Chicago IL, June 28, 2019 – JourneyCare, Inc., the largest nonprofit provider of palliative, supportive and end-of-life care in Illinois, completed an acquisition this month of Northwestern Memorial HealthCare’s (NMHC) home health and hospice business units located in Carol Stream, DeKalb, and Lake Forest, IL.
Kaufman Hall served as the exclusive strategic and financial advisor to JourneyCare on the transaction.
To learn more about how Kaufman Hall is assisting healthcare organizations with mergers, acquisitions, and other strategic partnerships, contact Kristofer Blohm [KBlohm@kaufmanhall.com] at 224.724.3182.
About Kaufman Hall
Kaufman Hall provides a unique combination of software, management consulting and data solutions to help society’s foundational institutions to realize sustained success amid changing market conditions. Since 1985, Kaufman Hall has been a trusted advisor to boards and executive management teams, helping them incorporate proven methods, rigorous analytics and industry-leading solutions into their strategic planning and financial management processes, with a focus on achieving their most challenging goals.
Kaufman Hall services use a rigorous, disciplined, and structured approach that is based on the principles of corporate finance. The breadth and integration of Kaufman Hall advisory services are unparalleled, encompassing strategy; financial and capital planning; cost transformation; treasury and capital markets management; and mergers, acquisitions, partnerships, and joint ventures.
Kaufman Hall software includes the Axiom Software Suite, providing sophisticated, flexible performance management solutions that empower finance professionals to analyze results, model the future, and optimize organizational decision making. Solutions for long-range planning, budgeting and forecasting, performance reporting, capital planning, and cost accounting deliver decision support, reporting, and analytics within an integrated software platform. Kaufman Hall’s Clinical Analytics empower healthcare organizations with clinical benchmarks, data, and analytics to provide a higher quality of care for optimized performance and improved patient outcomes.