Navigant Consulting, Inc. was an American
management consultancy
Management consulting is the practice of providing consulting services to organizations to improve their performance or in any way to assist in achieving organizational objectives. Organizations may draw upon the services of management consultant ...
firm. It had offices in Asia, Europe and North America; the head office was in
Chicago, Illinois
(''City in a Garden''); I Will
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. The stock was a component of the
S&P 600
The S&P SmallCap 600 Index (S&P 600) is a stock market index established by Standard & Poor's. It covers roughly the small-cap range of American stocks, using a capitalization-weighted index.
To be included in the index, a stock must have a total ...
index. Navigant was acquired by
Guidehouse in 2019.
History
The company was formed in 1983 by Richard Metzler as The Metzler Group Inc.; it provided
management consultancy
Management consulting is the practice of providing consulting services to organizations to improve their performance or in any way to assist in achieving organizational objectives. Organizations may draw upon the services of management consultant ...
to businesses in the energy and other regulated industries. It was listed on
NASDAQ in October 1996, under the ticker symbol METZ. In July 1999 the name was changed to Navigant Consulting, Inc.; the stock was listed on the
New York Stock Exchange
The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed ...
soon afterwards. William M. Goodyear became chairman and CEO of the company in 2000.
In 2005, the company was accused of overcharging
Los Angeles County in a contract to work at
Martin Luther King Jr.-Harbor Hospital Martin may refer to:
Places
* Martin City (disambiguation)
* Martin County (disambiguation)
* Martin Township (disambiguation)
Antarctica
* Martin Peninsula, Marie Byrd Land
* Port Martin, Adelie Land
* Point Martin, South Orkney Islands
Austral ...
in
Willowbrook, CA. County auditors rejected over $206,000 in expenses, including unauthorized first-class airfares to and from Los Angeles, and determined that Navigant had deleted from their to-do list a number of tasks and goals that they had failed to accomplish. Despite Navigant's work, King-Harbor failed to meet federal standards for Medicare funding in 2006, prompting the county to undergo a radical restructuring plan for the hospital.
In 2012, Julie Howard replaced Goodyear as CEO. In April 2018, the company partnered with
Baptist Health South Florida to form a joint venture providing
revenue cycle management to healthcare organizations. The dispute and investigative division of the company was sold to Ankura Consulting in August 2018.
Reception
* The Hot 100, Fortune, September 2005.
*Perfect score,
Human Rights Campaign's Corporate Equality Index The Corporate Equality Index is a report published by the Human Rights Campaign Foundation as a tool to rate American businesses on their treatment of gay, lesbian, bisexual and transgender employees, consumers and investors. Its primary source o ...
2018 for
LGBTQ
' is an initialism that stands for lesbian, gay, bisexual, and transgender. In use since the 1990s, the initialism, as well as some of its common variants, functions as an umbrella term for sexuality and gender identity.
The LGBT term is ...
equality.
References
External links
*
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Companies formerly listed on the New York Stock Exchange
Companies formerly listed on the Nasdaq
American companies established in 1983
Consulting firms established in 1983
Management consulting firms of the United States
1996 initial public offerings
Companies based in Chicago
2019 mergers and acquisitions
1983 establishments in the United States
1983 establishments in Illinois
Companies established in 1983