Category Team

Healthcare Consulting

Michael Steve Franey

of Franey & Associates

Timely products and processes that have internal commitment, are implementable, and provide immediate value by directly addressing a client’s goals, challenges and/or opportunities.


Management Consulting as a field started in the late 1900s. The original firms focused on efficiency and quality in the manufacturing sector. Health Care Management Consulting began in the late 1960s as medical care became a true industry sector and health insurance provided opportunities for growth.


Company Profile: Steve Franey

Steve has been in the healthcare field for 33 years, 26 of which have been in consulting with Booz, Allen & Hamilton; Abt Associates; and his own firms—Franey & Associates Consulting, Inc. and Franey, Thompson & Associates, Inc. The range of his work includes strategic planning, business start-up and development, clinical integration, governance & organization structuring, organizational development, operations assessment, quality and performance improvement, compensation system modeling and design, leadership development and training, and financial planning.

During his career, Steve has served as a chief operating officer of a hospital, been a chief executive officer of a large multi-specialty clinic, been a nursing home administrator, as well as worked both nationally and internationally.

Steve is a graduate of Occidental College with Bachelor of Arts degree in Mathematics and Chemistry. He received his MBA from the University of Chicago in Hospital Administration and Finance.