Senior Consultant, Revenue Cycle

Description About Alvarez & Marsal

Alvarez & Marsal (A&M) is a global consulting firm with entrepreneurial, action and results-oriented professionals. We take a hands‑on approach to solving our clients’ problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work—guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity—are why our people love working at A&M.

The Healthcare Industry Group, a subsidiary of A&M, leads transformational change in healthcare. As established leaders and trusted advisors, we deliver results for healthcare executives, boards, private equity firms, investors, law firms, and government agencies. Our team brings diverse perspectives and experiences to assist clients with enhancing financial and operational performance, accelerating strategic growth, and optimizing value throughout the investment lifecycle.

We provide specialized services in interim management, restructuring, revenue cycle management, M&A, compliance, digital technology, and analytics. Our professionals collaborate with a wide range of organizations, including health systems, physician groups, medical schools, behavioral health institutes, managed care organizations, healthcare investors, medical device companies, and suppliers, as well as vision centers, dental practices, and laboratories.

As a Senior Consultant, you will be working closely with healthcare clients on a range of complex assignments. You will work in a team environment while using your independent judgment and critical thinking skills to gather data, frame situations, and provide practical solutions to add value based on client needs. Depending on the client project the responsibilities of a Senior Consultant may typically include:

• Assessing current performance of healthcare client operations by conducting interviews, observations, document review, data-driven insights, and process mapping.
• Lead financial and operational analyses for healthcare engagements, including advanced financial modeling (e.g., 13‑week cash flow forecasts, pro forma and three‑statement models) and performance assessments.
• Performing data collection & analyses to develop KPI metrics and drive narrative development to support project deliverables and presentation content.
• Effectively synthesizing, drawing conclusions, and creating recommendations from both qualitative and quantitative data sets.
• Designing and implementing leading practice workflows, addressing deficits in quality, and driving operational and financial outcomes across different levels of healthcare organizations. Helping to build product and service offering tools and templates.
• Leading various work streams within a project, including managing day‑to‑day engagement priorities and timelines with guidance from senior leaders.
• Clearly articulating and executing next steps and managing day‑to‑day engagement priorities. Working with senior leaders to develop transition and hand‑off plans ensuring that improvements are sustainable.
• Independently develop and manage work plans and work streams within a project, understanding interdependencies, milestones, and deadlines to ensure on‑time, zero‑defect delivery.
• Build trusted, consultative relationships with clients by developing a deep understanding of their processes, financial position, and operational performance drivers.
• Contribute to business development efforts, including proposal development, pitch materials, and identifying opportunities to expand engagement scope.
• Coaching and mentoring junior staff both formally within a project lifecycle and informally.

Revenue cycle projects may include, but are not limited to: due diligences, performance assessments, enterprise performance improvement, full‑scale implementations, and interim management for a broad range of healthcare providers and supporting services companies.

Working as a partner to our clients by building consultative relationships you will develop an in‑depth understanding…