Healthcare Provider -> Healthcare consulting

consulting Healthcare
New answer on Dec 19, 2022
8 Answers
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Anonymous A asked on Dec 15, 2022

I'm a medical provider and have experience designing and leading a team of 6 through data analysis and designing a community health project that I delivered to the local county health director. I'm trying to transition into healthcare consulting and have talked with several Big 4 consultants who have said my background and experiences are valuable and would make me a strong fit in a consulting firm. However I have not had any luck during the application process/landing an interview. Does anyone have insight about medical providers making the transition to consulting or have any advice?

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Hagen
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replied on Dec 15, 2022
#1 Bain coach | >95% success rate | interviewer for 8+ years | mentor and coach for 7+ years

Hi there,

This is indeed an interesting question which is probably relevant for a lot of users, thus I am happy to provide my perspective on it:

  • It sounds like you have a strong background in the healthcare industry and are interested in transitioning into healthcare consulting. This can be a challenging transition, as the skills and experiences valued in the medical field may not be the same as those valued in consulting.
  • Consulting firms typically look for candidates with strong analytical and problem-solving skills, strategic thinking, effective communication, project management, and leadership experience.
  • Your background in designing and leading a community health project likely demonstrates many of these skills, but it's important to articulate and highlight them in your applications and interviews. You may also want to gain additional experience or skills specific to consulting, such as project management certifications or experience with consulting engagements.
  • Ultimately, success in consulting interviews comes down to preparation and practice, especially for case study interviews. Familiarize yourself with the format and common questions, and practice with friends or a coach for feedback.

In case you want a more detailed discussion on what to do in your specific situation, please feel free to contact me directly given I have helped many candidates from your industry.

Best,

Hagen

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Florian
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replied on Dec 15, 2022
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Hi there,

For top-tier consulting firms, your background actually does not matter that much as long as you have shown consistent achievements and successes.

The switch from healthcare to consulting is quite common and I have worked with quite a lot of medical doctors to move into MBB.

Regarding your outcomes: I am sorry to hear!

It is a bit hard to tell without seeing your resume. What we are also seeing at the moment is a general slowdown in hiring and recruiting so it might very well be that you just got unlucky with the current situation.

All the best for the future!

Cheers,

Florian

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Francesco
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replied on Dec 15, 2022
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Hi there,

Sorry to hear about the rejections. In terms of your question:

Q: Does anyone have insight about medical providers making the transition to consulting or have any advice?

The transition is definitely possible, I helped many healthcare professionals to move to consulting.

In terms of advice, if you mean how to improve the performance we would need more information on what went wrong with the interviews and on your application material. You can find some general tips on how to prepare for an interview below:

▶ How to Prepare for a Consulting Interview

For other questions please feel free to PM me.

Best, 

Francesco 

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Cristian
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replied on Dec 15, 2022
#1 rated MBB & McKinsey Coach

Hi there, 

Yes. I've had two candidates in the past year whose background is in healthcare and they made the transition to consulting. One got an offer with a Big4, the other with a specialised consultancy. 

The important thing in your case is to have a very well tailored application and to apply to the right thing. Let me take them in turn. 

1. Tailored application. You need a cover letter and a CV that reflect well the transferable skills which you've developed in healthcare and which would make you an effective consultant. You should also highlight any distinctive performance you've had in the past few years to signal to the interviewer that you are a top candidate. Networking and referrals count a lot here too, but this requires a more detailed discussion that is outside the scope of this Q&A. 

2. Applying to the right thing. You should do proper research to understand which would be your target firms and specifically roles within these firms. My advice would be to leverage your background to enter into the Healthcare practice of these firms (for the ones that have it) and to network before the interview with the Partners from the firms who work especially in the healthcare area. They are most likely to pull you in once they get a deeper understanding of your knowledge and skills. Both candidates that I mentioned above used this technique and it worked well for them. 

Feel free to reach out directly if you have any follow-up questions. Happy to help.

Best,
Cristian

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Maikol
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updated an answer on Dec 24, 2022
BCG Project Leader | Former Bain, AlixPartner, and PE | INSEAD MBA | GMAT 780

I helped two MDs to land offers at McKinsey and BCG.
It is definitely possible to move to consulting, in particular at MBB.

I suggest focusing on MBB instead of Big4.

If you need help, feel free to reach out.

(edited)

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Udayan
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replied on Dec 15, 2022
Top rated Case & PEI coach/Multiple real offers/McKinsey EM in New York /12 years recruiting experience

You have some great answers here to help you. 

In short - you have a desirable background for healthcare consulting. The two things to keep in mind apart from having a good resume and cover letter are

  1. Almost all interviews happen through networking so please spend a lot of time talking to people and getting references (ideally from partners)
  2. Timing matters a lot - currently hiring numbers are lower than in previous years as many companies are waiting to see what happens in the economy over the next year. So it may be helpful to ask your network on when is the best time to hire

Udayan

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Ian
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replied on Dec 18, 2022
#1 BCG coach | MBB | Tier 2 | Digital, Tech, Platinion | 100% personal success rate (8/8) | 95% candidate success rate

Hi there,

I agree that your background is compelling!

Here's what you need to do:

  1. Having better timing (start in the new year)
  2. Network (aim for a referral)
  3. Get a strong resume (get it professionally reviewed)
  4. Have a strong cover letter
  5. Remember, it's a numbers game (apply to a lot of firms)
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Rushabh
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replied on Dec 19, 2022
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Hello,

Yes, I have seen healthcare practitioners transition to consulting roles. It is certainly doable, but the question that you have to ask yourself is that whether it is what you want to do? If so, then keep at it! Try and network with other healthcare practitioners on LinkedIn who have managed to get into consulting roles and ask for referrals.

Also consider applying to Healthcare consulting firms e.g. ZS, LEK, Gupta - there is a higher likelihood of you being able to score an interview there!

If you need any help in highlighting transferrable skills on your CV/Cover Letter, feel free to reach out to me :)

All the best!

Rushabh

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Hagen gave the best answer

Hagen

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