Joining forces with experienced clinicians from Novia Strategies, GE Healthcare recently acquired the 22-year-old California-founded consulting group to enhance its capability for driving optimal outcomes through organizational improvement.
Novia’s strengths include methodology and hands-on hospital operational expertise. The company will blend with GE Healthcare Camden Group based in El Segundo, California and known for care management transformation and performance improvement.
“[Novia Strategies’] 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,” GE Healthcare Camden Group President Laura Jacobs said.
Geoff Martin, who serves as GE Healthcare Camden Group chief operations officer, praised the two entities’ shared cultural alignment and enthusiasm for problem solving, noting that both companies work closely with clients to focus on measurable results.
“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,” Novia Strategies CEO Nancy Lakier said. “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.”
GE Healthcare Camden Group has served over 2,400 health care facilities and systems on care delivery, system operations, population health management and resource allocations.