Mergers & Acquisitions

Mergers & Acquisitions

August 08, 2011

Symphony Corporation Completes Acquisition of JGI

Symphony Corporation, a global healthcare technology solutions provider, has successfully acquired JGI, a New Jersey-based Human Capital Management consulting and technology firm with a significant presence in the healthcare industry nationally. 

For more than 30 years, JGI has built value for its clients by developing Human Capital Management strategies, designing effective people resource processes and implementing cutting-edge technologies.

The acquisition will help Symphony to provide the highest level of benefits to its clients in healthcare, medical devices, academic institutes, insurance, life sciences, finance, and government agencies.

"By combining Symphony's strength in clinical healthcare IT with JGI's depth in Human Capital Management technology, Symphony becomes one of the few healthcare IT service companies that can provide end-to-end services for clients trying to address the requirements of healthcare reform," said Ravi K. Kalla, chief executive officer of Symphony Corporation, in a press release.

Symphony’s acquisition of JGI will help it expand its capability to assist healthcare clients with services ranging from the implementation and integration of point-of-care clinical management systems to business management technology. JGI will also allow Symphony to strengthen its East Coast presence.

By combining superior technical skills with system specific expertise, JGI will be able to support premier leading partner applications from Oracle (News - Alert), PeopleSoft, ADP and Lawson.

"Together as one company, Symphony and JGI now offers a new 'business intelligence' approach for the healthcare marketplace, enabling decision-makers to see data that helps them refine operations and provides insight needed to increase the bottom line," said George DiGrandi, former JGI chief executive officer who takes on the new role of senior vice president of sales and business development for Symphony.

In other healthcare related news, Covenant HealthCare will use Merge Healthcare’s (News - Alert) iConnect software at its 600-bed facility to allow radiologists and other clinicians to get access to images anywhere, anytime.

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Deepika Mala is a contributing editor for TMCnet. To read more of her articles, please visit her columnist page.

Edited by Carrie Schmelkin

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