Agreement Strengthens Healthcare Technology
Offering
Huron Consulting Group Inc. (NASDAQ: HURN), a leading provider
of business consulting services, today announced that it has
acquired MyRounding, a firm specializing in digital health
solutions to improve patient care. The addition of MyRounding
strengthens Huron’s cultural transformation services for healthcare
providers and expands the integration of Huron’s software and
consulting solutions.
“The combined firms are better positioned to support the growing
needs of our hospital and health system clients as they seek to
improve the patient experience,” said Gordon Mountford, executive
vice president, Huron Healthcare. “The addition of MyRounding
creates a platform for our clients focused on helping them improve
patient safety, patient satisfaction, and clinical quality.”
MyRounding is an application designed to standardize, automate
and track rounding activity, allowing nurses and staff to improve
the care and experience of patients in real time. MyRounding is
based in Denver, Colorado. More than 25 employees will join Huron,
with Tony Gorski and David Marshall joining as managing
directors.
“With Huron’s deep consulting expertise, we will be better able
to serve our clients as they look to us to analyze data, identify
problems, and provide solutions to improve patient care. I look
forward to joining the Huron team and supporting the evolving needs
of the health care industry,” said Tony Gorski, chief executive
officer, MyRounding.
For reporting purposes, MyRounding will be included in the Huron
Healthcare segment. Terms of the acquisition were not
disclosed.
About Huron Healthcare
Huron Healthcare is the premier provider of strategic,
performance improvement and clinical transformation solutions for
hospitals and health systems. In 2015, Huron acquired Studer Group,
the market leader in driving healthcare cultural transformation.
The combination of Huron and Studer Group is focused on improving
healthcare providers’ clinical, operational, and financial
outcomes. By partnering with clients, Huron delivers solutions that
improve quality, increase revenue, reduce expenses, and enhance
physician, patient, and employee satisfaction across the healthcare
enterprise. Clients include leading national and regional
integrated healthcare systems, academic medical centers, community
hospitals, and physician practices. Modern Healthcare ranked Huron
Healthcare fourth on its 2015 list of the largest healthcare
management consulting firms. Learn more at
www.huronconsultinggroup.com/healthcare or follow us on Twitter:
@Huron.
About Huron Consulting Group
Huron Consulting Group helps clients in diverse industries
improve performance, transform the enterprise, reduce costs,
leverage technology, address regulatory changes, recover from
distress and stimulate growth. Our professionals employ their
expertise in finance, operations, strategy, analytics, and
technology to provide our clients with specialized analyses and
customized advice and solutions that are tailored to address each
client's particular challenges and opportunities to deliver
sustainable and measurable results. The Company provides consulting
services to a wide variety of both financially sound and distressed
organizations, including healthcare organizations, leading academic
institutions, Fortune 500 companies and governmental entities.
Huron has worked with more than 450 health systems, hospitals, and
academic medical centers; and more than 400 universities and
research institutions. Learn more at
www.huronconsultinggroup.com.
Statements in this press release that are not historical in
nature, including those concerning the Company’s current
expectations about its future requirements and needs, are
“forward-looking” statements as defined in Section 21E of the
Securities Exchange Act of 1934, as amended, and the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements are identified by words such as “may,” “should,”
“expects,” “provides,” “anticipates,” “assumes,” “can,” “will,”
“meets,” “could,” “likely,” “intends,” “might,” “predicts,”
“seeks,” “would,” “believes,” “estimates,” “plans,” or “continues.”
These forward-looking statements reflect our current expectations
about our future requirements and needs, results, levels of
activity, performance, or achievements. Some of the factors that
could cause actual results to differ materially from the
forward-looking statements contained herein include, without
limitation: failure to achieve expected utilization rates, billing
rates and the number of revenue-generating professionals; inability
to expand or adjust our service offerings in response to market
demands; our dependence on renewal of client-based services;
dependence on new business and retention of current clients and
qualified personnel; failure to maintain third-party provider
relationships and strategic alliances; inability to license
technology to and from third parties; the impairment of goodwill;
various factors related to income and other taxes; difficulties in
successfully integrating the businesses we acquire and achieving
expected benefits from such acquisitions; risks relating to
privacy, information security, and related laws and standards; and
a general downturn in market conditions. These forward-looking
statements involve known and unknown risks, uncertainties and other
factors, including, among others, those described under “Item 1A.
Risk Factors” in our Annual Report on Form 10-K for the year ended
December 31, 2014, that may cause actual results, levels of
activity, performance or achievements to be materially different
from any anticipated results, levels of activity, performance, or
achievements expressed or implied by these forward-looking
statements. We disclaim any obligation to update or revise any
forward-looking statements as a result of new information or future
events, or for any other reason.
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Huron Consulting GroupMedia Contact:Jenna
Nichols312-880-5693jnichols@huronconsultinggroup.comorInvestor
Contact:C. Mark HusseyorJohn D.
Kelly312-583-8722investor@huronconsultinggroup.com
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