Chi Solutions Management to Complete Acquisition from Carilion Clinic

Wednesday, March 31, 2010 General News J E 4

ANN ARBOR, Mich., March 31 /PRNewswire/ -- Chi Solutions, Inc. (Chi), a nationally recognized healthcare consultancy focused on diagnostic outreach program management, Lean Six Sigma, mergers and acquisitions, strategic planning, and operations improvement, announced today that its management team will complete the acquisition of the company from Carilion Clinic on April 1, 2010.

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Current Chi executives Kathy Murphy, PhD, and Earl Buck have purchased the company with the vision of returning Chi to its legacy as a private, independent consulting firm.  Under its new ownership, Chi will continue to establish long-term partnerships with clients by offering contracts and performance guarantees that fit clients' needs.

"The way we will achieve our goal of being the best diagnostics consulting company is to hire the most talented people in the industry," says Kathy Murphy.  "Last year, we brought Anne Daley on board to lead our Quality division, and Vicki Peterson has just joined Chi as Managing Consultant for our Outreach service line."  To further strengthen its team, Chi also plans to appoint a new chief financial officer within the next month.

As Earl Buck indicates, "The ability to move forward as an independent company will allow enhanced growth opportunities, particularly in our ability to establish, direct, and maintain profitable diagnostic outreach programs for hospitals and health care systems."

About Chi Solutions, Inc.

Founded in 1983, Chi Solutions, Inc., (Chi) is a nationally recognized healthcare consultancy that delivers cost savings and identifies opportunities for new revenue streams and optimized operations for hospitals, freestanding laboratories, imaging centers, and outpatient centers.  With a quest to consistently deliver proven outcomes, Chi collaboratively works with its clients to visualize, strategize, and achieve measurable objectives.  Chi's clients and industry partners benefit equally from the company's unparalleled market research capabilities and an extensive proprietary database that identifies and defines industry trends and consistently provides a level of service unmatched in the industry.  Chi's expertise includes strategic planning, outreach, operations improvement, compliance, benchmarking, Lean Six Sigma, outsourced sales and management services, and mergers and acquisitions.  Through the company's unwavering commitment to excellence through knowledge, Chi helps its clients achieve business objectives and identify ways to efficiently deliver the highest level of patient care.  For additional information about Chi Solutions, visit or call (800) 860-5454.

SOURCE Chi Solutions, Inc.



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