Chartis (a leading healthcare advisory firm) announced that it has acquired HealthScape Advisors (a leading healthcare payer consulting firm). Based in Chicago with 160 professionals, HealthScape helps payers across all segments, including commercial, Medicare, Medicaid, ACA, and federal, navigate the evolving healthcare landscape.
The acquisition of HealthScape is Chartis’ next step to meaningfully expand its work in the healthcare payer segment, following the acquisition of crankfrog in 2022. And HealthScape strengthens Chartis’ ability to help payers and providers manage their transformational change agendas in an evolving healthcare ecosystem increasingly defined by payer-provider convergence.
Stern will continue leading HealthScape as it serves the healthcare payer industry under the brand HealthScape, A Chartis Company. And as a testament to the organizations’ common approach and mission-orientation, Chartis and HealthScape have both been recognized as a Best Place to Work by Modern Healthcare for 8 years and 5 years respectively.
Lincoln International LLC served as financial advisor. And Ropes & Gray LLP served as legal counsel to Chartis.
KEY QUOTES:
“The challenges facing healthcare today in enabling affordable coverage, simplifying the consumer experience, and providing equitable access to high-quality care cannot be simply addressed by providers or payers in a silo. Effective insight and guidance on how to address these challenges requires working across the healthcare ecosystem. With the addition of the HealthScape team, we will be able to offer that integrated insight to our clients.”
– Greg Maddrey, President of Chartis
“Our complementary strengths position us as a market leader in advising health plans and, together, we can positively impact how care is delivered. I am deeply thankful to our entire HealthScape team who have worked incredibly hard to help us reach this milestone. I look forward to integrating our firm into Chartis.”
– Kyle Stern, HealthScape’s Managing Director
