COMPANY·HISTORIES
NAIC 622110

General Surgical and Medical Hospitals

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

20companies1911–1999founding years20still active0no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironmentHistory
FoundedSwedishAmerican Health SystemFoundedSwedishAmerican Health System
1911
1914
EconomyWorld War I begins; global trade reorders.
FoundedMayo FoundationFoundedMayo Foundation
1919
1929
EconomyThe stock market crashes; the Great Depression spreads worldwide.
1939
EconomyWorld War II begins; wartime production surges.
1945
EconomyThe war ends; a long global expansion begins.
1947
TechnologyThe transistor is invented.
FoundedSime Darby BerhadFoundedSime Darby Berhad
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
FoundedTenet Healthcare CorporationFoundedTenet Healthcare Corporation
1968
FoundedDallah Albaraka Group
1969
1971
EconomyThe dollar leaves the gold standard; currencies float.
1973
EconomyThe OPEC oil embargo triggers a global shock.
1975
TechnologyThe personal-computer era begins.
FoundedHealth Management Associates, Inc.FoundedHealth Management Associates, Inc.
1977
1979
EconomyA second oil crisis drives inflation higher worldwide.
1981
TechnologyThe IBM PC launches and sets a standard.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
FoundedCommunity Health Systems, Inc.FoundedCommunity Health Systems, Inc.
1985
1987
EconomyBlack Monday: markets fall sharply around the world.
1989
HistoryThe Berlin Wall falls; global markets open up.
FoundedBerjaya Group Bhd.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.
FoundedVanguard Health Systems Inc.FoundedVanguard Health Systems Inc.
1997
EconomyThe Asian financial crisis rattles global markets.
EnvironmentThe Kyoto Protocol sets the first climate targets.
FoundedLifePoint Hospitals, Inc.
1999
2000
EconomyThe dot-com bubble bursts.
2004
TechnologySocial media and Web 2.0 take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2008
EconomyThe global financial crisis freezes credit worldwide.
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…
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…
Mayo Foundation →
Active · founded 1919
The nonprofit Mayo Foundation oversees the largest and most renowned private medical center in the world, the Mayo…
Sime Darby Berhad →
Active · founded 1958 · Malaysia
Sime Darby Berhad is the largest conglomerate in Malaysia and one of the largest in southeast Asia.
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…
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.
Dallah Albaraka Group →
Active · founded 1969 · Saudi Arabia
The Dallah Albaraka Group is one of the leading, privately held conglomerates in Saudi Arabia.
Health Management Associates, Inc. →
Active · founded 1977
Health Management Associates, Inc.
Health Management Associates, Inc. →
Active · founded 1977
Health Management Associates, Inc.
Community Health Systems, Inc. →
Active · founded 1985
Community Health Systems, Inc.
Community Health Systems, Inc. →
Active · founded 1985
Community Health Systems, Inc.
Berjaya Group Bhd. →
Active · founded 1990 · Malaysia
Berjaya Group Bhd.
Berjaya Group Bhd. →
Active · founded 1990 · Malaysia
Berjaya Group Bhd.
Vanguard Health Systems Inc. →
Active · founded 1997
Vanguard Health Systems Inc.
Vanguard Health Systems Inc. →
Active · founded 1997
Vanguard Health Systems Inc.
LifePoint Hospitals, Inc. →
Active · founded 1999
LifePoint Hospitals, Inc.
LifePoint Hospitals, Inc. →
Active · founded 1999
LifePoint Hospitals, Inc.
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