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Healthcare's Hottest No. 33: Beacon Partners

By Modern Healthcare
Posted: September 28, 2013 - 12:01 am ET

What it does: Beacon Partners provides advisory services to clients planning and implementing healthcare information technology.

How it grew to become one of healthcare's hottest: Since 1989, Beacon Partners has prided itself on serving as a trusted adviser to a variety of healthcare-related organizations.

President and CEO Ralph Fargnoli Jr. credits strong referrals from existing clients for driving the business' strong growth.

“We've been able to not only continue in core competencies, but grow in other service lines,” he says. Those services include advising clients on readiness for creating accountable care organizations and implementing ICD-10, the next generation of diagnosis and procedure codes.

Fargnoli says Beacon's extensive experience with the major EHR vendors gives it an edge in knowing the strengths and weaknesses of each company's products, allowing it to focus on delivering tailored services to each client.

This is the second year Beacon Partners is one of Healthcare's Hottest.

33. Beacon Partners

Location: Weymouth, Mass.

Top executive: Ralph Fargnoli Jr., president and CEO

Number of employees: 311

Annual revenue (2012): $63 million

Compounded revenue growth (2007-12): 21.4%

Website: www.beaconpartners.com





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