This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Huron Consulting Group To Acquire Vonlay, LLC

Huron Consulting Group Inc. (NASDAQ: HURN), a leading provider of business consulting services, today announced that it has entered into an agreement to acquire the assets of Vonlay, LLC, a healthcare technology consulting firm, specializing in clinical information systems and electronic health records (EHR) implementations and optimizations.

Vonlay’s expertise in healthcare information technology (HIT), particularly Epic Systems software, expands Huron Healthcare’s capabilities empowering hospitals, health systems, and academic medical centers to improve their operations and care delivery.

“The addition of Vonlay introduces a new set of capabilities for Huron Healthcare to deliver value to hospital, health system and physician group clients,” said James H. Roth, chief executive officer and president, Huron Consulting Group. “Vonlay’s services will enhance our performance improvement and clinical transformation solutions, and will enable our clients to better realize a return on the significant investment that many of them have made in automating electronic health records.”

Vonlay offers a robust suite of HIT optimization, implementation, maintenance and staff augmentation services, including helping clients execute, upgrade, and maintain EHRs, build patient portals, convert to ICD-10, meet “meaningful use” requirements, and aggregate and analyze data.

“Huron understands that providers have significant and ongoing needs for information systems to produce high quality data accessed in real time, to provide new ways to engage patients, to enhance quality and safety, and to increase efficiency,” said Aaron Carlock, managing partner, Vonlay. “We are excited to join such an outstanding organization, with a proven track record for improving operations and transforming care.”

“Information technology is the backbone of more efficient and effective healthcare, and Vonlay is a leader in helping hospitals, health systems and physician groups make the best use of those investments,” said Gordon Mountford, executive vice president, Huron Healthcare. “The addition of Vonlay will enable Huron Healthcare to continue to bring new expertise and solutions to our clients as they transition to accountable care.”

The acquisition will result in approximately 130 Vonlay professionals joining the Huron Healthcare team. Aaron Carlock, Mike Kolpien and Farhan Ahmad will join Huron as managing directors. Vonlay, headquartered in Madison, Wis., was recently named one of Madison Magazine’s “Best Places to Work in Technology.”

The acquisition, which is subject to certain customary closing conditions, is anticipated to close in May. Terms of the acquisition were not disclosed. For reporting purposes, Vonlay will be included in the Huron Healthcare segment, which accounts for more than 50% of Huron’s overall revenue.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,086.31 -76.68 -0.42%
S&P 500 2,115.98 -7.50 -0.35%
NASDAQ 5,091.5250 -15.0680 -0.30%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs