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What is Healthcare Consulting?

By Ken Black
Updated: Mar 02, 2024

Healthcare consulting is a process of advising and informing a business related to healthcare in a number of different business activities. While many understand the most important thing in healthcare is the patient, it is also a business and subject to the same concerns as any other business. While doctors and other healthcare professionals are often solely focused on the patient, there are other aspects of the business which healthcare consulting can help with.

A physician, especially one in private practice, has a number of things to worry about in addition to patient care. There are business concerns, hiring concerns, bookkeeping questions, marketing issues, and a myriad of other things. Many times, a physician, who has spent his or her entire academic career focusing on healthcare, may be ill equipped to handle these other questions.

This is why healthcare consulting is so vital. While a physician, or even an entire hospital, may be able to hire an office manager or a business CEO, the synthesis of business and healthcare can be a hard one to combine. Even if these individuals are capable of handling the day-to-day tasks, consulting can help by providing long-range strategic goals for an organization, no matter how small or large.

While it may not seem like there is much strategic planning in the healthcare industry, this is not totally accurate. A hospital, for example, may wish to expand its offerings by offering more services and thus increase its market share in its area. Whether this is feasible may be determined through healthcare consulting. Consultants may look at studies that show demand and the ability to attract a workforce to provide these new services.

A consultant in the healthcare consulting field may focus in one area or may be a generalist, looking at many different aspects of the business. In addition to marketing and strategic planning, other areas of focus in healthcare consulting may include: finance, information technology, human resources management, governance, and operations management, along with a few others. Ignoring any of these fields makes it more likely that business may suffer.

Those wishing to get involved in the healthcare consulting field should look for a major that is business related. This may include business management and business marketing. At the same time, it may be good to get as much experience in the healthcare field as possible, even as a low level worker or possibly even a volunteer. This will allow for the best chance of combining those two fields in a practical way.

Practical Adult Insights is dedicated to providing accurate and trustworthy information. We carefully select reputable sources and employ a rigorous fact-checking process to maintain the highest standards. To learn more about our commitment to accuracy, read our editorial process.
Discussion Comments
By ZsaZsa56 — On Jun 02, 2012

One of the most common types of healthcare consultant is a healthcare management consultant. The management aspect of healthcare is huge. For every doctor there are likely to be three or four people in business suits who keep the whole operation running.

The management structures of big healthcare institutions and hospital networks can be huge and confusing. There is the very real need for trained management professionals to come in and try to maximize the effectiveness of these organizations.

By chivebasil — On Jun 01, 2012

I have been a nurse for over 20 years and have worked in every part of the hospital with every kind of patient. Is there any way that I could get some kind of healthcare consulting job? I know everything there is to know. I have seen everything you can think of and dealt with just about every situation under the sun.

There is so much talk about the nursing shortage and the number of new nurses that are entering the field. I feel like my experience must count for something.

By Ivan83 — On Jun 01, 2012

I have a degree in health science informatics which is basically the analysis of the technical side of health information management. It sounds like a dry topic, and it can be, but it is also vitally important. Reducing costs and improving outcomes is dependent entirely on having as much accurate information as you can as quickly as possible.

I now work for a health care consulting company and I go in to examine the data infrastructure at a hospital, clinic etc. I make any improvements I can myself and then offer detailed suggestions for making further, more costly or complicated upgrades. Every sector of the healthcare industry is worried about efficiency so my services have been in high demand lately.

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