Overview
Sg2, headquartered in Skokie, IL, is a leading entity in healthcare analytics, operating as a subsidiary of Vizient. The company offers comprehensive intelligence, consulting, and educational services, particularly for hospitals and health systems. Sg2 excels in assisting healthcare organizations in devising strategies to foster growth, improve healthcare delivery experiences, and ensure market relevance. With an estimated annual revenue of $135 million and a workforce of 400 employees, Sg2 serves over 1,700 members, including academic medical centers, life sciences companies, and integrated delivery networks.
Services and Expertise
Sg2 specializes in a range of services pivotal to healthcare analytics and strategy formulation:
- Healthcare Intelligence: Delivers critical insights needed for effective healthcare strategy development.
- Market Pulse Consulting: Provides strategic consultation to help clients navigate dynamic market conditions.
- Enterprise Strategy and Service Line Optimization: Aids in optimizing service configurations to meet clinical demands.
- System of CARE Development: Enhances clinical network performance and patient outreach.
- Strategic Planning and Value-Based Care: Empowers organizations with data-driven insights for strategic planning and value-based healthcare delivery.
Sg2's tools and applications, like the Sg2 CARE Grouper and Patient Flow, harness robust data-driven insights, facilitating strategic planning and physician alignment.
Leadership
- Ron G. Durham, CEO, steers the organization towards strategic alignment and growth.
- Saloni Jain, SVP of Intelligence & Research, brings over 16 years of experience in healthcare strategy and analytics.
- Brian Esser, Principal, focuses on enterprise growth and sustainability via healthcare intelligence.
- Chad Giese, leads service line research, enhancing healthcare operations strategies.
- Michael Humphrey, National VP, leads segment strategy intelligence for academic medical centers.
The leadership team is integral to driving Sg2's strategic vision and operational success across its divisions.
Recent Developments
In 2024, Sg2 has broadened its offerings by introducing a new data solution that delivers vital market share insights for healthcare organizations. Furthermore, the 2024 Impact of Change Forecast outlines potential shifts in healthcare delivery, aiding stakeholders in preparing for industry challenges.
Financial Overview
Although Sg2's specific annual revenue details are undisclosed, its acquisition by Vizient in 2014 for $142 million underscores its value proposition within the healthcare market landscape.
Contact Information
- Corporate Office: 433 West Van Buren, Suite 805, Chicago, IL 60607
- Phone: 847.779.5300
- Website/Social Media: [LinkedIn Profile](https://www.linkedin.com/company/sg2)
Competitor Overview
Sg2 operates within a competitive environment, facing off against various companies in the healthcare analytics and consulting domain.
Key Competitors
- Perception Health: Utilizes healthcare claims data for predicting disease risks and optimizing provider revenue.
- Trilliant Health: Offers healthcare analytics and market research, facilitating strategic growth in healthcare.
- Definitive Healthcare: Specializes in healthcare commercial intelligence, providing data analytics for market navigation and identifying growth opportunities.
- Pivotal Analytics: Fuses patient datasets with proprietary analytics for strategic growth evaluations in healthcare and real estate strategy.
Other competitors include companies like Heartland Dental, MB2 Dental Solutions, PolyArk, Accenture, and McKinsey, which encompass healthcare-specific and broad consulting firms.
Strategic Positioning
Sg2 capitalizes on its extensive analytics capabilities and thought leadership to stand out in a competitive market. The company's universal planning and consulting services offer unique insights and foresight, paramount for strategic decision-making. This adaptability and innovative drive are vital for maintaining Sg2’s competitive edge and fostering sustained growth.
Sg2's mission lies in providing analytics-based healthcare expertise to promote sustainable growth and optimized healthcare delivery. Through strategic partnerships and relentless innovation, Sg2 remains a trusted advisor in the complex healthcare industry landscape.
