EY acquires leading New Zealand health consulting company
2 July 2015 - EY has moved to acquire the business and assets of leading New Zealand health consulting company, Health Partners Consulting Group Ltd (Health Partners), making EY one of the country’s largest health care advisors.
Health Partners’ managing partner Stephen McKernan – New Zealand’s Director-General of Health from 2006 to 2010 – will join EY Oceania’s health advisory team as a partner, while partners Chris Mules and Rana Wong join EY as directors. Health Partners’ employees and clinical associates will also join EY.
EY New Zealand’s managing partner Simon O’Connor says the acquisition will accelerate the expansion of EY’s health consulting capabilities.
“Our advisory business in New Zealand has grown by nearly 60 per cent in the past two years. Acquiring Health Partners will enable us to build on this already impressive growth and boost our credibility in the health sector,” O’Connor says.
EY New Zealand advisory leader Paul Roberts says Health Partners will further strengthen EY Oceania’s health consulting network. “We can now provide a full suite of health consulting services in New Zealand, including policy and strategic advice,” he says. “The addition of Stephen, Chris and Rana and their team to our large, broad-based risk and performance consulting practice means we can be a one-stop-shop for public and private health organisations.”
McKernan says his team is excited to be joining EY and is looking forward to the benefits this will bring to staff and clients in New Zealand and Australia.
“As a boutique health advisory firm, Health Partners has enjoyed a fantastic four-and-a-half years since inception. We have grown rapidly, and attracted a high calibre team and clinical associates who have earned a strong reputation for delivering high quality health advisory services,” he says.
“The opportunity to join forces with EY New Zealand and the EY Oceania health network is significant for us. The size, capability and expertise within EY will broaden our current offering, including a greater emphasis on supporting change and service transformation, and the development and delivery of further innovation in both the business and the service domains.
“I would like particularly to acknowledge the great team we have at Health Partners which is looking forward to working within EY New Zealand, and the global firm.
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This news release has been issued by Ernst & Young New Zealand, a member firm of Ernst & Young Global Limited.