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 Web-based 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.