Modern Healthcare just printed a list of the Top 10 Consultants in health care. I was staggered to find that Matthew Holt Consulting was not on that list, but then I realized that it was top 10 by revenue rather than by pithy insight. The revenue estimate for the top 10 is around $5.7bn, which seems to include Life Sciences. If you look deep within the site of the consulting firm that put the list together you’ll see that they estimate that only 33% of the spending on consultants goes to these big guys, which I guess shows that there’s plenty of room for the little guys, and healthy disrespect for the value that the big guys bring.
But with IBM buying Healthlink and Accenture sucking up CapGemini, plus more and more of the big software vendors making most of their money on consulting services rather than pure software sales — and with the government getting into the game — expect more money to be spent on consulting in the coming years.