Impact Advisors
Impact Advisors is a privately held U.S. healthcare management consulting firm serving more than 600 provider and payer organizations with EHR/ERP implementation, revenue cycle, cybersecurity, and AI advisory services. Founded in 2007, it generates approximately $340 million in annual revenue.
- Company typePrivate
- Founded2007
- HeadquartersNaperville, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Impact Advisors does
Impact Advisors is a privately held U.S. healthcare management consulting firm founded in 2007 by Andy Smith and Pete Smith and headquartered in Naperville, Illinois. The firm delivers technology-enabled transformation services to more than 600 healthcare provider and payer organizations across clinical, financial, operational, and technical domains. Service lines include performance improvement (revenue cycle, workforce, supply chain, physician enterprise), care quality and clinical optimization, enterprise resiliency (cybersecurity, disaster recovery, IT modernization), growth and scalability (strategic planning, M&A advisory, data and AI consulting), and technology implementation and support for EHR (Epic and Epic Tapestry), ERP (Workday and Oracle), and enterprise clinical imaging systems. The firm supplements U.S. delivery with a 300-person nearshore operation in Mexico City and an enterprise field-sales go-to-market.
The business operates primarily on project-based professional services engagements with multi-year contract cadences, complemented by recurring managed services for EHR, ERP, RCM, and analytics support. Pricing is quote-based and not publicly disclosed. Revenue is approximately $340 million annually as of 2026, generated by 1,700+ employees. The firm has earned 35 Best in KLAS distinctions over 19 consecutive years — more than any other services firm — including 2026 #1 rankings in Data & Analytics Services, Human Capital Consulting, and Overall Healthcare Management Consulting, alongside 17 consecutive years on Modern Healthcare's Best Places to Work in Healthcare. Growth has been a mix of organic expansion and three completed acquisitions: C2 Healthcare (2022), First Quadrant Advisory (2024, payer market entry), and Canopii Collaborative (2026, Epic payer/RCM specialist). Ownership remains with the co-founders and internal stakeholders; no external venture or private equity funding rounds are disclosed.
Impact Advisors firmographics
Firmographics- Name
- Impact Advisors
- Legal name
- Impact Advisors, LLC
- Website
- https://impact-advisors.com
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Impact Advisors is a privately held U.S. healthcare management consulting firm serving more than 600 provider and payer organizations with EHR/ERP implementation, revenue cycle, cybersecurity, and AI advisory services. Founded in 2007, it generates approximately $340 million in annual revenue.
- Ownership category
- akta.pro rank
Impact Advisors industry classification
Industry- Product category
- Healthcare Management Consulting
- NAICS
- Other Management Consulting Services (541618), Management Consulting Services (54161)
- SIC
- Services-Management Consulting Services (8742), Services-Engineering, Accounting, Research, Management (8700)
- akta.pro primary industry
- Healthcare Access & Life Sciences Impact Funds (FSANAJAI)
Keywords
Where Impact Advisors is headquartered
LocationHeadquarters
- HQ city
- Naperville
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Impact Advisors business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Healthcare Management Consulting Services: Professional consulting services for healthcare organizations including strategy, operations, revenue cycle, EHR/ERP implementation, cybersecurity, and transformation services. Revenue is generated through project-based consulting engagements with healthcare providers and payers.
- Managed Services: Ongoing managed services including application managed services, EHR managed services, ERP managed services, revenue cycle management, and data analytics support delivered from Mexico operations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom project-based consulting engagements |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Impact Advisors product offering
Product offeringCore offering
Impact Advisors is a healthcare management consulting firm that delivers technology-enabled transformation services to hospitals, health systems, physician groups, and health plans. Core offerings include strategy, performance improvement (revenue cycle, workforce, supply chain), EHR and ERP implementation and optimization (Epic, Workday, Oracle), cybersecurity, data and AI advisory, and ongoing managed services delivered through U.S. offices and a nearshore Mexico operations center.
Product overview
Impact Advisors is a healthcare management consulting firm offering comprehensive, technology-enabled performance improvement and transformation services. The company operates as a single unified consulting service rather than a platform-plus-modules architecture. The core offering includes healthcare management consulting supported by specialized service areas: Performance Improvement Consulting (revenue cycle, workforce management, supply chain), Care Quality & Delivery Services (clinical optimization, quality improvement), Enterprise Resiliency Services (cybersecurity, disaster recovery, IT modernization), Growth & Scalability Services (strategic planning, M&A, data & AI), and Technology Implementation & Support (EHR, ERP, enterprise imaging, managed services). The company has expanded through acquisitions including First Quadrant Advisory (payer market expertise, 2024) and Canopii Collaborative (Epic Tapestry and payer services, 2026). Services are delivered across healthcare provider and payer organizations with recognition as Best in KLAS for 19 consecutive years.
Differentiator
Problem solved
Functional benefit
Products and services
- Performance Improvement Consulting Consulting services focused on improving business performance for healthcare organizations, including revenue cycle management, workforce management, supply chain optimization, corporate services optimization, and physician enterprise solutions.
- Care Quality, Access & Delivery Services Services that enhance clinical quality, patient experience, capacity, and access for healthcare providers, including patient access and experience, clinical optimization, quality improvement, and perioperative optimization.
- Enterprise Resiliency Services Services that ensure enterprise resiliency for healthcare organizations, including cybersecurity, disaster recovery and business continuity, and IT optimization and modernization.
- Growth & Scalability Services Services that accelerate business growth and scalability for healthcare organizations, including strategic planning, mergers and acquisitions advisory, data and artificial intelligence advisory, and enterprise managed services.
- Technology Implementation & Support Services for planning, implementing, and supporting healthcare technology including EHR implementation and support, ERP implementation and support, enterprise clinical imaging, and managed services.
- Health Plan Solutions Specialized consulting services for health plans and payers, including growth and market development, quality and value programs, operations and technology modernization, and contracting optimization.
- EHR Services Electronic Health Record implementation and optimization services, including Epic implementations and support for both ambulatory and acute care organizations.
- ERP Services Enterprise Resource Planning implementation and support services, including Workday and Oracle ERP solutions, with a focus on healthcare-specific integrations with EHR systems.
- Cybersecurity Services Security and risk management consulting for healthcare organizations, including security risk assessments, virtual CISO (vCISO) services, HIPAA compliance, and board-ready cybersecurity reporting and risk governance.
- Managed Services Application managed services providing ongoing support for EHR, ERP, and other healthcare technology systems, including nearshore delivery through Impact Advisors Mexico.
- Revenue Cycle Management Consulting Revenue cycle consulting services helping healthcare organizations improve cash flow, reduce denials, and optimize accounts receivable through process improvements and technology optimization.
Quantifiable outcome
- $14M margin improvement through revenue cycle management at Endeavor Health
- +3 more outcomes
Companies that use Impact Advisors
Customer profileNamed customers4 records
Segments2 records
Ideal customer profiles2 records
Impact Advisors technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability4 records
Feature3 records
Impact Advisors partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- EpiccoreImpact Advisors joined Epic's New Revenue Cycle Partners Program in 2024, enabling the firm to provide enhanced Epic-related consulting services and expand its ecosystem presence.
- Epic SystemscoreActive participation in Epic User Group Meeting (UGM) 2026, demonstrating ongoing partnership and expertise in Epic implementations.
- WorkdaycoreActive participation in Workday Rising 2025 conference, demonstrating partnership expertise in Workday ERP implementations for healthcare.
Scale indicators9 records
Recent moves7 records
Expansion highlights6 records
Impact Advisors competitors and assessment
Company assessmentDirect peers
- Avaap (now Alithia): Specialized consulting firm focused on Epic, Workday, and Infor implementations for healthcare organizations, competing directly for EHR/ERP implementation work.
- Optimum Healthcare IT: Direct competitor in healthcare IT consulting with deep Epic implementation and managed services expertise, frequently co-recognized alongside Impact Advisors in KLAS service firm rankings.
- Chartis Group: Healthcare-focused management consulting firm serving providers and payers; named alongside Impact Advisors and Optimum as a top service firm in the 2026 Best in KLAS Awards.
- Nordic Consulting: Large Epic-focused healthcare consulting and managed services firm with comparable EHR implementation, advisory, and managed services offerings for health systems.
- Pivot Point Consulting: Healthcare IT consulting firm offering EHR, ERP, and analytics services to providers and payers with a similar vendor-aligned delivery model.
- ECG Management Consultants: Healthcare-specialized management consulting firm with strong provider strategy, operations, and technology practices; competes for the same hospital and health system engagements.
Broad incumbents
- Tegria: Healthcare technology and services company (formed from Providence's roll-up of several consultancies) offering consulting, managed services, and technology solutions across the provider/payer landscape.
- Accenture (Healthcare): Global consulting giant with a large healthcare practice competing for large-scale transformation, EHR, and payer engagements where Impact Advisors also plays.
- Deloitte (Healthcare Consulting): Big Four firm with a substantial healthcare provider and payer consulting practice that competes on large transformation and technology implementation mandates.
- Huron Consulting (Healthcare): Diversified consulting firm with a healthcare practice spanning performance improvement, technology, and revenue cycle, competing with Impact Advisors on hospital performance and ERP engagements.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Impact Advisors social profiles
Digital presenceImpact Advisors financial estimates
Financial estimateRevenue estimate
Valuation estimate
Impact Advisors leadership team
Management profileNumber of profiles
Profiles12 records
Impact Advisors subsidiaries and ownership
Company hierarchySubsidiaries4 records
Impact Advisors funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Impact Advisors M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Impact Advisors
What does Impact Advisors do?
Impact Advisors is a healthcare management consulting firm that delivers technology-enabled transformation services to hospitals, health systems, physician groups, and health plans. Core offerings include strategy, performance improvement (revenue cycle, workforce, supply chain), EHR and ERP implementation and optimization (Epic, Workday, Oracle), cybersecurity, data and AI advisory, and ongoing managed services delivered through U.S. offices and a nearshore Mexico operations center.
Is Impact Advisors a public or private company?
Impact Advisors is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Impact Advisors founded?
Impact Advisors was founded in 2007. It employs 501 to 1,000 people.
Where is Impact Advisors based?
Impact Advisors is headquartered in Naperville, United States, in the North America region.
How does Impact Advisors make money?
Two revenue lines are on record. Healthcare Management Consulting Services are the primary driver. The others are managed Services.
Who are Impact Advisors's main competitors?
Direct peers on record are Avaap (now Alithia), Optimum Healthcare IT, Chartis Group, Nordic Consulting, Pivot Point Consulting and ECG Management Consultants. Broad incumbents are Tegria, Accenture (Healthcare), Deloitte (Healthcare Consulting) and Huron Consulting (Healthcare).
Does Impact Advisors have an API?
No public API is recorded for Impact Advisors.
What industry is Impact Advisors in?
Impact Advisors's product category is Healthcare Management Consulting. Its primary akta.pro industry code is FSANAJAI, Healthcare Access & Life Sciences Impact Funds. Its NAICS code is 541618 and its SIC code is 8742.