Health Management Associates

Health Management Associates is an independent national research and consulting firm founded in 1985 and based in Lansing, Michigan. The firm specializes in addressing complex healthcare program and policy issues, offering leadership, experience, and technical expertise to a diverse clientele that includes local, state, and federal governmental agencies, foundations, investors, health systems, and healthcare providers. With 15 strategically located offices across the United States, Health Management Associates serves both public and private sector clients, assisting them in navigating the complexities of the healthcare landscape.

Allison Bayer

Principal

Avery Belyeu

Principal

Douglas Elwell

CEO

Bruce Gould

Vice President and CFO

Joe Moser

Principal

12 past transactions

Crestline Advisors

Acquisition in 2023
Provider of health plan consulting services intended to serve healthcare professionals and organizations. The company specializes in helping large and small organizations operate successfully and grow despite the constant operational, financial, and political challenges by assigning independent consultants who understand your business needs and who act accordingly, thus providing decisive and effective solutions.

Lovell Communications

Acquisition in 2023
Lovell Communications is an award-winning public relations, crisis communications, and marketing communications firm that has served as strategic counsel and a trusted partner to healthcare providers and suppliers.

Adaptation Health

Acquisition in 2022
Adaptation Health is a buyer-side incubator program developing and building thought leadership and value on behalf of state Medicaid programs and managed care organizations.

The Focus Group

Acquisition in 2022
The Focus Group assists healthcare clients in navigating the intersection of healthcare policy, payment, and delivery by devising and implementing strategies that create change and fuel growth.

MARSI

Acquisition in 2022
MARSI provides coding, bill auditing, physician education, document improvement, and medicare risk adjustment services to hospital clients.

Cirdan Health Systems and Consulting

Acquisition in 2022
Cirdan Health Systems and Consulting specializes in delivering comprehensive healthcare consulting services tailored to managed healthcare organizations. The company offers a wide array of actuarial, financial, and data management services, particularly supporting startup county-based health plans. Additionally, Cirdan assists clients with risk adjustment and encounter submissions, ensuring efficient and effective management of healthcare operations.

Wakely

Acquisition in 2021
Wakely provides specialized actuarial services and consulting focused on the healthcare industry. The company utilizes advanced tools, skilled professionals, and comprehensive data to offer insights and guidance in various areas, including Medicare, Medicaid, government programs, non-profit organizations, and commercial sectors. By helping clients navigate the complexities of healthcare reform, Wakely delivers tailored solutions that enhance understanding and decision-making in an evolving landscape.

State of Reform

Acquisition in 2021
State of Reform is an organization that focuses on bridging the gap between healthcare and public policy. It operates as a conference and event organizer, specializing in health policy conferences across multiple states and at the federal level. By bringing together diverse stakeholders from the healthcare and policy sectors, State of Reform facilitates discussions, idea exchanges, and collaborative efforts aimed at addressing pressing healthcare challenges. Through its events, the organization aims to foster understanding and cooperation among participants, enabling them to engage effectively with the complex issues that shape healthcare systems and policies.

The Moran Company

Acquisition in 2021
The Moran Company is a healthcare consultancy specializing in the design, implementation, and evaluation of payment systems within both the public and private sectors. It possesses extensive expertise in Medicare payment systems and related coding practices, positioning itself as a recognized authority in modeling intricate Medicare reimbursement frameworks. Additionally, the company provides services related to healthcare reform, Medicaid, and the pricing and reimbursement policies for prescription drugs and biotechnology. Through its comprehensive knowledge and analytical capabilities, The Moran Company effectively supports clients in navigating the complexities of healthcare payment systems.

Edrington Health Consulting

Acquisition in 2021
Edrington Health Consulting, founded in 2014, specializes in delivering data and analytic support services tailored for Medicaid and Medicare. The company provides actuarial and financial analyses to health plans, providers, and government agencies, enhancing their understanding of complex reimbursement mechanisms. EHC assists clients in developing capitation rates and risk assessment methodologies, as well as implementing alternative payment structures. Additionally, the firm supports health plans in refining their provider contracting arrangements and improving reporting capabilities, thereby mitigating risk and ensuring compliance with regulatory standards. State agencies rely on EHC's expertise to establish sound financial practices, making it a trusted partner in the health consulting sector.

Leavitt Partners

Acquisition in 2021
Leavitt Equity Partners, established in 2014 and headquartered in Salt Lake City, Utah, is a private equity firm specializing in growth and lower middle market investments within the healthcare sector. The firm targets healthcare companies focused on services, care models, and technologies that enhance value through lower costs, improved quality, and better access. Leavitt Equity Partners typically invests in minority positions and seeks to add value to portfolio companies through its expertise and strategic guidance.

Burns & Associates

Acquisition in 2020
Burns & Associates is a healthcare consulting firm that specializes in assisting state governments with various aspects of healthcare policy and program management. The firm offers expertise in policy analysis, financial modeling, rate setting, program design, implementation, and evaluation. Additionally, Burns & Associates focuses on stakeholder engagement and provides tailored solutions for healthcare financing and payment reform. By working closely with states, the firm aims to enhance the financing and delivery of healthcare and human services across the nation.
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