Vizient to acquire a minority stake in Madison Dearborn-backed Kaufman, Hall & Associates.

Vizient, a healthcare performance improvement company, agreed to acquire a minority stake in Madison Dearborn Partners-backed Kaufman, Hall & Associates, a strategic advisor for healthcare systems and providers. Financial terms were not disclosed. "We are excited to receive this strategic investment from Vizient, as it opens the door for us to collaborate with Vizient and its members to address our clients' most important strategic, financial, and operational needs. Vizient's deep industry expertise and complementary capabilities create an opportunity for Kaufman Hall to strengthen our offering in strategic planning, financial planning, and performance improvement. With the continued partnership of MDP and with the investment by Vizient, Kaufman Hall will be even better positioned to deliver industry-leading insights and unlock value across the healthcare continuum," Kenneth Kaufman, Kaufman Hall Founder and Chairman.