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The Advisory Board Company To Acquire Concuity
Date:3/2/2010

ove their financial performance.

Robert Musslewhite, Chief Executive Officer of The Advisory Board Company, commented, "We are thrilled to bring Concuity on board to augment our robust revenue cycle portfolio and further take advantage of the tremendous growth opportunities in this space.  The health care revenue cycle market is $3B+ and growing, with hospitals tapping revenue cycle solutions both to improve current financial performance as well as to drive strategic advantage in addressing payment reforms and mounting contracting complexity.  This terrain is an incredibly important part of our business today, comprising relationships with more than 1,400 health care CFOs across the country and spanning ten of our programs, including seven of our software-based programs.  In the context of our research and daily service interactions with our large membership base -- and the insight those interactions provide into best practice processes and technologies -- it is clear that Concuity offers the right solution to better manage profitability and margins in a still difficult environment."

Mr. Musslewhite continued, "Further, as health care continues to evolve and new delivery models develop to meet the imperative for value-based care, the revenue cycle terrain will only become more complex and important to our members, who will increasingly seek to coordinate care, manage risk, and administer contracts across a broader spectrum of both hospital and physician services.  While this evolution is challenging
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