Lansing’s Health Management Associates acquires Wakely Consulting Group
Health Management Associates in Lansing acquired Wakely Consulting Group, which has seven offices in six states. Terms of the transaction were not disclosed.
Wakely, which operates in Atlanta, Minneapolis, New York, Phoenix, Tampa and two locations in Denver, is a healthcare actuarial consulting firm. Its actuaries have experience in all facets of the healthcare industry, from payers to providers and government agencies.
Their expertise covers Medicare Advantage, Medicaid managed care, risk adjustment and pricing, in addition to market analysis, forecasting and strategy development.
“Wakely is widely recognized for its exceptional actuarial expertise in healthcare, providing clients with essential information and tools to better understand their business and the environment in which they operate,” said Jay Rosen, Founder, President and co-chair of Health Management Associates. . “Such services are an essential element for the lasting success of any organization.
Formerly the actuarial component of a larger Wakely organization, Wakely Consulting Group was founded in 1999. In 2017, Wakely Consulting Group obtained its certification as a business enterprise for women.
“We are delighted to partner with the HMA team,” says Julia Lambert, President of Wakely. “It is clear that HMA is attracting the best experts in the country and that they have built a preeminent consulting firm. I am convinced that the combined companies will create more opportunities for our actuaries and consultants, which has been the key to Wakely’s success so far.
“Over the years, Wakely consultants have worked closely with HMA to navigate the changing healthcare landscape. I look forward to the new solutions, extended services and deeper expertise that the combined companies will be able to provide to our customers and to the industry.
Wakely will operate as Wakely Consulting Group, an HMA company.