Our Story
NMG is a pioneering clinical and anatomic laboratory consulting firm. Since 1988, We’ve been recognized as a global leader
in laboratory strategic planning, operations, revenue growth, and lab mergers & acquisitions.
Our expertise is built on objectivity, and deep industry knowledge. We focus on sustainable growth strategies that enhance
financial performance while advancing the quality of patient care.
NMG has guided some of the most successful laboratory ventures and maintains client relationships that often span decades.
We leverage subject matter experts in operations, pathology, finance, sales, legal, information technology, and facilities planning. Unlike generalist firms, NMG brings senior, hands-on experts who design practical, high-impact solutions.
Our detailed analysis of market dynamics, evolving patient needs and emerging technologies allows us to raise the
trajectory of success. We help diagnostic organizations and healthcare companies thrive.
Meet David Nichols
David Nichols, President and Founder of The Nichols Management Group, is a nationally recognized expert
in laboratory strategy and management. His insights on laboratories have been featured
in The New York Times, Wall Street Journal, Politico, and Bloomberg.
Since founding NMG, Mr. Nichols has played a pivotal role in identifying, negotiating, and closing acquisitions
valued at more than $1 billion, while also helping launch start-ups worth nearly $500 million. He is widely regarded
for his ability to build enduring client relationships and bringing integrity to every engagement.
His extensive experience includes senior roles at Allergan Pharmaceuticals, where he served as Director of Worldwide
Business Planning, and SmithKline Clinical Laboratories, where he was Director of Physician Marketing and Managed Care.
He has been an executive VP and board member at numerous laboratories. Mr. Nichols earned his MBA from Cornell University
with a Sloan Certificate in Hospital Administration. He studied labor relations at the University of Bath in England
and holds a BBA with honors from the University of Miami.