October 31, 2014
We are pleased to announce that our client Joan Wellman & Associates (“JWA Consulting”), an organization focused on the use of Advanced Lean in hospitals and health systems has been acquired by Truven Health Analytics, a leading provider of healthcare analytics and data solutions and services. Cascadia Capital served as the exclusive financial advisor to JWA Consulting.
JWA Consulting is a pioneer in adaptation of Toyota Production System principles for healthcare and has built an exceptionally strong foundation in pediatric and academic healthcare, helping clients achieve dramatic improvements in operations and clinical quality, cost reduction, healthcare access and employee and patient safety.
The strategic acquisition combines Truven’s market-leading cost and quality analytics and consulting expertise with JWA’s pioneering healthcare process improvement capabilities to help healthcare stakeholders improve quality and safety while reducing costs and improving access to care.
“Cascadia helped develop the confidence of myself and my management team regarding a potential transaction. They walked us through the process step-by-step and supported our work at every point along the way,” said Joan Wellman, founder of JWA Consulting. “I’m confident that we were able to close a deal with far better terms than we would have without them.”
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