The Navectis Group

What The Navectis Group does

The Navectis Group is a Michigan-based, founder-owned consulting firm that trains healthcare providers — primarily hospital cancer programs — in oncology Financial Navigation. The company's core product is a four-category Financial Navigation Training Program covering Organizational Support, Staff Training, Evaluation, and Ongoing Supervision (12–30 months of phone/email/fax support). The methodology emphasizes obtaining or improving insurance coverage for uninsured and underinsured patients using ACA provisions, pharmaceutical patient-assistance programs, co-pay foundations, and Medicare benefits optimization — positioned by the company as superior to traditional charity-care and Medicaid-focused counseling. A proprietary patient tracking software generates quarterly reports on financial impact, and the founder Dan Sherman (the originator of the program, created at Lacks Cancer Center in 2009) is available for speaking engagements at oncology industry events as a lead-generation channel.

The business operates on a sales-led, direct-consulting GTM motion: hospitals and cancer centers pay for engagement-based training plus ongoing supervision, with no publicly disclosed pricing or standard fee structure. The company's value proposition is dual — decreasing patient financial distress (improving compliance and satisfaction) while increasing hospital revenue by reducing bad debt, charity care, and insurance denials. Documented customer outcomes include $39 million in patient financial assistance across 4 hospitals from 2012–2016 (~$3.5M/year average), $2.1M/year average hospital savings on avoided write-offs, $3.7M in year-four savings at the Lacks Cancer Center, and ~400 patients covered at St. Mary's Health System. Customers are exclusively US hospitals/health systems operating oncology programs — examples include Vanderbilt-Ingram, Advocate Sherman, Bronson Battle Creek, Maury Regional, AnMed Health, Marie Yeager/Lakeland Health, and The Lacks Cancer Center.

The company operates as a single-leader entity with Dan Sherman as Founder and President, holding primary ownership and control. Strategic positioning is reinforced through partnerships with the Oncology Roundtable (Advisory Board Company), Mercy Cancer Network, the Michigan Cancer Consortium (white paper), and ASCO (peer-reviewed publication). The company's reach is national in stated scope but small in scale (~12 cancer programs cumulatively), and no institutional funding, M&A, or significant leadership expansion is evident from the input data. There are no AI/ML capabilities, no software-as-a-service offering, and no disclosed revenue or headcount figures.

Name

The Navectis Group

Legal name

The NaVectis Group

Website

https://navectis.com

Company type

Private

Founded year

2009

Operating status

Operating

Short description

The Navectis Group is a Michigan-based consulting firm that trains hospital oncology staff in Financial Navigation — a four-part program covering training, organizational support, evaluation, and 12–30 months of ongoing supervision — to reduce patient financial distress and provider uncompensated care.

Ownership category

akta.pro rank

Product category

Healthcare Financial Navigation Consulting

NAICS

Other Scientific and Technical Consulting Services (54169), Educational Support Services (61171)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Healthcare & Clinical Professional Development (CME/CE) (EDAGANAJ)

akta.pro secondary industry

Patient Access Programs & Affordability (Copay/Hubs/PSP) (HLAIAKAG)

Keywords

• Financial navigation training
• Oncology consulting services
• Healthcare revenue cycle
• Patient financial assistance
• Cancer program education

Headquarters

HQ city

Caledonia

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Training and Education Services: Professional services providing education to hospital staff on financial navigation techniques with ongoing supervision. Services include initial training (16-24 hours) and ongoing supervision lasting 12-30 months. The program includes software that tracks patients being navigated and generates quarterly reports showing financial impact.
2. Speaking Engagements: Dan Sherman, Founder and President, is available for speaking engagements at oncology and healthcare conferences to share expertise and generate business leads.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

The NaVectis Group educates and trains hospital staff—primarily in oncology settings—on how to deliver clinical financial navigation services that decrease patient financial distress and reduce provider losses from uncompensated care. The core offering is a Financial Navigation Training Program comprising four components (Organizational Support, Training of Financial Navigation Staff, Evaluation Process, and Ongoing Supervision) paired with proprietary Patient Tracking Software that generates quarterly financial impact reports. The firm also provides ongoing supervision of Financial Navigators for 12-30 months and consulting to help cancer centers implement Financial Navigation Programs.

Product overview

The Navectis Group offers a single unified service offering centered on Clinical Financial Navigation training and consulting for healthcare providers. The core product is the Financial Navigation Training Program, which includes four integrated components: Organizational Support, Training of Financial Navigation Staff, Evaluation Process, and Ongoing Supervision. This is complemented by proprietary Patient Tracking Software that monitors navigated patients and generates quarterly financial impact reports. The company also provides speaking engagement services and consulting to assist cancer centers with implementing Financial Navigation Programs.

Differentiator

Problem solved

Functional benefit

Products and services

• Financial Navigation Training Program A comprehensive training program divided into four categories—Organizational Support, Training of Financial Navigation Staff, Evaluation Process, and Ongoing Supervision—designed to educate hospital staff with techniques that decrease financial burden to patients and increase revenue for providers. Delivered to hospitals and cancer centers as a consulting engagement of 16-24 hours of initial training.
• Patient Tracking Software
• Speaking Engagements
• Ongoing Supervision Services Continued support and supervision of Financial Navigators for 12-30 months via phone, email, or fax as they implement the Financial Navigation Program with patients, with staff accessible for ongoing consultation.

Quantifiable outcome

• Hospitals save average of $2.1 million per year in avoided write-offs and charity care
• +3 more outcomes

Named customers8 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered core.

• Michigan Cancer ConsortiumcoreStrategic or Co-development Partner · 1 February 2018Collaborated with Michigan Cancer Consortium to produce white paper 'Financial Navigation for People Undergoing Cancer Treatment' through the Financial Navigation Subcommittee
• American Society of Clinical Oncology (ASCO)coreStrategic or Co-development Partner · 7 June 2017Dan Sherman published article 'Transforming Practices Through the Oncology Care Model: Financial Toxicity and Counseling' in ASCO's Journal of Oncology Practice
• Oncology Roundtable (Advisory Board Company)coreStrategic or Co-development Partner · 1 January 2012Partnership with Advisory Board Company's Oncology Roundtable for research and recognition of financial navigation programs; Featured in Oncology Roundtable publications and member resources
• Mercy Cancer NetworkcoreStrategic or Co-development Partner · 1 January 2012Best practice sharing arrangement through Mercy Cancer Network Newsletter; The Oncology Financial Navigation program at Saint Mary's Health Care was shared as a best practice across MCN member hospitals

Scale indicators7 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Family Reach: Nonprofit addressing financial toxicity in cancer patients through direct financial assistance and navigation resources for hospital partners. Overlaps NaVectis's mission of mitigating financial distress in oncology settings.
• Triage Cancer: Nonprofit providing education and training on cancer-related financial navigation, insurance, and employment issues. Closest direct comparator to NaVectis in oncology financial navigation education, though delivered through a nonprofit channel.
• Patient Advocate Foundation: National nonprofit providing case management and financial assistance to patients with chronic and life-threatening illnesses including cancer. Comparable in its focus on financial navigation for oncology patients, though it delivers services directly rather than training providers.
• CancerCare: National organization providing financial assistance, counseling, and educational resources to cancer patients. Comparable peer serving oncology patients navigating financial barriers, with similar educational content offerings.

Broad incumbents

• The Chartis Group: Healthcare management consulting firm advising hospitals and cancer programs on strategy, operations, and financial performance. Comparable as a healthcare consultant serving cancer centers, but broader in scope and without NaVectis's financial-navigation specialization.
• Craneware: Healthcare revenue cycle and financial management software and services vendor for hospitals. Adjacent incumbent providing tools and consulting that compete with portions of NaVectis's value proposition around reducing bad debt and optimizing reimbursement.
• Optum Advisory (UnitedHealth Group): Large-scale healthcare consulting and services arm of UnitedHealth Group serving hospitals and health systems. Adjacent incumbent with revenue cycle, financial operations, and patient access offerings overlapping NaVectis's financial navigation domain at much greater scale.
• nThrive (formerly MedAssets/Precyse): Large healthcare revenue cycle management and consulting firm serving hospitals and health systems. Comparable as a broader financial-navigation and revenue-optimization consultant for hospitals, but operating at much larger scale across all service lines.

Regional players

• Hayes, Inc. Specialty healthcare consulting firm providing payer/provider advisory and clinical evidence services. Comparable boutique healthcare consultancy, though not oncology-financial-navigation focused; relevant as a small healthcare consulting peer.

Others

• Leukemia & Lymphoma Society (LLS) Patient Aid: Nonprofit providing financial assistance, co-pay support, and patient navigation resources specifically for blood cancer patients. Thematically comparable in addressing oncology financial distress, but as an assistance funder rather than a training provider.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/pub/dan-sherman/62/4ba/b87

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Navectis Group