Healthcare Services Consultant - MedTech

Location: Washington, DC, United States
Date Posted: Feb 10, 2025

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, 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 performance improvement/operational turnarounds, cost optimization, M&A services, finance operations, and interim management:

• 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 operational/synergy due diligence, integration 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: HCS’s experienced operators may step into interim roles to drive change while a full-time replacement is being recruited.

What will you be doing?

As an Associate, you will work closely with healthcare clients on a range of complex assignments. Responsibilities may include:

• Identifying opportunities to reduce cost structure by redesigning org structures and minimizing non-value-added tasks.
• Reviewing Go to Market strategies including portfolio assessments and sales force effectiveness.
• Building and managing financial models and conducting financial and operating analyses.
• Utilizing project management tools to track activities and progress against client initiatives.
• Providing guidance to manage a client through crisis and executing on a performance improvement plan.
• Developing operational data analysis to track and drive meaningful change.
• Preparing client-ready deliverables and presentations.

Who are we looking for?

Our Associates possess a high aptitude for financial and operational analysis. We seek someone with:

• A minimum of three (3) years of prior work experience in healthcare with a MedTech focus.
• Advanced Microsoft PowerPoint and Excel skills; experience with Power BI is a plus.
• Solid project management and organizational skills.
• Excellent verbal and written skills.
• BA/BS degree and/or MBA/MS in Accounting, Finance, or other related healthcare fields.

As an Associate, you will have the opportunity to demonstrate your leadership and integrity when interacting with clients at all corporate levels.

How will you grow and be supported?

As an Associate, you will gain invaluable industry experience while enhancing your skillset. We offer a variety of training programs, ongoing coaching, and partnership with a mentor to guide your career.

The annual base salary range is $90k – $115k, commensurate with experience. In addition, A&M offers a discretionary bonus program based on individual and firm performance.

Diversity & Inclusion

A&M’s culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. We embrace diversity and foster inclusiveness.

Equal Opportunity Employer

A&M provides and promotes equal opportunity in employment without discrimination based on any protected characteristic.