Management buys back Chi Solutions in Ann Arbor

The management team for Chi Solutions is buying out the consulting firm from the Carilion Clinic, creating one more independent business in Ann Arbor.Chi Solutions executives Kathy Murphy and Earl Buck took control of the firm last week and plan take it back to its roots of private, independent consulting. The company specializes in consulting in places, such as Lean Six Sigma, acquisitions, mergers and long-term business strategy.”This is much better for our industry than being owned by a health-care system,” says Murphy, CEO of Chi Solutions. “People wonder if they have access to the information and it hurts us.”The company has 32 employees across the country but has the largest concentration of them (seven) in Ann Arbor. It is hiring one more person for Ann Arbor and another two elsewhere in the country. Murphy hopes to hire a couple more people in Ann Arbor later this year.The company expects to make that happen with a consistent annual growth rate of about 10-20 percent.”The economy has really started to pick up in our industry,” Murphy says. “We expect that to continue.”Source: Kathy Murphy, CEO of Chi SolutionsWriter: Jon Zemke