Healthia Consulting Fills Void Created by Recent Acquisitions

 Healthia Consulting Fills Void Created by Recent Acquisitions

MINNEAPOLIS, MN, October 12, 2005— Healthia Consulting, Inc. announced its strategic expansion into the national healthcare marketplace. Formerly known as StoneBridge Group, a healthcare consulting firm founded in 1998, Healthia Consulting intends to fill a void in the industry resulting from the surge in acquisitions of national healthcare practices by non-healthcare consulting firms—all during a time when demand has never been higher.

“We believe the recent acquisitions of many of our competitors has created the need for national consulting firms exclusively focused on healthcare,” stated Glenn Galloway, Chief Executive Officer of Healthia Consulting. Healthcare consulting demand has increased in recent years at a rate of 8 to 10 percent annually, as compared with overall consulting growth which has been at 3 to 5 percent globally, according to the August 29, 2005 edition of Modern Healthcare. This growing industry demand, paired with strategic advantages such as key regional offices, industry-leading consultants, strong financial growth and an exclusive focus on healthcare puts Healthia Consulting in an excellent position as they launch initiatives to become a premier national healthcare consulting firm.

ABOUT HEALTHIA CONSULTING

Healthia Consulting, Inc. is a privately held national healthcare consulting firm that offers management advisory and solution delivery services for healthcare provider, payer and life sciences organizations. Healthia Consulting offers a unique consulting model providing an implementation-oriented partnership with clients, a work environment that offers colleagues a path for professional growth and personal challenge unequalled in the industry, and contributions of time and money to worthy healthcare focused organizations. Healthia Consulting, formerly StoneBridge Group, adopted the Healthia mark/name after a considerable process. For more information, visit www.healthiaconsulting.com.

Headquarters:
Healthia Consulting
701 Xenia Avenue South, Suite 170
Minneapolis, MN 55416
Phone: (763) 923-7900
Fax: (763) 923-7901
E-mail: info@healthiaconsulting.com