Kirchner Group Utilizes Years of Advisory Experience, Expertise and Services in Game Changing Acquisition
Kirchner Group, a boutique advisory, M&A, operational support and asset management firm, is pleased to announce that they have facilitated an acquisition by Health Sense Ai, an affiliate of HD Nursing of Prevention Plus, owner of the Braden Scale©.
Prevention Plus, Owner of the Braden Scale© acquired by HD Nursing Affiliate Health Sense Ai
Jacksonville, FL – April 27, 2021 – Kirchner Group, a boutique advisory, M&A, operational support and asset management firm, is pleased to announce that they have facilitated an acquisition by Health Sense Ai, an affiliate of HD Nursing of Prevention Plus, owner of the Braden Scale©. The acquisition synergistically combines scientific knowledge accumulated and developed over more than three decades, with technology and data analytics.
Over 30 years ago Drs. Barbara Braden and Nancy Bergstrom developed and validated the Braden Scale©. Globally, it is the most widely used and validated assessment tool for predicting pressure ulcers/injuries and has expanded to an array of other purposes. It is categorically one of the most recognized brands in healthcare. HD Nursing will become the sole licensor of the Braden Scale© going forward and will continue to build on the existing framework. As part of the transaction Dr. Barbara Braden and Dr. Nancy Bergstrom, have joined HD Nursing’s Advisory Board.
“I am extremely excited and grateful to turn over the Braden Scale© and our other intellectual property to Dr. Amy Hester and the HD Nursing clinical leadership team. I am confident that the legacy of the Braden Scale© will be both protected and enhanced in its new home,” commented Dr. Barbara Braden. Dr. Nancy Bergstrom added, “I appreciate the ingenuity and tenacity of the Kirchner Group and Dr. McNees in helping us develop and refine the Braden Scale© as well as ultimately creating such a perfect match.”
During the 1990s Dr. Patrick McNees began working with Drs. Braden and Bergstrom to elaborate their assessment tool to not only assess the level of risk, but also establish the risk profile. Work then began to develop algorithms that would mitigate that risk. During their decades of assistance Kirchner Group leveraged their extensive experience in enterprise development and commercialization of intellectual property as well as their “Ideas to Change” model wherein they specialize in moving creative ideas thru a premeditated process to create genuine positive change.
“We are privileged and honored to have worked with Drs. Braden and Bergstrom for many years,” stated Dr. Patrick McNees, Managing Partner, Health and Life Sciences with Kirchner Group. “We are also very proud to once again play a key role in facilitating a successful outcome for our clients that is consistent with our founding principles of creating value and promoting values.”
“We are thrilled with the opportunity to incorporate this gold standard prediction tool into our newly developed Braden-Hester Pressure Injury Prevention Program©. I look forward to working with both Dr. Braden and Dr. Bergstrom to further improve patient outcomes relating to pressure injuries and hope to continue to work with Dr. McNees as well,” added HD Nursing CEO and Health Sense Ai President Dr. Amy Hester. “It was also a pleasure to work with a knowledgeable and experienced advisor, Dr. Patrick McNees of the Kirchner Group, who was instrumental in navigating what could have been a cumbersome and detailed process.”