MMG Job Creator Award Finalist: ClearView Healthcare Partners
In a year of historic job losses, health care consultancy ClearView Healthcare Partners increased its workforce by 26%, from 230 to 290 employees.
This story originally appeared in the Spring 2021 print edition of the Middle Market Growth Awards Special Report. Read the full report in the archive.
Don’t tell ClearView Healthcare Partners that 2020 was a year of historic job losses. Last year, the company—a health care and biopharmaceutical consultancy that offers scientific expertise, analytic approaches and business direction— increased its workforce by 26%, from 230 to 290 employees.
“We expanded our team at all levels of the organization, from senior executives to recent college graduates, in order to support the demands and needs of our customer base, who have been very active in 2020,” says Steve Chao, partner and co-founder of ClearView, which is based in Boston and has offices in New York and San Francisco. “All of our growth has been organic, and in 2020 we were able to expand without requiring outside capital.”
ClearView was founded in 2007 and is jointly owned by management and RLH Equity Partners, a private equity firm based in Los Angeles.
ClearView invested heavily in 2020 to deliver its services virtually to client teams that were also operating remotely, in a technologically enabled environment, according to Rich Mynahan, partner and co-founder of ClearView. “This allowed us to bring on board roughly 85 new undergraduate hires and 40 Ph.D. hires over the summer months on schedule while many of our peers were delaying new hire classes to later in 2020 or even into 2021,” he says.
“This allowed our firm to grow even as some of our valued colleagues left to pursue graduate education in business or medicine, or to join the burgeoning biotechnology industry,” adds Kevin Richard, partner and co-founder of ClearView. All of the firm’s consultants have scientific backgrounds and more than a third have earned a life sciences Ph.D., according to the company.
ClearView had support in retaining its top-caliber employees. RLH provided guidance that helped the company focus on the most important areas for growth and expansion, team-building efforts, sales strategies and account management techniques that drove demand for ClearView’s solutions, according to the company.
ClearView’s corporate culture and business success haven’t gone unnoticed. The company was ranked #13 Overall and #1 Boutique in the 2020 Vault Consulting 50, a rating of the best consulting firms in the U.S. ClearView was included in Forbes’ 2020 list of America’s Best Management Consulting Firms.
Alongside its staff growth in 2020, the company also took a stand on racial justice issues, issuing a statement condemning the “bigotry, hate, and systemic racism that oppresses and devalues black lives that must not be allowed to continue.” ClearView pledged to double down on its own efforts for diversity and inclusion “by investing in open forums for conversations on race and providing support to the NAACP in its fight to eliminate race-based discrimination. We pledge to continue our efforts to elevate dialogue and drive action in the weeks, months, and years to come.”