2021 Vault Rankings
About The Advisory Board Company
D.C.-based Advisory Board Company is a membership-based professional services firm that provides best practices research, analysis, executive education and leadership development, software tools and installation support services, primarily to the health care industry. Members--who are charged a fixed annual fee for access to the firm's services--include thousands of hospitals, health systems, pharmaceutical and biotech companies, health care insurers, medical device companies and universities. Among the members are the top-18 hospitals as ranked by U.S. News & World Report, and 95 of the country's 100 largest health care delivery systems. The firm has also seen signifcant growth in its education operations in recent years, and provides its services to academic institutions, working with university provosts, heads of student affairs and administration leaders.
For its members, the Advisory Board's research and services focus on business strategy, operations and general management issues.
Penny for your thoughts
The Advisory Board believes it can offer the same kind of high-quality services (if not better) that other consultancies offer, but at a lower price. By providing a standardized set of services via its membership model, the firm says it is able to spread its largely fixed program cost structure across the entire list of participating organizations. Members participate in the research and analysis of the programs, and though a few programs include direct billable expenses, the majority have a flat-fee structure based on a member's size and the total number of program memberships selected.
Membership programs are broken down into six areas: strategy and operations research, clinical research, leadership development, business intelligence and analytics, physical performance, and health care industry and international offerings.
2445 M Street, NW
Washington, DC 20037
Phone: (202) 672-5600
Employer Type: Public
Stock Symbol: ABCO
Stock Exchange: NASDAQ
CEO: Robert W. Musslewhite
2017 Employees (All Locations): 3,600