Company type | Public |
---|---|
NYSE: MDF | |
Industry | Healthcare |
Founded | 1996 |
Defunct | 2012 |
Fate | Acquired |
Successor | Humana |
Headquarters | United States |
Website | www |
Metropolitan Health Networks, Inc. (MetCare) is an American health care service company providing services network (PSN) operation. The company was founded in 1996 and is based in Boca Raton, Florida. As of December 21, 2011 the company has delivered services through 33 wholly owned care practices, an ontology practice and 450 independent primary practices. Its service practices cover over 20 counties in the state of Florida. [1] [2] The company provides medical care to about 87,500 people. [3] In 2012, the company was awarded as one of America’s Best Small Companies by Forbes . [2]
MetCare was founded in 1996 and began operations as a physician practice in Florida. The first business partner of the company was Humana. Thanks to the policy of Medicare Advantage membership, the company developed rapidly in 2003, delivering more services to more counties. [4] The company acquired 35 primary care centers in Florida from MetCare of Florida and Continucare Corporation. [5] From then on, it operated the business through its two subsidiaries, MetCare of Florida and Continucare Corporation. [1] In 2012, the company was acquired by Humana, for over $850 million. [3]
The Cigna Group is a for-profit American multinational managed healthcare and insurance company based in Bloomfield, Connecticut. Its insurance subsidiaries are major providers of medical, dental, disability, life and accident insurance and related products and services, the majority of which are offered through employers and other groups. Cigna is incorporated in Delaware.
Humana Inc. is a for-profit American health insurance company based in Louisville, Kentucky. In 2023, the company ranked 42 on the Fortune 500 list, which made it the highest ranked company based in Kentucky. It is the fourth largest health insurance provider in the U.S.
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 2,000 sites of care, including surgery centers, freestanding emergency rooms, urgent care centers and physician clinics in 21 states and the United Kingdom. As of 2023, HCA Healthcare is ranked #66 on the Fortune 500 rankings of the largest United States corporations by total revenue.
McKesson Corporation is an American company distributing pharmaceuticals and providing health information technology, medical supplies, and care management tools. The company delivers a third of all pharmaceuticals used in North America and employs over 78,000 employees. McKesson had revenues of $238.2 billion in its fiscal year ending March 31, 2021.
UnitedHealth Group Incorporated is an American multinational health insurance and services company based in Minnetonka, Minnesota. Offering insurance products under UnitedHealthcare, and health care services and care delivery aided by technology and data under Optum, it is the world's eleventh-largest company by revenue and the largest health care company by revenue.
Tenet Healthcare Corporation is a for-profit multinational healthcare services company based in Dallas, Texas, United States. Through its brands, subsidiaries, joint ventures, and partnerships, including United Surgical Partners International (USPI), the company operates 65 hospitals and over 450 healthcare facilities. Tenet also operates Conifer Health Solutions, which provides healthcare support services to health systems and other clients.
Community Health Systems (CHS) is a Fortune 500 company based in Franklin, Tennessee. It was the largest provider of general hospital healthcare services in the United States in terms of number of acute care facilities. In 2014, CHS had around 200 hospitals, but the number had declined to around 85 in 2021.
CVS Health Corporation is an American healthcare company that owns CVS Pharmacy, a retail pharmacy chain; CVS Caremark, a pharmacy benefits manager; and Aetna, a health insurance provider, among many other brands. The company is the world's largest healthcare company, and its headquarters are in Woonsocket, Rhode Island. In 2023, the company was ranked 65th in the Forbes Global 2000.
Welsh, Carson, Anderson & Stowe (WCAS), also referred to as Welsh Carson, is a private equity firm. WCAS was formed in 1979 and focuses on investing in two growth industries, technology and healthcare, primarily in the United States. WCAS has a current portfolio of approximately 30 companies and has organized 17 limited partnerships with total capital of over $27 billion, consisting of 13 equity partnerships and four subordinated debt partnerships. WCAS is currently investing equity funds, including WCAS XII, L.P. and WCAS XIII, L.P.
Laboratory Corporation of America Holdings, more commonly known as Labcorp, is an American healthcare company headquartered in Burlington, North Carolina. It operates one of the largest clinical laboratory networks in the world, with a United States network of 36 primary laboratories. Before a merger with National Health Laboratory in 1995, the company operated under the name Roche BioMedical. Labcorp performs its largest volume of specialty testing at its Center for Esoteric Testing in Burlington, North Carolina, where the company is headquartered. As of 2018, Labcorp processes 2.5 million lab tests weekly.
The British United Provident Association Limited, trading as Bupa, is a British multinational health insurance and healthcare company with over 43 million customers worldwide.
Athenahealth is a private American company that provides network-enabled services for healthcare and point-of-care mobile apps in the United States.
PSS World Medical, Inc. was an American distributor of medical products, equipment, billing services and pharmaceutical related products to non-hospital healthcare providers. In 2008, the company celebrated its 25th year in business and was named to Forbes 400 Best Big Companies list for the second time. In 2013, the company was purchased by the McKesson Corporation and dissolved. The organization also ranked number 965 on the 2008 Fortune 1000 list of largest businesses, up from 980 the prior year.
Sonic Healthcare Limited is a Sydney-based, Australian company that provides laboratory services, pathology, and radiology services.
Molina Healthcare, Inc. is a managed care company headquartered in Long Beach, California, United States. The company provides health insurance to individuals through government programs such as Medicaid and Medicare.
CareCloud, Inc. is a publicly traded American healthcare information technology company that provides services, to healthcare providers and hospitals. The Company maintains its headquarters in Somerset, New Jersey, and employs approximately 4,000 workers worldwide.
Elevance Health, Inc. is an American health insurance provider. Prior to June 2022, Elevance Health was named Anthem, Inc. The company's services include medical, pharmaceutical, dental, behavioral health, long-term care, and disability plans through affiliated companies such as Anthem Blue Cross and Blue Shield, Anthem Blue Cross in California, Wellpoint, and Carelon. It is the largest for-profit managed health care company in the Blue Cross Blue Shield Association. As of 2022, the company had 46.8 million members within its affiliated companies' health plans.
Continucare Corporation is a publicly traded medical care service company with 18 medical centers located in Florida, United States. Founded in 1996 in Miami, Florida, the company provides its service on an outpatient basis and offers medical management services for independent medical facilities as well as independent physician affiliates a group of physicians and healthcare professionals . As of December 2006, the company has served about 40,000 patients. In 2011, the company was acquired Metropolitan Health Networks, Inc. at a cost of about $416 million.
Benjamin Breier was chief executive office and a member of the board of directors of Kindred Healthcare from March 2015 through December 2021. He serves on the board for the Federation of American Hospitals.