Huron Closes Acquisition of Perception Health

Rhea-AI Summary

Huron (NASDAQ: HURN) has successfully acquired Perception Health Inc., enhancing its healthcare predictive analytics and data capabilities. This strategic acquisition aims to help clients leverage data for improved patient care and decision-making. Huron's CEO, James H. Roth, expressed enthusiasm about integrating Perception Health's expertise to better identify and manage patient risks. Post-acquisition, Perception Health will be included in Huron's Healthcare operating segment, reinforcing their commitment to data-driven healthcare solutions.

Positive

• Strengthened healthcare predictive analytics and data capabilities.
• Enhanced ability to provide data insights for better patient care.
• Increased strategic alignment with Perception Health's expertise.

Negative

• None.

Combination of healthcare predictive analytics and data capabilities with deep technology and industry expertise will help uncover data insights to optimize patient care

CHICAGO--(BUSINESS WIRE)-- Global professional services firm Huron (NASDAQ: HURN) today announced it has completed its acquisition of Perception Health Inc. The combination of the companies strengthens Huron’s healthcare predictive analytics and data capabilities to help clients discover insights and detect patterns to optimize patient care and make better data-driven decisions.

“We are pleased to welcome Perception Health to the Huron team,” said James H. Roth, chief executive officer of Huron. “We look forward to helping our clients use data to identify opportunities for improved clinical and business decision-making.”

Together, Huron and Perception Health will provide clients data insights across the care continuum to better identify and manage risks for patients and communities.

For reporting purposes, Perception Health will be included in Huron’s Healthcare operating segment. For more information, read the press release announcing the acquisition here.

ABOUT HURON

Huron is a global consultancy that collaborates with clients to drive strategic growth, ignite innovation and navigate constant change. Through a combination of strategy, expertise and creativity, we help clients accelerate operational, digital and cultural transformation, enabling the change they need to own their future. By embracing diverse perspectives, encouraging new ideas and challenging the status quo, we create sustainable results for the organizations we serve. Learn more at www.huronconsultinggroup.com.

Statements in this press release that are not historical in nature, including those concerning the Company’s current expectations about its future results, are “forward-looking” statements as defined in Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by words such as “may,” “should,” “expects,” “provides,” “anticipates,” “assumes,” “can,” “will,” “meets,” “could,” “likely,” “intends,” “might,” “predicts,” “seeks,” “would,” “believes,” “estimates,” “plans,” “continues,” “guidance,” or “outlook” or similar expressions. These forward-looking statements reflect the Company's current expectations about future requirements and needs, results, levels of activity, performance, or achievements. Some of the factors that could cause actual results to differ materially from the forward looking statements contained herein include, without limitation: the impact of the COVID-19 pandemic on the economy, our clients and client demand for our services, and our ability to sell and provide services, including the measures taken by governmental authorities and businesses in response to the pandemic, which may cause or contribute to other risks and uncertainties that we face; failure to achieve expected utilization rates, billing rates and the number of revenue-generating professionals; inability to expand or adjust our service offerings in response to market demands; our dependence on renewal of client-based services; dependence on new business and retention of current clients and qualified personnel; failure to maintain third-party provider relationships and strategic alliances; inability to license technology to and from third parties; the impairment of goodwill; various factors related to income and other taxes; difficulties in successfully integrating the businesses we acquire and achieving expected benefits from such acquisitions; risks relating to privacy, information security, and related laws and standards; and a general downturn in market conditions. These forward-looking statements involve known and unknown risks, uncertainties, and other factors, including, among others, those described under “Item 1A. Risk Factors” in Huron's Annual Report on Form 10-K for the year ended December 31, 2020, that may cause actual results, levels of activity, performance or achievements to be materially different from any anticipated results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements as a result of new information or future events, or for any other reason.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220103005112/en/

MEDIA CONTACT

Allie Bovis

abovis@hcg.com

INVESTOR CONTACT

John D. Kelly

investor@hcg.com

Source: Huron

FAQ

What does Huron's acquisition of Perception Health Inc. involve?

Huron's acquisition of Perception Health focuses on enhancing healthcare predictive analytics and data capabilities to optimize patient care.

What is the strategic importance of the acquisition for Huron?

The acquisition bolsters Huron's ability to provide data insights and improve clinical and business decision-making for healthcare clients.

How will Perception Health be integrated into Huron's operations?

Perception Health will be included in Huron's Healthcare operating segment, enhancing their overall service offerings.

What impact does the acquisition have on Huron's clients?

Clients will benefit from improved data-driven insights, helping them better manage patient risks and enhance care delivery.