37 | AD­VI­SORY BOARD CO.

Modern Healthcare - - HEALTHCARE’S HOTTEST -

WHAT IT DOES:

The Ad­vi­sory Board Co. ad­vises hos­pi­tals and physi­cians on op­er­a­tions man­age­ment, as well as pro­vides re­search and tech­nol­ogy ser­vices to health­care or­ga­ni­za­tions. HOW IT GREW:

“We have al­ways tried to find the most in­no­va­tive so­lu­tions to health­care prob­lems,” says Ad­vi­sory Board CEO Robert Mus­sle­white. That striv­ing for in­no­va­tion led the com­pany to de­velop a cloud com­put­ing sys­tem five years ago that to­day makes up more than 50% of the com­pany’s busi­ness. Ac­cord­ing to Mus­sle­white, the com­pany’s Web­based sys­tem tracks and an­a­lyzes data from 45% of all in­pa­tient ad­mis­sions in the U.S. The data is used to of­fer providers sug­ges­tions to im­prove physi­cian align­ment, rev­enue-cy­cle man­age­ment and other ar­eas.

Launched in 2003, Ad­vi­sory Board’s cloud-com­put­ing plat­form, Per­for­mance Tech­nolo­gies, al­lows the com­pany to pro­vide so­lu­tions based on more in­for­ma­tion than is avail­able to other con­sult­ing groups, and to track the ef­fi­cacy of those so­lu­tions to de­tect and pre­vent back­slid­ing.

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