November 4, 2021 – Kaufman, Hall & Associates, LLC, a strategic advisor for healthcare systems and providers, and Vizient, Inc. (Irving, TX) announced that Vizient will make a strategic, minority investment in Kaufman Hall.
Funds affiliated with Madison Dearborn Partners, LLC will continue to own a majority position in Kaufman Hall.
Kaufman Hall and Vizient will each remain independent organizations with distinct operations, offerings, clients, and management teams. This investment will deepen and expand the two companies’ ability to support health systems with the financial, operational, and strategic insight they need to better serve their communities through access to high quality, affordable healthcare.
Key areas of collaboration between Kaufman Hall and Vizient will include:
- Enterprise and service-line growth strategy
- Financial performance improvement
- Access to capital
- Strategic partnerships
- Spend management
- Clinical quality
Vizient’s investment will enhance Kaufman Hall’s proven ability to help its clients improve financial performance, make effective strategic decisions, access capital, create strategic partnerships, and achieve transformative outcomes.
“We initially invested in Kaufman Hall in 2014 and have enjoyed helping the company grow into the market-leading enterprise it is today,” said Jason Shideler, managing director on the MDP Health Care team. “Vizient’s investment is a testament to Kaufman Hall’s success and the value Vizient sees in Kaufman Hall’s long-term growth potential. We are pleased to welcome Vizient as an investment partner and look forward to working together as we support Kaufman Hall in the continued execution of its client-centric growth strategy.”
The investment is expected to close this quarter, subject to regulatory approval and the satisfaction of other customary closing conditions.