COMPANYHISTORIES
NAIC 622110

General Surgical and Medical Hospitals

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

14companies1911–1999founding years14still active0no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironmentHistory
FoundedSwedishAmerican Health System
1911
1914
EconomyWorld War I begins; global trade reorders.
FoundedMayo Foundation
1919
FoundedChildren's Hospitals and Clinics, Inc.
1923
1939
EconomyWorld War II begins; wartime production surges.
1945
EconomyThe war ends; a long global expansion begins.
1947
TechnologyThe transistor is invented.
FoundedSime Darby Berhad
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
FoundedTenet Healthcare Corporation
1968
FoundedDallah Albaraka GroupFoundedNew York City Health and Hospitals Corporation
1969
1975
TechnologyThe personal-computer era begins.
FoundedHealth Management Associates, Inc.
1977
1981
TechnologyThe IBM PC launches and sets a standard.
TechnologyThe first US in-vitro fertilization baby is born.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
FoundedCommunity Health Systems, Inc.
1985
1989
HistoryThe Berlin Wall falls; global markets open up.
FoundedBerjaya Group Bhd.
1990
1991
TechnologyThe World Wide Web is released to the public.
1993
TechnologyThe Mosaic browser brings the web to everyone.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
FoundedNewYork-Presbyterian Hospital
1996
FoundedContinuum Health Partners, Inc.FoundedVanguard Health Systems Inc.
1997
EnvironmentThe Kyoto Protocol sets the first climate targets.
FoundedLifePoint Hospitals, Inc.
1999
2004
TechnologySocial media and Web 2.0 take hold.
2007
TechnologyThe iPhone launches the smartphone era.
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

SwedishAmerican Health System →
Active · founded 1911
Located in Rockford, Illinois, SwedishAmerican Health System is a non-profit, locally governed organization serving 12…
Mayo Foundation →
Active · founded 1919
The nonprofit Mayo Foundation oversees the largest and most renowned private medical center in the world, the Mayo…
Children's Hospitals and Clinics, Inc. →
Active · founded 1923
Children's Hospitals and Clinics, Inc.
Sime Darby Berhad →
Active · founded 1958 · Malaysia
Sime Darby Berhad is the largest conglomerate in Malaysia and one of the largest in southeast Asia.
Tenet Healthcare Corporation →
Active · founded 1968
Tenet Healthcare Corporation, formerly National Medical Enterprises, ranks as the second largest hospital chain in the…
Dallah Albaraka Group →
Active · founded 1969 · Saudi Arabia
The Dallah Albaraka Group is one of the leading, privately held conglomerates in Saudi Arabia.
New York City Health and Hospitals Corporation →
Active · founded 1969
The New York City Health and Hospitals Corporation (HHC), a public-benefit corporation, is the largest urban healthcare…
Health Management Associates, Inc. →
Active · founded 1977
Health Management Associates, Inc.
Community Health Systems, Inc. →
Active · founded 1985
Community Health Systems, Inc.
Berjaya Group Bhd. →
Active · founded 1990 · Malaysia
Berjaya Group Bhd.
NewYork-Presbyterian Hospital →
Active · founded 1996
NewYork-Presbyterian Hospital is the biggest hospital in New York City.
Continuum Health Partners, Inc. →
Active · founded 1997
In spite of its money problems, Continuum established an institute for neurology and neurology, expanded efforts in…
Vanguard Health Systems Inc. →
Active · founded 1997
Vanguard Health Systems Inc.
LifePoint Hospitals, Inc. →
Active · founded 1999
LifePoint Hospitals, Inc.
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