Huron Consulting Group Launches Wellspring+Stockamp
CHICAGO, Apr 27, 2010 (BUSINESS WIRE) --Huron Consulting Group (NASDAQ: HURN), a leading provider of business consulting services, today announced that its Wellspring Partners and Stockamp businesses will combine their nationally recognized brands under one unified brand - Wellspring+Stockamp, Huron Healthcare.
"By bringing together Huron's two healthcare businesses under the Wellspring+Stockamp umbrella, we create the most experienced consulting team to bear on emerging healthcare client needs," said James H. Roth, chief executive officer, Huron Consulting Group. "The healthcare industry continues to operate amidst unprecedented change. The strategic combination of the Wellspring and Stockamp brands into a single practice enables our clients and the healthcare marketplace to have access to the expertise needed to address current issues as well as those that will be created by the new healthcare reform environment."
Wellspring+Stockamp partners with clients to provide solutions that improve quality, increase revenue, reduce expenses, and increase physician, patient, and employee satisfaction across the healthcare enterprise. It is led jointly by vice presidents, Gordon Mountford and West Johnson. Clients include national and regional integrated healthcare systems, leading academic medical centers, community hospitals and physician practices.
"Wellspring+Stockamp will continue delivering unparalleled results that help clients achieve new levels of performance. This combination of talent allows us to bring even more resources, greater knowledge and deeper experience to every engagement," said Gordon Mountford.
"Independently, Wellspring and Stockamp both have unmatched records of success. As Wellspring+Stockamp, we will have even greater ability to implement broad, end-to-end solutions that help our clients advance their missions," said West Johnson.
The new Wellspring+Stockamp brand is being launched this month in national healthcare publications with the tag line, "Your Mission. Our Solutions."
Wellspring+Stockamp continues to operate within Huron's Health and Education Consulting segment, which also includes the Company's Higher Education business. This segment accounts for nearly 60% of Huron's revenues for the full year 2009. The business helps healthcare institutions and universities respond to increasing funding constraints and regulatory challenges. Wellspring+Stockamp addresses performance improvement needs at health systems, hospitals and academic medical systems across the country. Modern Healthcare ranked Huron second on its 2009 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, resolve disputes, 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 leading academic institutions, healthcare organizations, Fortune 500 companies, medium-sized businesses, and the law firms that represent these various organizations. Learn more at http://www.huronconsultinggroup.com.
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SOURCE: Huron Consulting Group
Huron Consulting Group
Jennifer Frost Hennagir