What You Should Know:
Nordic Consulting expands its Cerner footprint with the acquisition of health IT consulting firm, S&P Consultants.
Nordic Consulting, a global health and technology consulting company has acquired S&P Consultants, a healthcare IT consulting firm with a strong focus on Cerner services. As part of the acquisition, S&P will become a Nordic global company – alongside Bails, Healthtech, and Tasman – collectively helping healthcare leaders navigate complexity and harness technology to bring healthcare forward.
Acquisition Expands Nordic’s Cerner Footprint & Capabilities
The global EHR consulting market is expected to grow by a compounded annual growth rate (CAGR) of 15% over the next five years as healthcare providers increasingly look to centralize operations to decrease costs and improve quality, and as remote care and telehealth continue to gain ground.
Nordic entered the Cerner market in July 2019, and the addition of S&P will enable Nordic to expand its footprint in the market and grow this base more rapidly Nordic’s global footprint and deep experience in Epic and MEDITECH, coupled with S&P’s Cerner expertise, presents a significant opportunity for both companies to provide clients with a wide range of advisory and technology services across the largest EHR platforms. Combined, Nordic will service nearly 600 healthcare provider customers globally.
S&P Consultants Background
Founded in 1996 by Andrew Splitz and the late Steve Pratt, S&P Consultants started as a lab company servicing Cerner users, the organization evolved into an award-winning healthcare IT consultancy working with hospitals, labs, and physician networks. S&P’s team of over 90 IT veterans, clinicians, and revenue cycle specialists will join with Nordic’s more than 1,600 professionals who combine deep clinical experience, extensive technical knowledge, strategic vision, and proven operational capability to deliver transformational outcomes for providers and the people in their care.
Post-Acquisition Plans
S&P will continue to operate out of its headquarters in Braintree, MA, serving its customers under the S&P brand with the same approach, consulting delivery model, and culture to which they are accustomed.