Rank: 49 Revenue Growth: 100%
Cumberland Consulting Group is a leading healthcare consulting and services firm that helps some of the nation's largest payer, provider and life sciences organizations implement and optimize technologies to maximize operational efficiency. The Franklin, Tenn.-based firm offers clients comprehensive consulting services with a focus on strategic advisory, implementation, optimization and outsourcing. Founded in 2004, Cumberland began by providing IT consulting services to clients in a variety of industries with a focus on excellent client service, which remains one of our top priorities today. As the demand for strategic healthcare IT consulting services developed, we soon began focusing exclusively on the healthcare industry. "Our firm grew steadily and started receiving accolades from top industry publications and associations both for the quality of our client work and for creating a great place to work," says CEO Brian Cahill. In 2013, Cumberland acquired Mindlance Life Sciences, which diversified its client base to include pharmaceutical manufacturers. "We continued to expand our services to include specialized consulting resources through the acquisition of Cipe Consulting in 2014," Cahill says. "Through the purchase of Oleen Pinnacle Healthcare Consulting in April 2016, we increased our presence in the payer market." Consulting caught up with Cahill to discuss the firm's financial performance.
Consulting: What were the main factors that contributed to your firm's exceptional growth?
Cahill: Our success is directly tied to the exceptional work of our highly-skilled consultants who deliver outstanding service to our clients on a daily basis. In addition, we've intentionally diversified our portfolio of services over that past few years to meet the demands of the provider, payer and life sciences healthcare verticals.
Consulting: How is this year shaping up for your firm?
Cahill: We are having another great year. We've grown to 425-plus employees and have continued to introduce new services to meet our clients' needs.
Consulting: How would you describe your firm's outlook for 2018? Where do you see the most opportunities?
Cahill: We're looking forward to 2018 and will be watching for additional changes to healthcare regulations so we can help our clients succeed in an ever-changing industry.
Consulting: What would you say are your firm's biggest challenges in 2018?
Cahill: Next year's challenges will be similar to this year's—to continue to stay informed of changing regulations and new trends that impact our industry together, as well as to recruit and retain top talent.
Consulting: What does being named one of Consulting's Fastest Growing Firms mean to your firm, your employees and your clients?
Cahill: We're so pleased that Consulting magazine has chosen to recognize the hard work of our team and our growing client base by naming us one of the fastest-growing firms in the industry.
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