Huntzinger Management Group Releases 2014 Performance Report
Company reports tremendous growth across management and staffing companies
PLAINS, Pa., April 9, 2015 /PRNewswire/ -- The Huntzinger Management Group, Inc. (HMG), a leader in healthcare advisory and managed services consulting and staffing solutions, recently announced a number of successes achieved in 2014, marked by strong, unprecedented growth in revenue and EBITDA, with quarter over quarter growth throughout the year.
Since inception, Huntzinger companies have delivered more than 565 engagements to 58 different healthcare-based organizations. HMG's advisory and managed services revenue grew more than 30% over 2013, which is a testament to the quality of service being delivered. Huntzinger Staffing Solutions, LLC (HSS), created as an adjunct to HMG in 2013, increased revenues by almost 225% in 2014, a remarkable achievement for a young, emergent entity. This represents an overall growth of 86% from 2013 for Huntzinger companies.
"We continue to benefit from our decision to start HSS to accelerate our growth. In 2015, we will further leverage our supplemental staffing services resourcing focused on system implementations and optimization. We expect to see demand for our advisory services and managed services as hospitals look to optimize their Information Technology investment," remarked Robert Kitts, HMG's Chief Executive Officer. "I am immensely proud of our growth and success over the past year, and we look to continue this positive direction into 2015 as we expand our service offerings."
"In 2014, HMG saw considerable progress which included the expansion of our team. In fact, this past year has proven to be one of our best. The addition of these experienced and talented employees has led to an increase in our workforce by 36%," said Tanya Freeman, President and Chief Operating Officer. "Such growth allows us to better serve our clients, and overall strengthen the services HMG provides, which allows us to continue to build momentum throughout the company."
The company announced a leadership transition in October in which George Huntzinger will continue to play an active role with the company as Chairman of the Board. Robert Kitts was named Chief Executive Officer, and Tanya Freeman was named President and Chief Operating Officer. At the end of the year, Nancy Ripari and William C. Reed, FCHIME, FHIMSS, were both named partners, while David DiChiara was promoted to Chief Financial Officer, positioning the company with a leadership team ready to take on additional growth in 2015. Huntzinger was also named the recipient of the "Best of Wilkes-Barre Award" in the Business Management Consultant category for their commitment to excellence.
About The Huntzinger Management Group, Inc.
HMG provides advisory and managed services consulting to the healthcare industry. We focus on clinical and operational business performance optimization by ensuring alignment between IT, clinical, and ambulatory areas to position our healthcare clients for the future. For more information, visit www.huntzingergroup.com.
About Huntzinger Staffing Solutions, LLC
HSS provides experienced IT resources to healthcare organizations across the country, allowing their clients to address both short-term and long-term IT implementation staffing needs. Working collaboratively with organizations, HSS identifies the required skill sets to meet business objectives. For more information, visit www.huntzingerstaffing.com.
SOURCE The Huntzinger Management Group, Inc.
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