Huron revises segment data to show revenue by employee type; hires ~300 in Healthcare Managed Services

Huron Consulting Group Inc.

Change disaggregates revenue by billable consultants, FTEs, and Healthcare Managed Services employees; no impact on total revenues or segment totals.
Healthcare segment hired ~300 employees in Healthcare Managed Services solution in Q2 2021, boosting average employees to 431 from 94 a year ago.
Healthcare Managed Services revenue rose to $14.0M in Q2 2021 from $7.3M in Q2 2020; total revenues for H1 2021 were $21.8M.
Q2 2021 billable consultant utilization improved to 73.3% (vs 72.4% YoY), average billing rate $206 (vs $200 YoY), revenue per consultant $69K (vs $68K).
Historical data from 2019 onward revised to show new operating metrics by employee type across Healthcare, Business Advisory, and Education segments.

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