I've been corp healthcare for 20 yrs and am planning an exit in 6 months to open a legal/consulting business. Looking for thoughts on billable hourly for law firms/ providers/healthplans as clients.

like
Posting as :
works at
You are currently posting as works at

I co-own a small healthcare compliance consulting firm. Depending on the type of services you are planning to provide, I would suggest moving away from hourly billing. We do primarily flat-fee work. It's nice not to have to track and justify your time and clients appreciate knowing up front what they are going to pay.

like

I’m at a big law firm with a robust HC practice and we typically have to give 10-20% discounts to providers unless they are big health systems that can afford it. To give some perspective our first years charge 560, partners 1,000-1,300. We are priced out of a lot of work even with the discount.

Consulting rates are medium size consulting firms in HC tend to go, I think, from 200-700. I think generally that’s where you should be.

like

Of course! That might be right. But you’ll prob negotiate some flat fees or project budgets anyway that will cap your total charges to them or write off some charges to keep them happy.

likefunny

Related Posts

Currently reading Invisible Women. Very eye opening book and highly recommend for fellow males to read it.

likehelpful

Generally curious about this years incoming batch of undergrads. What is your role and starting salary? Lots of HR laws ( CA, NY) and inflation this year so curious to see if people were able to use this to their advantage etc.

like

I’m interviewing for a GC role at a company that’s never had in-house counsel before. I’ve never been a GC - what questions should I be asking?

like

I need help managing a contract transition. I just started working as project manager owning a large system and help manage a team of developers contracted by a different company. Now their contract is ending and I’ve been asked to represent the gov’t as a contractor and make sure the transition goes well. I’ve never been in this position…usually I’m either transitioning in or out. The outgoing isn’t very organized with their knowledge transfer and documentation and want to help them but how?

Hi every one how is WLB at pepsico GBS?
What are all the perks and benefits that an employee can get which are not mentioned in the offer letter.

Hi Everyone,

Can someone please refer me to TCS / other big organization for Project Manager role?

YOE: 6

Please share your email in comments since my DM is not enabled yet :(

Thanks in advance!

like

How do you prepare for the role of technical architect? What kind of preparation do we need on daily basis?

like

currently debating if i should work on the hill or accept an IB role. i feel like working on the hill is invaluable experience that could get me into IB but maybe i’m wrong? Which opportunity gives me best resume experience?

like

Hi all how can I get a call from Google, jus applying in career page is enough or
I need to get referral.

Hello ,

For tech strategy role , which is better ?
1) Accenture Strategies CN
2) EY SaT GDS

like

I am in a client service account associate role right now helping AMs/AEs/Producers manage their books of business. A recruiter reached out to me with a Client Manager position. I have imposter syndrome because i have only been in insurance for 4 years. The first year being an intern/admin, so technically 3 years. (continued in comments...)

like

What does 401k mean?

like

CitiusTech Hirings.

Please send your experience and required position at
vinayshankarmails@gmail.com. I'll send you the referral link. DM for any additional details required.

Post Photo
like

Hi There, I’m a Senior freelance Digital PM/Producer based out of Toronto, Canada. I figure with remote work being the norm now, there would be more opportunity to collaborate with US agencies. Has anyone had the experience of doing this? I know some agencies have strict hiring protocol but I am incorporated. Any advice would help! Thank you

like

Salam, given the recent hiring surge at MBB, I'm thinking of applying. I was wondering if someone would be open to chat, I want to learn more about the work and culture at these firms. Thank you

like

We are hiring! Great work/life balance and exposure. PM me if you want a referral.

likefunny

Hiring a Social Media Manager. Looking for someone with strong lead generation and conversions background. Any suggestions as to best places to find these talents?

like

Good day all!

I am interviewing for a FP&A Manager position in Proserv UK. Could you please disclose the initial salary that I could ask for?

Thank you in advance!

like

Hi, I came across an HR role for a company that offers consulting services for other employers. Has anyone work for one? My understanding is that it’s project base. Can anyone here share their experience in a similar role? What do you think?

like

Make 235k tc in tech consulting. Is there a role on the sales side where i can transition to and make more? 9 yoe.

like

More Posts

Tax to banking?? Not necessarily investment banking. But has anyone done it?

like

Alguien me aclara una duda, por favor.... como se traduce “body copy” a español???? Mil gracias!

like

Anyone else stuck here without family? I'm in SF and my roommates are going home to their families tonight and i'm going to be alone, it's going to be a long 3 weeks..... 😭😭😭

like

Does experience in financial due diligence with Big4 ensure good future opportunities ? Also how good is it for an MBA finance considering the majority of crowd I have found being CA on LinkedIn..

TIA

like

24 yo looking for advice! Within the next few years I’d like to exit to industry but also live in Korea for ~1 year. Playing around with two options:

1. Quit job, study abroad, then find an industry job

2. Secure job at an international company, quit my job, try to transfer to korea office

I’d prefer option 1 but my biggest concern is it will be more difficult to find a job while unemployed (ie after study abroad). Nervous about how 1 year unemployed will impact future job prospects...

like

What are typical exit opportunities from financial reporting?

like
like

Best websites to get more of a handle on Excel as a beginner-intermediate?

like

Republicans who voted biden: who are you voting for in January?

like

Advice when looking for Tech Consulting internships in Chicago or DC Metro? My GPA (3.04) has disqualified me from most major companies. I've opted to focus my efforts into my student organizations and helping others reach their goals, in doing this I compromised for a B average. Are there any firms that will accept recommendation letters with the application? The networking route is also something I am exploring, but haven't had much success thus far. Any help is welcome! Have a great day!

like
like

Analog layout designers what's your yoe,CTC and career path thoughts or plan. Please share if you are aware about any other person with compartive job description
My Yoe 3 CTC 11 product based company
I have experience in rf layouts(mixer, clkgendrivers etc), std cell development, skill script, perl

helpful

UGH I need to get to NYC next year , just feeling stuck.

like

My career goal isn’t to make it to MBB or a unicorn or FAANG. It’s to feel fulfilled and challenged as I progress. I can’t be the only one that isn’t title or company chasing.

like

Big4 partners, do you feel the journey has been worth it when gauging by the variables of money, family, sphere of influence, and happiness? Or industry still seems more alluring? Thanks for your wisdom.

like

Looking for opportunity in abroad in data science. I've 4+ years of experience in data operations and 1 year of experience in data science

like

Are there any black single men preferably childless between the ages of 36-45 in this group? Would be amazing if you lived in NJ

like

What are we? Some kinda suicide squad?

like

Hi peeps! Trying to get into biking as a sport but I don’t which bike to start with or where to find a bike club. I’m in the DFW area. Recommendations welcome and appreciated!

like

Additional Posts in Healthcare Law

Does anyone specialize in pharmacy or PBMs? What helped you grow in this area? Any helpful resources? Any and all advice welcome! This is a new area for me, and I am struggling!

like

This fishbowl isn't really active, is it 🙄

like

What is everyone’s sense of in house comp at a hospital?

like

I finished a Health Law LL.M. last May and haven't done anything with it thus far. I'm in insurance defense primarily (Liability, UM, UIM) and just got the LL.M. because I still had GI Bill to use or lose.

Any suggestions on how I can create/build a book of business as outside counsel using the degree? Thanks in advance.

like

I do general transactional work but really want to get into healthcare. How can I make this happen?

like

Fastest growing practice area within healthcare law?

like

Does anyone work at Sidley? Do you like it there?

Where have people seen healthcare big law folks leave to? Mostly pharma? Providers/systems? Universities? Trying to get a sense of exit opps.

like

Is it realistic to go solo in the healthcare law space? Or do boutique firms have a hold on the market?

Any health law attorneys with amazing work life balance or straight 9-5? Can you tell us what you do?

like

How has your work been affected by COVID-19? I’m a regulatory and transactional attorney at an AmLaw 100 firm. Everyone has been telling me that health care will be fine (continued in comments)

like

Any recommended resources for a mid-level lit associate looking to develop some skills in health care transactional work? I'm primarily a med-mal attorney and several clients have small opportunities on the MA side that I'd like to be able to assist with. The firm does not currently have a specific transactional healthcare practice group so I'd need to go out of the firm for mentorship in this area. For now, I'm just looking for good basic foundational resources.

Appreciate it!

Does anyone here in a health system have insurance that covers fertility assistance or get paid parental leave? Really like my position at my hospital but as we start to plan a family - I'm nervous about the cost. Just looking around regionally - it looks like most health systems don't cover this.

like

Anyone in house at a hospital or academic health center? If so can you shed some light on work load, the main pressures of the job, your level of satisfaction and long term outlook?

like

What additional certifications and/or training do you recommended to help boost your credentials in the Healthcare and/or Public Health arena? I currently work for a hospital system (managing litigation and involved with risk management) and trying to help make myself more versatile long term.

like

Would getting a masters in health administration be worth it in terms of helping me get into healthcare law? I have transactional experience but no health law experience.

Anyone free to chat about getting into healthcare law?

like

What have you done to build up your book of business

likehelpful

Who's hiring entry level health care attorneys (less than 5 years transactional experience) with fully remote option?

Looking for a new mentor. Background- I previously practiced environmental law for some time and transitioned to health care about 4 years ago. Recently picked up pharmacy (in-house). I was interviewed for a Medicare/Medicaid role, but the hiring counsel thought I’d be great at pharmacy so placed me there. Was upfront about not knowing pharmacy one bit, but expressed my willingness to learn. Fast forward a year later- still struggling with Pharmacy knowledge. Looking for resources.. cont’d below

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal