PMB and its predecessor company began in 1971 and has been in continuous operation since. We’re starting our 104th healthcare project next month. Through this experience and commitment to improvement, we’ve seen a lot and learned even more.
We have successfully navigated through multiple economic events and multiple iterations of healthcare delivery. When we started, national health expenditures were 6.9% of GDP and Senator Ted Kennedy proposed a single-payer plan that would be funded through taxes. The 80’s provided us with HMO’s, 20% interest rates, DRG’s, COBRA, Stark Law, HIPPAA and CHIP. Working through the 90’s and early 2000’s we experienced the dot-com crash, HSA‘s, Medicare Part D and the first FDA approved genetically targeted cancer therapies.