HMP World Publicizes Main Acquisition of Neuroscience Schooling Institute (NEI)

The transaction brings two market-leading entities in psychological well being schooling underneath the umbrella of HMP World and positions the corporate as a worldwide powerhouse within the development of sensible psychopharmacology and CNS-focused schooling; contains the pre-eminent manufacturers NEI Congress and NEI Synapse

MALVERN, Pa., July 11, 2023 /PRNewswire/ — HMP World, a number one omnichannel healthcare schooling and occasions firm, at the moment introduced it has entered right into a definitive settlement to accumulate Neuroscience Schooling Institute (NEI), a privately held medical schooling firm and a distinguished chief within the Psychopharmacology-based CNS (Central Nervous System) schooling. Monetary phrases of the deal weren’t disclosed.

Based in 2000 by Stephen M. Stahl, MD, PhD, an internationally famend clinician, researcher, trainer, and pioneer in psychiatry with specialised experience within the subject of psychopharmacology, NEI was developed with a want to assist extra sufferers by serving to professionals than by treating them. His best-selling e-book, important psychopharmacology, at present in its 5^th version, stays the important textual content on the mechanisms of illness and medicines for all psychological well being college students and professionals. NEI’s intensive instructional portfolio contains the distinguished annual conferences, NEI Congress and NEI Synapse; on-line CME exercise; information and analysis; and high-value on a regular basis instruments utilized in hands-on care situations. Via NEI membership, the group offers priceless on-line sources and unique member advantages to physicians around the globe. NEI has a specialised focus in despair; anxiousness problems; bipolar spectrum problems; schizophrenia; sleep problems; ADHD; Alzheimer’s illness; substance use; post-traumatic stress dysfunction; traumatic mind harm; and extra.

“At present marks a big milestone as we add NEI to the HMP World portfolio, persevering with our evolution because the world’s main useful resource for well being schooling,” mentioned Jeff Hennessy, President and CEO, HMP World. “We’ve lengthy admired NEI, an organization with an excellent status whose success has been pushed by exemplary management, robust core values ​​and a passionate dedication to educating physicians. It is a transaction constructed on a shared mission and deep mutual respect. We welcome our NEI colleagues to HMP World and collectively, we’ll proceed to advance the schooling of clinicians and drive vital enchancment within the high quality of psychological well being care in the US and around the globe.”

The story continues

Beneath the phrases of the settlement, NEI will grow to be an entirely owned subsidiary of HMP World and can function as an impartial entity as a part of the HMP World household of corporations. The NEI administration workforce will stay in place, with Steve Smith as managing director e Sheri Mills as President.

As a part of the acquisition, HMP World additionally introduced a number of management adjustments:

• Randy Robbin was named Chief Studying Officer, along with his position as President, HMP Schooling, the medical schooling arm of the corporate. Each Smith and Mills will report back to Robbin.

• Jeff Hennessy, Jr. was named Chief Working Officer, along with his position as President. HMP Omnimedia, which incorporates HMP Collective, the corporate’s medical communications company.

“This deal represents an unbelievable alternative,” mentioned Robbin. “We’ve lengthy revered NEI for his or her wealth of data, long-standing relationships with famend school, and progressive partnerships with trade. I look ahead to working with Stephen and Sheri to understand the numerous potential to increase into their present market and to succeed in new medical sorts”.

“That is an thrilling new chapter for NEI,” mentioned Smith. “We’re extraordinarily proud to hitch a well-run group like HMP World, with a dedication to schooling. They’ve constructed an unbelievable firm with broad attain and consideration throughout the worldwide healthcare group throughout many trade verticals and are firmly centered on investing in our success and serving to us speed up our progress.”

The deal will additional increase the corporate’s presence in all method of the way throughout the psychiatry and behavioral well being market. In 2012, the corporate acquired the US Psychiatric & Psychological Well being Congress, now generally known as Psychology Congress, the most important impartial psychological well being gathering within the U.S. In recent times, the corporate has constructed a robust portfolio of psychological well being schooling and content material each by natural launches and acquisitions of related and complementary choices, together with Psych Congress Elevate, an academic convention for rising psychological well being clinicians; Psych Congress Regional Conferences; the evolution of psychotherapy; Rx Summit; Symposia on Addictive Issues; and Psych Congress Community, a digital useful resource obtainable year-round.

This continues to be a interval of accelerated progress for HMP World, with current transactions within the aged dwelling, cardiovascular and market entry/oncology sectors. In 2022, the corporate accomplished its February buy of Senior Care Advertising and Gross sales Summit (SMASH), the assembly for C-suite gross sales and advertising executives inside senior housing and post-acute care organizations in addition to introduced the formation of a Senior Care Division. In June of 2022, the corporate acquired the Western Afib Symposium, the main instructional convention specializing in advances in atrial fibrillation, and in September, the corporate introduced the acquisition of Proximity Well being, LLC, now generally known as HMP Market Entry Insights, a Palo Alto firm, Californiawith deep expertise in offering actionable insights and insights to the pharmaceutical trade and touted because the “gold normal” supplier of market entry insights.

Navagant served because the unique funding banking adviser to NEI World. Armstrong Teasedale LLP offered authorized recommendation to NEI World and Troutman Pepper LLP offered authorized recommendation to HMP World.

About HMP World
HMP World is the power behind healthcare made sensible and is an omnichannel chief in healthcare content material, occasions and schooling, with a mission to enhance affected person care. The corporate produces accredited in-person and on-line medical schooling occasions by way of its proprietary VRTX Digital platform and evidence-based, clinically related content material for the worldwide healthcare group throughout a broad vary of therapeutic areas. Its manufacturers embrace HMP World Studying Community, essentially the most complete supply of healthcare information and data; Psych Congress, the most important impartial assembly on psychological well being in the US; the Evolution of Psychotherapy, the world’s largest impartial instructional occasion for psychological well being professionals; the Leipzig Interventional Course (LINC), the main world gathering for interdisciplinary cardiovascular specialists; EMS World Expo, the most important EMT and paramedic occasion in North America; and the Symposium on Superior Wound Care (SAWC), the world’s largest wound care assembly. For extra info, go to hmpglobal.com.

About NEI
The Neuroscience Schooling Institute (NEI) was based with a want to assist extra sufferers by serving to the professionals who deal with them. Since its inception in 2000, NEI has distinguished itself by offering high-quality, visually partaking, evidence-based instructional actions designed to assist enhance the proficiency of healthcare professionals within the analysis and therapy of psychiatric and neurological illness states. NEI’s ECM program consists of annual and regional conferences; stay periods at nationwide conferences; on-line CME actions, paper CME actions; information and analysis; observe instruments; and different on-line sources. Via membership, NEI offers priceless on-line sources and unique member advantages to physicians around the globe. Be taught extra at https://nei.world/mem.

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SOURCE HMP World