Huron Consulting Group (NASDAQ: HURN), a leading provider of business consulting services, today announced that Rick Roycroft has joined the Company as a managing director in its Huron Healthcare practice focused on performance improvements in non-labor expenses and supply chain management.
“Today’s budget constraints require that hospitals adopt a different approach to managing non-labor expense. The breadth and depth of supplies, drugs and purchased services available at organizations can account for up to 40% of operating expenses,” said Gordon Mountford, executive vice president, Huron Healthcare. “Hospitals and health systems must reexamine the entire thought process behind the use of supplies and purchased services and seek opportunities for enhanced efficiency and value. Rick’s experience in both cost management and non-labor expense will be a great resource for our clients and a welcome addition to our existing team.”
Roycroft has more than 25 years of experience working with various hospitals and health systems on clinical and operational improvements. At Huron Healthcare, Roycroft will join the Non-Labor performance solutions team helping clients find opportunities for cost savings and efficiencies. In addition, he will assist clients in developing their future supply chain strategies and in reducing non-labor expenses including supplies, pharmaceuticals and purchased services.
Roycroft joins Huron Healthcare from MedAssets Inc., where he served as regional vice president, Clinical Resource and Spend Management, focused on developing new business for group purchasing, supply chain services, physician preference cost reduction, pharmacy cost reduction, 340B optimization, lean transformation services and transitions of care.About Huron Healthcare Huron Healthcare is the premier provider of performance improvement and clinical transformation solutions for hospitals and health systems. By partnering with clients, Huron delivers strategy and 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 third on its 2013 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, reduce costs, leverage technology, process and review large amounts of complex data, address regulatory changes, recover from distress and stimulate growth. Our professionals employ their expertise in administration, management, finance, operations, strategy 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, governmental entities and law firms. Huron has worked with more than 90 of the top 100 research universities, more than 400 corporate general counsel, and more than 385 hospitals and academic medical centers. Learn more at www.huronconsultinggroup.com.