History and Financial Troubles:
- December 2016: Envision and AMSURG merged, and the company's stock replaced Legg Mason in the S&P 500 index.
- August 2017: Envision sold its ambulance unit, American Medical Response, for $2.4 billion to KKR and merged it with another company it owned.
- 2017: Envision's subsidiary EmCare came under scrutiny for high medical bills from out-of-network healthcare providers.
- 2017: The company reported a net loss of $232.5 million on revenue of $7.8 billion.
- June 2018: KKR announced the acquisition of the rest of Envision for $9.9 billion, including debt assumption.
- April 2020: Envision considered bankruptcy filing.
- September 2022: Moodys warned that Envision Healthcare could be at risk of bankruptcy.
- May 15, 2023: Envision Healthcare filed for Chapter 11 bankruptcy.
Subsidiaries and Divestitures:
- Envision's subsidiary EmCare faced scrutiny for high medical bills from out-of-network providers.
- Envision sold its ambulance unit, American Medical Response, for $2.4 billion to KKR.
- Envision merged American Medical Response with another company it already owned.
Leadership Changes:
- In February 2020, James Rechtin was appointed as CEO of Envision Healthcare.
Partnerships and Agreements:
- In October 2020, Cigna and Envision renewed their agreement to include Envision's clinicians as in-network providers to Cigna's members.
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Envision Healthcare is a United States healthcare company and national hospital-based physician group.
 | |
| Formerly | Emergency Medical Services Corporation |
|---|---|
| Type | Subsidiary |
| NYSE: EVHC | |
| Industry | Healthcare |
| Headquarters | Nashville, Tennessee |
Key people | Jay F. Grinney (chairman) |
| Revenue |  $14.7 billion (2017) |
Number of employees | 57,750 (2017) |
| Parent | Kohlberg Kravis Roberts |
| Website | evhc |
