Nordic Healthcare Group

What Nordic Healthcare Group does

Nordic Healthcare Group (NHG) is a privately held research-based consulting and analytics firm serving public and private social and healthcare sector organisations across the Nordic region. Founded in 2004 as an Aalto University spin-off, the company is headquartered in Espoo, Finland, and operates through offices in seven Finnish cities (Espoo, Turku, Oulu, Tampere, Jyväskylä, Kuopio, Kouvola) plus Stockholm, Sweden and Copenhagen, Denmark, employing more than 200 expert consultants as a B2B professional services firm under a sales-led go-to-market model.

NHG delivers engagements through a nine-line service portfolio spanning Digital Development, Management Consulting, Go-to-Market and Growth, Service Design, Hospital Planning, Strategy and Transactions, Information Services, Research, and Impact measurement. The firm also operates a Client Portal at products.nordichealthcaregroup.com, indicating movement toward more productised analytics delivery on top of its core bespoke consulting work.

The firm's customer base covers seven primary verticals: public sector healthcare organisations, pharmaceutical companies, hospitals, healthcare investors, health technology companies, research institutions, and private healthcare service providers. Revenue is generated entirely through direct B2B consulting engagements with undisclosed pricing terms, and the firm has no public funding rounds, no disclosed revenue, and no institutional investors in the available source data. Its Nordic focus, Aalto heritage, and accumulated practitioner expertise form the basis of its competitive position.

Name

Nordic Healthcare Group

Legal name

Nordic Healthcare Group

Website

https://nhg.fi

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

51–100 employees

Short description

Nordic Healthcare Group is a Finland-headquartered research-based consulting and analytics firm that delivers expert services to public and private social and healthcare organisations across Finland, Sweden, and Denmark.

Ownership category

akta.pro rank

Product category

Healthcare Consulting

NAICS

Management Consulting Services (54161), Other Management Consulting Services (541618)

SIC

Services-Management Consulting Services (8742), Services-Health Services (8000)

akta.pro primary industry

Hospital Shared Services, GPOs & System Support Organizations (HLAFAAAO)

akta.pro secondary industry

Global Health Research, Evidence & Technical Assistance Organizations (HLAJAKAN)

Keywords

• Healthcare consulting
• Social services advisory
• Healthcare analytics
• Hospital planning
• Pharmaceutical market access

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Expert Consulting Services: Professional consulting services including digital development, management consulting, go-to-market, service design, hospital planning, strategy and transactions, information services, research, and effectiveness consulting for social and healthcare organizations

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Nordic Healthcare Group is a research-based consulting firm offering expert services and analytics solutions to public and private healthcare and social service organizations across the Nordic region. The firm's portfolio covers digital development, management consulting, market access and growth, service design, hospital planning, strategy and transactions, information services, research, and impact measurement, helping clients navigate sector transformation and build effective future social and healthcare services.

Product overview

Nordic Healthcare Group (NHG) is a research-based consulting firm offering a portfolio of expert services rather than a unified software platform. The company was founded in 2004 as an Aalto University spin-off and operates across Finland, Sweden, and Denmark with 200+ experts. Its service portfolio includes: Digital Development (Digikehitys), Management Consulting (Johdon konsultointi), Go-to-Market and Growth (Markkinoille pääsy ja kasvu), Service Design (Palvelumuotoilu), Hospital Planning (Sairaalasuunnittelu), Strategy and Transactions (Strategia ja transaktiot), Information Services (Tietopalvelut), Research (Tutkimustyö), and Impact measurement (Vaikuttavuus). The company also maintains a Client Portal for customers at products.nordichealthcaregroup.com. Services are delivered across public and private healthcare sectors, pharmaceuticals, health technology, and research industries.

Differentiator

Problem solved

Functional benefit

Products and services

• Digital Development (Digikehitys)
• Management Consulting (Johdon konsultointi)
• Go-to-Market and Growth (Markkinoille pääsy ja kasvu)
• Service Design (Palvelumuotoilu)
• Hospital Planning (Sairaalasuunnittelu)
• Strategy and Transactions (Strategia ja transaktiot)
• Information Services (Tietopalvelut)
• Research (Tutkimustyö)
• Impact (Vaikuttavuus)

Segments7 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• PrecurisminorStrategic or Co-development Partner · 20 March 2023NHG acquired Precuris in Sweden as part of Nordic region expansion strategy. This acquisition represents NHG's growth initiative to expand consulting and analytics services in the Swedish market.

Scale indicators3 records

Recent moves5 records

Expansion highlights6 records

Broad incumbents

• McKinsey & Company (Nordic Healthcare Practice): Global management consulting giant with a dedicated healthcare practice that competes directly with NHG for Nordic public-sector and hospital transformation mandates.
• Boston Consulting Group: Global strategy consultancy with strong healthcare and public-sector capabilities, frequently competing with NHG on Nordic hospital strategy and digital transformation work.
• IQVIA: Global life sciences and healthcare analytics firm that overlaps with NHG's pharmaceutical and health-technology strategy, market access and analytics offerings across the Nordics.
• Deloitte (Nordic Healthcare & Life Sciences): Big Four firm with a sizable Nordic healthcare consulting practice covering strategy, operations and digital health, competing with NHG across multiple service lines.
• PwC Strategy& (Nordic Healthcare): Strategy consulting arm of PwC with deep healthcare and public-sector experience in the Nordics, offering management consulting services directly comparable to NHG's portfolio.
• Accenture (Nordic Health & Public Service): Global consultancy with a Nordic health practice that competes with NHG on digital development, hospital planning and large-scale health system transformation programs.
• Bain & Company: Global strategy firm with healthcare and private equity diligence capabilities, overlapping with NHG's Strategy & Transactions and Investor customer segments in the Nordics.
• CGI (Nordic Healthcare): Global IT and consulting firm with a substantial Nordic healthcare practice, providing strategy, digital and managed services that intersect NHG's core Nordic healthcare focus areas.

Regional players

• Gofore: Finnish-headquartered digital transformation consultancy with strong public-sector credentials, directly competing with NHG on digital development and service design for Nordic healthcare clients.
• TietoEVRY (Healthcare & Welfare): Leading Nordic IT and digital services provider with a Healthcare and Welfare business unit that overlaps with NHG's digital development, analytics and information services offerings.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/nordic-healthcare-group
• Xx.com/nhg_finland

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nordic Healthcare Group