Symphony Health Solutions Appoints Neal Bibeau Chief Executive Officer

HORSHAM, Pa., April 28, 2014 (GLOBE NEWSWIRE) -- Symphony Health Solutions, a leading provider of high-value data, analytics, and technology solutions for healthcare and life sciences manufacturers, payers and providers, today announced the appointment of Neal Bibeau as Chief Executive Officer. Launched in May 2012, Symphony Health Solutions was formed by the Symphony Technology Group (STG) to address the growing needs for big data analytics, information and insights in the healthcare and life sciences industries.

Bibeau, a seasoned executive with experience across multiple industries including healthcare, IT, and big data, most recently served as President and CEO of DecisionOne Corporation. There, he was widely credited with transforming the company and at the same time gained recognition from industry analysts and technology organizations for outstanding customer value and service. He has also served in senior executive roles at leading organizations such as Focus Diagnostics and IMS Health, with a track record of creating exceptional growth, profitability, and customer satisfaction at each organization under his leadership. His background in data management, analytics and IT, combined with his broad knowledge of the healthcare landscape, provides a unique skill set that will enable him to accelerate the growth of Symphony Health Solutions and lead its efforts to transform the healthcare informatics marketplace.

"Neal Bibeau is an inspired leader who combines strategic acumen with practical action and sharp customer focus. His proven track record in delivering tangible customer value by leveraging big data and advanced analytic solutions is a perfect match for Symphony Health Solutions," said Dr. Romesh Wadhwani, Chairman and CEO of STG. "Neal will be instrumental in leading this business to become the technology-driven market leader in differentiated healthcare data, analytics and insights with a laser focus on customer value creation."

"I am very excited to be joining Symphony Health Solutions as the company expands its presence in the health informatics marketplace and supports our clients through the substantial transformation underway in the healthcare ecosystem," stated Bibeau, CEO, Symphony Health Solutions. "This is a company with a strong and growing core business and I look forward to working with the entire Symphony team and our customers to build solutions that take the health informatics industry to the next level."

Bibeau received a B.A. in Economics and Government from Dartmouth College, as well as a M.B.A. from the Amos Tuck School of Business Administration of Dartmouth College.

About Symphony Health Solutions

Symphony Health Solutions is a leading provider of high-value data, analytics, technology solutions and actionable insights for healthcare and life sciences manufacturers, payers and providers. The company helps clients drive revenue growth and commercial effectiveness, while adapting to the transformation of the healthcare ecosystem, by integrating a broad set of patient, prescriber, payer and clinical data together with primary and secondary health research, analytics and consulting. Symphony delivers a comprehensive perspective on the real dynamics that drive business in the healthcare and life sciences markets. For more information, visit www.symphonyhealth.com.

About Symphony Technology Group

Symphony Technology Group (STG) (Palo Alto, CA) is a strategic private equity firm with the mission of investing in and being a partner in building great software and services companies. In addition to capital, STG provides transformation expertise to enable its portfolio companies to deliver more value to clients to retain and attract the best talent, and to achieve best-in-class business performance. All STG portfolio companies are expected to grow through innovation. STG's current portfolio consists of 15 global companies with combined revenue of $2.5 Billion, and 15,000 employees spread evenly across North America, Europe and Asia. For more information, visit: www.symphonytg.com.

CONTACT: For media information, please contact: Tom Kivett, Kivett & Company Communications tkivett@kivettandco.com 212.727.2935 Heather Varela, Symphony Health Solutions heather.varela@symphonyhealth.com 602.463.7838Source: Symphony Health Solutions