Chartis Announces Majority Investment from Blackstone to Advance Mission of Healthcare Transformation Page 1

Chartis, a leading healthcare advisory firm, today announced that it has entered into a definitive agreement to receive a majority investment from funds managed by Blackstone (“Blackstone”). This strategic investment will support the firm’s continued growth as a leading advisor to providers, payers, technology innovators, retailers and investors driving positive and transformative change within the U.S. healthcare system. The investment includes continued equity participation from Audax Private Equity (“Audax”).

Blackstone is investing in Chartis through its core private equity strategy, which partners with high-quality, leading companies for longer periods than traditional private equity. The investment enables Chartis to further expand its capabilities across its strategic, digital and technology, clinical and financial transformation offerings for healthcare clients. This financing is also expected to help expand the full Chartis family of companies, which currently includes HealthScape Advisors, Jarrard and Greeley.