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Vizient completes acquisition of Kaufman Hall, consolidates strategic advisory services for the healthcare industry

Aug 01, 2024•about 1 year ago

Acquiring Company

Vizient

Acquired Company

Kaufman Hall

IrvingChicagoMedicalHealth CareInformation TechnologySoftware

Description

Vizient, Inc. 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.

Company Information

Company

Vizient

Location

Irving, Texas, United States

About

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. With its acquisition of Kaufman Hall in 2024, Vizient expanded its advisory services to help providers achieve financial, strategic, clinical and operational excellence. Headquartered in Irving, Texas, Vizient has offices throughout the United States.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed