Acquisition of health care payer consulting firm boosts transformational health care capacity.
Chartis, a leading health care advisory firm, has announced that it has acquired HealthScape Advisors, a leading health care payer consulting firm. Based in Chicago with 160 professionals, HealthScape helps payers across all segments, including commercial, Medicare, Medicaid, ACA and federal, navigate the evolving health care landscape.
The acquisition of HealthScape is Chartis' next step to meaningfully expand its work in the health care payer segment, following its acquisition of crankfrog in 2022. HealthScape strengthens Chartis' ability to help payers and providers manage their transformational change agendas in an evolving health care ecosystem increasingly defined by payer-provider convergence.
"The challenges facing health care today in enabling affordable coverage, simplifying the consumer experience, and providing equitable access to high-quality care cannot be simply addressed by providers or payers in a silo," said Greg Maddrey, President of Chartis. "Effective insight and guidance on how to address these challenges requires working across the health care ecosystem. With the addition of the HealthScape team, we will be able to offer that integrated insight to our clients."
"Our complementary strengths position us as a market leader in advising health plans and, together, we can positively impact how care is delivered," said Kyle Stern, HealthScape's Managing Director. "I am deeply thankful to our entire HealthScape team who have worked incredibly hard to help us reach this milestone. I look forward to integrating our firm into Chartis."
Stern will continue to lead HealthScape as it serves the health care payer industry under the brand HealthScape, A Chartis Company.
As a testament to the organizations' common approach and mission-orientation, Chartis and HealthScape have both been recognized as a Best Place to Work by Modern health care for eight years and five years respectively.
Lincoln International LLC served as financial advisor and Ropes & Gray LLP served as legal counsel to Chartis.
SOURCE: Chartis
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