Senior Consultant, Healthcare Services - IT

Company: Alvarez & Marsal Deutschland GmbH
Location: Boston
Posted on: April 1, 2025

Job Description:

Alvarez & Marsal (A&M) is a premier, independent, global professional services firm specializing in advising organizations on solving complex business problems, including turnaround management, restructuring, operational and financial performance improvement, strategy and value creation.The Healthcare Industry Group, a subsidiary of A&M, is at the forefront of delivering transformational change to the healthcare industry. Known as an established leader that delivers tangible results for healthcare executives, boards, private equity firms, investors, law firms and government agencies, our professionals advise organizations on financial and operational performance improvement, strategic growth and unlocking value across the investment lifecycle.You will have the opportunity to work with clients in a variety of sectors including health systems and providers, physician groups, ancillary providers, medical schools, vision, laboratory, dental and behavior health; managed care and health plans, government plans and programs, healthcare investors and lenders, medical devices, healthcare suppliers and infrastructure, and life sciences.HIG's Healthcare Services practice (HCS), with offices throughout the US, focuses on serving private equity firm's portfolio companies and public and private healthcare companies. Our HCS services include technology assessment, performance improvement/operational turnarounds, cost optimization, M&A services, finance operations, and interim management:

• Technology Assessment: We support the review and analysis of platform, data and system architectures, and related applications/products, integrations, infrastructure, processes, data, security, and IT teams for scale, capability, cost, resilience, and maintainability risk related issues and value opportunities.
• Performance Improvement/Operational Turnaround: We draw on deep operational heritage and proven approaches to assess businesses and identify key areas impeding performance quickly and effectively.
• Cost Optimization: A&M's cost optimization program focuses on quickly identifying high-impact opportunities for EBITDA and cash flow improvements across the entire cost structure.
• M&A Services: A&M supports companies throughout the M&A lifecycle, including conducting operational/synergy due diligence, integration planning and execution, as well as divestiture and carve-out planning and execution.
• Finance Operations: A&M drives improvement to its clients' finance operations, including management reporting and optimization of the month-end close process.
• Interim Management: In select instances, one of HCS's experienced operators may step into an interim role to drive change while a full-time replacement is being recruited.What will you be doing?As a Senior Associate you will be working closely with healthcare clients on a range of complex assignments. You will use your independent judgement and critical thinking skills to gather data, design practical solutions, and drive financial and operational improvements based on client needs. Responsibilities may include:
  • Identifying and implementing opportunities to significantly reduce cost structure by redesigning technology and operations org structures.
  • Optimizing overall technology stack to drive top line and bottom line improvement.
  • Developing IT synergy model and executing integrations.
  • Providing guidance to manage a client through crisis and/or quick solutions.
  • Developing operational data analysis to track and drive meaningful change.
  • Leading various work streams within a project.
  • Preparing client-ready deliverables and presentations.
  • Coaching and mentoring junior staff.
  • Building relationships with clients and seeking opportunities to expand the scope of business.Who are we looking for?
    • High energy individuals with a passion for healthcare and solving complex issues.
    • A minimum of seven (7) years of prior work experience in healthcare, consulting, or healthcare industry.
    • Experience in acquisition, integration and transformation from an IT deal perspective.
    • Experience in one or more industry leading Clinical Application domains.
    • Advanced analytics and reporting skills.
    • Advanced level of Excel proficiency and experience in financial modeling.
    • Solid project management and organizational skills.
    • Excellent verbal and written skills.
    • Willingness and ability to travel as required.
    • BA/BS degree and/or MBA/MS in Accounting, Finance, or related healthcare fields.How will you grow and be supported?As a Senior Associate within the Healthcare Industry Group, you will have the opportunity to take your career to the next level by gaining invaluable industry experience while enhancing and expanding your skillset. We offer a variety of training programs, ongoing coaching, and partnership with a mentor.The annual base salary range is $125 - $150k commensurate with experience. In addition, A&M offers a discretionary bonus program based on individual and firm performance.
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Keywords: Alvarez & Marsal Deutschland GmbH, Boston , Senior Consultant, Healthcare Services - IT, Healthcare , Boston, Massachusetts