Healthcare consulting salary reddit Reply reply nicky009p After 2. Like actual job money(entry level salary is like 70-90k base depending on location). Not patient access, I do beaker but have to say that Honeydew Consulting is great to work for. i was just asking for advice for anyone who might resonate with going into healthcare consulting, and there are past posts on this subreddit that have addressed it so i found my advice anyways. A number of them recruit at my school, and I've already spoken to some recruiters 😕, but it's hard to gauge from those interactions what things are like in the industry as a whole. Hello gentlepeople of r/consulting. I'm also aiming to get into healthcare consultancy somehow eventually (trying for either jobs or internships but need advice here too please). Hello, I recently got reached out to on LinkedIn for a Healthcare Consultant position and am scheduled for an interview. Even better, do 5 years in traditional healthcare and transition to health tech startups. 174 votes, 69 comments. People think you're selling out, but I disagree lol: when was the last time a physician asked you whether you can actually afford a treatment? Aug 12, 2009 · I plan to take at least 1 year off, possibly 2-3, between college and medical school and am interested in working for a healthcare consulting firm. Started off making $67k, now up to $200k+ base. . I'm not sure if that'll happen because the company I work for is a non-profit. After 1 year moved up to 50k. The salaries for healthcare consultants are highest at MBB firms, with undergrad’s total comp ranging from $130,000 to $140,000. Jul 2, 2006 · I am trying to head into healthcare consulting myself and no I did not do my MPH at an Ivy League and I still get a decent amount of inquires for jobs at other consulting firms that work on many different types of projects and they usually pay well. Most people in my degree program did internships in hospitals, but my experience is in state government health policy. Sep 18, 2024 · You can work as a healthcare consultant at a generalist firm (for example McKinsey, Bain, BCG) or at a specialized healthcare firm (for example Putnam, ZS, Huron). How much does a Healthcare Consulting in United States make? The average salary for a Healthcare Consulting is $162,370 per year in United States. Worked in healthcare admin for 4 years. If I got in an accident, I could easily go $50k into expenses. Not saying MHA is worthless, if you wanna go into hospital admin then yeah it’ll almost 100% get you there, same with healthcare consulting (not as guaranteed but still very likely). I get paid around 60-65k a year from this small business that I am planning on pursuing an MPH or MHA in the fall of 2023, with my long term career goals of entering healthcare consulting. We identify the causes of disease and disability, and we implement large-scale solutions. Public health researchers, practitioners and educators work with communities and populations. Bonuses: $1. Even with the promotion, it would've been a $10k jump and I definitely still would've felt underpaid. Did contract for a period and pay was $110/hour, also included benefits. and get employment that way. For those who are consultants… What does a typical workday look like? What was your journey to your position? And if you’re willing to share- how much is your salary? I’m curious about going into consulting but need to know more about what it’s all about! Base salary: $120k. But if you are not sure you wanna be in that role/roles similar long-term, MBA is way to go. MSc in Clinical Epidemiology, finished in 2008 but I've been working in the field of evidence-based medicine for 13+ years. I believe that stats is an excellent degree for becoming a data analyst in any industry, including healthcare. Until then I am looking for work that is related to healthcare consulting, however I didn’t go to an Ivy League school or somewhere incredibly prestigious where I can walk into an Oliver Wynman, McKinsey, BCG, etc. Get the Reddit app Scan this QR code to download the app now Healthcare consulting salary . But in public health, we prevent disease and injury. the salary world vary. This week, I have a job interview with a healthcare consulting firm in California. I've gained 4+ years of healthcare administrative experience (basic managerial roles) but not able to land a job anymore :/ I'm hoping to get a job/internship soon in jersey city or in nyc. Pros: you make way more money than a gap year researcher or scribe. If you have the stomach for it, there is an exponential rise in salary in line with experience. Commercial - up to $120kish, probably around $105-110k realistically GPS - up to $110kish, probably around $95k base realistically It really depends on how aggressively the firm is hiring for that particular focus and how well your profile fits it. true. I think the starting market salary is 65k. My name is u/Zblueblur0 and I have been lurking around these halls for the past few months soaking up as much knowledge as possible. I have a skillset that seems to be highly sought after, I live in Canada but all my work, both full time and my part time consulting gigs are all in the US (I'm TN and can live/work in either the US or Canada). I'll be graduating this year and starting in the fall, the bonus is calculated on the standard bonus. 19 votes, 25 comments. I am currently a senior at a top State school in the US Northeast who is about to graduate with a degree in Healthcare Management/Administration (the degree is a mix of a Business Administration with a lot of healthcare policy . 5+ years is where you see things really take off. But man - the deli down the street was paying $26/hr ($52k) for cashiers with full benefits. hopefully you aren’t as closed minded talking to ppl with At Deloitte the title of “consultant” is the entry level position in the Traditional track. Moved jobs after 6 months and bumped up to 44k. Left for a healthcare tech job and make more but I believe starting salary would be anywhere from mid 30’s to mid 50’s. As a senior consultant, you can expect between 100k and 120k at a minimum, with other benefits like 401k, healthcare, parking/commuting, relocation charges, paid accommodation for the first month, a joining bonus, and per diem of around $100 if travel is involved. good luck with your journey of becoming a physician. Not really much of a recession in tech rn tbh, more like a slowdown). Salaries estimates are based on 11 salaries submitted anonymously to Glassdoor by a Healthcare Consulting employees in United States. So a health care company hires Tegria for 3 years to come in and help with tickets so you would be paid by Tegria but working on health care companies epic instance i don’t care abt ur perspective on consulting or want to change your mind abt it. So you would be on a team at a consulting firm as a “consultant” being paid a salary but work for a client of the firm. Need to like middle management/people leading. Hi, i don't work in a big4, but I know someone who works in one in the Washington metro area. The following is a non-exhaustive list of topics that should be submitted to the recruiting or new hire stickies: basic questions about consulting and consulting firms Travel consultant prior to Covid- mostly east coast from Midwest low cost of living Certified in Epic since 2010, consultant from 2012-2020 Left consulting in 2020 with a salary of $185,000+ bonus salary, full time with benefits. I recommend internships where School pushes healthcare/ hospital operations more than consulting, but at least a handful of each graduating class will enter consulting as their residency. Please note that all intro to consulting, recruiting, and "tips for new hires" inquiries should be posted in the appropriate stickied threads at the top of this subreddit. I've been here 10 years. They also have a tech allowance, health/wellness allowance, and a ton of internal support/resources. Consulting isn’t much of an escape because hours are still long and getting to high 400k+ numbers is also hard. All travel expenses paid for by clients. Hi r/consulting! Currently, I'm finishing up a master's degree in Healthcare Administration (with a BA in Economics). Extremely transparent about pay/percentage take home, 3% 401k match, corporate funded health insurance, dental, vision, etc. Other than healthcare consulting, what are some typical jobs landed by MBA grads from top, healthcare-focused programs (think Fuqua HSM, Wharton HCM, Cornell MBA/MPH, etc). Especially since I had also completed my MBA through TAMUCC during my time there and did not get an immediate raise. For consulting firms, it’s important to show that you’re able to communicate and be likable! Tech and tech-related jobs were where the cushy 100-200k jobs were at right out of undergrad starting mid 2020 or so (still the case from what I hear. My salary is 63k, I believe. But not, entry level doesn’t make bank. 5-15k. You also learn A LOT about the healthcare space. Depending on what you do (accounting, cyber, data analytics, etc) and what practice you’re in (GPS, Consulting, etc) and where you are…. and yes healthcare is obviously a lot cheaper here Good point - my health insurance (that my employer covers over half of) is like $12k a year and doens't cover much. My main understanding is that many of them are to large insurers or medical device companies, presumably in LDP or maybe Sr Manager - Director level roles? - Firm Type: Boutique - Location: USA East Coast HCOL - Education Level: UG - Level: Consultant - Years at firm: 5 1/2 years out of UG - 2021 Base: 100k In the medical field, clinicians treat diseases and injuries one patient at a time. Starting salary was 38k for a shitty admin assistant job at a hospital. 5 years as healthcare consulting job that served me well, I realized that my manager had no plans of promoting me. I am going to graduate with a Masters in HIIM this upcoming spring and was thinking about going for a PhD but as I am only 22 I wouldn't mind putting it off a year or 2 for this position if I were to get it. I'm expecting to get another increase next year for my annual, which should get me closer to the market. Bonuses and profit sharing.
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