Rapidly evolving market dynamics, regulatory forces and consumer demands are continually adding new layers of complexity to the healthcare industry. Our understanding of each player across the value chain, whether a doctor, patient, payer, or manufacturer, contributes to our ability to help manage these complexities. Bain works with healthcare companies to fuel innovation, reduce the cost and complexity of operating systems, and drive value in today’s evolving market. Our Pharmaceuticals, Medical Technology, and Healthcare Payers and Delivery Systems teams bring diverse and deep experience to every healthcare engagement.
What We Do
What We Do
Bain helps leading healthcare companies work on the full spectrum of strategy, operations, organization and mergers and acquisitions. Our cross-sector teams and expertise bring diverse and deep experience—and a collaborative spirit—to every engagement. We work alongside client teams at all levels of the organization to develop practical solutions that can deliver repeatable and sustainable results. Our global healthcare practice enables us to support our clients in both developed and emerging markets.
We tailor Bain’s capability offerings to the needs of each client to help them solve problems or pursue opportunities by business need:
In addition, Bain is also the leading adviser to private equity funds active in the healthcare space, and we have worked on transactions representing more than 75% of healthcare-related deal volume over the past decade. That experience provides us with a deep understanding of trends impacting the industry. It also allows us to bring deep corporate expertise to the investment process to think through Day 1 strategy.
Companies across the healthcare industry recognize they need to deliver greater value—higher quality of care at a lower cost. To some extent, this pressure comes from changing government policies. But employers, consumers and providers are making similar demands. The result: all subsectors of the healthcare industry must take action to address the changing environment:
Pharmaceuticals: Pharmaceutical manufacturers need to ensure that their products demonstrate measurable cost and quality outcomes in the face of increasing price and access pressure.
Medical technology: Medical technology companies need to be both cost effective and innovative, rebalance towards growing profit pools, implement viable leadership strategies for emerging markets, realign go-to-market systems to new types of buyers, and address the needs of a growing range of constituents.
Healthcare payers and delivery systems: Healthcare payers and delivery systems must lead the charge in delivering higher-quality care at lower cost. Healthcare payers need to design products that motivate consumers to use health services in the right way, build relationships with their members and support providers with more effective care management tools and reimbursement systems. Healthcare delivery systems must align themselves to integrate care while preparing to take on more accountability for patient outcomes and the cost of care.