Finix is a healthcare supply chain transformation and consulting firm focused on identifying
strategies for health systems to save
money by improving their processes
and finding inefficiencies. Founded
in 2000, Finix’s solutions have been
deployed on some of the country’s
largest health systems through a variety of systems and technologies. Josh
Fuhr, Managing Partner of Finix, sat
down with Consulting to discuss the
firm’s performance.
Consulting: What were the
main factors that contributed
to your firm’s exceptional
growth?
Fuhr: In an era of unprecedented
regulatory volatility, it is become
more important than ever for hospitals and health care systems to
reduce costs while maintaining
and improving quality of care.
Once relegated to an afterthought,
supply chain has become a popular
area in which to cut costs and root
out inefficiencies. Fortune favors
the bold, and bold, transformational changes are required if providers want to take full advantage of
these cost saving opportunities.
Consulting: How is this year
shaping up for your firm?
Fuhr: We have continued to see
unparalleled growth in 2017. Our
functional consultants are current-
ly assisting a top- 10 healthcare
system at their flagship hospital in
Houston. The possibility of exten-
sion exists, with over 150 hospi-
tals within the system’s network.
In addition to several traditional
hospital audits, our AP Recovery
team recently secured the firm’s
first state-government contract, al-
lowing us to review the financials
of 23 state-run agencies.
Consulting: How would you
describe your firm’s outlook
for 2018? Where do you see
the most opportunities?
Fuhr: We are projecting our growth
to continue well into 2018. This
growth is due in part to a refocused
marketing strategy. Our sales team
and managing partners have attended more than 10 industry expos and
conferences, providing us with innumerable prospects, leads and insight.
Consulting: What would you
say are your firm’s biggest
challenges in 2018?
Fuhr: Over the last two years, our
firm has worked on refining and
perfecting our service lines to bet-
ter meet the needs of our clients and
partners. As we continue to grow, it
becomes vital to continue this pro-
cess of refinement, especially in an
era of unparalleled pressure. With a
relevant service offering in hand, it
becomes paramount to nurture and
expand our sales and marketing
pipeline while maintaining quality
delivery to existing clients. A prop-
erly positioned service platform
and a healthy pipeline will only
prove worthwhile if we are able to
scale our operations accordingly.
Consulting: What does being
named one of Consulting’s
Fastest Growing Firms mean
to your firm, your employees
and your clients?
Fuhr: Being named one of Consulting’s Fastest Growing firms
will confirm the direction in which
our firm is taking, putting us in
the ranks of admirable companies
across the country. The honor is a
validation of the hard work that our
consultants put into their job and
the long hours they work to complete projects on time. As for our
clients, this award will add further
credence to our positive reputation,
allowing us to secure additional and
more substantial projects.
FINIX
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