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.”