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Kaufman Hall and Vizient announce investment and form strategic collaboration

Press releases may be edited for formatting or style | November 04, 2021 Business Affairs
Kaufman, Hall & Associates, LLC (“Kaufman Hall”), a strategic advisor for healthcare systems and providers, and Vizient, Inc. (“Vizient”), the nation’s leading healthcare performance improvement company, announced that Vizient will make a strategic, minority investment in Kaufman Hall. Funds affiliated with Madison Dearborn Partners, LLC (“MDP”) will continue to own a majority position in Kaufman Hall.

“We are excited to receive this strategic investment from Vizient, as it opens the door for us to collaborate with Vizient and its members to address our clients’ most important strategic, financial, and operational needs,” said Kenneth Kaufman, founder and chair of Kaufman Hall. “Vizient’s deep industry expertise and complementary capabilities create an opportunity for Kaufman Hall to strengthen our offering in strategic planning, financial planning, and performance improvement. With the continued partnership of MDP and with the investment by Vizient, Kaufman Hall will be even better positioned to deliver industry-leading insights and unlock value across the healthcare continuum.”

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, and clinical quality.

“Vizient’s investment and collaboration with Kaufman Hall will positively impact the financial, clinical, and operational performance of our members,” said Byron Jobe, president and CEO at Vizient. “Kaufman Hall’s unparalleled financial performance offerings and advisory services joined with Vizient’s data and analytics capabilities, and clinical and operational performance expertise will provide solutions to some of healthcare’s most difficult problems. This investment and our future collaboration serve our mission to connect healthcare organizations and providers with the knowledge, solutions, and expertise that enable them to improve performance.”

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.

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