About Novia CareClinics
Novia CareClinics operates center locations, servicing more than 90 different employers located throughout Indiana and four other states. Novia focuses on delivering advanced health and wellness solutions to employees and dependents.
Missing: Novia CareClinics's Product Demo & Case Studies
Promote your product offering to tech buyers.
Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.
Missing: Novia CareClinics's Product & Differentiators
Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).
Latest Novia CareClinics News
Nov 13, 2013
CHICAGO, IL--(Marketwired - Nov 13, 2013) - Dresner Partners, a leading FINRA-registered, middle-market investment bank and IMAP member firm, announced today that it advised Novia CareClinics, LLC in its sale to QuadMed, LLC, a subsidiary of Quad/Graphics, Inc. ( NYSE : QUAD ). Terms of the transaction were not disclosed. Headquartered in Indianapolis, Novia focuses on delivering health and wellness solutions to employees and their dependents. Novia operates 49 center locations, servicing 96 different employers located throughout Indiana and in Colorado, Georgia, Mississippi and Ohio. Together, QuadMed and Novia CareClinics will operate more than 90 clinic locations across 18 U.S. states and serve the needs of more than 150,000 patients. "This transaction will strengthen both our companies' leadership positions in the healthcare markets we serve and enable us to offer the best of our respective models to a wider range of employers," said Eric Olson, President of Novia CareClinics, who will continue with the combined company as a member of the senior leadership team. "We built our businesses independent of any competing interests, and combining our two companies will make an even more meaningful difference in today's complex healthcare landscape. " "Novia CareClinics was a pleasure to work with on this transaction," said Mitchell Stern, Managing Director and Head of the Healthcare Group at Dresner Partners. "The company's innovations in employer-sponsored healthcare management solutions and its on-site primary care for small to mid-size companies made it an attractive target for QuadMed. " Steven Dresner, President at Dresner Partners, added, "We are pleased to have helped Novia in its sale to QuadMed. The two companies are complementary providers in employer-sponsored healthcare management solutions, and Novia will be a great addition to QuadMed. " Novia CareClinics creates and manages employer-sponsored on-site clinics for small to mid-size companies and larger organizations with multiple locations. The services provided by Novia include clinic operations management, such as inventory maintenance, online scheduling and electronic medical records systems, individual health risk assessments, pre-disease management and educational reach-out programs. QuadMed is a subsidiary of Quad/Graphics, a leading global printer and media channel integrator. Quad/Graphics created QuadMed to improve employees' access to quality, cost-effective healthcare through on-site primary care clinics and robust wellness programming. Later, Quad/Graphics began sharing its QuadMed model with other large, self-insured employers. QuadMed's track record of success is rooted in integrating prevention-focused primary care with leading-edge information management. Today, QuadMed serves a wide variety of Fortune 1000 companies. About Dresner Partners Dresner Partners is a FINRA-registered, middle-market investment bank headquartered in Chicago, Illinois with an office in New York City. Founded in 1991, Dresner Partners provides financial advisory services to middle market companies throughout the world, including institutional private placements of debt and equity, merger and acquisitions advisory, financial restructuring & corporate turnarounds, valuations and strategic consulting services. Dresner Partners is also a member of IMAP, an exclusive global organization of leading merger and acquisition advisory firms. An affiliated company, Dresner Corporate Services, is a strategic communications firm specializing in public and investor relations. More information is available at www.dresnerpartners.com or www.imap.com/locations/office.cfm?OfficeID=416 Contact Information
Novia CareClinics Frequently Asked Questions (FAQ)
Where is Novia CareClinics's headquarters?
Novia CareClinics's headquarters is located at 429 North Pennsylvania Street, Indianapolis.
What is Novia CareClinics's latest funding round?
Novia CareClinics's latest funding round is Acquired.
How much did Novia CareClinics raise?
Novia CareClinics raised a total of $4.2M.
Who are the investors of Novia CareClinics?
Investors of Novia CareClinics include QuadMed and US Government.
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.