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

for our members, it also presents an extraordinary occasion for us to serve them in broader, deeper, and increasingly beneficial ways, expanding the scope and value of each of our member relationships.

"The Concuity platform provides an immediate strong growth opportunity in this exciting market space and presents new program options through its unique, distinctive, and market-leading core solution, which is both complementary and incremental to our existing business.  The tangible returns we have seen achieved by Concuity customers -- a group that includes the University of Utah Hospitals and Clinics, Providence Health System, Memorial Hermann Healthcare System, and Swedish Medical Center -- are remarkable, a testament to the company's innovative approach, flexible delivery, talented staff, and product functionality and sophistication."

"We are excited to be joining forces with The Advisory Board Company," said Suzi Meschbach, Concuity's Vice President of Operations & Product Development.  "With the successful launch of our latest software release, ClearContracts 9.0, the Advisory Board's members will now have access to a daily workflow tool that goes beyond calculation engines to address the entire contract lifecycle, providing the visibility and control necessary to create and negotiate the best contracts, evaluate and take corrective action on under/overpayments and denials, and collect the payments owed.  Through exposure to and input from the Advisory Board's 2,700 h
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