Society of Hospital Medicine

What Society of Hospital Medicine does

The Society of Hospital Medicine (SHM) is a U.S.-based nonprofit professional medical society founded in 1998 and headquartered in Philadelphia, Pennsylvania. SHM is the first and only medical society dedicated exclusively to the hospital medicine specialty and claims to represent more than 57,000 hospitalists — physicians who specialize in the care of hospitalized patients — across the United States, with global reach through its online Hospital Medicine Exchange (HMX) community. The organization's mission is professional development, continuing medical education, certification support, advocacy, and advancement of the field of hospital medicine, with cited evidence linking hospitalist practice to reductions in length of stay, hospital costs, and readmission rates.

SHM's product platform spans peer-reviewed publications (Journal of Hospital Medicine, indexed via Wiley; The Hospitalist magazine), flagship in-person conferences (SHM Converge, Leadership Academy, Academic Hospitalist Academy, Quality & Safety Educators Academy, Pediatric Hospital Medicine Conference), and digital education infrastructure including the SHM Learning LMS, SPARK ABIM exam-prep subscription, the HMX online community, and the Career Center job board. Membership and credentialing offerings include Fellow and Senior Fellow designations, special interest groups, advisory councils, committees, and 60+ local chapters. Practice-management resources include the State of Hospital Medicine Report (incorporating MGMA benchmarking data), the Hospital Medicine Workforce Experience Report, the Well-being Advocates Toolkit, and a clinical-topics library covering conditions from COVID-19 to opioid use disorder, VTE, and point-of-care ultrasound.

The revenue model is diversified across recurring membership dues, paid conference registrations, on-demand digital content (priced at $525-$685 for flagship products, $445-$595 for industry reports, $40-$75 for guides), publication subscriptions, career-center recruitment fees, and limited educational grants from industry partners such as Bayer. Pricing is tiered by membership status, with members receiving discounted rates across all products and events. Distribution is multi-channel: an e-commerce storefront, a self-serve learning portal and community platform, in-person events, 60+ regional chapters, and email, social, and advocacy channels. SHM operates as an independent member-governed nonprofit under Pennsylvania law, without external investors or parent-company ownership.

Name

Society of Hospital Medicine

Legal name

Society of Hospital Medicine

Website

https://hospitalmedicine.org

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

The Society of Hospital Medicine is a U.S. nonprofit professional medical society founded in 1998 and headquartered in Philadelphia, representing more than 57,000 hospitalists through membership, peer-reviewed publications, annual conferences, online learning, certification support, advocacy, and 60+ local chapters.

Ownership category

akta.pro rank

Product category

Professional Medical Society

SIC

Services-Misc Health & Allied Services, Nec (8090)

akta.pro industry

PRIMARYEDAAALAC

Healthcare Clinical Professions (CME/CE for Nurses, Allied Health, Pharmacy)

Education/Adult & Continuing Education/Professional Licensure & Continuing Professional Education (CE/CPE)

Keywords

• Hospital medicine education
• Medical professional society
• Healthcare continuing education
• Clinical practice resources
• Medical specialty association

Headquarters

HQ city

Philadelphia

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Membership Dues: SHM generates revenue through annual membership fees from hospitalists and healthcare professionals. The organization states it is the first and only association dedicated to supporting hospital medicine professionals.
2. Educational Products and Programs: SHM sells educational materials including the Co-Management Program Guide ($40 member/$75 non-member), SHM Converge On Demand 2026 ($525-$685), State of Hospital Medicine Report ($445-$595), and various CME courses and webinars.
3. Conferences and Events: SHM hosts major conferences including SHM Converge (annual, Las Vegas), Leadership Academy (Scottsdale, AZ), and various specialty academies. These events generate registration fees and sponsor revenue.
4. Publications: SHM publishes the Journal of Hospital Medicine and The Hospitalist magazine, which may include subscription components and advertising revenue.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels9 records

Core offering

The Society of Hospital Medicine (SHM) is a professional medical society serving hospitalists and the broader hospital medicine community. It sells individual and group memberships, hosts the annual SHM Annual Conference (HM25) and chapter events, publishes The Hospitalist newsletter and the peer-reviewed Journal of Hospital Medicine, and delivers online continuing medical education through platforms such as HMX and SHM Learning. SHM also produces practice management resources, quality improvement tools, and advocacy materials supporting the hospital medicine specialty.

Product overview

The Society of Hospital Medicine (SHM) is a medical society offering a multi-platform portfolio of products and services for hospitalists. The core offerings include peer-reviewed publications (Journal of Hospital Medicine, The Hospitalist magazine), annual conferences (SHM Converge, Leadership Academy, Academic Hospitalist Academy, Quality & Safety Educators Academy, Pediatric Hospital Medicine Conference), and online learning platforms (SHM Learning, Spark exam prep). SHM provides professional credentials (Fellows/Senior Fellows Designations), industry research reports (State of Hospital Medicine Report, Workforce Experience Report), an online member community (HMX - Hospital Medicine Exchange), career services (Career Center), and advocacy resources (Letters to Policymakers, Grassroots Network). The organization also publishes educational guides (Building and Sustaining Co-Management Programs) and clinical topic resources covering conditions such as COVID-19, heart failure, and opioid use disorder.

Differentiator

Problem solved

Functional benefit

Products and services

• SHM Membership Annual membership program granting hospitalists access to the SHM member community, clinical resources, member directory, advocacy representation, discounts on conferences and education, and a subscription to The Hospitalist. Multiple tiers are available, including Active, Associate, Resident/Fellow, Student, Affiliate, and Institutional/Group memberships.
• SHM Annual Conference (HM25) Multi-day annual national conference offering CME-accredited clinical sessions, hands-on workshops, plenary talks, poster presentations, and networking opportunities for hospitalists and healthcare professionals practicing in hospital settings.
• The Hospitalist Monthly print and digital news publication targeted at practicing hospitalists, delivering clinical updates, regulatory news, career guidance, and coverage of issues affecting the hospital medicine specialty.
• Journal of Hospital Medicine (JHM) Peer-reviewed monthly academic journal publishing original research, reviews, clinical care articles, and quality improvement studies relevant to hospital medicine practitioners and researchers.
• HMX (Online Learning Platform) Web-based learning platform offering on-demand CME courses, clinical training modules, board review materials, and self-paced educational content for hospital medicine professionals.
• SHM Learning Online education portal hosting live and recorded webinars, virtual courses, learning pathways, and CME-accredited activities for hospitalists seeking ongoing professional development.
• SHM Practice Management Resources Toolkits, guides, and resources supporting the operational and administrative needs of hospital medicine programs, including staffing models, quality improvement frameworks, and leadership development materials.
• SHM Advocacy and Policy Representation Advocacy services that represent hospitalists' interests before federal agencies such as CMS, Congress, and other stakeholders, including policy briefs, regulatory comment letters, and member mobilization on priority issues.

Quantifiable outcome

• Studies show hospitalists contribute to decreased patient lengths of stay, reductions in hospital costs and readmission rates, and increased patient satisfaction.

Named customers1 record

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• BayerminorGTM or Marketing Partner · 30 June 2026Bayer provided funding support for the SHM NYC/Westchester Chapter Meeting educational presentation on inpatient heart failure care developed by Drs. Lily Ackermann and Ebrahim Barkoudah. All content was independently developed by the physicians with Bayer having no influence over content, attendee selection, faculty selection, or agenda planning.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• American Medical Association: AMA is the broadest U.S. physician membership organization with JAMA, JAMA Network journals, CPT coding products, and extensive CME. It competes with SHM in physician education and credentialing space but is a much larger, multi-specialty incumbent.
• American College of Physicians: ACP is the largest U.S. medical specialty society for internists, providing CME, Annals of Internal Medicine, and MOC resources. It is comparable to SHM as a physician membership society with publications, education, and advocacy, but covers all of internal medicine rather than the narrower hospitalist specialty.
• American College of Chest Physicians: CHEST is a specialty society for chest/pulmonary/critical care physicians offering CHEST Journal, annual meeting, and CME. Like SHM, it monetizes a defined physician specialty through publications, conferences, and education, though its clinical scope differs from hospital medicine.
• American Academy of Family Physicians: AAFP is one of the largest U.S. primary care specialty societies with journals, annual FMX conference, and CME. Like SHM, it operates a dues, publication, conference, and CME model — though serving family physicians, some of whom practice as hospitalists and overlap with SHM's audience.
• American College of Emergency Physicians: ACEP represents emergency physicians with Annals of Emergency Medicine, annual Scientific Assembly, and EM-specific CME. Comparable to SHM in monetizing an acute-care physician specialty through memberships, publications, conferences, and education.
• American Academy of Pediatrics: AAP is a large pediatric medical society with Pediatrics journal, annual conferences, and extensive CME. It is comparable to SHM as a specialty society with parallel offerings — and is directly relevant given SHM's Pediatric Hospital Medicine conference, making it both a broad incumbent and a partial direct peer in the pediatric hospitalist space.

Direct peers

• Society of Critical Care Medicine: SCCM is a medical specialty society for critical care physicians with Critical Care Medicine journal, annual congress, and robust educational portfolio. Comparable to SHM in business model — dues, conferences, journals, CME — and in serving an inpatient physician specialty.
• American College of Healthcare Executives: ACHE is a professional society for healthcare executives with Congress on Healthcare Leadership, FACHE credential, and journals. Like SHM, it is a membership society monetizing dues, conferences, publications, and professional credentials for a defined healthcare professional audience.
• Infectious Diseases Society of America: IDSA is a physician specialty society with Journal of Infectious Diseases, IDWeek conference, and CME programs. Directly comparable to SHM in operating model — membership society with peer-reviewed journal, large annual meeting, clinical guidelines, and policy advocacy for an inpatient-relevant specialty.
• Society of General Internal Medicine: SGIM represents academic general internists including hospitalists, with peer-reviewed journals (JGIM), annual meetings, and CME offerings. It is a direct peer in membership society structure, CME delivery, and the hospitalist/academic internal medicine audience, though broader than SHM's pure hospitalist focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/shmlive
• YouTubeyoutube.com/user/SHMLive
• Facebookfacebook.com/hospitalists
• LinkedInlinkedin.com/company/society-of-hospital-medicine
• Instagraminstagram.com/societyhospmed

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Society of Hospital Medicine