Health Advances, LLC at a Glance

Uppers

  • "First-hand exposure to some of the most exciting trends in the healthcare industry."
  • "The topics of cases and the firm culture."
  • "Interesting projects in health care and flexible hours."
  •  

Downers

  • "Typical stress associated with consulting lifestyle."
  • "Lack of name recognition."
  • "Location is in the suburbs of Boston, difficult to get here on public transit (but it's possible!)"

The Buzz

  • "Healthcare boutique, decent quality."
  • "Experts in niche healthcare topics (e.g., medical devices)."
  • "The most diverse consulting firm out there, nicest people."

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 four years ago after leaving international management consulting giant Bain & Company. The firm has since built a senior management team of six 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. 

IN THE NEWS 

June 2016

Read to a Child

Health Advances celebrated its 10th year supporting Read to a Child (formerly Everybody Wins! Power Lunch). 16 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. 

May 2016

Health Advances Hosts Digital Health Wargames

Health Advances' leadership and fellow health industry executives convened for an engaging, invitation only strategy workshop to define the future of digital health. Analyst Patrick Campbell wrote a blog post summarizing perspectives gained at the event, featured on Health Advances and Mass Bio's blogs. Read more.

March 2016

Health Advances Co-Authors Groundbreaking Study Documenting the da Vinci® Robot's Positive Economic Value

Intuitive Surgical's da Vinci® surgical robot has often been accused of adding unnecessary costs to the healthcare system. The Company enlisted Health Advances to perform a rigorous and comprehensive study of the robot's long-term economic impact to hospitals, payers and society when deployed to perform radical prostatectomies for prostate cancer patients. The resulting study, "A Multidimensional Analysis of Prostate Surgery Costs in the United States: Robotic-Assisted versus Retropubic Radical Prostatectomy," was written in collaboration with leading researchers and clinicians at Mount Sinai Hospital in NYC and has been published in the well-respected Value in Health Journal. The study estimates that, when factoring in all the costs of a surgery, the robot usually saves hospitals money. In addition, payers and society benefit from treating fewer downstream complications and less lost days of employment. Read more.

January 2016

Health Advances Joins Forces with PAREXEL

Health Advances announced a definitive agreement with PAREXEL, one of the leading global clinical research and services organizations, with 80 offices in 51 countries. This partnership further enhances Health Advances' global reach and capabilities, including access to key experts and insights in clinical development, regulatory, compliance, marketing communications, and other services, which are critical to the full commercialization and strategy optimization services its provides to its clients. 

Health Advances operates as an independent subsidiary with its own management, employees, and locations. 

November 2015

Health Advances Gets Big Win at the Wellesley Spelling Bee

A team from Health Advances beat 57 other teams to win the 26th Wellesley Education Foundation Spelling Bee. The team was happy to support a good educational cause and bring back a big trophy on full display in the lobby. Their winning word: threnody. Definition: a song, hymn, or poem of mourning composed as a memorial to a dead person. 

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 experience. This European office will enable Health Advances to perform even deeper research on EU markets.

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Health Advances, LLC

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

Stats

  • Employer Type: Private
  • Partners: Mark Speers, Paula Ness Speers, Susan Posner, Vivek Mittal, Andrew Funderburk, Sheela Hegde
  • 2016 Employees: 135

  • Employment Contact
    www.healthadvances.com/careers/

  • 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 & Pricing Strategy
    Strategic & Business Planning
    Technology Commercialization
    Valuation & Financial Analysis

Major Office Locations

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

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