In an increasingly complex and value-based marketplace, the challenges and opportunities faced by players across the healthcare economy providers, payers, biopharma, and medical technology are converging around value. This is particularly true for those that fund and manage care (payers) and those that deliver care (providers). Every major change, whether a new treatment, device, technology or process, will require collaboration among industry constituents to manage cost and deliver quality outcomes.
This shift to value, combined with the diffusion of technology, continues to further position the consumer at the center of decision-making about their health and care. The expansion of risk-sharing approaches to managing the health of populations is accelerating collaboration between institutions that formed, came together for hardline negotiations. In short, healthcare is quickly transitioning from a zero-sum game to a community with ever more aligned objectives and incentives.
Recognizing this fundamental shift DRG has embarked on a journey to deepen our offering in the healthcare services space. We are leveraging our market leading expertise and content in global healthcare markets to bring a new wave of analytic, research, and service offerings to the provider and payer segments. We are capitalizing on recent investments in technology (like our 2015 acquisition of Activate Networks) to bring entirely new solutions to these same segments.
Activate Networks uses proprietary algorithms developed out of Harvard social sciences laboratories to understand relationships between people. In order to discover influential leaders and communities. It has a demonstrated track record of helping healthcare companies to unlock the commercial value of their consumer and physician networks.
In summary, we are building on our traditional strength serving the biopharmaceutical industry to deliver solutions across the healthcare marketplace.
In May of 2015, we took the next big step in this journey by welcoming Healthcare Business Insights (HBI) into the DRG family. HBI is a clear leader in the hospital insights market providing trusted best practice research, training, and services to more than 1,600 hospitals across the United States. The dynamic combination of HBI's Provider-focused services. DRG's world-class data and life sciences research will help America's hospitals and health systems successfully navigate the complicated post-Affordable Care Act healthcare landscape.
DRG is at the very beginning of this journey and we invite you to follow along as we continue to develop value-creating offerings for providers and payers.