2019 Vault Rankings
“Interesting and diverse projects that drive the future of healthcare”
“Supportive people and culture”
“Double staff model is challenging”
“Busy work hours come and go in waves”
“Few additional perks outside of monetary compensation”
"Healthcare boutique, decent quality."
"Experts in niche healthcare topics (e.g., medical devices)."
"The most diverse consulting firm out there, nicest people."
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 five years ago after leaving international management consulting giant Bain & Company. The firm has since built a senior management team of nine 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, Science is Fun!, Horizons for Homeless Children, and Read to a Child. . 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
Andrew Matzkin, Partner at Health Advances and Co-Leader of our Digital Health and Health IT practice, has been selected as a Strategic Adviser to the Digital Therapeutics Alliance.
The Digital Therapeutics Alliance (DTA) is a global non-profit trade association with the mission of broadening the understanding, adoption, and integration of clinically-validated digital therapeutics (DTx) into healthcare through education, advocacy, and research.
As a Strategic Advisor to DTA, Andrew will collaborate with leading digital health and biopharma companies to help blaze the trail for acceptance and adoption of digital therapeutics. This work will involve assessing the value and impact of DTx solutions in clinical practice, constructing industry and regulatory frameworks, and encouraging data-driven integration and utilization of DTx solutions across the healthcare industry.
Health Advances Supports Non-Profit Initiative to Increase Diversity in Science Careers
Health Advances proudly sponsored the Biomedical Science Careers Program (BSCP) Evening of Hope – an annual fundraising event that brings together life science leaders who support BSCP’s mission to increase the representation of minorities in the biomedical and other science-related fields. Health Advances is and will always be a strong advocate for diversity across all life science and healthcare sectors.
Next up will be Health Advances attendance at the Life Science Cares (LSC) Annual Impact Breakfast in celebration of the collective impact of the life science industry to combat poverty in the greater Boston community.
Health Advances Launches New Intern Taskforce
11 former interns and the Intern Coordinator came together to promote weekly activities focused on integrating the 2018 intern class. The primary goal is to highlight our collegial culture and make sure our interns get know staff at all levels and functions. This effort will only bolster the wide variety of ongoing social and professional development activities organized by our Events Manager. Health Advances encourages participation across the organization particularly through the staff-run social discretionary fund. Anyone can take the lead and organize an event; recent activities included cross-country skiing, pottery making, a softball team, and aerial yoga.
Health Advances Celebrates Promotions and Welcomes 3 New VPs
Julia Gaebler, PhD was promoted to Partner and Carrie Jones was promoted to Vice President. They will continue to work predominately with biopharma clients in their respective specialties. Julia leads the Market Access and Policy Strategy Practice and Carrie co-leads the Rare Disease Practice.
Darcy Krzynowek, Balazs Felcsuti, and Ruggero Rossi joined Health Advances as Vice
Presidents in the Boston-area office. This move positions Health Advances for continued growth by bringing the Senior Management team to a total of 20 professionals.
The Boston Pediatric Device Strategic Partner Challenge attracted an eclectic applicant pool of entrepreneurs and innovators from around the globe.
Of the 60 applications received, over 25 clinical specialties were identified as potential areas of opportunity for pediatric device development. Health Advances is proud to partner with Challenge co-sponsors, the Boston Pediatric Device Consortium and the Innovation and Digital Health Accelerator at Boston Children’s Hospital, to accelerate the development of technologies that can bridge gaps in pediatric treatment and care and improve the lives of children and adolescents.
We congratulate all winners of the Challenge, and we are excited to announce David Hoganson, MD, Boston Children’s Hospital as the Health Advances select Challenge winner for a cardiac device that allows surgeons to quantifiably measure leaflet coaptation height and success of heart valve repairs. We look forward to collaborating with Dr. Hoganson and his team to provide strategy consulting support to assist the company in achieving commercial success.
Health Advances Celebrates 25 Years
Health Advances celebrated its 25th Anniversary of supporting clients in the healthcare industry. We are proud of the fact that the company has stayed true to its initial vision of helping clients commercialize meaningful new products and services that improve the quality and cost-effectiveness of healthcare. We are also proud of the talented employees and alumni/ae who have helped build the firm's reputation for responsiveness, insight and integrity.
9 Riverside Road
Weston, MA 02493
Phone: (781) 647-3435
Employer Type: Private
Partners: Mark Speers, Paula Ness Speers, Susan Posner, Vivek Mittal, Andrew Funderburk, Sheela Hegde, Donna Hochberg, Andrew Matzkin, Wyatt Gotbetter, Gary Gustavsen, Julia Gaebler
2017 Employees (All Locations): 150
Weston, MA (HQ)
San Francisco, CA
Clinical Development Strategy
Health IT and Digital Health Business Strategy
Health IT M&A Strategy and Due Diligence
Market Assessment & Forecasting
Partnering & Licensing
Reimbursement & Pricing Strategy
Strategic & Business Planning
Valuation & Financial Analysis