Health Advances, LLC at a Glance


  • "The people push me to learn and care about my well being, both in and out of the office."
  • "The complex and interesting casework."
  • "Really good exposure to senior management."


  • "Long hours can take a toll."
  • "Not being in [downtown] Boston."
  • "Double-staffing model."

The Buzz

  • "The most diverse consulting firm out there, nicest people."
  • "Strong healthcare reputation."
  • "Growing company."

About Health Advances, LLC

The professionals at Health Advances consult about one thing and one thing only: health care. Established in 1992, the firm's core belief is that focusing on just one industry allows it to provide clients with greater resources and focused insight. This means that the professionals at HA are not mere consultants, with most having worked within the health care industry at some point in their career. 

Holding advanced degrees in medicine, molecular biology, biomedical engineering and many other related sciences, HA consultants are able to advise their Fortune 500 and start-up company clients on areas such as development, clinical trial strategy, marketing, licensing and pricing. But HA also offers advice on corporate-based issues, like mergers, partnering and finances, to a broad range of clients in the biotechnology, diagnostics, medical device, nonprofit and pharmaceutical industries. 

Seizing the opportunity for growth

Co-founders Mark Speers and Paula Ness Speers started their firm over twenty three years ago after leaving international management consulting giant Bain & Company. The firm has since built a senior management team of four additional partners and a solid group of vice presidents, all of whom bring different insights and experience to the table, allowing them to help clients develop marketing ideas for new products, advise on corporate mergers and acquisitions, international ventures and more. 

Offering something others can't

HA can offer all of its clients a three-pronged attack, with the ability to provide expertise in analytics, business and health care on every project team. However, where the firm really shines is its knowledge of the latter of these three-health care. That knowledge includes in-depth information about diagnostics and personalized medicine, expertise in specific disease areas, detailed insight into dealing with complex clinical trials and more. Most of all, HA thrives on its ability to predict or anticipate future trends and events in the health care industry over a 10 to 15 year span. 

Staying on top of all the information required to monitor and recommend improvements to the health care industry is no small task. To do so, the firm relies on a vast proprietary database of more than 20,000 clinicians, researchers and other industry contacts and experts, including PhDs, MDs, payers, and industry opinion leaders. In addition, the firm maintains a searchable library of treatment methods for diseases, company profiles and licensing deals, all collected from within the industry and maintained since the firm was started. The firm also regularly funds internal research projects to stay on top of relevant issues, such as regulation, reimbursement, disease management, technology, business development and competitive trends. 

No. 1 priority

Despite all HA has to offer its clients, the firm believes that its employees have even more to offer to the community. One visit to its website will make it obvious that community service ranks high on its list of priorities. The company organizes one company-wide event per year plus offers staff three additional days per year to volunteer at the charity of their choice. Some of its favorite charities include Cradles to Crayons, The Grow Clinic, the Juvenile Diabetes Research Foundation, and the Pan Mass Challenge Kids Ride. Meanwhile, Partner and Managing Director Paula Ness Speers serves on the board of the Partners Continuing Care and the Spaulding Rehabilitation Network. 


September 2015

Opening Zug, Switzerland Office 

Health Advances GMBH has been established with the hiring of 3 new full-time professionals.  The team is led by Claudia Graeve, PhD., a seasoned industry veteran with diverse international experiences. This European office will enable Health Advances to perform even deeper research on EU markets.

May 2015

Read to a Child

Health Advances celebrated its 9th year supporting Read to a Child (formerly Everybody Wins! Power Lunch). 14 HA'ers were paired with 1st, 2nd, 3rd, and 4th graders at the Whittemore School in Waltham. As mentors, the HA volunteers went once a week (October through May) to read books to the children during their lunch period. This small weekly time commitment has made a big impact on both the children and volunteers-forming mentoring bonds and an appreciation of and love for reading. Some mentors have been paired with the same child all their years in the program.  

March 2015

Expanded San Francisco Office 

Health Advances moved to a much larger and modern office in San Francisco. The office, adjacent to the Transamerica Tower, boasts tons of natural light and great views. This move highlights the firm's tremendous success in the Bay Area from a start-up operation only 6 years ago. And, with tons of room for additional hires, it demonstrates the firm's confidence in its growth prospects.   

June 2014

Run HAppy

Health Advances runners and walkers were dubbed team Run HAppy. Health Advances sponsored Run HAppy teams for Ragnar Cape Cod and Corporate Challenge Boston and San Francisco. Our 12-person Ragnar relay team ran 192 miles over the course of 2 days; there is no better team bonding than 2 days in a van with colleagues!

April 2014

MassBio 5-Year Strategic Plan 

Health Advances was enlisted by the Massachusetts Biotechnology Council to develop its 5-Year Plan, Impact 2020. Many consulting firms competed for this project due to the industry exposure it afforded. The forward-looking plan is designed to ensure the Massachusetts cluster continues to be a global model for life sciences innovation and economic development. The plan engaged industry, academic, medical center and government leaders and received national media attention. 

January 2014

Path to Partnership in Action 

Health Advances promoted Andrew Funderburk, Sheela Hegde, Susan Posner, and Vivek Mittal to Partner. These promotions demonstrated the ability of individuals from diverse backgrounds to become a partner at HA. Andrew and Sheela joined the firm  as MBAs, Vivek as a PhD, and Susan started as a Senior Analyst after making the transition from industry.


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Health Advances, LLC

9 Riverside Road
Weston, MA 02493
Phone: (781) 647-3435
Fax: (781) 392-1484


  • Employer Type: Private
  • Partners: Mark Speers, Paula Ness Speers, Susan Posner, Vivek Mittal, Andrew Funderburk, Sheela Hegde
  • 2015 Employees: 120

  • Employment Contact

  • Major Departments & Practices
    Clinical Development Strategy
    Due Diligence
    Health IT Business Strategy
    Launch & Salesforce Strategy
    Lifecycle Management
    Market Assessment & Forecasting
    Partnering & Licensing
    Portfolio Planning
    Product Positioning
    Reimbursement and Pricing Strategy
    Strategic & Business Planning
    Technology Commercialization
    Valuation and Financial Analysis

Major Office Locations

  • Weston, MA (HQ)
  • San Francisco, CA
  • Washington, DC
  • Zug, Switzerland

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