GE Healthcare has acquired healthcare & strategic advisory firm, The Camden Group that will act as the U.S. business unit of GE Healthcare’s global advisory firm, GE Healthcare Partners. The acquisition will enable the firm to deliver strategic and financial consulting to healthcare organizations, as well as advisory consulting on population health management, value-based care, clinical integration and care redesign across the continuum. Financial terms of the transaction were not disclosed.
GE Healthcare Camden Group Service Offerings
Today’s healthcare organizations need partners who can help design and activate solutions that deliver care effectively and efficiently amidst evolving value-based reimbursement structures. GE Healthcare Camden Group’s trusted advisors will be able to help clients transform operational productivity through unique, integrated solutions that combine expertise with complex modeling and financial analytics for powerful, outcomes-based results. The group has deep domain knowledge in hospital operations, physician practice transformation, transactions, performance improvement and change management.
The acquisition also builds on GE Healthcare’s broader mission to develop analytics-based solutions that deliver transformational, enterprise-wide outcomes for healthcare. Last year, GE Healthcare acquired Finnamore and Foresight Partnership to further expand its consultancy and solutions business globally.
Laura Jacobs, an Executive Vice President of the new GE Healthcare Camden Group said in an official statement, “This blending of capabilities, experience, and resources creates a unique offering for the healthcare industry. We are excited to join the GE Healthcare family and provide our clients access to the analytics, change management, and activation resources that will support the organizational and clinical changes required to be successful in healthcare now and into the future.”
Since its founding in 1970, The Camden Group has advised more than 2,000 health systems, medical groups, hospitals, outpatient facilities, post-acute providers, and other healthcare organizations nationwide. In January, the firm acquired national consulting firm, Health Directions, LLC.