MedTechIQ_3Helix InSight Engine-Beta
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Triple Helix Discovery Engine
Archives & Legacy
*Driving Forces: Medical Informatics & Health Information Technology (Health IT)_EHR, PHR & HIE (Trends & Technology)_2014-2021
2014: KLAS Ranks Phytel Highest Among Population Health Management Vendors
The Advisory Board Company (ABCO)_#39 HIT Revenues 2013 (HCI 100)
Organization & Developments: Advisory Board
Parents
The Advisory Board Company (ABCO)_#39 HIT Revenues 2013 (HCI 100)
Children
*Collect data from wiki members, analyze data, establish & sell best practices
*Customers pay subscription fees upfront, though the company recognizes the proceeds over 12 months
*Potential clients include drug and medical device manufacturers.
17% growth in ABCO revenues
2015: Bowser offers $60M in tax breaks to keep Advisory Board Company in DC
2016: Advisory Board lays off 220 employees after revenue drops post-election_modernhealthcare
2017: Advisory Board Co. considering potential sale_modernhealthcare
2018: NIH_Clinical Center_Advisory Board
2445 M Street, N.W.
80% of cost focused on sales, marketing & customer relations
About 250 of the company's 445 employees are researchers.
Clinical Technology Assessment Program
Company looking for new growth channels.
Contract Value
Customers buy 2 to 3 programs/year.
For a set fee, Advisory Board has begun to assist customers in implementing best-practices findings.
For growth to continue, the company must keep introducing new programs
Get 80% of the cash in the first three to four months of the year
Provides best practices research and analysis to the health care industry, focusing on business strategy, operations and general
The Advisory Board is a membership of 2,500 of the country's largest and most progressive health systems and medical centers.
The average contract price per member is $39,681.
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*Key People: Advisory Board Company
Finance & Acquisitions: Advisory Board