Health IT continues to be one of the fastest growing and most competitive Federal markets. Below are 5 companies who have proven they came to play by making big investments and big moves over the past three months to position for near and long-term opportunities in Federal Health IT.
SRA has been busy this winter redoubling its efforts in Federal Health IT. They have made a series of changes to their business development team including the recent hire of JR Glass to focus on HHS opportunities. SRA has historically focused on strong and organized capture efforts and we expect JR will be focused on CMS ESD II among other opportunities. Named a Top Large Business to partner with for DHA HITS Generation 1 in mid-January, SRA continues its big moves in the market by acquiring Qbase Government Services. Qbase had strong prior relationships at MHS and was also identified as one of the top large businesses best positioned to win at DHA. This purchase by SRA further solidifies their big data chops and provides them with highly skilled software and data architects, developers, and data scientists.
Accenture – While few firms have the resources they do, it is still hard not to be impressed by the moves that Accenture continues to make in the Federal Health space. From the continued marketing efforts around their bid on DHMSM to key acquisitions and key hires, they just keep coming. Most notably this quarter was the recent acquisition of Agilex, a major player in the Federal Health Space in their own right. The rich do get richer as the Agilex acquisition bolstered their footprint and ability meet some of the most complex challenges. Another relatively recent acquisition by Accenture, ASM Research, continued to add to their Health BD and capture team with hires of industry veterans such as Brian Cunningham and Helen Epstein.
DS Federal – Building on recent success as the 4th fastest growing company in the Federal Contracting Space nationwide by Inc. Magazine, DS Federal wasted no time making additional investments, by bringing on board Ann Kenny as Vice President, Health and Life Sciences. In early March, DS Federal was awarded Best Mobile App at the 2015 Federal Health IT Innovation Awards for the Ladder Safety Mobile App they developed for CDCs National Institute for Occupational Safety and Health (NIOSH), and just announced is that CEO Sophia Parker has been awarded Small Business Person of the Year for the State of Maryland. The impressive streak of wins and public notoriety DS Federal continues to receive doesnt happen by accident.
Maximus is the latest to make moves in Federal Health IT. With impressive health capabilities, but a relatively small footprint in the Federal health market, Maximus leapt onto the scene in a big way by acquiring Acentia. Acentia had already been making big hiring moves and acquisitions themselves as they positioned for IDIQ opportunities, DHITS Generation 1 and CMS ESD II on the horizon. From adding BCA and its CDC CIMS contract to hiring John Dorman to lead its DHA work, Acentia was aggressively targeting Federal Health IT. Now, Maximus inherits this focused commitment and combines it with its strength in eligibility and enrollment, payer systems, and big data.
After seeing a 50% sales increase in 2014, Cognitive Medical Systems started the year out hiring Retired AF CMIO Rocky Reston, further solidifying their knowledge, experience and relationships with the Military Health System and the legacy systems being modernized by DHA. Cognitive has been actively pursuing a sales director and this spring they maintained their visibility by showcasing at the DHITS Gen 1 Teaming in mid-January. With a leadership team that has grown businesses in this space time and again, you can expect to see more of this SDVOSB and EDWOSB as they have done nothing to diminish their listing as one of the Top 25 Small Businesses you should know for DHA HITS Generation 1 IDIQ.
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