Vynamic, a healthcare management consulting firm based in the US, has earlier this year opened a new office in Boston, its second in the country. Looking ahead, Vynamic’s Boston hub aims at mirroring the growth trajectory of its Philadelphia headquarters.
Founded in 2002 by Dan Calista, a former Executive at Accenture, Vynamic has since grown to a well-known boutique advisory firm in the healthcare industry. The management consultancy currently has a team of 90 professionals and works for among others pharma companies, the major health plans, software companies in the health-care space and public health. Last year Vynamic was named a best small consulting firm to work for by Consulting Magazine, while Ivy Exec early 2015 even recognised Vynamic as the #1 most prestigious boutique consultancy to work for.
In line with its growth ambitions, the firm’s management team earlier this year announced an expansion drive, with a new office in Boston at the heart of its plans. With the move, Calista anticipates capitalising on growing demand in New England, and in particular from clients in the Boston region, which he dubs “one of the country’s hottest markets for the healthcare industry”.
“After more than a decade of success in Philadelphia, Vynamic is continuing on our growth trajectory by launching an office in Boston. Both cities are widely viewed as areas of great healthcare innovation and naturally Vynamic felt it was a great fit to be in both markets to service our expanding client base,” comments the CEO. The consulting firm – known in the US for innovations such as banning late-night emails and providing employees with treadmill desks – picked Boston because the city shares many similarities with Philadelphia beyond being a hub for the health care and biopharmaceutical industries, says Calista. “Philadelphia and Boston are rich in culture — historical culture and popular culture” adding “Both are known for being the first in so many things.” Boston is for instance home to the first public park, first newspaper and first public library, while Philadelphia is home to the country’s first hospital, first stock exchange and first zoo.
The new office opened in May this year, and has initially been staffed with around half-dozen employees. In the past months the firm has recruited a number of new consultants, with larger plans in place to add 10 to 15 staff members a year, which mirrors the company growth in Philadelphia.