Envision Healthcare


Envision Healthcare is an American healthcare company and national hospital-based physician group.

History

In December 2016, Envison and AMSURG merged, and shortly thereafter the company's stock replaced Legg Mason in the S&P 500 index.
In 2017, the company's subsidiary EmCare, came under scrutiny due to healthcare consumers being shocked by high medical bills from Envision's out-of-network healthcare providers. In August 2017, Envision sold its ambulance unit, American Medical Response, for $2.4 billion to KKR, which combined it with a similar company it already owned. In 2017, the company reported a net loss of $232.5 million on revenue of $7.8 billion.
In June 2018, KKR announced that it was acquiring the rest of Envision for Envision for $9.9 billion, including the assumption or repayment of debt.
In February 2020, Envision Healthcare announced the appointment of James Rechtin as CEO. In April 2020, they were considering bankruptcy.