Impact Advisors - Company Research Report
Company Overview
Name:
Impact Advisors
Mission of the Company:
To provide comprehensive, high-quality services that drive value for client partners and improve the business and delivery of healthcare.
Founded:
Impact Advisors was founded in 2007.
Founders:
Andrew Smith and Peter Smith, along with a group of experienced colleagues.
Key People:
- Andrew Smith: Managing Partner & Founder
- Peter Smith: Managing Partner & Founder
- John Klare: Managing Partner
- Sandeep Sabharwal: Managing Partner
- Todd Hollowell: Chief Operating Officer
- Meghan Lawler: Chief Financial Officer
- Maggie Andersen: Chief Human Resources Officer
Headquarters:
- Primary: 400 E. Diehl Rd, Ste. 190, Naperville, IL 60563
- Downtown Chicago Office: 980 N. Michigan Ave. Ste. 1998, Chicago, IL 60611
Number of Employees:
No information is available.
Revenue:
Ranked based on 2023 healthcare revenue in Modern Healthcare’s Management Consulting Firms Survey.
Company Focus:
Impact Advisors is recognized for innovative healthcare leadership and technology expertise. It is known for its commitment and dedication to the healthcare industry, addressing challenges in clinical, financial, operational, and technical domains.
Products and Solutions
Major Solutions Offered:
1. Improve Financial Performance
- Revenue Cycle Management
- Workforce Management
- Supply Chain (Non-Labor) Optimization
- Corporate Services Optimization
2. Enhance Care Delivery
- Clinical Optimization & Care Transformation
- Value-Based Care & Risk Stratification
- Physician Enterprise Services
- Telehealth & Virtual Care
3. Ensure Technology Value & Security
- EHR Implementation & Support
- ERP Implementation & Support
- Application Managed Services
- Security & Compliance
- IT Strategy & Value
- Digital Health & Call Center
4. Accelerate Growth & Innovation
- Data & AI
- Mergers & Acquisitions
- Change Management
Key Features:
- Integrated and scalable solutions to address current, emerging, and future client needs.
- Solutions aimed at improving financial performance, enhancing care delivery, ensuring technology value, and accelerating growth and innovation.
- Recognition for being exclusively dedicated to healthcare.
Recent Developments
Recent Developments in the Company:
- Acquisition: Impact Advisors acquired First Quadrant Advisory to enhance services for healthcare payers and providers and continue its mission to improve healthcare business and delivery.
New Products Launched:
No information is available.
New Features Added:
No information is available.
New Partnerships:
- First Quadrant Advisory Partnership: The acquisition enhances Impact Advisors’ portfolio by incorporating strategy and operations expertise aimed at the healthcare payer market.
Awards and Recognition
- Named to the 2024 Inc. 5000 list, marking its sixth appearance.
- Ranked #10 in Modern Healthcare’s Largest Management Consulting Firms Survey.
- Recognized in Consulting Magazine’s 2024 “Best Large Firms to Work For” list - appeared 15 times across years.
- Multiple years of recognition for services and workplace practices, including awards from Best in KLAS®, Modern Healthcare, and Forbes.
Conclusion
Impact Advisors emerges as a powerhouse in healthcare consulting, focusing on improving financial performance, care delivery, technology value, and innovation. With strategic acquisitions and a commitment to quality service, it maintains a leading position backed by an award-winning culture.
