CHICAGO (Nov. 28, 2018) – Crowe LLP (Crowe) has signed an agreement to buy Asset Optimization Group, LLC (AOG) from Hylant Group, Inc. AOG is a healthcare technology and consulting firm specializing in a data-driven approach to asset management. The transaction has an expected completion date of Dec. 1, 2018. Crowe is a public accounting, consulting and technology firm with offices around the world.
The AOG platform integrates with healthcare systems’ existing data systems to provide extensive asset management services for revenue-generating assets and related equipment. By capturing and organizing millions of data points, the system generates relevant and actionable data analytics that allow health systems to alter strategy, tactics and cost structure to enhance performance.
Based in Toledo, Ohio, the AOG team brings deeply specialized knowledge and experience in the healthcare space. As part of the transaction, one principal will join Crowe. Financial terms were not disclosed.
“We are thrilled to welcome the talent and experience of AOG personnel to Crowe,” said Brian Sanderson, managing principal, Crowe healthcare services. “At Crowe, we’ve seen the power that data-driven analytics can provide to hospitals and health systems, so this will help expand our capabilities to help healthcare clients to further understand, explain and improve margins.”
“By integrating the AOG technology platform, analytics and methodologies into the Crowe suite of technology solutions, we fully expect to create the healthcare industry’s most comprehensive data-driven improvement solution,” said Andy Suhy, AOG founder and president. “We are excited to be joining a very talented Crowe team, and we look forward to continuing to develop innovative ideas that help hospitals and health systems create sustainable value.”
For more information on Crowe healthcare services, visit Crowe healthcare.
Crowe LLP (www.crowe.com) is a public accounting, consulting and technology firm with offices around the world. Crowe uses its deep industry expertise to provide audit services to public and private entities. The firm and its subsidiaries also help clients make smart decisions that lead to lasting value with its tax, advisory, risk and performance services. Crowe is recognized by many organizations as one of the best places to work in the U.S. As an independent member of Crowe Global, one of the largest global accounting networks in the world, Crowe serves clients worldwide. The network consists of more than 200 independent accounting and advisory services firms in more than 130 countries around the world.