LMC.healthcare

What LMC.healthcare does

LMC.healthcare is a US-based healthcare finance consulting firm founded in 1990 and headquartered in Michigan, led by Managing Partner Deborah A. Sieradzki PhD. The firm provides specialized professional services across five core areas: Reimbursement Services (Medicare and Medicaid cost reports, Medicaid reimbursement strategy, Medicare appeal support), Provider Compensation Services (physician compensation program review and strategy), Revenue Cycle Management, Interim Financial Management (deploying interim CFOs and directors of finance/reimbursement), and Mergers and Acquisitions Advisory. LMC serves hospitals, health systems, and healthcare facilities of varying sizes across the United States — from rural facilities under 100 beds to multi-facility systems with 8 hospitals and 180-physician groups.

The firm's underlying technology consists of proprietary web-based physician compensation software that replaces cumbersome Excel templates, plus custom Excel-based cost report templates that enable data flow-through to other payers' cost reports. These tools were developed over decades of engagements and are offered as part of consulting engagements rather than as standalone SaaS products. LMC also operates the LMC Alliance, a 2021-established network of independent vetted professional services and technology firms that enable lead sharing and joint engagement delivery.

LMC generates revenue through project-based consulting engagements and ongoing advisory relationships, with pricing quote-based and tied to engagement scope and complexity. The firm emphasizes a relationship-based, sales-led go-to-market approach, and claims services often generate returns of 10x their cost for clients. LMC has reportedly delivered over $250 million in lost revenue recovery to clients since 1990, holds a women-owned business certification, and is privately held with two generations of ownership.

Name

LMC.healthcare

Legal name

LMC.healthcare

Website

https://lmc.healthcare

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

11–50 employees

Short description

LMC.healthcare is a US healthcare finance consulting firm founded in 1990 that provides Medicare/Medicaid reimbursement, physician compensation, revenue cycle, and M&A advisory services to hospitals, health systems, and physician groups across the United States.

Ownership category

akta.pro rank

Product category

Healthcare Finance Consulting

NAICS

Human Resources Consulting Services (541612)

SIC

Hospital & Medical Service Plans (6324), Services-Health Services (8000)

akta.pro primary industry

Cost of Care, Spend Analytics & Financial Performance Management (HLACAHAJ)

akta.pro secondary industries

Value-Based Contracting Analytics (ACO/MSSP/MA, shared savings/risk) (HLACAHAA), Patient Billing, Statements & Payment Processing (HLACACAG)

Keywords

• Healthcare finance consulting
• Medicare medicaid reimbursement
• Physician compensation advisory
• Revenue cycle management
• Healthcare interim management

Headquarters

HQ city

Novi

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Healthcare Finance Consulting Services: Professional consulting services delivered through various engagements including reimbursement optimization, provider compensation alignment, revenue cycle management, interim financial management, and M&A advisory. Revenue is generated through project-based engagements and ongoing consulting relationships with healthcare organizations.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

LMC.healthcare is a healthcare finance consulting firm that delivers five core professional services to hospitals, health systems, and physician groups: Reimbursement (Medicare and Medicaid cost reports, Medicaid strategy, Medicare appeals), Provider Compensation (alignment and validation of physician and advanced practice provider compensation models), Revenue Cycle Management, Interim Financial Management (placement of interim finance leaders), and Mergers and Acquisitions Advisory. Engagements are customized to client needs and supported by proprietary web-based compensation software and custom Excel-based cost report templates.

Product overview

LMC.healthcare is a healthcare finance consulting firm offering a unified suite of professional services rather than a software product. The core offerings include Reimbursement Services (Medicare & Medicaid Cost Reports, Medicaid Reimbursement Strategy, Medicare Appeal Support), Provider Compensation Services (physician compensation program review and strategy), Revenue Cycle Management, Interim Financial Management, and Mergers & Acquisitions Advisory. Additionally, the LMC Alliance serves as a partner network of independent professional services and technology firms that complement LMC's core offerings.

Differentiator

Problem solved

Functional benefit

Brands

• LMC Alliance: A network of independent professional services and technology firms that are thoroughly screened to ensure they meet LMC's rigorous quality and integrity standards. Alliance firms offer services including Mergers, Acquisitions & Integrations Advisory, Management Consulting, Executive Search & Interim Resources, Coaching, Workshops & Training, Revenue Cycle Solutions, and Value-Based Care Solutions.

Products and services

• Reimbursement Services Optimization of reimbursement from Medicare, Medicaid, and other third-party payors, including preparation of Medicare and Medicaid Cost Reports, Medicaid Reimbursement Strategy, and Medicare Appeal Support for hospitals, health systems, and other healthcare facilities.
• Provider Compensation Services Alignment and validation of physician and advanced practice provider compensation programs with organizational strategies, including review of compensation models, productivity contract compliance (e.g., wRVU adjustments), and compensation strategy development.
• Revenue Cycle Management Consulting services that maximize revenue opportunities and manage complex compliance requirements through process optimization, AR net collections improvement, dashboard reporting, and post-EMR implementation financial alignment for healthcare providers.
• Interim Financial Management Deployment of interim finance leaders (e.g., Interim VP of Finance, Interim Director of Financial Planning, Interim Director of Reimbursement) to fill leadership gaps and support initiatives in budgeting, forecasting, contracting, productivity, decision support, and revenue cycle.
• Mergers and Acquisitions Advisory Management of complex healthcare financial, reimbursement, and payment-related issues during mergers and acquisitions, including post-acquisition financial integration, staff retention, systems integration, and corporate navigation support for healthcare organizations undergoing transactions.

Quantifiable outcome

• $250 million+ in lost revenue delivered to clients since 1990
• +2 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core and minor.

• LMC AlliancecoreStrategic or Co-development PartnerThe LMC Alliance is a network of independent professional services and technology firms thoroughly screened to meet LMC's quality and integrity standards. Formed in 2021 as an independent association of consulting and subscription service firms aligned to address opportunities with each other's client bases. Offers services including Mergers & Acquisitions Advisory, Management Consulting, Executive Search & Interim Resources, Coaching, Workshops & Training, Revenue Cycle Solutions, and Value-Based Care Solutions. Founding members contracted on or before June 30, 2022.
• Avant Consulting LLCminorGTM or Marketing PartnerConsulting firm contacted for inquiries about joining the LMC Alliance. Mike Roth serves as the contact at [email protected].

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• ECG Management Consultants: Healthcare-exclusive strategy and management consulting firm serving hospitals, physician groups, and health systems. Comparable across LMC's physician compensation and healthcare M&A advisory practices.
• VMG Health: Healthcare-exclusive valuation and advisory firm serving providers, payers, and healthcare investors. Directly comparable to LMC's M&A advisory and healthcare financial consulting services.
• The Chartis Group: Healthcare-exclusive consulting firm advising hospitals and health systems on strategy, finance, and operations. Comparable across LMC's reimbursement optimization and value-based care advisory lines.
• PYA (Pershing Yoakley & Associates): Healthcare-focused consulting firm offering reimbursement, revenue cycle, M&A advisory, and valuation services to hospitals and physician groups. Closest direct peer to LMC given nearly identical service lines and customer base.
• Warbird Consulting Partners: Specialist healthcare interim management and consulting firm providing CFO and reimbursement leadership on demand. Highly comparable to LMC's Interim Financial Management and reimbursement lines.

Regional players

• Plante Moran: Large Michigan-based accounting and consulting firm with a substantial healthcare practice serving hospitals and health systems. Highly comparable given shared Midwest roots, healthcare finance consulting focus, and similar reimbursement and cost-report services to LMC.

Broad incumbents

• Huron Consulting Group: Public consulting firm with a dedicated healthcare performance improvement practice spanning revenue cycle, clinical operations, and digital health. Overlaps with LMC's RCM and financial improvement work at enterprise scale.
• Guidehouse (formerly Navigant Consulting): Large advisory firm with a deep healthcare provider practice covering reimbursement, finance transformation, and value-based care. Overlaps with LMC's reimbursement and provider advisory services.
• FORVIS (formerly BKD + DHG): Top-10 US accounting and advisory firm with a dedicated healthcare practice covering reimbursement, audit, and consulting. Overlaps with LMC's cost-report and financial advisory services at larger enterprise scale.
• Wipfli LLP: Mid-market-focused accounting and consulting firm with a strong healthcare reimbursement and RCM practice serving rural and community hospitals — directly comparable to LMC's small-to-mid hospital client base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about LMC.healthcare