|[December 05, 2012]
Parallon Business Solutions Acquires Martin, Fletcher
FRANKLIN, Tenn. --(Business Wire)--
Parallon Business Solutions, a leading provider of healthcare business
and operational services, today announced it has completed the
acquisition of Martin, Fletcher, one of the nation's premiere healthcare
staffing firms. The acquisition advances Parallon's growth strategy and
leadership in the healthcare industry.
The acquisition will expand Parallon's existing suite of workforce
management offerings, with the added capability of locum tenens clinical
staffing. In addition, Parallon will strengthen its direct hire
resources through Martin, Fletcher's high-level service.
"With the growing demand for locum tenens clinical staff, this
acquisition positions Parallon to provide enhanced staffing services
that can help hospitals, medical groups and accountable care
organizations thrive in today's dynamic healthcare environment," said
Michael O'Boyle, president and chief executive officer of Parallon.
"This acquisition brings a strategic fit that will accelerate our
growth, broaden our portfolio and advance the performance of our
"We are bringing together two exceptionally strong entities regarded for
our industry-leading resources and progressive solutions," added John
Buffa, chief executive officer of Marin, Fletcher. "We are proud to
join Parallon. Our collective strengths and shared commitment will
provide improvement opportunities for our clients today and tomorrow."
Based in Irving, Texas, Martin, Fletcher has provided services to more
than 2,000 hospitals and clinics nationwide since its founding in 1999.
Currently, the company serves more than 200 clients across all 50 states
through a network of more than 70 professionals. The company's
comprehensive search process has produced one of the highest recruitment
success rates in the U.S. for client needs ranging from emergency room
nurses to orthopedic surgeons.
"We believe the combination of our services with Parallon's solutions
and scale will create an even stronger company that will meet and exceed
the needs of more hospitals and healthcare systems across the country,"
said Russel Hicks, president of Martin, Fletcher. "This acquisition
exemplifies our dedication to improving the search and recruitment
process for healthcare organizations."
For more information about Parallon Business Solutions, visit www.parallon.net
or call 615-807-8000.
About Parallon Business Solutions
Parallon Business Solutions, LLC, headquartered in Franklin, Tenn., is
committed to transforming the business of healthcare. Over the last 12
years, Parallon's shared services solutions have been proven in 250
hospitals and 2,000 non-acute care providers across the country. Through
its five business units, Parallon provides revenue cycle and business
process expertise, workforce management solutions, supply chain
services, complete information technology services and purchasing
expertise of HealthTrust Purchasing Group, which serves approximately
1,400 hospitals and 11,000 non-acute care providers. Operating with a
"patients first" philosophy, Parallon has a team of over 22,000 people
dedicated to continuous process improvement through practical,
impact-oriented solutions. Learn more at www.parallon.net.
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