Ejaz Elahi

Managing Director

Chicago - National Office



Executive Summary

Ejaz Elahi is a Managing Director in BDO’s Center for Healthcare Excellence & Innovation and focuses on front-end growth strategy and sustainability solutions for providers and payers in the context of the rapidly evolving healthcare landscape driven by the shift to value-based care. 
With more than 20 years of investment banking and strategic advisory experience, Ejaz has been involved in a variety of transactions involving hospitals, ambulatory care providers, ancillary services providers, post-acute providers and physician practices.  Ejaz’s experience spans the full spectrum of the M&A life cycle, from transaction synthesis to post-transaction integration, and he has been involved in large multi-hospital transactions such as the sale of the 14-hospital Health Midwest system to HCA, and complex situations such as the restructuring and subsequent sale of Medical Resources, Inc., a 10-state outpatient diagnostic imaging provider.  Ejaz has specialized expertise in advising multi-site outpatient and retail healthcare providers such as ASCs and pharmacies, and advised Aurora Health in its exploration of a sale/carve-out of its institutional pharmacy and 60-site retail pharmacy chain and advised the Carle Foundation in the sale of its 10-site retail pharmacy chain.  In addition, Ejaz has expertise in situations involving physician ownership and engagement, as well as in market-specific reimbursement matters.
Ejaz began his advisory career with Citicorp and Salomon Smith Barney where he focused on highly regulated industries, and for the last 17 years has been exclusively focused on healthcare.  Prior to BDO, Ejaz held leadership roles at Deloitte and PwC.  Ejaz is a licensed investment banker (FINRA Series 7, 79 and 63).


MBA, Strategy and Finance, University of Chicago Booth School of Business
MS, Computer Science, Illinois Institute of Technology
BS, Electrical and Computer Engineering, University of Wisconsin—Madison