hey all -- I'm really interested to know what the top HC-focused PE/HF/VC firms are. If anyone can speak to exit opps post-HC IBD, please don't hesitate to share your thoughts here.

Hi Everyone,
I am trying to decide what is my best option.I am an econ/chem senior graduating in May. I was trying to decide if on an internship at a boutique consulting firm (though they do work with some F50 on smaller assignments, more presentation planning) or should I take an internship with a small mutual fund (400 million AUM). I just want some good experience for business school later in life. They are both in Los Angeles so I would have the summer months to network. I would love to work in finance but also maybe biotech(healthcare) or consulting as well.

advice for this lost soul? I would actually love biotech/pharm i-banking. Any way for me to combine all my interests?

I have been thinking of doing life sciences consulting, with a focus on consumer health, for some time and have been wondering what some of the top firms in that area are.

Why? please help me understand

I am looking to put together a list of funds ( Private equity or hedge) that have strong interest in biotech/ healthcare companies. Can anyone point me in the direction of a list

was wondering what people think are the top 5 or so healthcare groups in IBD. i've heard JPM, BAML, and UBS (before all their guys went to Jeffries) were good.

Does anyone here who knows about hospitals, or healthcare services finance in general, mind if I PM a fairly simple question? I’d really appreciate it. I don’t want to post it here because haters gonna hate u kno?

I'm sure you've all seen it: The less fortunate, fat kid eating *Insert fast food here* and the parents not worrying(or knowing) about nutrition. I did some work around foreclosure valuation in college, and spent a solid two summers driving around in what I've deemed "The Hood" in Boston.

Fast forward to a recent conversation with a coworker: Her mom works as a nutritionist in a poorer area, and encounters the following on a regular basis:

Healthcare? Thats what MS analysts have said but i do not really understand the core reasoning because i know nothing about health care. i need to learn probs lol

Does anyone want to just list your top sectors for 2013 and a quick sentence or two as to why you think they'll do well?

I'm currently a 26 y/o medicial professional (NOT an MD), who supervises 2 small (and highly profitable) specialty departments at a medium to large community hospital. I've been planning on going to B School for awhile now, but planned to be focused on biotech (Amgen, Genentech) or healthcare.

However, it just came to my attention that there are healthcare specific PE firms. I'm not interested in banking, but out of curiousity, are HC PE firms looking for people with HC backgrounds? Or are they typically more interested in finance people? I think HC PE would be interesting (and of course likely lucrative), so I'd like to know if I would actually have a chance without a IB background.

Thanks in advance.

So I could really use some advice. I am currently in the final stages of interviews for VMG Health (Healthcare Valuations), Raytheon FLDP, and have secured an offer from a large oil and gas (Global Fortune 100) company in their finance graduate program.

Like a lot of people on this site, I want to move into IB at some point. So I am trying to decide which sets me up better for a transition into IB and also something that would look great for MBA apps.

I feel like Raytheon could give me lots of diverse experience, the O&G is excellent pay/benefits plus decent experience (but a lot of accounting), and VMG is decent experience but only in one sector (healthcare).

I would appreciate some direction on this because I am torn between the options.

Does anyone know any free resources online to find industry average EBITDA multiples, specifically for medical supply companies? I need to figure out how to value a small medical supply reseller that does below around $100M in EBITDA.

Does anyone have any places online where you go to find ideas of what the industry multiples ranges are?

So I just got notified that I've been invited to interview at a top tier growth equity firm, and the opportunity just sounds absolutely amazing so I'm desperate to land the position.

If someone currently at a growth equity fund wouldn't mind elaborating on the interview process, I'd be forever grateful. An overview of the typical growth equity interview process, some fit / industry (HCIT and B2B SaaS) questions they'll probably ask, general finance questions more relevant in GE, etc. would be great.

I've only found generic overviews with search, and I also have additional questions. I will banana away really good advice/insights until I run dry. Thanks WSO!

Sincerely,
BankingWaffle

Does anyone know of a good healthcare M&A group?

I'm interning at PE firm focused on healthcare, so thinking about parlaying that experience into an internship with a related M&A group.

Hi all,

I have heard and read now several times that the healthcare industry is counter-cyclical and thus a good investment during economic downturns.

Supposably more jobs are added to the indstry in downturns as many vacancies are available and laid-off workforce would turn to those. However this does not explain a revenue-based growth in the industry. Is it perhaps government increases spending into healtcare as it does in construction a la Keynes?

Could anyone shed some light why the industry grows in a recession, or am I missunderstanding counter-cyclicality being not indicated by growth but stagnation?

Here some info about the issue:

I was wondering if there were any healthcare consultants out there that could provide some insight into the typical career path of a healthcare consultant? What kind of exit opps are there? Is this the type of job that will pigeonhole me?

I've tried to look this information up myself, but there is not really too much out there.

Thanks in advance for the help.

Does anyone know of any healthcare specific venture capital, private equity, or ib firms?

Just wanted to share the MD MBA Association, www.MDMBAs.com, a professional network & resource for MD/MBA Candidates, Prospective MD/MBAs, & Medical Students, with potential MD/MBA students.

Some of our key features include:
-The only complete rankings for all 55 MD/MBA programs in the country: http://www.mdmbas.com/ForProspective...msandRankings/
-An "Application Guide" for those applying to MD/MBA: http://www.mdmbas.com/ForProspective...licationGuide/
-MD/MBA Profiles and MD/MBA Student Profiles to get an idea of who pursues the dual-degree and why:MD/MBA Profiles and http://www.mdmbas.com/ForProspective...udentProfiles/
-A Blog to stay up to date with the latest in healthcare: Blog

Many of the big pharmaceutical companies are laying off workers and outsourcing to other countries. The healthcare reform we are currently seeing in the U.S. is going to allow the government to have a larger effect on the pharmaceutical industry and change the healthcare scene overall. Those of you who have relevant experience, how do you think that this will affect the healthcare/biotech consulting field? What do you think will be the next hot areas in the field?

I try not to pick apart the NYT op-eds, as they are not supposed to be well researched arguments. But the below makes a case against current healthcare reform plans, while trying to argue for them.

http://www.nytimes.com/2012/04/05/opinion/down-the...

The author's sister was tragically disabled in an auto accident. Now she is receiving health coverage from the state.

The author laments the limited nature of these programs, and hopes that exchanges will come into existence so that her sister will be able to buy covergage. But, how is it realistic to have "insurance" that you only buy after the accident? This is the basis of the argument against Obama's reforms...it creates an unreal moral hazard.

Anyone else taking time off to go see this? Obamacare (Patient protection and affordable care act) is to be heard over a three day period by the supreme court from March 26 - March 28th.

I'm thinking Ill have to start lining up the day before. Anyone else pumped? If you're at a HF, it could be good for you to go as well. And if youre a student in the area, you could prob scalp tickets for a good profit.

http://www.supremecourt.gov/oral_arguments/argumen...

Hi guys, I am a med student with healthcare / biotech / public health background looking to transition into consulting. Med school was not my thing. I have searched around on the forums and could not find a similar thread. I would much appreciate a list of boutique consultancies specializing in life sciences. Thanks.

what are the top healthcare hedge funds?

There is a good thread on healthcare PE firms but i think I am actually more interested in the public markets..

OrbiMed, Healthcor off the top of my head, any more?

For the healthcare pro's out there...

What were the most insightful / enjoyable / informative books on healthcare you've read? (in the context of investments of course)

Btw: Just finished Fisher Investment Series: Healthcare by Michael Kelley. It was a great primer on the topic, so don't include that if you are planning on suggesting it.

Does anyone have ANY info on Huron Consulting--specifically their healthcare practice?

Is there anyone here that does healthcare consulting in the US? If so I would love to PM you a few questions.

I'm looking for any advice or insight from those working in or familiar with Deloitte's Healthcare practice, particularly for applicants without an MBA.

The practice will be at my program this week holding an information session for SA and FT positions. This will be aside from the general S&O practice recruiting at the MBA program and for undergrads.

Do non-MBA master's degree candidates go through case interviews?

What is the typical starting salary for a Consultant in S&O? I'm in LA, however I'm interested in doing an internship in the Chicago office and hopefully obtaining a FT offer. I do have 3yrs post undergrad work experience, however I'm 99% sure I wouldn't be hired on as a Senior Consultant according to the healthcare S&O job description.

Thanks