What is a health corporation?
Health Care Company means any company or institution, or any division or subsidiary of any company or institution, that is principally engaged in the health care industry, which shall include providers of patient care (such as hospitals, outpatient facilities, home health agencies and relevant government agencies).
Is HCSC publicly traded?
HCSC is not a publicly traded company and does not have any investors. We are customer-owned. That means our “investors” are our policyholders.
Who is PBM for HCSC?
Prime Therapeutics, LLC
Prime Therapeutics, LLC, a partially-owned subsidiary, is a pharmacy benefit management company for HCSC and other third party companies.
What is the meaning of health care services?
Health services serve patients, families, communities, and populations. They cover emergency, preventative, rehabilitative, long-term, hospital, diagnostic, primary, palliative, and home care. These services are centered around making health care accessible, high quality, and patient-centered.
Does Cigna own a PBM?
Until 2019, the health insurer Cigna was OptumRx’s second-largest customer. However, Cigna transitioned all PBM functions—including pharmacy network management—to Express Scripts after its acquisition.
How many hospitals did HCA Healthcare have in 1981?
In the early 1980s, the focus shifted to consolidation with HCA Healthcare acquiring General Care Corporation, General Health Services, Hospital Affiliates International and Health Care Corporation. By the end of 1981, the company operated 349 hospitals with more than 49,000 beds. Operating revenues had grown to $2.4 billion.
Who is the largest customer owned health insurance company in America?
We are the largest customer-owned health insurance company in the United States. Health Care Service Corporation, a Mutual Legal Reserve Company (HCSC), offers a wide variety of health and life insurance products and related services, through its operating divisions and subsidiaries.
What is the history of HCA?
HCA was founded in 1968, in Nashville, Tennessee by Dr. Thomas F. Frist Sr., Dr. Thomas F. Frist Jr. and Jack C. Massey. The first hospital that HCA owned was Park View Hospital, near downtown Nashville. The small group of founders worked out of a small house not far from Park View for the first few years of operation.
How many hospitals does Columbia Hospital Corporation own?
By the end of 1989, Columbia Hospital Corporation owned four hospitals with a total of 833 beds. In 1992, Columbia made a stock purchase of Basic American Medical, which owned eight hospitals, primarily in southwestern Florida.