Oct 21, 2011
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From 10 rejections to 1 dream investment banking internship
“... I believe it was the single biggest reason why I ended up with an offer...”
I'm not in consulting, but I have a decent amount of tangental experience. Depending on your questions I may be able to help.
I do. You can PM me. Not sure what your specific interest is, but there are some pretty big variances between issues on the provider side, vs issues on the payer side, vs issues @ pharmas so I'd hesitate to lump anything into "healthcare consulting".
I've done a lot of healthcare work. Also started and sold a medical device company.
Feel free to email me.
Care to share details (name) of the device company? I'd be very interested to hear about it.
If you don't want to share publicly, I'd love to hear via PM.
Anybody know about salaries ranges for healthcare consultants at Deloitte or PwC? They target MHA/MPH students who are typically hired in at a level before senior consultant/new MBA grad.
So how much would a Consultant-level hire be paid? I know it should be somewhere between the $65-70K that is paid for a BA in S&O and the 120K for a MBA in S&O, but would it be closer to the 70K or perhaps slightly under/above 100K? This would be for top MHA/MPH programs such at Michigan, Hopkins, Columbia, UCLA, Cornell, Berkeley, & NYU.
Also how much does salary vary among location? For example, I would rather take 80K in ATL than 100K in LA.
Thanks fellas, PMs sent.
Happy to answer questions as well (I do mostly commercial-focused work with biopharma, and I don't work with providers or payers).
.
I am interested in knowing if anyone has any info on Huron Consulting's Healthcare practice or Epic Project Manager/Implementation--I have offers with both...
I interviewed for both positions, so I can lend some insight.
Epic, in Madison, WI makes and implements healthcare IT. As a project manager, you travel to different sites across the country where the IT systems have been sold to clients, and you help with the 'soft' side of the implementation. Which means doing analysis about how best the hospital/hc facility can take advantage of the software, what they should be doing, etc...... You stay at one site for a couple months, then move on.
Huron Consulting Group's healthcare practice, formerly known as Wellspring/Stockamp (you should know Huron started in 2002 by some former Arthur Anderson folk), has grown substantially by acquisition. Wellspring/Stockamp were two healthcare consulting businesses that did hospital consulting.
Basically, what you're doing is setting up shop in a hospital (fly in mon-fri, fly home for the weekends if desired), and working with hospital staff to design and implement operational improvements (staffing, IT, billing, accounts payable, etc...). The process starts with meeting with the staff and drawing out their current process, then cutting non-value added activities to save time and money. in addition, Wellspring/Stockamp implements measuring devices that make sure that staff perform according to certain metrics, and throughout the often 3-6 month engagement, monitor activity and act accordingly if something goes off plan.
If you're looking for consulting, both are heavy on operations and light on strategy, but that's what you get when you're looking at consulting firms outside of the top 15. (Some don't consider PM at Epic to be consulting at all, and I'd agree with them).
PM me if you have questions, Smith.
Epic is the largest EHR for providers in the country. That said if you want to get into tech consulting w healthcare focus then goto Epic. It is not mgmt conuslting, it's tech consulting, think Accenture/CSC, etc.
If you want to strategy/mgmt consulting/operations then goto the likes of huron, navigant, Deloitte/etc and then of course the more higher level strategy MBB.
i recently accepted an offer at Big D in their Governance, regulatory & risk strategies life sciences and healthcare practice (is under ERS arm), as an "experience" hire! the pay is in the low 70K. I tried to negotiate for more..but they said based on my experience i fit around this range. I think i got low balled b/c i am coming from a non-profit academia center, with 0% bonus and an exciting 2% raise. I took the offer b/c i want to break into the Consultant world and big D is a respectable firm! Anyone else is this group willing to network?
FYI, i am coming from 4.5 yrs of clinical experience (at clinical research firm and top tier cancer center in NYC) worked w/ pharma and biotech clients on global projects in EU, Asia-Pacific and S. America. I hold a BS & MS (life sciences degree, aka non-target).
Based on the information you provided,
You did a good job in making yourself sound like you did well out of college but for anyone in the industry, they know that you worked at a CRO for a couple of years and that's it.
Every project anyone does at a CRO is going to be global and is going to involve MSK
I agree that with your experience, it is a fair fit.
I am surprised you know the CRO acronym stands for! would you be able to share some insights, in terms of career mobility within big D?
You're within ERS.... I don't think that is what is traditionally regarded as "consulting" around these parts. Otherwise any contractor is basically a consultant - including consulting physicians.
any update on this thread? did you find out anymore on salary progression with MHA consulting?
any update on this thread? did you find out anymore on salary progression with MHA consulting?
Received an offer from Deloitte S&O for their MHA Consultant position - it does pay around 120K for entry level consultant and seems like raises from there on out are minimal - maybe close to 130-140K for Senior Consultant after a couple of years. This is just speculation based on my contacts at the firm, I could be wrong.
that is a shit ton, which MHA program? Michigan, Hopkins, UNC, NYU, Emory?
Don't want to give away too much info, but it's one of the programs you mentioned. Feel free to pm me if you have more q's, @MHA5746.
Don't want to give away too much info, but it's one of the programs you mentioned. Feel free to pm me if you have more q's, @"MHA5746"
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