The Advisory Board Co. has acquired a small Arizona technology company, Medical Referral Source Inc., for $11.5 million, the company announced on a conference call with investors Wednesday. Medical Referral Source runs a Web-based software program that streamlines patient referrals from primary-care doctors to specialists. Advisory Board executives expect to bolt that capability onto its existing medical management software tools. The deal closed July 8.
Meet the Desert Angels CEO
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Joann MacMaster was elected to be the Chief Executive Officer of Desert Angels, Inc. in January 2020. Prior to taking on the CEO role with Desert Angels, MacMaster served as the Sr. Director of Venture Development for the University of Arizona’s TLA team, focused on the commercialization of university research through the development of startup companies. She has served as a startup founder, mentor, investor, and educator, and is a recipient of the Larry Hecker and Sherry Hoskinson Lasting Community Builder Award. She is an AUTM board member and UA Academic Leadership Institute Fellow and previously served as President of the Arizona Business Incubation Association. She returned home to Tucson in 2000 after living and working in Europe for over a decade and holds an MBA from Edinburgh University Scotland.
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