GE Healthcare Acquires Novia Strategies to expand Clinical Consulting Capabilities and Help More Healthcare Organizations...
July 10 2017 - 4:30PM
Business Wire
- Novia Strategies is
a leading U.S. healthcare consulting firm
- Novia Strategies’ consultants bring
proven methodologies and first-hand clinical experience in
hospital operations
GE Healthcare (NYSE:GE) announced today it is expanding its U.S.
healthcare consulting business with the acquisition of Novia
Strategies, a 22-year-old healthcare consulting firm founded and
led by clinicians with deep experience helping organizations
transform while delivering critical outcomes. The acquisition helps
GE Healthcare deliver on its commitment to be the leading provider
of outcomes-based solutions and to help healthcare organizations
meet the demand for increased access, enhanced quality and more
affordable healthcare for their patients.
Novia Strategies will become part of GE Healthcare Camden Group,
which has advised more than 2,400 hospitals and health systems on
such critical issues as redesigning care delivery, accelerating
health system integration, succeeding with population health
management, and maximizing the use of resources. Terms of the
transaction are not being disclosed.
Novia Strategies’ skills and experience are a strategic
complement to GE Healthcare Camden Group in several key areas: care
management transformation, workforce management, non-labor cost
reduction, and sustaining operating performance improvement. “Over
the past two decades, we’ve saved hospitals hundreds of millions of
dollars, improved patient outcomes and redesigned delivery so they
can care for patients for generations to come,” said Nancy
Lakier, CEO of Novia Strategies. “We share GE’s vision to
deliver impactful solutions, and look forward to leveraging the
broader portfolio and deep analytical and activation capabilities
unique to GE to enable breakthrough, sustainable outcomes for more
healthcare organizations.”
Novia Strategies’ consultants bring proven methodologies and
first-hand experience in hospital operations. “Their hands-on
clinical and operational expertise in areas like care management,
productivity management, compensation and benefits, pharmacy, and
non-labor cost reduction will broaden our ability to help clients
tackle their most complex challenges,” said Laura Jacobs, President
of GE Healthcare Camden Group.
The acquisition furthers GE Healthcare Camden Group’s vision to
be a strategic transformation partner to leaders in healthcare and
enable organizations to become best-in-class, high performing
health systems. “Our two organizations are culturally aligned and
share a passion for solving client challenges,” said Geoff Martin,
COO of GE Healthcare Camden Group. “We both begin with the
challenge, work side-by-side with clients to identify, shape, and
activate solutions, and focus on measurable outcomes and return on
investment.”
In particular, Novia Strategies’ capabilities will help
accelerate the activation of large-scale health system
transformations including implementing Command Centers and
redesigning care across the continuum.
Novia Solutions was not included as a part of this
transaction
Ends
About GE Healthcare
GE Healthcare provides transformational medical technologies and
services to meet the demand for increased access, enhanced quality
and more affordable healthcare around the world. GE Healthcare
(NYSE:GE) works on things that matter - great people and
technologies taking on tough challenges. From medical imaging,
software & IT, patient monitoring and diagnostics to drug
discovery, biopharmaceutical manufacturing technologies and
performance improvement solutions GE Healthcare helps medical
professionals deliver great healthcare to their
patients. http://www.gehealthcare.com
About GE Healthcare Camden Group
GE Healthcare Camden Group is one of the nation’s leading
healthcare business advisory and activation firms and part of GE
Healthcare Partners, the management consulting arm of GE
Healthcare. The firm partners with clients to achieve sustainable,
breakthrough outcomes that enable them to transform into
best-in-class, high performing health systems, through an
unparalleled combination of strategy, deep analytics, and
activation expertise. It provides a broad array of healthcare
consulting and activation services such as population health
management; strategic and business planning; care design and
delivery; financial operations and transactions; digital health and
advanced analytics, and physician group advisory services. The firm
has advised more than 2,400 hospitals, medical groups, outpatient
facilities, and other healthcare organizations nationwide.
www.gehealthcarecamdengroup.com
About Novia Strategies
Originally founded under the name of InnoVia Health by Nancy
Lakier in 1995, Novia Strategies has grown from the vision of one
person to become a dynamic, thriving consultancy with clinical,
financial and operational professionals working with leading
hospitals, healthcare systems and IDNs across the country. The
goal: To help hospitals and health systems improve their
operations, quality and financial strength so they could continue
to care for their patients for generations to come. Over the
following two decades, Novia Strategies built on this strong
foundation to become one of the nation’s longest-established
clinician-owned, full-service healthcare consultancies in the
country. For more information, visit
http://noviastrategies.com/
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GE HealthcareLynn Eversgerd, +1
262-506-8029lynn.eversgerd@ge.com
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