Huron Consulting (HURN) 8-K Results of Operations and Financial Condition

Exhibit 99.1

HURON CONSULTING GROUP INC.

SEGMENT OPERATING DATA

(Unaudited)

	Year Ended			Quarter Ended												Year Ended			Quarter Ended						Six Months Ended
	Dec. 31, 2019			Mar. 31, 2020			Jun. 30, 2020			Sep. 30, 2020			Dec. 31, 2020			Dec. 31, 2020			Mar. 31, 2021			Jun. 30, 2021			Jun. 30, 2021
Number of billable consultants (at period end) (1):
Healthcare	890			892			855			838			820			820			821			779			779
Business Advisory	930			916			943			1,001			1,051			1,051			1,107			1,093			1,093
Education	756			791			780			790			737			737			726			746			746
Total	2,576			2,599			2,578			2,629			2,608			2,608			2,654			2,618			2,618
Average number of billable consultants (for the period) (1):
Healthcare	849			897			876			844			834			863			822			798			808
Business Advisory	892			920			925			976			1,028			962			1,080			1,094			1,087
Education	686			778			787			772			764			775			731			736			734
Total	2,427			2,595			2,588			2,592			2,626			2,600			2,633			2,628			2,629
Billable consultant utilization rate (2):
Healthcare	79.4		%	71.6		%	67.6		%	71.4		%	65.1		%	69.0		%	67.9		%	75.7		%	71.7		%
Business Advisory	72.5		%	71.5		%	75.8		%	72.6		%	71.6		%	72.4		%	68.7		%	70.4		%	69.5		%
Education	76.8		%	76.2		%	73.4		%	66.5		%	66.1		%	70.3		%	70.1		%	75.2		%	72.7		%
Total	76.1		%	72.9		%	72.4		%	70.4		%	68.0		%	70.7		%	68.8		%	73.3		%	71.1		%
Billable consultant average billing rate per hour (3):
Healthcare	$	229		$	215		$	208		$	232		$	261		$	227		$	213		$	251		$	233
Business Advisory	$	201		$	198		$	201		$	186		$	189		$	195		$	203		$	185		$	194
Education	$	199		$	188		$	191		$	184		$	179		$	187		$	174		$	189		$	182
Total	$	211		$	200		$	200		$	200		$	206		$	202		$	198		$	206		$	202
Revenue per billable consultant (in thousands):
Healthcare	$	328		$	69		$	63		$	71		$	69		$	272		$	63		$	84		$	147
Business Advisory	$	273		$	67		$	73		$	64		$	60		$	264		$	63		$	60		$	125
Education	$	285		$	69		$	68		$	57		$	53		$	247		$	59		$	67		$	125
Total	$	296		$	68		$	68		$	64		$	61		$	262		$	62		$	69		$	132

Exhibit 99.1

	Year Ended		Quarter Ended								Year Ended		Quarter Ended				Six Months Ended
	Dec. 31, 2019		Mar. 31, 2020		Jun. 30, 2020		Sep. 30, 2020		Dec. 31, 2020		Dec. 31, 2020		Mar. 31, 2021		Jun. 30, 2021		Jun. 30, 2021
Average number of full-time equivalents (for the period) (4):
Healthcare	230		187		186		191		183		187		149		162		158
Business Advisory	14		20		25		35		40		30		34		55		45
Education	47		60		60		46		40		52		36		40		38
Total	291		267		271		272		263		269		219		257		241
Revenue per full-time equivalent (in thousands):
Healthcare	$	504	$	139	$	123	$	110	$	110	$	481	$	136	$	127	$	257
Business Advisory	$	655	$	149	$	128	$	106	$	94	$	455	$	89	$	88	$	176
Education	$	617	$	144	$	147	$	165	$	170	$	618	$	227	$	214	$	441
Total	$	530	$	141	$	129	$	119	$	117	$	504	$	143	$	132	$	271
Healthcare Managed Services Employees(5)(6):
Total revenues (in thousands)	$	4,453	$	7,784	$	7,285	$	6,423	$	7,171	$	28,663	$	7,748	$	14,049	$	21,797
Average number of Healthcare Managed Services employees (for the period)	14		91		94		88		92		91		109		431		270

(1)Consists of our consulting professionals who provide consulting services and generate revenues based on the number of hours worked.

(2)Utilization rate for our billable consultants is calculated by dividing the number of hours our billable consultants worked on client assignments during a period by the total available working hours for these consultants during the same period, assuming a forty-hour work week, less paid holidays and vacation days.

(3)Average billing rate per hour for our billable consultants is calculated by dividing revenues for a period by the number of hours worked on client assignments during the same period.

(4)Consists of coaches and their support staff within our Culture and Organizational Excellence solution, consultants who work variable schedules as needed by our clients, and full-time employees who provide software support and maintenance services to our clients.

(5)Consists of employees who manage and provide revenue cycle billing, collections, insurance verification and change integrity services to our healthcare clients.

(6)Operating data for the year ended December 31, 2019 includes the results of the Healthcare Managed Services solution since its inception in the fourth quarter of 2019.