Durham, N.C., May 13, 2002--Eli Research, LLC, has acquired the medical newsletter business of Global Success Corporation, announced Eli Research Chairman and CEO Greg E. Lindberg.
"This acquisition is a significant accomplishment for our combined teams. We are lucky to have an extraordinarily talented group of people on board who can take our company into the future," says Lindberg.
The enlarged firm now publishes over 50 medical newsletters monthly, with a heavy emphasis on the coding and compliance aspects of healthcare. Global Success, in its most recent three years, had become the world's largest publisher of specialty-specific medical coding newsletters.
Terms of the transaction were not disclosed. Eli Research was represented by Whitestone Communications.
Eli is headquartered in Durham, N.C. The Global newsletters will continue to be published from their Naples, Florida, office, which has now become a unit of Eli. Samantha Gardiner, a newly elected member of the NEPA Board of Directors, will remain President of the division, which will be operated under the Coding Institute name.
Dr. Leslie Norins and Rainey Norins, former CEO/ chairman and vice chairman of Global, respectively, have become consultants to the newly enlarged Eli, and will continue to reside in Naples. Norins said, "After 27 wonderful years in the newsletter business, we are honored to 'pass the baton' to an up-and-coming company like Eli."
