Fusion Health has announced the launch of a new management consulting division: Fusion Strategy Partners. The company, founded in 2006 and based in Woodbridge, NJ, is a provider of electronic health records (EHR) and IT consulting services for the corrections healthcare industry.
Fusion Health helps agencies migrate healthcare records from paper to electronic environments, or from one electronic environment to another, with additional offerings focused on project management, planning, implementation, integration, data conversion, training, and support. The company is one of the largest EHR vendors for state/county adult and juvenile corrections facilities in the U.S., with four offices and over 100 correctional EHR specialists providing EHR management services for over 300,000 incarcerated people in over 250 correctional institutions across the country.
The new division will be based in Bridgewater, NJ and launch with a core team of seven consultants providing a variety of management consulting services focused on corrections healthcare, including business transformation and strategy, healthcare and life sciences implementation, project portfolio management, and assistance with mergers and acquisitions. Prasad Eswara, EVP at Fusion Health, will function as president of Fusion Strategy Partners.
“The new business unit exemplifies Fusion's commitment to supporting the increasing demands of our customer base with industry leading services,” said Bryan Jakovcic, CEO of Fusion Health. “Since Fusion Health is such a significant industry dominating player, we intimately understood gaps within the industry and see the need for comprehensive strategy, advisory, technology modernization, and change management standardization across the board.”
Both Fusion Health and Fusion Strategy Partners will be restructured as subsidiaries of a new parent company, Fusion Corporation. The business ranked #38 on Inc. Magazine’s list of the Fastest-Growing Private Companies in the New York City Metro Region, with listed companies having an average growth rate of more than 200%. Seeing as the estimated size of the correctional healthcare market sits at over $6 billion, the move is sure to help the company build upon its consistent growth.