Vizient plans to take full ownership of Kaufman Hall, the organizations said Tuesday.
Vizient in 2021 made a minority investment in Kaufman Hall, which offers healthcare consulting and analytics including a monthly report on hospital financial data. The group purchasing and consulting organization exercised its option to acquire the remaining interest in Kaufman Hall from private equity firm and majority owner Madison Dearborn Partners.
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Pending regulatory review, the proposed transaction is expected to close in the second half of the year, the organizations said in a news release. Vizient declined to share the financial details of the proposed deal.
Vizient has been steadily expanding its data analytics and consulting services in recent years, forming a strategic partnership in February 2023 with healthcare advisory companies Tiller-Hewitt HealthCare Strategies and ShareMD Connect.
In May 2023, Kaufman Hall acquired Ponder & Co., an advisory firm primarily focused on healthcare finance.
