Accumen, Inc. Acquires Chi Solutions for Continued Growth

Accumen and Chi Solutions Offer Health Systems a Powerful Combination of “All Things Lab”

April 30, 2016

San Diego, CA (April 5, 2016) — Jeff Osborne, President and CEO of Accumen, a healthcare transformation company, has announced the acquisition of Ann Arbor-based Chi Solutions, Inc. (Chi), joining two best-in-class laboratory service companies to transform patient care for hospitals and health systems.

Combining the country’s best laboratory talent and creating the nation’s leading lab transformation, consulting and outreach performance company, the acquisition now makes Accumen one of the largest companies in the industry focused on improving the speed, accuracy and efficiency of laboratories across the US challenged by today’s healthcare climate.

Dr. Kathleen Murphy, CEO of Chi, which was founded in 1983, has held leadership roles in the company for more than 22 years. Under her leadership and with passion for the laboratory industry as a strategic and critical component of the patient care continuum, Dr. Murphy has helped health systems navigate decades of laboratory change and opportunity. Chi will continue to focus on the untapped value in hospital and health system laboratories, and now with Accumen, a greater ability to partner for end-to-end success.

“I am excited that together, Chi and Accumen bring a new level of capacity and capability to laboratories across the US that focuses and accelerates breakthrough performance. With healthcare payment and delivery reform continuing to drive value based healthcare, Accumen and Chi are well positioned to meet the needs and opportunities in the laboratory using proven results and successful partnership models” said Osborne.

“Accumen’s acquisition of Chi represents the classic story of ‘the whole is greater than the sum of its parts.’ Over my 22 years with Chi, the company has transformed through several iterations.  At no time in our history has a partnership been as complimentary, as transformative, or as powerful as the combination of Accumen and Chi. This power translates to more value for our clients, better opportunity for our employees and the creation of a more formidable competitor for our industry” says Murphy.

About Accumen Inc.
Accumen is a healthcare transformation company. Using a proven blueprint, innovative customized approach and proprietary technology, Accumen partners with health systems to set new standards of performance in the clinical lab – driving higher quality, better service and unprecedented value. Accumen delivers proven results in laboratory operations and patient blood management as well as customized services for smaller regional systems with solutions that are designed to help clients create healthier labs, healthier hospitals and, ultimately, healthier communities.

About Chi Solutions, Inc.
Chi Solutions, Inc. (Chi) is a nationally-recognized clinical laboratory consulting and management firm focused on delivering revenue growth, cost savings, and optimized operations for hospitals, health systems, and hospital-owned independent laboratories. Chi’s expertise and specialty is transforming laboratories into economic engines. Chi offers the broadest service offerings in the industry including strategic options; laboratory management; outreach growth and management; consolidation and integration; performance enhancement; advisory support in finance, operations, and outreach; benchmarking (Chi IQ®); and RVU tools.

Accumen® – Accelerating Breakthrough PerformanceTM
Find more information at accumen.com or chisolutionsinc.com.

Media Contacts

Cindy Judd
Chief Marketing and Communications Officer, Accumen
847.404.9962
cjudd@accumen.com

Julie Stein
Marketing Director, Chi Solutions, Inc., An Accumen Company
734.604.0349
jstein@chisolutionsinc.com