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Consultant, Healthcare Services

Consultant, Healthcare Services

Alvarez & MarsalMorristown, NJ, US
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About Alvarez & Marsal

Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are why our people love working at A&M.

The Team

The Healthcare Industry Group (HIG), a subsidiary of A&M, delivers transformational change to the healthcare industry. Our professionals advise organizations on financial and operational performance improvement, strategic growth, and unlocking value across the investment lifecycle. Our team provides expertise in interim management, restructuring, revenue cycle management, mergers and acquisitions, compliance and regulatory, digital technology and analytics. You will work with clients in health systems, providers, physician groups, ancillary providers, medical schools, vision, laboratory, dental and behavioral health, managed care and health plans, government plans and programs, healthcare investors and lenders, medical devices, healthcare suppliers and infrastructure, and life sciences.

How You Will Contribute

As a consultant you will be working closely with healthcare clients on a range of complex assignments. You will work in a team environment while using independent judgment and critical thinking to create and drive practical solutions to add value for our clients. Depending on the client project, responsibilities may typically include :

  • Rapidly building and maintaining financial and operational models to assess client performance (including synergy analyses, 13-week cash flows, and / or pro forma financial statements)
  • Conducting operational data analysis to develop KPI metrics to track and drive meaningful change
  • Evaluating business operations and supporting performance improvement initiatives
  • Analyzing process workflows to identify opportunities for improvement and develop solutions
  • Participating in client interviews and capturing actionable items
  • Forecasting cash flows, analyzing and managing liquidity
  • Benchmarking internal and external data
  • Performing analysis and developing reports and deliverables
  • Preparing client-ready deliverables and presentations; assisting with client presentations
  • Conducting healthcare research
  • Assisting with development of presentations, pitch and proposal content

We are entrepreneurial, action-oriented and results-driven professionals who take a hands-on approach to solving our clients' problems and helping them drive value and growth. You will be part of a team that is passionate about delivering transformational change and making an impact in healthcare.

Qualifications

  • High energy individuals with a passion for healthcare and solving complex issues
  • Minimum of three (3) years of prior work experience in healthcare, consulting or related healthcare fields (e.g., healthcare banking, accounting, audit, private equity, or healthcare operations)
  • Working knowledge of the healthcare industry
  • Strong Microsoft Excel and modeling skills; ability to create and maintain models such as synergy analyses, pro forma financial analyses, and / or 13-week cash flows is a plus
  • Solid understanding of accounting and finance with ability to review financial statements and disclosures
  • Excellent verbal and written communication, with ability to present to all levels of client personnel
  • Solid project management and organizational skills
  • Ability to conduct operational data analysis and synthesize information to develop reports and KPIs
  • Advanced PowerPoint and Excel skills; experience with Visio, Tableau / Power BI, SQL, SPSS; benchmarking is a plus
  • Willingness and ability to travel as required
  • BA / BS and / or MBA / MS in Accounting, Finance, or related healthcare fields (e.g., MHA or MPH); professional certifications such as CPA or CFA, or progress toward such certifications
  • Your Journey at A&M

    We prioritize an employee experience that fosters professional and personal development. Our performance development process promotes continuous learning, rewards contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career. We also provide benefits and resources to support well-being, growth opportunities, and a collaborative culture.

    Regular employees working 30 or more hours per week are entitled to participate in A&M's fringe benefits, including healthcare plans, flexible spending and savings accounts, life, AD&D, disability coverages, a 401(k) retirement plan, and potential discretionary contributions. Paid time off includes vacation, personal days, sick time, federal holidays, a floating holiday, and parental leave. Benefit details vary by tenure and role. For more information, please refer to A&M's benefits programs.

    The annual base salary range is $90k – $115k, with a discretionary bonus program based on multiple factors including performance. Please consult your recruiter for details.

    A&M recruits on an ongoing basis; candidates are considered as they apply until the opportunity is filled. A&M does not require lie detector tests as a condition of employment. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment. Penalties apply for violations.

    Equal Opportunity Employer & Diversity

    A&M is an Equal Opportunity Employer. We promote equal opportunity in employment and all terms and conditions of employment without discrimination based on race, color, creed, religion, national origin, ancestry, citizenship status, sex or gender, gender identity or gender expression, sexual orientation, marital status, military service or veteran status, disability, or any other protected characteristic. Regional policy statements are available by region.

    Unsolicited resumes from third-party recruiters are not accepted unless engaged for a specified opening. A&M may hire such candidates at its discretion without a fee owed to the submitting agency.

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