Navigant Consulting, Inc. was an American management consultancy firm. It had offices in Asia, Europe and North America; the head office was in

Chicago, Illinois (''City in a Garden''); I Will , image_map = , map_caption = Interactive Map of Chicago , coordinates = , coordinates_footnotes = , subdivision_type = List of sovereign states, Count ...

. 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 to ...

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 to businesses in the energy and other regulated industries. It was listed on

NASDAQ The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...

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 Los Angeles County, officially the County of Los Angeles, and sometimes abbreviated as L.A. County, is the most populous county in the United States and in the U.S. state of California, with 9,861,224 residents estimated as of 2022. It is th ...

in a contract to work at Martin Luther King Jr.-Harbor Hospital 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 Baptist Health South Florida is a faith-based not-for-profit healthcare organization and clinical care network in Miami-Dade, Broward, and Palm Beach counties. Baptist Health has 11 hospitals and in excess of 100 physician practices and outpati ...

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

* {{authority control 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