The Advisory Board Company announced this afternoon that it has acquired Care Team Connect. The Evanston, IL company offers an integrated, Web-based care management platform for population health management.
Care Team Connect will be positioned under the The Advisory Board Company’s Crimson organization and the name Crimson Care Management. Crimson offers hospital-physician alignment performance technology that include analytics and business intelligence.
The Advisory Board Company also announced that SVP Glenn Tobin, PhD, has been promoted to CEO of the Crimson unit, replacing Paul Roscoe. Tobin joined the company in September 2012 and has previously served as COO of CodeRyte and Cerner.
Tobin was quoted as saying about the acquisition, “Care Team Connect (CTC) is a powerful complement to our Crimson physician analytics suite as it makes it easier for caregivers to implement our best-in-class analytics through lightweight and mobile workflows. As in other parts of our broad technology suite, ABC was led to CTC by our progressive members. The research arm of the Advisory Board profiled Care Team Connect as a best-in-class provider of care management technologies in our research for hospital and health system CEOs over the last two years. Additionally, our Crimson member MissionPoint asked the Advisory Board and Care Team Connect to coordinate much more closely to best serve the emerging MissionPoint’s needs for advanced population health capabilities. Through these channels we came to see the unique and valuable capabilities CTC had developed.”
HIStalk interviewed Care Team Connect Founder Ben Albert in May 2013. When asked how the company’s product fit in among analytics offerings such as those of the Crimson business, he said,
But as soon as a client really digs in and says, OK, how are we actually going to manage the population? Not how are we going stratify and identify the population, but how are we actually going to manage the population and all of these care coordinators we’re hiring now? How are we going to power their workflow in a way that we’re sure that they are going to follow the right patients and that we’re going to get the yield out of the initiative that we anticipated getting? It’s the next step. People recognize that as a major need. We sit on front of it to make it all happen. But until there is that understanding of what analytics is really built around — and it’s really built around crunching the data and what we do, which is built around workflow and coordinated care — I think the market does get confused until they understand the difference.