Claro Healthcare, a healthcare consulting firm, has joined Kaufman, Hall & Associates, a healthcare and higher education management consulting and advisory services firm.
Claro is focused on helping hospitals and health systems through collaboration, depth of knowledge and singular focus on healthcare. The combination aims to support Kaufman Hall in helping healthcare organizations pursue financial, operational and quality improvement.
“We are excited about the opportunity to collaborate with Kaufman Hall, especially given its strong reputation and sought-after service offerings,” says Venanzio Arquilla, chairman and managing director at Claro Healthcare. “Kaufman Hall possesses a deep foundation in helping organizations benchmark performance against their peers. This arrangement will be a strong cultural fit for both of our organizations, given our shared technical and collaborative approach to consulting—and our likeminded commitment to always finding the best solutions for our clients.”
“Healthcare providers are under growing pressure to achieve and demonstrate excellence in all facets of operations, including revenue management and quality outcomes—in the face of rising expenses, declining margins, and changing payment models,” says R. Wesley Champion, managing director and chief executive officer at Kaufman Hall. “Together, the complementary services and cultures of Kaufman Hall and Claro Healthcare will position us to jointly deliver a whole new level of integrated improvement services to healthcare providers, who are more challenged than ever to achieve the financial, operational, and quality performance necessary to carry out their missions of community health.”
TripleTree was Claro Healthcare’s financial advisor in connection with the transaction. McDermott Will & Emery LLP was legal counsel to Claro Healthcare. Kirkland & Ellis LLP was legal counsel to Kaufman Hall.