Company Profile - Advisory Board Company
The Watergate
600 New Hampshire Ave. NW
Washington, DC 20037Phone: 202-672-5600
Fax: 202-672-5700
Website: www.advisoryboardcompany.com
Ticker Symbol: ABCOKey Facts
Specializes in research for health care organizations.
Publishes 25 major studies and 15,000 customized research briefs a year.
Unlike other consultants, it focuses on helping clients think through broad trends in an entire industry's structure and direction.
Key Financial Facts
2002 revenue: $81 million
1-yr. growth rate: 27 percentPersonnel Highlights
Number of employees: 445
1-yr. growth rate: 5 percent
Company Overview
The Advisory Board Company (ABC) falls somewhere between a consulting firm, a think tank, and a publisher. It was founded in 1979 with the grand purpose of answering any question for any company in any industry. By 1993, ABC counted half of the Fortune 500 as member companies or clients.The firm has since narrowed its scope to provide syndicated and customized research only to health care organizations. Its corporate practice was spun off in 1999, forming the Corporate Executive Board, and went public in 2001.
ABC now has a membership of 2,100 of the country’s largest health care systems and medical centers, accounting for nearly 80 percent of its revenue. The firm has doubled in size over the past five years. And the current dreary economic climate has not stopped ABC; revenue increased nearly 30 percent in 2002.
Major Line of Business :Consulting, Health Care
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