Modern Healthcare August 24, 2019
Continuing consolidation among providers is causing a mirrored trend within the healthcare management consulting industry.
Many executives responding to Modern Healthcare’s 2019 Management Consulting Firms Survey acknowledged that they feel the pressure to merge.
“One of the biggest changes is the continuing consolidation of the consulting industry, which follows the consolidation of hospitals and the rise of behemoth health services companies,” said David Jarrard, CEO of Jarrard Phillips Cate & Hancock. “Consultancies are continuing to scale to meet the demands of major healthcare players.”
For boutique firms, consolidation can be the most viable solution for broadening their reach and offerings. Companies that haven’t developed diverse portfolios of services are having difficulty sustaining success as...
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