Aug 29 2009
New Century Infusion Solutions (NCIS), the first Integrated Single Specialty Provider (ISSP) focused on providing comprehensive management solutions to the oncology market, announced that it has retained Provident Healthcare Partners, a middle-market investment banking and advisory firm, to provide strategic advisory services in support of NCIS’s growth in the rapidly growing field of oncology management.
Founded in 2007, NCIS has achieved significant growth since inception. “Teaming up with Provident Healthcare Partners allows us to focus on market expansion and evaluate key business development opportunities throughout the U.S.,” says New Century Co-Founder Joseph Perez. “The firm’s staff of seasoned professionals has extensive experience in delivering tremendous value through years of healthcare investment banking services. Leveraging Provident’s various resources will help us develop and successfully implement strategic initiatives that will continue to expedite our growth.”
“It’s very exciting to be working with an industry leader such as New Century Infusion Solutions. Their best-in-class technology provides them with the versatility and expertise to serve the new and evolving needs of healthcare payors, providers and patients within oncology,” says Bob Ciardi, Managing Partner of Provident.
As the industry’s first Integrated Single Specialty Provider (ISSP), NCIS manages all three complicated yet integral pieces for the health plan and individual oncologist—the medical, radiation/technical and drug components of cancer care.
NCIS bridges the gap between the disparate segments of oncology—the health plan, oncologists, and patients—to coordinate care, automate processes, optimize risk and reduce administrative burdens. By integrating and streamlining the management of oncology services, NCIS provides significant, often immediate, cost savings for the payer and provider, and optimal quality of care for the patient.
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