About Stern Consulting
Stern Consulting provides specialty analytic and consulting services for hospital systems, healthcare companies and investors in the hospital and healthcare industries.
Hospitals and Hospital Systems. The firm was initially founded to advise hospital and healthcare systems on issues of strategy, operations and Medicare compliance. Stern Consulting's clients have ranged from nationwide hospital chains and major teaching institutions to small rural hospitals; the firm has served hospitals across the country including two of the nation's five largest healthcare systems.
Other Healthcare Providers. Stern Consulting has performed business planning and market studies for the nation's largest pharmaceutical company as well as the market-leading pharmacy benefits manager. The firm has also performed market analyses for firms ranging from an early stage disease management company to a leading outsourcer of revenue cycle management for large hospital systems. (See selected healthcare clients.)
Investors. In more recent years (through membership in Gerson Lehrman Group's Council of Healthcare Advisors), it became clear that the firm's expertise in hospital strategy, operations and analysis could prove invaluable to investors in private and publicly-traded hospital and healthcare companies. As such, in recent years, Stern Consulting has provided advice and analytic services to a series of high-profile institutional investors. (See selected investment industry clients.)
Stern Consulting provides specialty analytic and consulting services for hospital systems, healthcare companies and investors in the hospital and healthcare industries.
Hospitals and Hospital Systems. The firm was initially founded to advise hospital and healthcare systems on issues of strategy, operations and Medicare compliance. Stern Consulting's clients have ranged from nationwide hospital chains and major teaching institutions to small rural hospitals; the firm has served hospitals across the country including two of the nation's five largest healthcare systems.
Other Healthcare Providers. Stern Consulting has performed business planning and market studies for the nation's largest pharmaceutical company as well as the market-leading pharmacy benefits manager. The firm has also performed market analyses for firms ranging from an early stage disease management company to a leading outsourcer of revenue cycle management for large hospital systems. (See selected healthcare clients.)
Investors. In more recent years (through membership in Gerson Lehrman Group's Council of Healthcare Advisors), it became clear that the firm's expertise in hospital strategy, operations and analysis could prove invaluable to investors in private and publicly-traded hospital and healthcare companies. As such, in recent years, Stern Consulting has provided advice and analytic services to a series of high-profile institutional investors. (See selected investment industry clients.)
Principals
David M.C. Stern
(E-mail)
David Stern is the founder and president of Stern Consulting. He has advised some of the pre-eminent companies in the healthcare industry, both as president of Stern Consulting and as a consultant at other organizations. Prior to founding Stern Consulting, Mr. Stern spent six years advising hospitals at APM, then the country's largest healthcare management consulting firm. After APM's incorporation into CSC Healthcare, Mr. Stern helped run CSC's healthcare informatics subsidiary. He also spent two years as a managing director with the Crescent Group, a healthcare analysis and litigation support firm.
(E-mail)
David Stern is the founder and president of Stern Consulting. He has advised some of the pre-eminent companies in the healthcare industry, both as president of Stern Consulting and as a consultant at other organizations. Prior to founding Stern Consulting, Mr. Stern spent six years advising hospitals at APM, then the country's largest healthcare management consulting firm. After APM's incorporation into CSC Healthcare, Mr. Stern helped run CSC's healthcare informatics subsidiary. He also spent two years as a managing director with the Crescent Group, a healthcare analysis and litigation support firm.
Mr. Stern counts among his clients a wide range of healthcare practitioners and investors. His client list includes the nation’s largest pharmaceutical company; the nation’s largest investment bank; the nation's largest pharmacy benefits manager; the nation’s second largest publicly-traded hospital chain; and numerous other hospital systems, healthcare companies and institutional investors. (See a client list here.)
Previously, Mr. Stern served as marketing coordinator in the medical products department of Canon's European headquarters, where he developed marketing strategy for a new healthcare information technology product. He also worked as an executive search consultant at Technics in Management Transfer in Japan. He has served as a guest lecturer in fields ranging from management and healthcare economics to journalism ethics, at NYU’s Wagner Graduate School of Public Service, Middlebury College and Vanderbilt University. He also contributed to the textbook, Strategic Management for Nonprofit Organizations: Theory and Cases (Oster, 1995). He earned an MBA from the Yale School of Management and a BA in economics from Yale College.
In addition Mr. Stern serves on the boards of his local public school district and the Westchester Institute for Human Development and is an advisory board member of Renovation in Music Education. Mr. Stern has served on the boards of the local United Way and his local community council, and has served as a volunteer firefighter. He enjoys canoeing the wilderness of Alaska and Canada when he is not coaching local youth sports. He lives with his wife and three children in suburban New York.
Brian Williams
(E-mail)
Brian Williams oversees Stern Consulting's healthcare database and analysis functions. He has over 30 years of experience in healthcare decision support, serving in a variety of capacities. Prior to joining Stern Consulting, Mr. Williams was vice president of Net-Fast, Inc.—a web-based business intelligence firm using multi-dimensional databases to provide online analytic capabilities to hospitals and healthcare organizations. Mr. Williams designed and implemented client-specific solutions using combinations of proprietary and publicly available data.
(E-mail)
Brian Williams oversees Stern Consulting's healthcare database and analysis functions. He has over 30 years of experience in healthcare decision support, serving in a variety of capacities. Prior to joining Stern Consulting, Mr. Williams was vice president of Net-Fast, Inc.—a web-based business intelligence firm using multi-dimensional databases to provide online analytic capabilities to hospitals and healthcare organizations. Mr. Williams designed and implemented client-specific solutions using combinations of proprietary and publicly available data.
Previously, Mr. Williams managed the analytic staff for the Decision Technology group of CSC Healthcare. In this capacity he supported the information requirements of individual hospitals as well as large, multi-institutional networks.
Mr. Williams also co-founded and served as vice president of Utilization Management Associates, Inc. (UMA). At UMA, he worked with healthcare plans and hospitals in the U.S. and Canada to improve efficiency and eliminate barriers to appropriate use of healthcare resources.
Mr. Williams earned an MBA with concentration in healthcare management from Boston University and a BA in political science from Holy Cross College.