Navigant and Piedmont Healthcare Partner to Achieve Optimal
Healthcare Delivery Solutions
Healthcare Delivery Solutions
CHICAGO & ATLANTA, Oct 13, 2011 (BUSINESS WIRE) --
Navigant (NYSE: NCI) and Piedmont Healthcare (Atlanta, GA) today announced a strategic relationship that will leverage their combined resources and professional expertise to develop a model for becoming a high-performing healthcare organization in a post-reform world.
Navigant and Piedmont will combine resources to take a leadership role in the design, development, and implementation of solutions that create high-performing healthcare organizations under market competition and regulatory reform.
"While it's energizing at some level to speak of 'sweeping, large scale revolution' in healthcare - our experience indicates that successful transformation in healthcare will occur one organization at a time," said Alex Hunter, Managing Director for Navigant's Healthcare practice. "Today, a rewarding transformation occurs when health systems and their physician partners are able to capitalize on the current fee-for-service, volume-driven model while at the same time developing a new patient focused, quality driven platform that will serve as the foundation of the next generation of regulatory and market based reforms underway. This new relationship between Navigant and Piedmont will help mobilize the transition and create a path for success."
Working collaboratively, Navigant and Piedmont will jointly develop innovative methodologies, tools and approaches that can be applied to physician/hospital alignment, clinical integration and redesign, physician billing and collections, revenue cycle solutions, managed care, and ambulatory Electronic Medical Record (EMR) implementation, among others. In addition, they will create examples of best practices for the healthcare industry on how to align the economic, clinical and cultural interests of hospital systems and physician practices.
R. Timothy Stack, President and CEO of Piedmont Healthcare, said, "This new affiliation fundamentally changes the relationship between Piedmont and Navigant -- we're moving from a transactional relationship to a strategic partnership. Together we will be able to create faster, better healthcare solutions on a consistent basis.
"Through our strategic partnership, we are bringing together leading national expertise in care delivery and hospital and physician network management that will support Piedmont's delivery of the highest standards of care balanced with compassion," said Stack.
About Piedmont Healthcare
Piedmont Healthcare (PHC), a not-for-profit organization, is the parent company of Piedmont Hospital, a 481-bed acute tertiary care facility in the north Atlanta community of Buckhead and the top acute-care community hospital in metro Atlanta in the 2011-12 U.S. News and World Report Best Hospitals list; Piedmont Fayette Hospital, a 157-bed, acute-care community hospital in Fayetteville; Piedmont Mountainside Hospital, a 42-bed community hospital in Jasper; and Piedmont Newnan Hospital, a 143-bed, acute-care community hospital in Newnan. PHC also is the parent company of Piedmont Heart Institute (PHI), comprised of more than 100 affiliated cardiovascular specialists in Piedmont Heart Institute Physicians with over 30 locations across north Georgia; the Piedmont Physicians Group, a multi-specialty group with more than 100 primary care physicians in over 35 offices, in addition to more than 20 specialists in over 15 locations across greater Atlanta; Piedmont Clinic, a 700-member physician network; and Piedmont Healthcare Foundation, the philanthropic entity for private fundraising initiatives. Three Piedmont Healthcare hospitals--Piedmont Hospital, Piedmont Fayette Hospital and Piedmont Mountainside Hospital--have received top ratings from patients among metro Atlanta hospitals according to the HCAHPS (Hospital Consumer Assessment of Healthcare Providers and Systems) survey results for the past three years. For more information about Piedmont Healthcare, visit piedmont.org.
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.