Ziegler Announces Creation of Healthcare Advisory Committee

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Ziegler, a specialty healthcare investment bank and broker-dealer, has announced the formation of the Ziegler Healthcare Advisory Committee (ZHAC), an independent group of industry experts, who will play a key role in advancing the firm's growth strategies and diverse practice areas within the broad healthcare services and IT sectors.

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“Ziegler’s new advisory committee will serve as a think tank of sorts for our practice leaders, helping us continue to innovate and refine our services,” said Tom Paprocki, CEO of Ziegler.

Ziegler, a specialty healthcare investment bank and broker-dealer, has announced the formation of the Ziegler Healthcare Advisory Committee (ZHAC), an independent group of industry experts, who will play a key role in advancing the firm's growth strategies and diverse practice areas within the broad healthcare services and IT sectors.

“Our wide range of healthcare-related practice areas – from hospitals and physician groups, to managed-care companies and healthcare technology platforms – provides us with expertise throughout the spectrum of care, allowing us to offer a holistic approach that adds tremendous value for our clients,” said Tom Paprocki, CEO of Ziegler. “With the rapid changes we continue to see from the healthcare industry, Ziegler’s new advisory committee will serve as a think tank of sorts for our practice leaders, helping us continue to innovate and refine our services.”

The new ZHAC consists of five healthcare services and technology experts, who are tasked with offering ideas and challenging assumptions to advance Ziegler’s growth initiatives and prioritization of capital allocation. Each of the ZHAC members brings extensive industry knowledge and far-reaching networks that will help Ziegler connect the dots in the rapidly changing healthcare environment. The founding ZHAC members include:

  • Thomas P. McDonough, former President of Coventry Health Care and a founding partner of Guidon Partners, a private equity fund focused on healthcare
  • Kenneth W. O’Keefe, managing partner and founding principal of Beecken Petty O’Keefe & Company
  • Richard K. Reiner, former executive vice president of Adventist Health System and former president and CEO of the Adventist Health System Multi-State Division
  • Randy Richardson, president of Vi, an operator of senior living communities
  • Trenor Williams, M.D., managing partner of Clinovations (The Advisory Board Company)

The current committee members are representative of Ziegler’s broad healthcare practices. Moving forward, Ziegler hopes to expand upon this committee to include experts that represent Ziegler’s other practice lines. The ZHAC plans to meet on a quarterly basis.

Ziegler continues to be a leading investment bank across all healthcare service sectors and healthcare IT. In addition, Ziegler is ranked number three in healthcare middle market sales for healthcare corporate M&A transactions under $100 million(1) and the fourth-largest lead managing underwriter of healthcare tax-exempt debt issues by Thompson Reuters(2). The firm’s not-for-profit senior living finance team is consistently ranked as the number one practice of its kind(3).

About Ziegler:
The Ziegler Companies, Inc., together with its affiliates (Ziegler), is a privately held, specialty investment bank with unique expertise in complex credit structures and advisory services. Nationally, Ziegler is ranked as one of the leading investment banking firms in its specialty sectors of healthcare, senior living, religion, and education, as well as general municipal and structured finance. Headquartered in Chicago, IL with regional and branch offices throughout the U.S., Ziegler provides its clients with capital raising, corporate finance, FHA/HUD, strategic advisory services and research. Ziegler serves institutional and individual investors through its wealth management and capital markets distribution channels. For more information on Ziegler, please visit: https://www.ziegler.com/.

Certain comments in this news release represent forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995. This client’s experience may not be representative of the experience of other clients, nor is it indicative of future performance or success. The forward-looking statements are subject to a number of risks and uncertainties, in particular, the overall financial health of the securities industry, the strength of the healthcare sector of the U.S. economy and the municipal securities marketplace, the ability of the Company to underwrite and distribute securities, the market value of mutual fund portfolios and separate account portfolios advised by the Company, the volume of sales by its retail brokers, the outcome of pending litigation, and the ability to attract and retain qualified employees.

(1) Thomson Reuters M&A League Tables, 2015 – Number of Closed Healthcare M&A Transactions in the Middle Market.
(2) Based on full credit given to senior manager of lead-managed underwriting principal volume for healthcare transactions completed nationally. Rankings and amounts through Thomson Financial Securities Data as of 6/17/16.
(3) Based on full credit given to senior manager of lead-managed underwriting principal volume for senior living transactions completed nationally. Rankings and amounts through Thomson Financial Securities Data as of 12/31/15.

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Mary Therese Pembroke
Ziegler
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