TMNG Global and Scientia Advisors Form Strategic Alliance For Emerging Home Health Market

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Partnership to Advise Health Care, Telecomand Technology Clients on

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Viable Home Health Solutions

 

Overland Park, KS and Cambridge, MA– October5, 2010 –TMNG Global(NASDAQ: TMNG) a leading provider of professional services to the globalcommunications, digital media, technology, and financial services industries,and

ScientiaAdvisors

, a global management consulting firm specializing inhealthcare, life science, nutrition and biotechnology, today announced apartnership to offer strategic consulting services for the emerging home health*sector.

 

According to Scientia Advisors,the global home health market will grow to an estimated $250 billion ecosystemof services and products by 2014. Homehealth products alone represented $30 billion in 2009 and are expected to grow at8 percent CAGR over the next five years. Several particularly exciting segments, such as mobile health (mHealth) andremote health, are growing faster than larger, more mature segments thataccount for the balance of the home health category, as revealed in Scientia’sindustry review, “PromisingOpportunities within the Home Health Management Landscape.”

 

“While the home health marketpresents tremendous revenue opportunities ahead, traditional health care,telecom and technology players entering the arena will need to be armed withthe right market insights in evaluating home health care offerings,” said RichNespola, Chairman and CEO of TMNG Global. “Scientia Advisors’ deep domain expertise in health care and our successfultrack record with global telecom and technology providers creates an unmatched portfolioof expertise to help IT, telecom and healthcare clients navigate the emerginghome health sector.”

 

Together, the partners form aunique team of home health experts to help IT and telecom companies quantifythe market opportunities, analyze the health care-specific challenges, assessthe competency fit and develop sound business models and strategic roadmaps todrive long-term market success.

 

Complementing TMNG Global’s expertise incommunications and technology, Scientia brings to bear strategic and tacticalinsight across multiple segments of the home health market space, includinghome health agencies, remote monitoring and mHealth. 

 

TMNG Global’s strategy division,CSMG, has conducted significant research of the mHealth sector and, earlierthis year, published a comprehensive study of theemergingdynamics of the mHealth industry and its implication for new players, entitled

 

mHealth:Taking the Pulse. Leveraging its signature strategy and quantitativemethodologies and proprietary knowledge, CSMG provides a broad range ofstrategic advisory services in support of growth and business transformation toecosystem and business model evolution to organizational effectivenessimprovements and deal development. 

 

 “Traditional healthcare providers are under extremepressure to provide better patient care while reducing associated expenses;decentralization is often viewed as the keystone to this prerogative,” saidHarry Glorikian, founder and managing partner of Scientia Advisors.

 “Determining whether a new technology willmeaningfully impact patients, and understanding its potential clinical value,market acceptance and costs will be critical to its success. We look forward to teaming with TMNG Globalin helping technology, telecom and healthcare clients navigate the burgeoning remote health and mHealth markets.”

 

Built on decades of experience inhealthcare/life sciences, Scientia Advisorsprovidesinsight into the health, wellness and clinical aspects of the home healthmarket ecosystem. The strategy consultingfirmemploys rich analytic tools and methodologies, proprietary qualitativeand quantitative techniques, and a global array of clinical and industryexperts to deliver crucial business insights. 

 

About TMNG Global

TMNGGlobal(NASDAQ: TMNG)

is a leadingprovider of professional services to the communications, digital media,technology and financial services industries.Since 1990, TMNG Global and its subsidiaries,CSMG and Cartesian, have provided strategy, business, operations and technicalconsulting to more than 1,200 firms worldwide. The company isheadquartered inOverland Park,Kansas, with offices inBoston,London,New Jersey,Shanghaiand

Washington,D.C.

For more information about TMNG Global, visitwww.tmng.com

 

AboutScientia Advisors

Scientia Advisors, based inBostonand

San Francisco

, is a global management consulting firmspecializing in growth strategies for major and emerging companies in healthcare, life sciences, biotechnology and nutrition. For more information, visitwww.scientiaadv.com

 

*Includedin home health are home health services, durable medical equipment, remotemonitoring, mobile health and telehealth, drug delivery and diagnosticsdevices.

 

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CONTACTS:

        

 

The Management Network Group, Inc. (TMNG)

Debby Brannon

debby.brannon@tmng.com

800.876.5329

 

Brainerd Communicators (for TMNG)

RayYeung / Jo Anne Barrameda (Media)

yeung@braincomm.com

/barrameda@braincomm.com

CoreyKinger (Investors)

kinger@braincomm.com

212.986.6667

Scientia Advisors, LLC

Anne-Sophie Dankens

adankens@scientiaadv.com

617.299.3026

 

Harris Communications (for Scientia)

Anita Harris

anita.m.harris@harriscom.com

617.576.0906

News Source : TMNG Global and Scientia Advisors Form Strategic Alliance For Emerging Home Health Market