Nov 2
HealthStream goes public.

Robert Frist Jr. and Jeffrey McLaren, classmates from Montgomery Bell Academy and college, take their brainchild public. What started as a multimedia consulting firm is a provider of Internet-based educational resources to health care companies across the country valued at nearly $42 million. HealthStream is one of first successful large-scale HIT companies born out of…

Nov 2
AmSurg goes public.

Five years after spinning off from American Healthways, AmSurg becomes a public company on December 3, 1997. AmSurg will eventually become the nation’s largest outpatient surgery center company. In 2014, as the largest ASC in the country, AmSurg completes the $2.35 billion acquisition of Florida-based anesthesia provider Sheridan Healthcare. Christa Pittaluga

Nov 2
American Healthcorp, Inc. goes public.

Thomas Cigarran’s American Healthcorp goes public to raise $12 million. Within six months, the stock will double in price. With time, AHC will become American Healthways, then just Healthways, one of the oldest and largest disease-management companies in the country. Later, it spins off AmSurg, one of the nation’s largest outpatient surgery center companies. Christa…

Nov 2
HCA goes public for the second time.

HCA goes back on the market. With market conditions too favorable to ignore, and previous backers wanting to liquidate their investments, Dr. Tommy Frist makes the lucrative decision to re-emerge publicly. After less than three years in the private sector, the company hands backers a gain that is more than eightfold. When the company completes…

Nov 2
General Care Corp. goes public.

Although General Care grows slower than HAI and HCA — CEO Joel Gordon later admits it was a mistake to only build new hospitals instead of acquiring others — it is the first to go public. The company launches a celebrated IPO and remains profitable. After a successful decade on the market, Gordon and team…

Nov 2
HCA is listed on the New York Stock Exchange.

With 11 hospitals to its name, HCA offers 500,000 initial shares on the NYSE. This decision lends the company immediate credibility and solidifies it as something the nation has never seen before. In the process, cofounder Jack Massey becomes the first entrepreneur to take three companies public on the NYSE: HCA, Kentucky Fried Chicken and…