Vizient, Inc. announced it has completed its acquisition of Kaufman Hall, bringing together two of the industry’s most trusted advisors focused on helping healthcare organizations solve complex challenges as they deliver high-quality patient care to their communities. The combined organization will offer advisory services in key areas such as revenue and cost, advanced clinical quality and operational analytics, corporate finance, partnerships, mergers and acquisitions, access to capital and balance sheet management.
“By coming together, Vizient and Kaufman Hall will be able to help our clients achieve strategic, financial, clinical and operational excellence,” said Byron Jobe, president and CEO for Vizient. “Bringing together the deep expertise with spend management and industry-leading data and analytics will help clients navigate the future of healthcare.”
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Vizient’s consulting services will be combined with Kaufman Hall and led by Kate Guelich who previously served as CEO of Kaufman Hall. “The new advisory organization is structured to expand on the existing, valuable components of each organization’s people, operations, infrastructure, and processes,” said Guelich. “As a result, we can offer a more comprehensive set of services and solutions that advance clients’ transformation to high-value care and enhance their mission-driven initiatives, ultimately leading to organizational success.”
“It is exciting to be part of this new chapter in our history,” said Ken Kaufman, founder of Kaufman Hall. “At a time when our clients are looking to us to help solve their most important challenges, our complementary areas of expertise position us to deliver the insights and support they need.”
Vizient, Inc., the nation’s largest provider-driven healthcare performance improvement company, serves more than 65% of the nation’s acute care providers, including 97% of the nation’s academic medical centers, and more than 35% of the non-acute market. The Vizient contract portfolio represents $140 billion in annual purchasing volume enabling the delivery of cost-effective, high-value care.
SOURCE: Businesswire