AUSTIN, Texas--(BUSINESS WIRE)--HNI Healthcare (HNI), a nationally recognized hospital-based practice management company, announced today that it has acquired Hospital Resources Management LLC (HRM), based in Dallas, Texas.
Widely known and respected for their expertise in hospital-based physician practice management and consulting, HRM is dedicated to the assessment and improvement of practice groups’ performance in Anesthesia, Emergency Medicine, Hospitalist Medicine, Radiology and Critical Care. HRM consultants specialize in department/service line assessments, compensation benchmarking and transition management of physician practices.
With over 35 years of healthcare experience, HRM’s Founder and CEO Stephen Lorenz brings a wealth of knowledge to HNI in consulting and management of hospital-based physician practices. In 1987, Lorenz co-founded Sterling Healthcare Services, serving as Executive Vice President and COO. Sterling grew to become one of the most influential and respected physician practice groups in Emergency Medicine before its acquisition in 1997. Lorenz went on to co-found Medhost, a nationwide provider of market-leading enterprise, departmental and healthcare engagement solutions currently servicing approximately 1,000 healthcare facilities.
Commenting on the transaction, Lorenz said, “We see in HNI the synthesis of excellence in hospital medicine combined with state-of-the-art proprietary physician workflow tools. HNI delivers to their hospital clients a higher level of practice accountability which all hospitals are seeking in this new era of accountable care. Together with HRM’s experience in consulting and management services, we believe we can extend HNI’s hospital analytics across a broader service base in the creation of true, value-based, door-to-discharge services.”
Michael Gonzales, Founder and Chief Executive Officer of HNI Healthcare stated, “We are very pleased that HRM has chosen to join forces with HNI. Hospital-based physicians increasingly practice in an integrated multi-specialty environment, and HRM offers us a broad base of experience and expertise in this arena. The acquisition of HRM will enable us to provide our physician practice and workflow management solutions across a broader spectrum of hospital-based physician services.”
About HNI Healthcare (HNI)
HNI Healthcare is a technology-enabled physician practice management company focused on the delivery of full-service facility-based physician programs to improve the quality of patient care. The Company’s physicians, processes and technologies enable healthcare facilities to improve key quality and performance metrics through a more clinically integrated care model. HNI Healthcare is based in Austin, Texas. Visit our website at www.hnihealthcare.com.
