Huron Consulting Group Continues Expansion of Healthcare Business
CHICAGO, Aug 29, 2011 (BUSINESS WIRE) --
Huron Consulting Group (NASDAQ: HURN), a leading provider of business consulting services, today announced that Michael Cadwell and Andrew Schramm have joined the Company as managing directors in its Huron Healthcare practice. Cadwell will help clients manage and reduce their non-labor costs while Schramm will focus on driving labor productivity for hospitals and health centers.
"Market conditions for our healthcare clients are becoming increasingly challenging," said Gordon Mountford, executive vice president, Huron Healthcare. "Declining hospital margins, reductions in Medicare and Medicaid reimbursement, and the need to anticipate healthcare reform are all impacting hospitals. Michael and Andy's backgrounds, focusing on managing cost and quality, will be instrumental in helping our clients navigate the new healthcare marketplace."
Cadwell has more than 20 years of healthcare consulting experience. He rejoins Huron from Ingenix Consulting where he served as a managing director in the Non-Labor consulting practice. Prior to this, he served as a managing director with Huron Healthcare and Wellspring Partners. At Huron Healthcare, he will focus on cost savings related to goods and services through price negotiation, product selection, standardization, and utilization management. Cadwell works collaboratively with providers to implement strategies, processes and technology for enhancing quality and reducing costs.
Schramm draws on more than 25 years of experience helping a variety of organizations develop and implement labor productivity improvement programs. At Huron Healthcare, he will work with healthcare clients to optimize efficiencies through the improvement of business processes and resource management to drive bottom-line performance improvement. Schramm previously served as a vice president for Tefen Management Consulting where he led their domestic manufacturing, medical device and healthcare consulting practice.
About Huron Healthcare
Huron Healthcare partners with clients to provide comprehensive performance improvement solutions that improve quality, increase revenue, reduce expenses, and increase physician, patient, and employee satisfaction across the healthcare enterprise. Clients include national and regional integrated healthcare systems, leading academic medical centers, community hospitals and physician practices. Modern Healthcare ranked Huron Healthcare third on its 2010 list of the top 15 largest healthcare management consulting firms.
About Huron Consulting Group
Huron Consulting Group helps clients in diverse industries improve performance, comply with complex regulations, reduce costs, recover from distress, leverage technology, and stimulate growth. The Company teams with its clients to deliver sustainable and measurable results. Huron provides services to a wide variety of both financially sound and distressed organizations, including healthcare organizations, Fortune 500 companies, leading academic institutions, medium-sized businesses, and the law firms that represent these various organizations. Learn more at www.huronconsultinggroup.com.
SOURCE: Huron Consulting Group
Huron Consulting Group
Jennifer Frost Hennagir, 312-880-3260