AArete marks 15th anniversary

12 April 2023 Consulting.us

AArete, a Chicago-headquartered management and technology consulting firm, celebrated its 15th anniversary on April 7, 2023.

Founded amid the global financial crisis in 2008, AArete started out delivering advice on business performance issues and cost reduction to healthcare payer clients. The firm’s healthcare practice has now served more than 120 health plans in all US markets and lines of business, providing solutions to improve profitability, operational efficiency, and quality of care.

AArete today also works with clients in education, financial services, and the public sector – advising on strategy, profitability improvement, data and analytics, and technology. The firm says it has a digital-first mindset and a data-driven approach, deploying an in-house data science team alongside its consultants.

The firm bolstered its technology capabilities with the 2019 acquisition of Third I and the 2020 acquisition of Dsquaredi. AArete has approximately 500 people across nine offices in the US, UK, and India.

AArete marks 15th anniversary

“AArete’s 15th anniversary is an opportunity for me to thank our global, customer-centric team – and AArete alumni – who’ve always delivered results for our clients,” said CEO Loren Trimble, who has led the firm since its inception. “In this era of big data, where organizations are struggling to turn numbers into actionable insights, clients trust AArete because we have the experts and the market intelligence to drive purposeful change.”

Before AArete, Trimble spent six years at Huron, a management consultancy focusing on public sector, education, and health clients, where he led the firm’s strategic sourcing practice. Prior to that, he spent 16 years at Arthur Andersen, where he was a partner.

“It’s incredibly humbling to have been a part of the AArete team as we’ve evolved and grown with market needs, providing sustainable solutions to the largest challenges facing businesses today,” added Trimble. “While our core value of excellence is our true north, our team has remained nimble and future-focused to navigate through the next 15 years of business evolution and continual innovation.”