Huron acquires AXIOM's payor consulting division to expand healthcare

CHICAGO - Professional services firm Huron (NASDAQ:HURN) announced Tuesday it has acquired the payor consulting services division of AXIOM Systems, a healthcare information technology firm specializing in core administration systems and digital transformation. The move comes as Huron, with a market capitalization of $2.65 billion, continues to expand its healthcare services portfolio amid strong financial performance, having delivered a 40.19% return to investors over the past year.

The acquisition brings approximately 40 AXIOM team members to Huron and expands the company's capabilities in the healthcare payor ecosystem. Financial terms of the transaction were not disclosed.

AXIOM's division provides specialized technology, data and analytics capabilities that support payor operations, including claims administration, data transformation and systems integration. The team brings expertise in implementing and optimizing payor core administration processing systems, including commercially available products such as TriZetto's Facets, QNXT, and HealthEdge solutions.

"The AXIOM team brings specialized capabilities that strengthen our position in the payor market and accelerate the growth of our digital offerings," said Mark Hussey, chief executive officer and president of Huron, according to the press release.

Paul Lythcke, Executive Vice President at AXIOM Systems, stated that joining Huron would enable the team to "bring an even greater portfolio of tech-enabled solutions to market across the healthcare continuum."

The acquired division will be included in Huron's Healthcare operating segment for reporting purposes. The company indicated the move supports its strategy to better serve healthcare clients seeking to modernize claims platforms and leverage connected data to improve operational performance and member outcomes.

Huron is a global professional services firm that collaborates with organizations on strategy development, operations optimization and digital transformation initiatives.

In other recent news, Huron Consulting Group Inc. reported its third-quarter 2025 earnings, surpassing analyst expectations. The company achieved an adjusted earnings per share (EPS) of $2.10, exceeding the forecasted $1.88. Additionally, Huron's revenue reached $432.4 million, outpacing the anticipated $418.13 million. These results highlight a strong performance for the quarter. Despite the positive earnings and revenue figures, Huron's stock experienced a slight decline in after-hours trading. Investors may find the earnings and revenue results significant as they reflect the company's financial health. These developments are part of recent activities surrounding Huron Consulting Group Inc.

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