Nov 2
Cumberland Pharmaceuticals goes public.

With its IPO, Cumberland Pharmaceuticals becomes Nashville’s second publicly traded biotechnology company. (BioMimetic Therapeutics went public three years earlier.) Chairman and CEO A.J. Kazimi, who founded the company with $2 million ten years earlier, leads the IPO which generates $85 million. Christa Pittaluga

Nov 2
Emdeon goes public.

Emdeon, a provider of revenue and payment cycle solutions, earns $21.5 million on its first day as a public company. Emdeon offers payment and insurance claim services to hospitals, doctors and pharmacists. It offers the largest financial and administrative information exchange in the United States and is a former part of Internet giant WebMD Corp….

Nov 2
Symbion Healthcare Inc. goes public.

Symbion finally completes its IPO, two years after longtime CEO Dick Francis pulls the filing after market conditions begin to look less favorable. When it does go public in early 2004, Symbion owns and operates 26 surgery centers in 15 states, including one licensed surgical hospital. The company safely meets its $115-million goal with the…

Nov 2
HealthSpring goes public.

Six years after its founding, Nashville’s HealthSpring goes public, representing the area’s first IPO in almost two years. It raises $366 million, more than 16 percent higher than the asking price. The Nashville-based HealthSpring, which runs managed care plans operating under the federal Medicare Advantage program, sells to Cigna in 2011 for $3.8 billion. Christa…

Nov 2
BioMimetic Therapeutics Inc. completes IPO.

Sam Lynch’s BioMimetic Therapeutics becomes Nashville’s first publicly traded biotechnology company when it makes its entrance to the NASDAQ. The company, headquartered in Lynch’s innovative Cool Springs Life Science Center, specializes in the development and commercialization of products to promote the healing of musculoskeletal injuries and diseases. Christa Pittaluga

Nov 2
Community Health Systems, Inc. (CHS) files second IPO.

Wayne Smith successfully re-launches CHS as a public organization, answering investors’ questions about whether brick-and-mortar health care companies still have a place in the IPO market given the recent rise of dot-com companies. The move comes in Smith’s third year as CHS president and CEO, following a 23-year career with Louisville-based Humana. He will be…

Nov 2
LifePoint Hospitals issues initial public offering.

HCA spinoff LifePoint Hospitals goes public as a two-year-old company with 21 rural hospitals to its name. The move raises approximately $100 million in net proceeds. Three years later, LifePoint more than doubles in size when it acquires Nashville-based Province Healthcare Company, giving the organization 50 hospitals across 19 states. In 2006, Bill Carpenter will…

Nov 2
Province Healthcare goes public.

Province enters the public market and stays there for six years before selling to LifePoint Hospitals Inc. (now LifePoint Health) in 2004 for more than $1 billion. In that timeframe, founder Marty Rash, formerly of Community Health Systems, lures numerous high-profile local execs to join him at Province. After selling to HCA spinoff LifePoint, Rash…