Orchestrate Healthcare Acquired By Baker Tilly

The healthcare industry has undergone substantial change in recent years. Many providers are facing increasing pressure to maintain profit margins while moving to a value-based care model in a rapidly changing environment driven by a once-in-a-generation global pandemic. The healthcare consultancy market has seen a similar spate of changes as it evolves to keep pace with the transforming market. As businesses continue to transform and adapt to the new normal, one leading advisory CPA firm has announced the pending acquisition of a healthcare IT professional services and consulting company.

Baker Tilly US, LLP announced the acquisition of Orchestrate Healthcare in early February, with the deal set to close March 1. Founded in 2006, the Florida-headquartered Orchestrate Healthcare specializes in providing systems integration, EHR implementation & optimization, healthcare analytics, information security, and IT staffing services to the healthcare industry. The firm is a multi-year Black Book and Best in KLAS award holder, whose 120-person team will integrate with Baker Tilly’s advisory professionals.

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“We are continuing to invest heavily in the digital space,” said Angela MacPhee, managing partner of consulting at Baker Tilly. “With this combination, Baker Tilly can deliver a holistic approach for healthcare providers so they can administer the best patient care while controlling costs and adopting new business models.”

An increasing number of non-traditional firms are taking advantage of the opportunity to enter into the healthcare consulting space, leveraging existing customer relationships to provide expanded services. Many companies are padding in-house capabilities with talent from acquired companies already well established in the space in order to offer additional tools and expertise. With the healthcare consulting industry set for further growth in 2022, such moves are likely to pay off.

As healthcare companies continue to transform to meet the demands of new markets and new ways of doing business, taking an all-in-one approach to selecting professional and consulting services should provide the best of both worlds: already established high-trust relationships combined with industry-leading digital expertise. This winning combination should help the healthcare industry reduce costs, enjoy competitive advantage, and ultimately provide better health outcomes to patients.