HAMDEN, Conn., Jan. 22, 2014 /PRNewswire/ — Simione Healthcare Consultants, a leading national consulting firm in home health and hospice care, announces the acquisition of Boyd & Nicholas, Inc., a Sonoma County, California-based consulting firm co-founded by Thomas E. Boyd and Thomas Nicholas in 1993.

The merger unites two of the nation’s leading cost report teams for home health and hospice organizations, and opens formal west-coast operations for Simione’s comprehensive expertise in operations, finance, compliance, sales and marketing, technology, and mergers and acquisitions.

Robert J. Simione, Managing Principal at Simione, said, “We are delighted to welcome the Boyd & Nicholas team to further improve clinical and financial performance for our nation’s home health and hospice providers. Cost reporting remains a cornerstone on which Simione was founded, and our joining together will enhance access to expertise as challenges continue to increase for home health and hospice organizations. Together, we provide a stronger blend of operational, financial and clinical experience to help these providers better serve their patients and communities.

“Boyd & Nicholas shares our commitment to ensure that home health and hospice care remain a vital part of the healthcare continuum, and for providing efficient, affordable expertise to improve business performance,” added Simione, “We have a shared vision that excellence in home health and hospice will drive innovation, cost control and optimal outcomes in caring for those who are ill, injured and disabled. We believe this partnership will help more health providers minimize risk and eliminate barriers to financial success at a time when increasing demands threaten the livelihood of so many home care and hospice organizations.”

Based in Rohnert Park, California, Boyd & Nicholas has specialized in cost report preparation, financial analysis, accounting, and due diligence since 1993. Tom Boyd joins the Simione team as Vice President of Reimbursable Services with nearly four decades of Medicare reimbursement expertise, including 12 years with a Medicare intermediary for home health providers. A frequent national and state speaker, he was inducted into the Hall of Fame at the 2013 National Association for Home Care and Hospice Financial Managers Conference, and is a member of the Home Care and Hospice Financial Manager’s Association.

Founded in 1966, Simione™ Healthcare Consultants embodies a diverse group of business talent in 23 states to provide accessible, cost-effective business solutions for the home health and hospice industry. Simione supports performance improvement across the healthcare continuum, engaging hospitals, health networks and agencies for more effective delivery of home health and hospice care. More than 1,000 organizations use Simione’s experts and tools to improve care, reduce costs, and minimize risk to drive business performance.

Media Contact: Linda Wiseman, 203-287-9288, lwiseman@simione.com

SOURCE Simione Healthcare Consultants