Navigant Acquires Paragon Health
CHICAGO, Oct 05, 2011 (BUSINESS WIRE) --
Navigant (NYSE: NCI) announced today that it has acquired Paragon Health, a leading national physician practice management and consulting firm specializing in Cardiovascular practices. Paragon's experienced professionals will bolster Navigant's National Healthcare practice management capabilities and further positions the practice as the leading healthcare consulting firm for designing, developing and implementing solutions that create high-performing healthcare organizations. Paragon's Founder and President, Jim Palazzo, will assume a leadership role within Navigant Healthcare, directing the Practice Management team.
"As a result of the increasingly complex nature of managing physician enterprises, more and more of our health system clients are seeking assistance as they integrate with or acquire cardiology practices," said David Zito, Managing Director of Navigant Healthcare. "Paragon's expertise and reputation in this area will be a timely addition to our existing cardiovascular and orthopedic practice management solutions."
Paragon Health (www.paragonhlth.com) provides a comprehensive range of cardiovascular management and consulting services, and is a national leader in cardiovascular program strategy, assessment and development. Paragon's twelve consulting professionals have an average of more than 20 years of direct management and executive experience assisting physicians and hospitals nationwide.
"Joining Navigant's nationally recognized Healthcare practice will expand and strengthen service offerings to our provider clients," commented Jim Palazzo, Founder and President of Paragon Health. "We are excited about the potential opportunities as we grow and develop our combined practice management services."
Navigant Healthcare (www.navigant.com/healthcare) assists health systems, physician practice groups and payers in designing, developing and implementing solutions that create high-performing healthcare organizations. Navigant's experienced healthcare team of more than 500 healthcare consultants helps organizations with strategic advisory, operational improvement, and outsourcing and technology solutions. Specific services include revenue cycle management, supply chain improvement, facilities planning, physician-hospital alignment, care innovation and clinical documentation improvement.
No additional transaction details were released.
Navigant (NYSE: NCI) is a specialized, global expert services firm dedicated to assisting clients in creating and protecting value in the face of critical business risks and opportunities. Through senior level engagement with clients, Navigant professionals combine technical expertise in Disputes and Investigations, Economics, Financial Advisory and Management Consulting, with business pragmatism in the highly regulated Construction, Energy, Financial Services and Healthcare industries to support clients in addressing their most critical business needs. More information about Navigant can be found at www.navigant.com.
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