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When you’ve got a ardour for healthcare, VMG Well being could also be for you. VMG Well being is a boutique, home consulting agency that focuses solely on healthcare. VMG Well being prides itself on its material experience inside healthcare. Its experience spans a number of areas together with valuation and transactions, technique and advisory, and coding and compliance. Not like generalist consulting companies, working at VMG Well being would assure you circumstances inside the healthcare trade. VMG Well being is a high-growth agency and as such can afford you with profession development alternatives.
This text will share extra on VMG Well being’s historical past, careers, tradition, and wage.
Agency Key Stats
Agency Web site: www.vmghealth.com
Agency Headquarters: Dallas, Texas
Agency Variety of Staff: 250+
Agency Variety of Places: 6
Agency Chief Government: Greg Koonsman
Agency Income: Undisclosed
VMG Well being Historical past
VMG Well being was based in 1995 by Greg Koonsman. Greg based the corporate with a objective to create the primary valuation and transaction advisory agency with a spotlight solely on healthcare. VMG Well being has grown ~15%+ every year since its founding and has reached a worldwide presence. Because it grew, VMG Well being supplemented its natural development with inorganic development. Instance acquisitions embrace Care Futures.
VMG Well being is PE-backed and owned by Northlane Capital Companions.
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VMG Well being Careers
A profession at VMG Well being permits associates to turn out to be material specialists inside healthcare. Associates can serve a variety of healthcare purchasers nationally, together with tutorial medical facilities, doctor teams, and managed care organizations. Associates will develop their shopper relationship abilities by working together with senior administration. Instance tasks that associates can work on embrace:
- Performing qualitative and quantitative evaluation
- Figuring out methods for purchasers to extend their income
- Growing material experience in healthcare
VMG Well being additionally has a concentrate on upward trajectory and profession development, so a profession at VMG Well being received’t be “up and out.”
VMG Well being Internship
A VMG Well being internship is just like an internship at different consulting companies. Elements of a VMG Well being internship embrace:
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- Concentrate on private {and professional} growth with members of the group available
- Means to hitch shopper engagement groups and push ahead attention-grabbing deliverables
- Means to develop experience on healthcare
- Means to finish a particular summer-long intern venture
Throughout the internship, the VMG tradition of camaraderie and serving to one another actually shines by.
Apply Areas
Whereas VMG Well being is a healthcare specialist, its observe areas span throughout the healthcare sector. VMG Well being observe areas embrace:
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- Valuation and transactions, e.g.,
- Monetary due diligence
- Doctor composition FMV
- Technique and advisory, e.g.,
- Worth based mostly care
- Managed care
- Coding and compliance, e.g.,
- Coding and documentation audits
- Investigation and compliance advisory
Industries
VMG Well being is a boutique consulting agency specialised in healthcare. As such, VMG Well being’s fundamental trade of focus is healthcare.
VMG Well being Places
VMG Well being has 6 home areas. The VMG Well being agency areas are:
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- Chicago
- Dallas
- Denver
- Minneapolis
- Nashville
- New York
Profession Path
VMG Well being is a excessive development agency. Typically, at excessive development companies, there’s vital profession development as you’ll be put in additional stretch roles. Positions at VMG Well being can embrace:
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- Analysts or consultants: concentrate on conducting analyses, modeling, writing experiences
- Administrators: concentrate on main shopper engagements and new shopper growth
- Managing Director: concentrate on main groups and serving as an issue knowledgeable for purchasers
As you progress up within the agency, you may count on to tackle extra management roles and tasks.
Exit Alternatives
Given VMG Well being’s narrower scope and focus in healthcare, VMG Well being’s exit alternatives are healthcare-related. Instance VMG Well being exit alternatives embrace:
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- Working at a doctor group
- Working in healthcare non-public fairness
- Working with orthopedic teams
Notable Alumni
VMG Well being’s notable alumni embrace:
Goal Colleges
VMG Well being’s goal faculties embrace:
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- Southern Methodist College
- Texas A&M College
- Texas Christian College
- The College of Texas at Austin
Variety Applications
VMG Well being doesn’t publish its variety packages.
VMG Well being Tradition
VMG Well being has a 4.3 star out of 5 star score on Glassdoor with 99% recommending it to a pal and 95% approving of the CEO. Elements of the tradition known as out on Glassdoor embrace:
- Pushed individuals
- Good administration
- Enjoyable work tradition
- Passionate group that loves healthcare
VMG Well being Interview
The VMG Well being agency interview emphasizes behavioral questions. Instance behavioral questions embrace:
- Why VMG Well being?
- When was a time you have been a frontrunner?
- What qualities make somebody chief?
- Why healthcare?
Relying on the kind of function, there may be consulting case questions and funding bank-style questions, together with a modeling check. Instance questions embrace:
- What are other ways to worth an organization?
- How do you calculate WACC?
Agency Interview Course of
Just like different consulting companies, VMG Well being’s interview course of is a number of rounds. Typically, the VMG Well being interviews transfer from preliminary interviews (which could possibly be on the cellphone) to a closing spherical superday. Given the agency interview course of differs if you’re doing on campus or off campus recruiting, it’s all the time greatest to make clear the agency interview course of with the recruiter.
VMG Well being Wage
Per Glassdoor, monetary analysts at VMG Well being make ~$75,000 which consists of a ~$70,000 base and a ~$5,000 bonus. The wage at VMG Well being is decrease than the salaries at different healthcare-focused consulting companies. For instance, at ClearView Healthcare Companions, the bottom is $85,000 and bonus is $10,000. As well as, at LEK Consulting, the bottom wage is $95,000 and the bonus is $3,000. To get a complete report of consulting companies salaries, please see Administration Consulted’s report here.
Conclusion
Subsequently, VMG Well being is a boutique consulting agency centered on healthcare consulting. Given VMG Well being is a smaller consulting agency, its footprint is solely in the US with ~6 areas. Not like different consulting companies that are non-public partnerships or public firms, VMG Well being is non-public fairness backed. VMG Well being solely focuses on healthcare and has fairly deep capabilities inside the area starting from monetary due diligence to advising on worth based mostly care wage.
In case you are getting ready to use for a job at VMG Well being or need interview prep help, Administration Consulted can assist! Click on here to get 1:1 help from an ex-MBB guide.
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