Chi Solutions Management Completes Acquisition from Carilion Clinic

April 2010

Ann Arbor, MI (April 1, 2010) – 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 completed the acquisition of the company from Carilion Clinic on April 1, 2010.

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.”

To view a PDF of the complete press release, click here