James H. Roth, CEOThe pharmaceutical industry is experiencing issues in terms of increased regulatory and government scrutiny and a highly competitive market. This has increased the need of a robust enterprise-wide compliance management program in order to reduce risk and enhance management controls. Drawing on experience, knowledge and a collaborative, action-oriented approach, Huron Consulting Group delivers a customized financial and operational solution that drives Pharma and Life Sciences companies to drive significant growth.
Headquartered in Chicago, IL, Huron Consulting Group helps global clients improve performance, comply with complex regulations and reduce costs by delivering measurable, sustainable results. “At Huron Consulting, our mission is to serve clients by providing the highest quality professional services that address their business issues. We deliver financial results to the investment community while contributing to the communities in which we live and work,” says James H. Roth, CEO, Huron Consulting Group.
Huron Consulting’s research enterprise and software solutions improve every aspect of administration performance. The company has built its expertise by working with more than 90 of the top 100 U.S. universities, non-profit research institutions, academic medical centers, hospitals, and dozens of clients globally, bringing best practices and thought-leadership to the unique environment of studies. “Our solutions and deep expertise enable clients to more effectively manage the business of analysis, optimize clinical research operations, improve financial management, cost reimbursement, service to faculty, and mitigate compliance risks,” says Roth.
The company assists clients to reduce risk by helping them overcome the compliance challenges associated with state law and aggregate spend tracking. Huron’s comprehensive aggregate spend disclosure reporting solution takes into account both state and federal requirements. Services include program and customer master data management, risk and data capture process assessments, software system selection, health care professional (HCP) management assessments, system implementation support, and spend data analysis.
Our mission is to serve clients by providing the highest quality professional services that address their business issues
Huron Consulting also provides services in the area of CIA/IRO/DPA support, commercial strategy, compliance monitoring & auditing, corporate strategy, government price reporting, licensing, merger & acquisitions and R&D strategy and process transformation.
Huron Healthcare differentiates itself by its commitment to results and its ability to foster a high-performance work culture creates sustainable results that clients can maintain long after a project ends. For more than a decade, Huron Consulting is serving the industry by its various solutions and services. For instance, UC Davis Medical Center, an academic health center was facing problem with their Revenue Cycle. After implementing Huron Healthcare Revenue Cycle solution, UCD substantially lowered both AR days and bad debt referred to collection agencies, while increasing productivity. The Solution Renewal project substantially improved UC Davis’ processes and tools, providing more robust and flexible reporting capabilities and increased accountability. Later on UCD again re-engaged Huron for a Revenue Cycle Solution Renewal project. UCD’s organizational structure has grown and evolved in response to environmental changes. In addition, Huron Healthcare’s tools had become more automated and included increased functionality, particularly in the areas of reporting and denials management.
Moving forward, Huron Consulting Group foresees to expand its business and also increase its services. “We aim to be the most trusted and respected professional services firm recognized by our clients for delivering excellence. It’s our unwavering commitment to always do the right thing by our clients, our people, and our communities,” asserts Roth.