secwatch.observer — SEC 8-K summary
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Issuer:     Huron Consulting Group Inc. (HURN)
CIK:        0001289848
Form:       8-K
Filed at:   2021-07-29T23:59:59+00:00
Accession:  0001289848-21-000034
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1289848/000128984821000034/0001289848-21-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1289848/000128984821000034/hurn-20210729.htm
  HTML page:      https://secwatch.observer/filing/0001289848-21-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer