A.D.A.M., Inc.

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A.D.A.M., Inc. was a NASDAQ-traded public company based in Atlanta, Georgia, that provided consumer health information and benefits technology products to healthcare organizations, employers, consumers, and educational institutions. A.D.A.M.'s products include a medical encyclopedia, which in 2009 was announced to be incorporated into MedlinePlus,[1] and the Benergy benefits communication and healthcare decision support platform.

Its 2009 assets were U.S.$39 million and its 2009 revenues were U.S. $28 million.[2]

Founded in 1990 and headquartered in Atlanta, Georgia, the company’s former president and chief executive officer was Mark Adams, and its interim chief financial officer was Chris Joe.

In 2011 Ebix Inc. acquired ADAM Inc. for $66 million dollars. This acquisition was being investigated by Bull & Lifshitz, LLP as well as a number of other law firms for possible breaches of fiduciary duty.

Contents

Broker and employer solutions

The company provided products that brokers use in their own agencies, and online employee benefits products utilized by brokers to manage their agencies.

Health solutions

The company also provided online consumer health information and products to hospitals, healthcare organizations, consumer health portals and health plans. The 'Multimedia Encyclopedia' includes over 3,900 consumer health articles and over 3,000 medical illustrations and images. In addition to the encyclopedia, other products include The Body Guide, Symptom Navigator, Drug Tools, Health Risk Assessments, Wellness Tools, Care Guides, Health Centers, Quick Sheets, and more. Clients include Medline Plus, about.com, The New York Times, and leading hospitals across the U.S. [3] [4]

Education solutions

A.D.A.M. Education creates online learning resources for teaching and learning about the human body and how it functions.

Mobile presence

In 2009, A.D.A.M. brought out its free iPhone application, 'Medzio' giving access to thousands of consumer health articles, local healthcare services and expert-driven discussions.

References

  1. ^ "National Library of Medicine Taps A.D.A.M. Multimedia Encyclopedia". Wireless News (Close-Up Media). April 1, 2009. 
  2. ^ A.D.A.M., Inc. 2009 10-K filing with the SEC
  3. ^ http://finance.boston.com/boston?GUID=5478969&Page=MediaViewer&Ticker=ADAM
  4. ^ http://www.reuters.com/article/pressRelease/idUS138527+08-Jan-2008+BW20080108

External links