As the pace of technological advancement progresses, organizations—globally and across all industries—find themselves face-to-face with a new level of digital evolution each year. For larger organizations, adopting and profiting from the latest innovations proves to be more convenient than for other smaller companies for any given industry. To stay competitive in their respective marketplace, enterprises need to leverage external sources of expertise to successfully remain relevant; and the realm of healthcare is no stranger to this situation.
The healthcare industry is witnessing a substantial growth in terms of digitalization. While improving patient care is the prime objective, a healthcare facility is also a business organization and its growth is vital. Fortunately, a better health infrastructure directly results in overall development in a health system. To this end, healthcare organizations require consulting firms to help understand new trends in the industry and implement modern age technological solutions effectively with minimal downtime. Ranging from telehealth, outpatient, and laboratory services to contact research organizations, there are numerous facets of this healthcare business that a health systems must regulate and manage—including the employment of new technologies in EHR systems, wearable devices, remote patient monitoring software, and adjacent medical devices. A healthcare organization’s C-suite executives can render the services of specialized consulting firms to delegate, streamline, and better manage business aspects of healthcare and continue focusing on improved patient care. Additionally, with the recent trend of incorporating Agile, health systems are now being empowered to develop new products and service patients better.
That being said, healthcare consulting firms also help in ramping up revenue enhancement, compliance, outpatient billing, medical coding, insurance and claims management, health IT (HIT), and HR services as well. From large hospitals, single-specialty, and primary care clinics to medical equipment manufacturers and leading business groups, consulting firms focus on improving the overall performance of a healthcare organization. Additionally, these companies offer their services via professionals that have a comprehensive understanding of the industry—academically, economically, and professionally. This ensures that their business intelligence, market research, consumer insight, quality assurance, and digital transformation strategies are effective. Moreover, healthcare consulting firms help health systems streamline their workflows efficiently and cost-effectively. The collective goal for all parties involved in the healthcare ecosystem is to deliver better value for patients, drive innovation, and simplify all processes along the way.
At the helm of these trends, a distinguished panel comprising CEOs, CIOs, VCs, analysts, and the Enterprise Services Outlook’s editorial board has reviewed the top consulting firms in the healthcare services domain. In our selection process, we looked at each of the vendor’s capability to fulfill the need for cost-effective and flexible consultation services in managing healthcare and improving patient care today. The following shortlisted companies are at the forefront of tackling the challenges associated with the healthcare industry by catering to the needs of the enterprise buyers and assist them with outsourcing, clinical trials, and other holistic consulting services.
We present to you Enterprise Services Outlook’s “Top 10 Healthcare Consulting Firms – 2019.”
Managing consultancies firm, Boston Consultancy Group (BCG), who partner with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG helps clients with total transformation—inspiring complex change, enabling organizations to grow, building competitive advantage, and driving bottom-line impact. BCG delivers solutions through leading-edge management consulting along with technology and design, corporate and digital ventures—and business purpose. It specializes in consumer insight, corporate development, corporate finance, digital economy, globalization, growth, and information technology
RelateCare is a healthcare communications consultancy and outsourcing organization that provides patient access and patient engagement solutions to leading healthcare organizations around the world. RelateCare is uniquely positioned to advise and support healthcare organizations seeking to optimize their patient access, appointment scheduling, telehealth, and contact center models through a range of innovative consultancy and outsourcing solutions.This organization also specializes in Healthcare Contact Center Design and Outsourcing, Workforce Optimization, Centralized Appointment Scheduling, and Patient Access Strategies
A leading consultancy firm, TechLeaders Consulting (TLC) offers full service solutions for meaningful use, practice transformation, credentialing services, project management, and HIPPA security compliance for clinics, doctors, nurses and other medical practitioners. It provides a full suite of consulting services for Healthcare providers to meet the challenges of the current transformation of the Healthcare Industry. TLC also provides solutions in the areas of Meaningful Use (MU), Practice Transformation, Health Information Technology (HIT), Grant Composition and Training Services. TechLeaders Consulting is a leader in enabling healthcare practices, clinics and agencies to achieve Meaningful Use (MU)
Since its inception, TTG Healthcare Advisors’ mission has been to empower physicians with the strategic and operational insights they need to stay independent, improve profits, and grow. In pursuit of that, they’ve a comprehensive menu of services that range from day-to-day practice management support to larger, strategic initiatives related to office expansions and mergers. In addition, it specializes in Healthcare Consulting, Financial Analysis, Practice Management, Contract Negotiation, Credentialing, Operational Consulting, and Human Resources. Based in Chandler, Arizona, they work with clients nationally
A global strategy consulting firm serving the life science sector. The firm combines international industry knowledge and deep scientific expertise across a range of therapeutic areas with an extensive network of external stakeholders to deliver practical and actionable recommendations to its clients’ most complex challenges. The firm’s projects include cross-functional support at the corporate, franchise, and product levels for pharmaceutical, biotech, medical device, and diagnostics companies worldwide. They take pride in deploying high caliber consulting teams from our Boston and New York offices that can provide the best support available on issues that require strategic capabilities and deep content expertise within life sciences
A national healthcare advisory firm that works with hospitals and physician groups to develop customized solutions that have impact on their bottom line. The firm’s advisors have the experience and creativity to find the right solution for their clients in healthcare market. Coker Group functions on the understanding of the business of healthcare and their advice leads to real financial and operational impact. Their experienced advisors start by observing and listening to the client and their unique circumstances in order to hand-craft a solution
A leading healthcare corporation headquartered in New York, New York, COPE Health Solutions brings together an army of talented veterans from the health care sector across the country. The company aims to develop integrated health care delivery networks and to train and grow the health workforce needed to support these networks. Bringing together the best qualities of consulting firms, research organizations, and operational expertise, COPE Health Solutions overcomes internal and external barriers to change and implement lasting solutions. The experienced program teams leverage the core competencies and unique strengths of the client and community to design, implement and manage sustainable solutions
An international law firm that serves as a trusted legal advisor and valued business partner to its clients since 1912. With locations across the United States as well as Canada, Europe and Asia, Dorsey provides an integrated, proactive approach to its clients' legal and business needs. The enterprise represents a number of the world's most successful companies from a wide range of industries, including leaders in the health care and life sciences industries. Dorsey’s diverse client base includes more than one-third of the fortune 100 companies
Provides consultancies as well as analytics and technology solutions to specialty health organizations, and healthcare investors throughout the country. Their solutions harness predictive analytics, data science, and interoperability to help our clients gain a competitive edge in today’s healthcare market, while maintaining compliance with changing regulatory requirements. They specialize in Business Intelligence Solutions, Growth and New Business Development, Business Performance Improvement, Mergers and Acquisitions, Compliance and Investigations, and Revenue Management
A comprehensive advisory and analytics services firm dedicated to the healthcare industry. With an unparalleled depth of expertise in strategic planning, performance excellence, informatics and technology, and health analytics, The Chartis Group helps leading academic medical centers, integrated delivery networks, children's hospitals, and healthcare service organizations achieve transformative results. The Chartis Group is comprised of uniquely experienced senior healthcare professionals and consultants who apply a distinctive knowledge of healthcare economics, markets, clinical models, and technology to help each client address their most pressing issues. The company’s mission is to materially improve the delivery of healthcare in the world