1983 |
Signs and opens the first RehabCare inpatient rehabilitation program in Portsmouth, Virginia.
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1991 |
Becomes a public company listed on the NASDAQ under the symbol RHBC (now listed on NYSE).
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1995 |
Forbes Magazine recognizes RehabCare as one of the “Top 200 Best Small Companies.”
In RehabCare's first effort to diversify, an outpatient company named Physical Therapy Resources is purchased. This acquisition adds about 17 outpatient programs to the company located in Florida and Texas.
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1996 |
Name is officially changed from RehabCare Corporation to RehabCare Group to signify the diversification of the company.
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1997 |
Team Rehab and Moore Rehab are purchased. These companies provide therapy services in community-based nursing homes. This move broadens RehabCare Group by delivering services to a large number of nursing home providers.
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1998 |
Changes from the NASDAQ to the NYSE (symbol: RHB).
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| 1999 |
Forbes Magazine lists RehabCare for a fifth time on the list of "The Best 200 Small Companies." The company is no longer eligible for this distinction after this year.
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2000 |
At the end of the year, RehabCare Group is listed as the best performing stock on the NYSE.
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2004 |
John H. Short, Ph.D., is elected President and Chief Executive Officer of the company and establishes a set of strategies to move the company towards its vision of delivering a clinically integrated continuum of care. Two of the strategies are to grow the company through acquisitions and seek out joint ownership agreements.
RehabCare purchases American VitalCare, Inc., a market-leading manager of hospital-based specialty care units in the State of California and its sister company, Managed Alternative Care, Inc. (collectively known as VitalCare).
RehabCare purchases Phase 2 Consulting, a healthcare management consulting firm based in Salt Lake City, Utah and Austin, Texas.
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2005 |
RehabCare purchases MeadowBrook Healthcare, operator of two acute rehabilitation hospitals and two LTACHs in Oklahoma, Florida, Louisiana and Texas. The acquisition gives the company a strong platform for its freestanding operation.
RehabCare announces its first independently owned and operated rehabilitation hospital. The 24-bed hospital is located in Arlington, Texas opened December, 2005.
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| 2006 |
RehabCare announces the acquisition of Symphony Health Services and its subsidiaries, RehabWorks, VTA Management Services and Polaris Group. This transaction is RehabCare’s largest acquisition to date, increasing its size and scope to nearly 15,000 employees and nearly 1,400 locations in 42 states, the District of Columbia and Puerto Rico.
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| 2007 |
RehabCare commemorates its 25th anniversary. |
| 2008 |
RehabCare opens its 11th freestanding hospital, St. Luke's Rehabilitation Hospital, in partnership with St. Luke's Hospital of St. Louis, Missouri.
RehabCare signs a comprehensive agreement with West Penn Allegheny Health System, under which it will provide management, marketing and patient care coordination for the multi-hospital system’s post-acute services. The agreement represents the company’s largest hospital system contract to date and a model of its vision of clinically integrated continuums of post-acute care.
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| 2009 |
RehabCare sells Phase 2 Consulting to Premier, Inc. RehabCare has been a contracted service supplier for Premier since 2007.
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