Healthcare Matters

MCLEAN, Va. maxIT Healthcare, the largest private independent healthcare IT consulting company in North America is being acquired by Science Applications International Corporation (SAIC).  maxIT provides a comprehensive range of healthcare IT services and solutions primarily to commercial hospital groups and other medical delivery organizations. These include IT strategy and planning, electronic health record (EHR) implementation and optimization, and management consulting across a broad range of activities such as accountable care transformation, revenue cycle improvement, and support in meeting the U.S. Government’s meaningful use requirements necessary to obtain incentive payments from the government in connection with implementing EHR capability.

maxIT Healthcare has an extensive commercial customer base and has served more than 600 hospitals. It will be combined with SAIC’s Vitalize Consulting Solutions (VCS) team, which SAIC acquired in 2011, bringing together some of the best consultants in the commercial healthcare industry. This combination creates the nation’s largest commercial consulting practice in EHR implementation.

As a result of the acquisition, approximately 1,300 employees from maxIT Healthcare will join SAIC’s Health Solutions Business Unit (HSBU), led by Steve Comber. HSBU is a part of the Health, Energy and Civil Solutions Group, led by SAIC Group President Joe Craver. “The combined strengths of maxIT, SAIC and VCS will be a significant differentiator in the healthcare IT market.

At closing, SAIC will pay approximately $473 million, subject to adjustment, from cash on hand to acquire maxIT Healthcare. In addition, SAIC expects to pay up to $20 million to maxIT Healthcare shareholders after receipt of certain tax refunds following closing. Read more: http://www.defenseprocurementnews.com/2012/07/18/saic-to-acquire-maxit-healthcare-press-release/#ixzz20yh86Guz

Source: PRNewswire

—Tom Finn