A global consulting firm, which has been tapped by HHS to help manage and audit billions of dollars in coronavirus relief for hospitals, has worked for at least ten hospitals and chains that have received federal recovery funds
The global consulting firm McKinsey, which has been tapped by the Department of Health and Human Services to help manage and audit billions of dollars in coronavirus relief for hospitals, has worked for at least ten hospitals and chains that have received federal recovery funds, according to tax records and other public disclosures.
Among those that have already received payments are at least ten hospitals and chains that have in recent years retained McKinsey & Company’s extensive healthcare business, which employs more than 1,700 consultants. The hospitals have paid as much as $20 million for McKinsey’s services in a single year as they seek to streamline costs and boost revenue, according to public disclosures.
An HHS spokesperson said: “McKinsey does not determine payment methodology or priority of how payment should be made. The purpose of this contract is to develop and implement a framework for project management and project planning, which will be applied across the Provider Relief Fund portfolio of projects.”
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