Chartis
A healthcare-only consulting firm of about 1,450 people, advising hospitals, health plans and investors. Blackstone has owned a majority since 2024; most roles are remote, but client travel is real.
Chartis, Aug 14, 2024 and Sep 18, 2026- Owner
- Blackstone (majority) through its long-hold core private equity fund since Sep 2024; Audax kept a stake.
- Valuation
- About $1.4B (reported) including debt, per unnamed people cited by Bloomberg; terms were not disclosed.
- Size
- 1,450 professionals working with more than 1,900 organizations a year, up from over 1,000 staff in Feb 2024.
- Watch
- Remote, with travel 31 of 32 postings are remote, yet several say 25% to 50% client travel.
- AI
- Leap AI Studio bought Leap AI in Mar 2026 to build AI tools and agents for health system clients.
- Liquidity
- None reported private equity owned; no staff tender or share program found in public sources.
- Hiring
- 39 → 33 remote listings since Oct 10.
Fees for advice and hands-on project work, all in US healthcare.
Chartis sells consulting engagements to health systems, academic medical centers, children's and rural hospitals, health plans, tech firms and private equity investors. Work spans strategy, M&A, revenue cycle, Epic and other technology projects, cybersecurity, clinical quality, oncology and AI. Sister brands Greeley (clinical quality and medical staff), HealthScape (payers) and Jarrard (communications) sell under their own names. It does not publish revenue.
chartis.com/llms.txt, checked Nov 3, 2026- 1Top client ratings in healthcare IT servicesNamed 2026 Overall Best in KLAS IT Services Firm for a second year, plus two segment wins. It held the overall management consulting title from 2021 to 2025.KLAS Research, Feb 4, 2026
- 2Breadth built by acquisitionSeven add-ons from 2019 to Aug 2024, then Healthlink (IT) and Leap AI. They include Greeley (clinical quality), Jarrard (communications) and HealthScape (payers).Chartis releases, 2019 to 2026
- 3Healthcare only, 25 years inFounded in 2001 and still led by co-founder Ken Graboys as CEO. It says it serves more than 1,900 organizations a year.Chartis, Sep 18, 2026; Audax, May 2019
Every round, and what its terms give away.
Chartis is private, so there is no share price. What its investors paid, and on what terms, is the closest thing to one.
- $1.40B
- latest valuation, Majority buyout (Blackstone) Sep 17
- 1,450
- employees, as reported
- Sep 17Majority buyout (Blackstone)at $1.40BLed by Blackstone core private equityAnnounced Aug 14, closed Sep 17, 2024. Valuation is reported (unnamed sources), about $1.4B including debt. Audax rolled part of its stake.Latham & Watkins, Sep 2024; Chartis, Aug 14, 2024; Digital Health News
- Sep 17Private credit debtLed by Private credit funds (not named)Debt used to fund the Blackstone deal. Amount not disclosed.Latham & Watkins, Sep 2024
- May 3Recapitalization (Audax)Led by Audax Private EquityBought out RLH; management kept a significant stake. Date is RLH's sale post. Terms not disclosed.RLH Equity Partners, May 3, 2019; Audax, May 2019
- Dec 7Private equity investment (RLH)Led by RLH Equity PartnersFirst outside investor. Terms not disclosed; RLH says the firm grew more than three-fold under its ownership.Chartis release via PR Newswire, Dec 7, 2012
- Down round or flat round?No deal price has been disclosed. The only figure is a reported $1.4B including debt in 2024, with nothing earlier to compare.Digital Health News, citing BloombergOpen
- How much of the company the last deal soldControl changed hands: Blackstone took a majority. The exact share and what management kept are not disclosed.Chartis, Aug 14, 2024Flag
- Time since the last dealAbout two years since the Sep 2024 close. Blackstone's core strategy holds companies longer than usual buyouts, so a near-term sale is not implied.Latham & Watkins, Sep 2024Clear
- Debt or unusual termsThe buyout was partly funded with private credit debt; the amount and interest are not public. Typical for a buyout, but the firm carries that debt.Latham & Watkins, Sep 2024Flag
- Who led the last dealA new outside owner, Blackstone, with Audax staying on as a smaller holder.Chartis, Aug 14, 2024Clear
- Can staff sell shares?No tender offer or staff equity program found. Ask any offer whether equity or profit units are included and when they pay out.Chartis news, checked Nov 3, 2026Open
- Layoffs in the last 12 monthsNone found in news or company posts. Chartis said it had 1,450 professionals in Sep 2026 and promoted 14 leaders in Jul 2026.Chartis, Sep 18, 2026; searched Nov 3, 2026Clear
Clear: checked, nothing found. Flag: found, with the source. Open: could not be checked.
No filing reported; majority owned by Blackstone funds, with Audax holding a stake
What the record says, and what we think it means.
The fact is the source's. The read, in italics, is ours.
- 01Good
A long-hold owner.
Chartis, Aug 14, 2024; Latham & WatkinsBlackstone invested through its core private equity strategy, which Chartis says holds businesses longer than traditional private equity. The deal closed Sep 17, 2024.
Less pressure for a quick resale than a typical buyout, but owners still expect growth and a later exit.
- 02Watch
Bought partly with debt.
Latham & Watkins, Sep 2024Private credit funds lent money to finance Blackstone's purchase. Neither the loan size nor the rate is public.
Buyout debt is common, but interest costs can squeeze budgets for bonuses and hiring if client demand softens.
- 03Neutral
Valued near $1.4B, reported.
Digital Health News, citing BloombergBloomberg, citing unnamed people, said the deal could value Chartis at about $1.4B including debt. Chartis did not disclose terms.
An unconfirmed number. It tells you scale, not what any staff equity is worth.
- 04Neutral
Buys a firm most years.
Chartis releases, 2022 to 2026Healthlink Advisors (60+ staff) in Oct 2025, Leap AI in Mar 2026, HealthScape (160 staff) in Feb 2024, Chi-Matic in 2023 and crankfrog in 2022.
Growth leans on deals. Newcomers often keep a brand for a while, then fold into Chartis, as Healthlink will.
- 05Watch
Lost the KLAS consulting crown.
KLAS Research, Feb 4, 2026Impact Advisors was the 2026 Overall Healthcare Management Consulting Firm, ending Chartis's run from 2021 to 2025. Chartis won Overall IT Services instead.
Still top rated by clients, but rivals are closing in on its core consulting badge.
- 06Watch
Remote, but on the road.
Chartis Ashby postings, checked Nov 3, 202631 of 32 open roles are listed as remote. Engagement manager and solution architect postings say 25% to 50% client travel; others say travel varies by engagement.
Remote means no home office, not no travel. Ask the expected travel for your team before accepting.
- 07Good
Most postings show pay.
Chartis Ashby board, checked Nov 3, 202626 of 32 postings list a range, from $86,000 to $104,000 for an analyst to $250,000 to $350,000 for a partner, plus a possible discretionary bonus.
Posted pay lets you benchmark before the first call.
- 08Good
An eleventh Best Places to Work.
Chartis, Sep 18, 2026Modern Healthcare named Chartis a Best Place to Work in Healthcare for the eleventh time in Sep 2026; it has made the list every year it entered.
Based on an employee survey. A useful sign, but not a substitute for asking current staff.
- 09Neutral
New product and AI leadership.
Chartis, Jan 21, 2026Sara Vaezy joined as Chief Product and Technology Officer in Jan 2026 after leading AI at Providence. Tom Kiesau is Chief AI and Digital Officer.
Points to a push to sell products and AI builds, not only advice.
Other is paid 47% over market. Engineering, 10% over.
We save every company's roles, pay by team and level, AI share and churn every day, so each month this page can say more. Sparklines use their own scale.
Can AI agents do business with Chartis?
We checked the agent payment programs, developer docs and site rules an AI assistant would meet.
Readable by AI, not callable. llms.txt and open robots rules; no API or MCP server for agents.
Still Remote read- YesSite file AI tools can readchartis.com/llms.txt exists (about 7,000 characters): legal entity, sister brands and areas of expertise.checked Nov 3, 2026
- YesLets AI crawlers read its siterobots.txt explicitly allows GPTBot, ClaudeBot, PerplexityBot, CCBot, Amazonbot and others, plus Google-Extended and Applebot-Extended. It blocks yaanibot.checked Nov 3, 2026
- Not foundAn MCP server or API agents can callNone found. Chartis sells services, not software agents can transact with.chartis.com, checked Nov 3, 2026
- YesBuilds agents for clientsChartis Leap AI Studio does AI prototyping, agent development and safe testing of use cases for health systems.Chartis AI centers page, checked Nov 3, 2026
- AnnouncedOwn data platform for AI workChartis Synapse combines proprietary data and intelligence assets to power analytics, workflow products and scenario planning. No public access.Chartis AI centers page, checked Nov 3, 2026
Where Chartis puts AI to work.
- 1Bought an AI builderLeap AI, founded in 2023, joined in Mar 2026 as Chartis Leap AI Studio inside the Center for AI and Digital Transformation, led by Chief AI and Digital Officer Tom Kiesau.Chartis, Mar 19, 2026
- 2Hired a health system AI chiefSara Vaezy ran AI strategy, governance and product development at Providence before joining as Chief Product and Technology Officer in Jan 2026.Chartis, Jan 21, 2026
As many listings as on Sep 7, led by other.
What has to be true for $1.4 billion to hold?
Chartis does not publish revenue, so the starting number is your assumption, not ours. A way to think, not a forecast, and not investment advice.
At 25x, Chartis needs $56 million of revenue to be worth $1.4 billion. Your world gets there with $110 million, so the next round likely prices above the last.
$100,000 of equity valued at the $1.40B Majority buyout (Blackstone) price would be worth about $196,000 on paper in this world, before dilution from new rounds, taxes and vesting. Private shares only turn into cash at a sale, an IPO or a tender offer.
A way to think, not a forecast, and not investment advice.
Latham & Watkins, Sep 2024; Digital Health News (reported valuation)The signals, and which way they push.
- TailwindHealth systems want AI help.
Chartis's Aug 2026 report says leading systems already use agentic AI to cut costs, and it bought Leap AI and Healthlink to sell that work.
- HeadwindClients face shrinking margins.
Chartis projects the median nonprofit health system's operating margin falls from +1.5% to -9.6% by 2035 in a business-as-usual case.
- TailwindPrivate money keeps flowing into care.
The same report cites unprecedented private capital in healthcare; Chartis runs a private equity advisory practice and has open private equity roles.
- HeadwindRivals are winning client ratings.
Impact Advisors took the 2026 overall KLAS management consulting award that Chartis had held five years running.
Where Chartis ends up, if we had to bet.
Our calls, not facts. Each one is tied to something that already happened, so you can judge the reasoning.
- 1
Blackstone still controls Chartis in 2031.
Coin flip 50%OwnershipIt bought in 2024 through a strategy built for longer holds. But earlier owners RLH and Audax each sold after about six to seven years.
Chartis, Aug 2024; RLH, May 2019 - 2
Chartis lists its shares on a stock exchange by 2033.
Long shot 16%IPOConsulting firms of this size usually change hands between private owners. No filing or plan has been reported.
Chartis news, checked Nov 3, 2026 - 3
Chartis buys at least three more firms by 2031.
Likely 72%M&AIt added firms in 2022, 2023, 2024, 2025 and 2026. Blackstone said the money would help expand the family of companies.
Chartis releases, 2022 to 2026 - 4
AI builds and products become a named, major revenue line by 2031.
Coin flip 50%AIIt now has a Chief Product and Technology Officer, Leap AI Studio and the Synapse platform. It has published no revenue split to show how big they are.
Chartis, Jan to Mar 2026 - 5
Chartis wins back the overall KLAS management consulting title by 2030.
Coin flip 50%CompetitionIt held it from 2021 to 2025 and still wins IT Services. Impact Advisors and others are now rated as highly.
KLAS Research, Feb 4, 2026
Read by the Still Remote research agent on November 3, 2026 from the sources linked on this page. Facts and scenarios only, not investment advice.