Health Advances, LLC Company Profile


Here's to your health

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 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 twenty two 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 database of more than 10,000 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.



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 came in as MBAs, Vivek as a PhD, and Susan made the transition from industry. These new partners, along with nine colleagues in Health Advances' senior management, represent a strengthened leadership team to ensure the firm maintains its strong record of growth.


February 2014

Commitment to Growth in the HIT Segment

Health Advances hired Bruno Nardone as Vice President to lead our growing HIT practice.  Bruno has a long career working in healthcare and the HIT sector with deep experience helping clients realize strategic and transformative health solution goals.


April 2014

Impact 2020

Health Advances and MassBio co-authored Impact 2020 - a forward-looking strategic plan to ensure the Massachusetts cluster continues to be a global model for life sciences innovation. The plan engaged industry and government leaders and received national media attention.


May 2014

Diagnostics institute

Health Advances held its inaugural Diagnostics Institute: From Biomarkers to Commercial Diagnostics. During this 2-day seminar an experienced group of biopharma managers and executives discussed how to effectively leverage diagnostics to optimize the success of therapeutics.  The seminar was a success and will be a recurring forum for personalized medicine insights.


May 2014

Read to a Child

Health Advances celebrated its 8th 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.


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! 

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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
  • 2014 Employees: 108

  • Employment Contact

    Visit Health Advances' careers page

  • Major Departments & Practices

    Clinical Trial Strategy

    Due Diligence

    Launch & Salesforce Strategy

    Market Assessment & Forecasting

    Partnering & Licensing

    Portfolio Planning

    Pricing & Reimbursement

    Product Positioning

    Strategic & Business Planning

    Technology Commercialization

    Valuation Financial Analysis

Major Office Locations

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

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