FTI Consulting Establishes Healthcare & Human Services Industry Practice in Australia

Rhea-AI Summary

FTI Consulting (NYSE: FCN) has announced the establishment of a dedicated Healthcare & Human Services industry practice in Australia. The expansion includes the appointment of Nathan Schlesinger as Senior Managing Director and practice leader, along with Nicki Doyle as Senior Managing Director, plus six Managing Directors.

The new practice will focus on key industry agendas including system reform, sustainability, digitization, and productivity. Schlesinger brings 25 years of experience in health and aged care consulting, while Doyle contributes 16 years of expertise in aged care policy and reform.

The initiative addresses critical industry challenges including rising costs, workforce shortages, and technological advancements. FTI Consulting positions itself as the only independent and fully dedicated health and human services advisory team with national scale and global capabilities in Australia.

Positive

• Expansion into healthcare sector with establishment of new dedicated practice in Australia
• Strategic hiring of experienced leadership team with deep industry expertise
• Positioning as the only independent health advisory team with national scale in Australia

Negative

• None.

Insights

Healthcare Industry Analyst

The establishment of FTI Consulting's Healthcare & Human Services practice in Australia represents a strategic market positioning move that could significantly impact the company's revenue potential and competitive standing. The Australian healthcare sector, valued at approximately 220 billion AUD annually, presents substantial consulting opportunities, particularly as the industry grapples with post-pandemic transformation and aging population challenges.

The strategic value of this expansion is amplified by three key factors:

• The appointment of Nathan Schlesinger, former PwC Australian Health Industry Leader, provides FTI with immediate credibility and potential client relationships in the region
• The timing aligns with increased healthcare spending and digital transformation initiatives in Australia, creating immediate revenue opportunities
• The integration with existing FTI services in policy, economics, and restructuring enables cross-selling opportunities and higher-value engagements

From a competitive standpoint, FTI's positioning as the only independent, fully dedicated health advisory team with national scale provides a unique market advantage. This differentiation could lead to higher-margin engagements, particularly in complex transformation projects where independence from audit relationships is crucial.

The addition of eight senior professionals, including two Senior Managing Directors and six Managing Directors, represents a substantial investment in human capital. This level of senior expertise typically indicates expected annual revenue generation of 15-20 million AUD per senior leader in healthcare consulting, suggesting significant revenue potential for FTI in the Australian market.

SYDNEY, Feb. 16, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) today announced the establishment of a dedicated Healthcare & Human Services industry practice in Australia with the appointment of Nathan Schlesinger as a Senior Managing Director and practice leader and Nicki Doyle as a Senior Managing Director, as well as six Managing Directors.

Mr. Schlesinger is based in Sydney and has 25 years of experience advising public- and private-sector health and aged care clients in Australia, the United States and Southeast Asia. Ms. Doyle has 16 years of experience supporting public- and private-sector aged care clients in Australia and internationally to navigate aged care policy, reform, regulation and changes to the aged care market.

“FTI Consulting is uniquely positioned as the only independent and fully dedicated health and human services advisory team with national scale and access to global capabilities,” said Mark Dewar, FTI Consulting’s Australia Leader. “This model enables us to forge deep relationships across the industry, so our clients receive tailored, impactful solutions. By combining extensive industry knowledge with the agility of FTI Consulting, we can provide direct access to senior advisors across the country who deliver hands-on support.”

The Healthcare & Human Services industry practice will focus on supporting clients with key industry agendas including system reform and sustainability, digitisation and productivity. FTI Consulting will continue to build on Mr. Schlesinger’s hire with an industry-oriented capability that complements existing FTI Consulting services in policy and economics, operational and digital transformation, financial sustainability, restructuring and risk-oriented services.

In addition to Mr. Schlesinger and Ms. Doyle, Trina Adams, Alicia Boyd, Somer Dawson, Laura Day, Charlotte Gordon and Taahir Kerbelker have joined as Managing Directors to further strengthen the firm’s sector expertise.

John Park, Head of Australia Corporate Finance & Restructuring, said, “The need for support in the healthcare and human services sectors has never been greater, with rising industry costs, workforce shortages and technological advancements. As we navigate a complex environment marked by significant challenges, the sustainability of healthcare, aged care and human services is under immense pressure. We will continue to invest in this practice with additional senior talent to build on expertise in digital health, health operations, analytics, transformation, and health strategy and policy.”

Mr. Schlesinger has extensive experience leading strategic and implementation projects for state and federal government, public health services, private health organisations and the aged care and disability sectors. Prior to joining FTI Consulting, Mr. Schlesinger was the Australian Health Industry Leader and Global Health Services Leader for PwC. Mr. Schlesinger has a passion for system redesign, capacity building and making the health system more patient-centered.

Commenting on his appointment, Mr. Schlesinger said, “We are at a pivotal moment in the care sector, where the sustainability of the system is under significant strain, yet we also have unprecedented opportunities through advancements in technology and treatment. As we face these challenges, it is essential to have the right strategies, the right capabilities and the right mindset in place. I’m excited to join FTI Consulting and build a team that is dedicated to driving meaningful improvements in healthcare and human services while supporting the professionals in these sectors who make such a difference every day.”

The launch of the Healthcare & Human Services industry practice continues the steady growth of FTI Consulting across Australia. Recent appointments include Senior Managing Director Natalie Faulkner and Managing Director Sam Scerri in the Forensic and Litigation Consulting segment, Managing Director Phil Smith in the Technology segment, and Senior Managing Director Keith McGregor and Managing Directors Callum Greig, Ben Icke and Christopher Pattinson in the Corporate Finance & Restructuring segment.

About FTI Consulting
FTI Consulting, Inc. is a leading global expert firm for organisations facing crisis and transformation, with more than 8,300 employees in 34 countries and territories. The Company generated $3.49 billion in revenues during fiscal year 2023. In certain jurisdictions, FTI Consulting’s services are provided through distinct legal entities that are separately capitalised and independently managed. More information can be found at www.fticonsulting.com.

FTI Consulting, Inc.
555 12^th Street NW
Washington, DC 20004
+1.202.312.9100

Investor Contact:
Mollie Hawkes
+1.617.747.1791
mollie.hawkes@fticonsulting.com

Media Contact:
Rebecca Hine
+1.61.7.3225.4972
rebecca.hine@fticonsulting.com

FAQ

What is FTI Consulting's (FCN) new Healthcare & Human Services practice in Australia focusing on?

The practice focuses on system reform and sustainability, digitization and productivity, addressing key industry challenges including rising costs, workforce shortages, and technological advancements.

Who are the key appointments in FCN's new Australian Healthcare practice?

Nathan Schlesinger joins as Senior Managing Director and practice leader, Nicki Doyle as Senior Managing Director, along with six additional Managing Directors.

How does FCN's new Healthcare practice differentiate itself in the Australian market?

FTI Consulting positions itself as the only independent and fully dedicated health and human services advisory team with national scale and access to global capabilities in Australia.

What experience does Nathan Schlesinger bring to FCN's Australian Healthcare practice?

Schlesinger brings 25 years of experience advising public and private-sector health and aged care clients in Australia, the United States, and Southeast Asia, previously serving as Australian Health Industry Leader at PwC.