SAN DIEGO, July 12, 2016 /PRNewswire/ -- The healthcare
division of Kurt Salmon US, Inc., is joining ECG Management
Consultants, one of the nation's leading consulting firms serving
health systems, hospitals, medical groups, and academic medical
centers. ECG has signed a purchase agreement with Kurt Salmon's
parent company, Management Consulting Group PLC (LSE:MMC), a
London-based professional services
company. ECG is a portfolio company of Gryphon Investors, a
San Francisco-based, middle-market
private equity firm. Terms of the transaction, which is
expected to close within several weeks, were not disclosed.
The Kurt Salmon acquisition represents a significant milestone
for ECG, which has been expanding its size and scope to better meet
the complex needs of healthcare organizations. The two firms'
combined strengths, complementary service offerings, and shared
commitment to leading healthcare forward will give the industry a
comprehensive consulting resource with decades of experience
helping providers and payors thrive.
Known for its strategic approach and integrated perspective,
Kurt Salmon provides three major service lines: strategy, facility
and capital assets, and information technology. These areas of
expertise tightly align with ECG's core service offerings in
strategy, operations, finance, and technology.
"Kurt Salmon's healthcare division is a natural fit with ECG,
sharing a singular focus on healthcare. If you look at the
expertise and capabilities of each firm, what we will be able to
accomplish together for the benefit of our clients is really
unmatched in the industry," said ECG CEO Gary Edmiston. "Coming together allows us to
strengthen ECG's current suite of services and expand our offerings
in strategic planning, facility and capital assets planning, and IT
strategy in order to fully serve the healthcare organizations we
work with."
Andy Bachrodt, managing partner
of Kurt Salmon's healthcare division, sees the combined strengths
of the two firms as a clear opportunity to better serve the needs
of the healthcare industry, which is undergoing massive
transformation. "We are excited to join forces with the ECG team.
Our firms are highly aligned in culture, capability, and client
base, and we see great opportunity to build upon our respective
strengths," said Bachrodt. "Our clients across the spectrum – from
community hospitals, regional and national health systems,
children's hospitals, academic medical centers, and schools of
medicine – will benefit from the depth of our combined service
offerings and thought leadership as we help them plan for the
future and devise innovative solutions to the challenges facing the
U.S. healthcare system."
ECG is adding two new office locations – Atlanta and Minneapolis – as part of the Kurt Salmon
transaction, as well as a second office in San Francisco.
For more information about ECG's acquisition of the healthcare
division of Kurt Salmon, contact Susan
Arnold at 303-841-7774.
About ECG
ECG is a strategic consulting firm that is leading healthcare
forward using the knowledge and expertise built over the course of
four decades to help clients see clearly where healthcare is going
and to navigate toward success. With deep expertise in
strategy, finance, operations, and technology, ECG builds
multidisciplinary teams to meet the unique needs of every client –
from discrete operational issues to bigger-picture strategic and
financial challenges. Working as trusted partners with hospitals,
health systems, medical groups, academic medical centers,
children's hospitals, ambulatory surgery centers, and healthcare
payors across the country, ECG delivers smart counsel and pragmatic
solutions to the critical challenges facing healthcare providers.
ECG's national presence includes offices in Boston, Chicago, Dallas, San
Diego, San Francisco,
Seattle, St. Louis, and Washington, D.C.
About Kurt Salmon's Health Care Group
Kurt Salmon is a global management consulting firm dedicated to
building the market leaders of tomorrow – whatever tomorrow might
look like.
In North America, Kurt Salmon's
Health Care Group helps build provider organizations that are
uniquely relevant in the dynamic environment of the 21st century.
We believe that when uncertainty and change are the norm,
patient-centered, operationally efficient, information-enabled
healthcare organizations will be best positioned to thrive. So we
offer our clients three discrete – but linked – capabilities:
strategy, facility and capital assets planning, and information
technology advisory services.
Succeeding in today's healthcare environment is an enormous
challenge. But even that is not enough. Healthcare providers also
need to position themselves for continued success in the even more
uncertain future. That's where Kurt Salmon comes in. We call it
delivering "success for what's next." Our clients tell us the
results are transformative.
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SOURCE ECG Management Consultants