Interviews
- »Consulting One on One with Romil Bahl
In the January/February edition of Consulting, we examined how American Express is formalizing a consulting business around the data mining and analytics it is performing based on its unique access to aggregated consumer credit card usage information. In a similar vain, PRGX (formerly PRGX-Schultz) is looking to expand its consulting offerings by data mining the aggregated data it has collected on the business-to-business transactions in the retail and healthcare markets as part of its profit recovery audit business. To learn more, Consulting’s One on One sat down with PRGX CEO Romil Bahl. Bahl joined the firm a year ago. He previously co- founded Infosys and was recognized by Consulting as one of the Top 25 consultants in 2007.
- »One on One with OMNI's Frank Bernhard
The merger and acquisition market is way down from its peak a few years ago, but there are still significant consulting opportunities for well-positioned firms. To better understand the upside to the down M&A market, Consulting’s One-on-One sat down with Frank Bernhard, OMNI Consulting Group’s managing principal for its telecommunications, media and technology practice. His 20 year-old M&A firm grew by 7.8 percent in 2009, far outpacing the sluggish market.
- »Out of Office: Roz Savage
After 11 years as an IT consultant, Roz Savage knew she wanted to take her life in a new direction. But little did she realize she’d be charting a new course in a kayak.
- »Ingenix CEO Says He’s Bullish On Healthcare Opportunities
In November, John Nackel was named CEO and executive vice president of Ingenix Consulting, a 1,000-person firm providing services focused on hospitals, health plans, physicians, employers, government agencies and pharmaceutical companies. Consulting sat down with him to discuss the healthcare marketplace.
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»Top 25 Consultants, 2009: Stephen Wood
 Stephen Wood
Senior Vice President
Ingenix Consulting
Excellence in Healthcare
Back in 1982, Stephen Wood wrote his Masters thesis on the skyrocketing costs in healthcare and how those costs weren’t sustainable over the long run. If he only knew… Today, he says we’re faced with a genuine certifiable crisis.
“I think we all have to be excited about the possibility of solving genuine problems—both in terms of costs and access to healthcare right now,” Wood says. “We have this opportunity to address it head on and say that it’s not OK that 45 million don’t have insurance coverage. We have a real opportunity to take a cold, hard dispassionate look at ourselves and say we can do better.”
Wood, a senior vice president of government program optimization business for Ingenix Consulting, serves as the leader of the government payer segment, and is a primary resource in the Medicaid and Medicare Services market. “I spend a lot of time trying to figure out how can we serve the populations we need to serve while fairly compensating everyone involved,” Wood says. The goal is to make the system more efficient and not allow companies to benefit from activities that might not be in the public interest, such as high premiums and crumby benefits.”
As a leading voice in the industry, Wood was consulted by President Obama’s campaign when it defined its healthcare reform plan. So, does he think we’re heading for universal healthcare coverage? “The stars seem to be aligned and things do seem to be happening, but the cost of universal healthcare is breathtaking. This isn’t chump change, we’re talking a trillion dollars. Where is it going to come from?” Wood asks. “And it’s not a one-time investment. We need these solutions, but can we afford them? I don’t know.”
What he does know, however, is there will be dramatic change to Medicare and Medicaid. “My fear is that the changes will only occur in Medicare and Medicaid and those programs will pay the price for becoming “more efficient,” in other words, they’ll have less money devoted to them,” Wood says. “If you believe change is good than this is the profession for you. And right now, in my world, it’s probably as interesting as it will ever get.”
—Joseph Kornik
>> Full list of Top 25 Consultants 2009
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