Cambio Health Solutions, Nashville, agreed to be bought for $43 million in cash and stock by FTI Consulting, Annapolis, Md., in a deal expected to close at the end of May. The company will operate as FTI Cambio Health Solutions. Publicly traded FTI, which consults on corporate finance and restructuring, among other areas, will expand into healthcare with the acquisition. Cambio, a turnaround firm and financial-operations consultant to hospitals and other healthcare providers, originally was part of Quorum Health Group but was sold to employees after Triad Hospitals acquired Quorum. -- by Vince Galloro
Cambio to be bought by FTI Consulting for $43 million
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