment Board and Leonard Green & Partners. The company went public on April 4, 2014, and began trading on the NYSE under the symbol IMS. IMS Health was headquartered in Danbury, Connecticut.

<span class="mw-page-title-main">Universal Health Services</span> American hospital management company

Universal Health Services, Inc. (UHS) is an American Fortune 500 company that provides hospital and healthcare services, based in King of Prussia, Pennsylvania. In 2023, UHS reported total revenues of $14.3b.

<span class="mw-page-title-main">Apollo Global Management</span> American private equity company

Apollo Global Management, Inc. is an American asset management firm that primarily invests in alternative assets. As of 2022, the company had $548 billion of assets under management, including $392 billion invested in credit, including mezzanine capital, hedge funds, non-performing loans, and collateralized loan obligations, $99 billion invested in private equity, and $46.2 billion invested in real assets, which includes real estate and infrastructure. The company invests money on behalf of pension funds, financial endowments, and sovereign wealth funds, as well as other institutional and individual investors.

Graphite Capital is a private equity firm focused on mid-market leveraged buyout investments, primarily in the UK. The group manages around £1.2 billion for institutional investors, with the most recent fund raising over £500 million in 2018. Since 1991, the firm has backed almost 100 management teams through various investments.

<span class="mw-page-title-main">Francisco Partners</span> American private equity firm

Francisco Partners Management, L.P., doing business as Francisco Partners, is an American private equity firm focused exclusively on investments in technology and technology-enabled services businesses. It was founded in August 1999 and based in San Francisco with offices in London and New York City.

Sonic Healthcare Limited is a Sydney-based, Australian company that provides laboratory services, pathology, radiology services and Primary care medical services.

<span class="mw-page-title-main">NextGen Healthcare</span> American software and services company

NextGen Healthcare, Inc. is an American software and services company headquartered in Atlanta, Georgia. The company develops and sells electronic health record (EHR) software and practice management systems to the healthcare industry, as part of a range of software, services and analytics solutions for medical and dental practices. On September 7, 2018, Quality Systems, Inc. changed its name to NextGen Healthcare, Inc. and on September 10, their stock ticker symbol changed to NASDAQ: NXGN.

Huron Consulting Group, commonly known as Huron, is a management consulting firm offering services to the healthcare, life sciences, commercial, and higher education industries.

<span class="mw-page-title-main">Advanz Pharma</span> British pharmaceutical company

Advanz Pharma Corp. is a British multinational pharmaceutical company headquartered in London. It changed its name from Concordia Healthcare Corp. in November 2018. The company focuses on a number of therapy areas including endocrinology, ophthalmology, urology, anti-infectives, pain management, central nervous system disorders, oncology, haematology, cardiology and intensive care medicine. The company also focuses on acquiring legacy pharmaceutical compounds which are usually off-patent. The operational headquarters is in London, UK, operations centre in Mumbai, India and regional hubs in Europe, Australia and Canada.

<span class="mw-page-title-main">DaVita</span> American dialysis provider

DaVita Inc. provides kidney dialysis services through a network of 2,675 outpatient centers in the United States, serving 200,800 patients, and 367 outpatient centers in 11 other countries serving 49,400 patients. The company primarily treats end-stage renal disease (ESRD), which requires patients to undergo kidney dialysis 3 times per week for the rest of their lives unless they receive a kidney transplant via organ donation. The company has a 37% market share in the U.S. dialysis market. It is organized in Delaware and based in Denver.

<span class="mw-page-title-main">Nomad Health</span>

Nomad Health is an online marketplace that directly connects physicians, nurses, and medical facilities for healthcare jobs, without the involvement of third party employment agencies. Nomad Health is based in New York City.

Optum, Inc. is an American healthcare company that provides technology services, pharmacy care services and various direct healthcare services.

RSK Group is a privately held UK-based environmental, engineering and technical services group, comprising over 175 companies employing some 10,500 people and with turnover of £1.22bn in 2023.

References

  1. "CHG Healthcare".
  2. 1 2 Alvarez, Katherine (15 August 2024). "CHG Healthcare names new CEO". SIA. Retrieved 15 October 2024.
  3. "CHG Healthcare expands temporary physicians staffing business". 25 August 2016.
  4. "CHG Healthcare acquires Modio Health". 10 October 2019.
  5. "Report ranks largest US healthcare staffing firms". Staffing Industry Analysts. 2015-08-05. Retrieved 2016-01-22.
  6. "Leonard Green, Ares snap up CHG Healthcare". Reuters. 22 October 2012. Retrieved 14 November 2024.
  7. "CHG's longtime CEO steps down, healthcare staffing firm names new top exec". SIA. 7 January 2015. Retrieved 29 October 2024.
  8. "CHG Healthcare acquires Global Medical Staffing". SIA. 6 September 2016. Retrieved 14 November 2024.
  9. Chang, Amy (9 March 2020). "US healthcare staffing companies continue to acquire and expand their workforce solutions capabilities". SIA. Retrieved 14 November 2024.
  10. "CHG Healthcare acquires Locumsmart, the leading locum tenens management system". locumsmart.net. Retrieved 2024-10-15.
  11. "Salt Lake Tribune Top Workplaces 2018". topworkplaces.sltrib.com. Retrieved 2019-04-25.
  12. Healthcare, C. H. G. "CHG Healthcare Honored for Tenth Straight Year as a Best Company to Work For by Fortune Magazine". www.prnewswire.com. Retrieved 2019-12-13.