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CADTH_2014_D6_Longwoods_Publishing_Presentation

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Are Journals Still Relevant in The Electronic Age?

Are Journals Still Relevant in The Electronic Age?

Published in: Health & Medicine

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  • 1. Peggy Leatt | Ross Baker | Brian Hutchison | Jennifer Zelmer | Dot Pringle | Lynn Nagle | Adalsteinn Brown | Judith Shamian Every one of them capped with a PhD and leaders in their fields. And the many ad hoc editors, contributors, reviewers, promoters & believers
  • 2. Private Business started on a Leatt and a promise. • 5 journals in print + various books • Multiple eLetters • Multiple events [~ 12 p.a.] • Video briefings / +100 • Significant awards / various • Jobsite + a virtual library: everything online
  • 3. Check it out • Healthcare Policy indexed in: PubMed Central, CINAHL, CSA (Cambridge) Ulrich’s, Embase, IndexCopernicus, Scopus and partnered with HINARI • Healthcare Quarterly: ditto • CJNL additionally indexed in Medline, Nursing Citation Index, Nursing Abstracts • World Health additionally indexed in CAB Abstracts, Global Health, Medline/PubMed • HealthcarePapers indexed in PubMed/Medline, CINAHL, Scopus, ProQuest, Ebsco Discovery and partnered with HINARI
  • 4. • Five academic journals • Exceptional editors in chief • No shortage of authors or readers, All the publishing support services to tie it together. We do that on $1 million a year. . . . WHAT DOES IT REALLY TAKE?
  • 5. Here’s what it takes. . . Health Affairs monthly journal published from the United States, funded by a charitable organization: Project Hope
  • 6. How much | from whom 5 years ago Project Hope provided $7,305,993 to Health Affairs. It generated $3,271,274 in revenue. That’s a total of: $10,577,267 Project Hope reported In their annual (2009/10) report for the Internal Revenue Service
  • 7. Health Affairs is owned by Project Hope. From the website we learn that the board includes representatives from: GlaxoSmithKline | Hoffmann-LaRoche | Cardinal Health | Merck & Co., Inc. | Becton, Dickinson and Company | Eli Lilly & Company | Philips Medical Systems | Johnson & Johnson Healthcare Systems | Genzyme Corporation | Medtronic | 3M Company | PharmaKodex Ltd. GlaxoSmithKline | Hoffmann-LaRoche Cardinal Health | Merck & Co., Inc. | Becton, Dickinson and Company | Eli Lilly & Company | Philips Medical Systems | Johnson & Johnson Healthcare Systems | Genzyme Corporation Medtronic | 3M Company | PharmaKodex Ltd. Source: Project Hope Internal Revenue Service Report. Health Affairs is owned by Project Hope – a charitable foundation. The board includes representatives from:
  • 8. Four issues a year. Also highly rated $644,941 for one year. Four issues + some events. $196,809 in revenue $448,132 from Milbank foundation (2009 reports).
  • 9. Milbank Memorial Fund Governed by individuals representing: Venture Capitalist, Exxon Mobil, Physicians, Lawyers, Investors, a Bishop, a Newspaper publisher and others.
  • 10. Start up $9,000,000 Moore Foundation $9 Million for New Open-Access Scientific Journals. PLoS was born. Millions followed from Howard Hughes and other foundations -
  • 11. Check it out PLoS Revenue $24.7 million per annum For the year 2011 PLoS reported 1. advertising income of $463,153, and 2. revenue of $24.7 million which presumably includes publishing fees charged to authors. See http://www.plos.org/wp-content/uploads/2013/12/2011-990T.pdf +
  • 12. longwoods.com