Impact Advisors Receives Best in KLAS #1 Overall IT Services Firm Alongside Three Additional Best in KLAS Awards

28 Awards Received Over 16 Consecutive Years

CHICAGO (February 8, 2023) — Impact Advisors, a leading healthcare management consulting firm, has been named Best in KLAS #1 Overall IT Services Firm and #1 Best in KLAS for Security & Privacy Consulting Services, ERP Implementation Leadership, and Financial Improvement Consulting in the “2023 Best in KLAS: Software and Services Report”. The firm has earned 28 KLAS distinctions over the last sixteen years, which is more than double other service providers.

This is the sixth time Impact Advisors has received Best in KLAS Overall IT Services Firm, the third consecutive year the firm has received Best in KLAS Security & Privacy Consulting Services, and the first award for Best in KLAS ERP Implementation Leadership and Best in KLAS Financial Improvement Consulting.

“We are truly honored by the ongoing support of our clients. Receiving Best Overall IT Services Firm alongside three additional Best in KLAS awards validates we have maintained our excellence in the IT realm while also exceeding client expectations with our newer, expanded capabilities,” said Andy Smith, managing partner and co-founder of Impact Advisors. “We’ve been able to achieve these results because our associates are leading experts in the industry who are delivering high-quality services to help our clients take care of their patients and communities.”

The Best in KLAS report recognizes software and services companies that excel in helping healthcare professionals improve patient care. All rankings are a direct result of the feedback of thousands of providers over the last year. A Best in KLAS award signifies to the healthcare IT industry the commitment and partnership that the top vendors should provide. Companies are ranked across several categories, including loyalty, operations, relationships, services, and value.

A CIO shared thoughts on working with Impact Advisors in June 2022, “My first call is always to Impact Advisors. Due to the leadership and culture of their company, Impact Advisors exceeds my expectations. I look for a firm I can absolutely trust, so it is huge for me to know that I can trust Impact Advisors. The executive involvement is very appropriate. I can call the firm, and if there is any issue, it will be dealt with very easily. I know that in any workstream, the quality will be high.”

Ranked #1 Best Overall IT Services Firm

The Overall IT Services Firm ranking is reserved for those firms that have a minimum of three separate IT services that are ranked or newly rated in four separate market segments. Impact Advisors received a score of 92.3 for Overall IT Services Firm.

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Ranked #1 for Security & Privacy Consulting Services

The Best in KLAS Security & Privacy Consulting Services designation is awarded to firms who help organizations assess, enhance, and develop security and privacy programs through technical or advisory work, which should result in a more secure and private environment. Services include security risk assessment, HIPAA privacy assessment, virtual/interim CISO, and penetration, vulnerability, network web application, and security testing.

Impact Advisors received a score of 99.5 for Security & Privacy Consulting Services.

Ranked #1 for ERP Implementation Leadership

The Best in KLAS ERP Implementation Leadership designation is reserved for firms that are engaged in overall implementation and provide project managers and/or technical staff for ERP projects. The firm must demonstrate at least two of the three following key competencies: business transformation, application implementation management, and technical expertise. Services usually span the implementation life cycle, including implementation planning, change management, project management, system build/integration and end-user training. Firms are expected to have consultants with both depth and breadth of experience.

Impact Advisors received a score of 96.6 for ERP Implementation Leadership.

Ranked #1 for Financial Improvement Consulting

The Best in KLAS Financial Improvement Consulting is awarded to firms focused on improving the financial performance of a healthcare organization, which could include reducing cost, increasing net revenue, and/or improving efficiency. Engagements often assist with redesigning the revenue cycle of the organization, are very large in scope and investment (i.e., exceed a minimum of $500K), and are over six months in duration.

Impact Advisors received a score of 94.4 for Financial Improvement Consulting.

16 Consecutive Years of KLAS Recognition

“Our mission is to create a positive impact for our clients and these recognitions demonstrate that our team is succeeding in upholding those values,” said Pete Smith, managing partner and co-founder of Impact Advisors. “We strive to create a top-notch culture within the firm and are thrilled to be celebrating 16 years of receiving accolades from KLAS in both new and repeated award categories.”

Over the last 16 years, Impact Advisors has received 28 KLAS Research recognitions including:

  • Best Overall IT Services Firm (2012, 2013, 2014, 2015/2016, 2019, 2023)
  • Best in KLAS: Security & Privacy Consulting Services (2021, 2022, 2023)
  • Best in KLAS: ERP Implementation Leadership (2023)
  • Best in KLAS: Financial Improvement Consulting (2023)
  • Best in KLAS: HIT Implementation Leadership – Large (2018, 2019, 2020)
  • Best in KLAS: IT Advisory Services (2015/2016)
  • Best in KLAS: Clinical Implementation – Principal (2011, 2012, 2013, 2014)
  • Best in KLAS: Planning and Assessment (2008, 2009, 2010, 2012)

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  • Best in KLAS: HIE Consulting (2012)
  • Category Leader Award: Clinical Optimization (2017, 2018, 2019)
  • Category Leader Award: Revenue Cycle Optimization (2018)

Impact Advisors will attend the Best in KLAS Awards Ceremony on April 17th.

About Impact Advisors

Impact Advisors is a leading healthcare management consulting firm committed to solving the industry’s emerging and evolving challenges. Our high-performing team of clinical, financial, operations and technology experts collaborate to architect quality solutions and deliver measurable value for our clients. We are the most awarded consulting firm in healthcare, with services recognized among Best in KLAS® for 16 consecutive years and a culture designated “Best Place to Work” by Modern Healthcare for 13 years. To learn more about our service quality and innovative culture, visit www.impact-advisors.com.