M&A: CIO-SP3 Prime spins off $6.7B analytics and consulting firm

Xerox spins off $6.7 billion analytics and business process specialist Conduent – January 3, 2017, By Tom Sullivan, HealthcareITNews

Xerox on Jan. 3 announced that its business process services unit is has now become an independent and publicly-traded entity known as Conduent.

“As a standalone company, Conduent will bring a more refined focus, knowledge, depth and understanding to be an essential partner to healthcare organizations,” said Rohan Kulkarni, vice president of strategy and portfolio at Conduent Health.

Conduent, which estimated it will bring in $6.7 billion in annual revenue, will also offer the same technologies and services that Xerox offered, including the Midas+ healthcare analytics and workflow package, Care Integration Services, Health Outcomes Services, and the array of Virtual Health Solutions, including telehealth offerings.

“Beyond these provider-focused offerings, we’ll continue to work with payers, governments and pharmaceutical companies,” Kulkarni added.

Those offerings include claims processing, managing state governments payments to providers, and pharmaceutical product lifecycle management.

“Conduent will continue to work closely with clients across the entire healthcare ecosystem to help them improve the patient experience and health outcomes at a lower cost,” Kulkarni said…

G2X TAKE: While this large technology firm has not had a lot of success using the NITAAC vehicle, the news of a spin-off group that will offer “analytics, telehealth and workflow tools among its healthcare-centric products and services” will have both competitors and potential partners taking notice.

The few wins that G2X was able to identify for Xerox using CIO-SP3 were for tasks outside of Federal Health, but the new Conduent organization has clearly set their sights on health as a primary area of focus. With a rather impressive set of commercial and government health expertise, this is an interesting partner option for opportunities that come out on CIO-SP3, and elsewhere.

We should note that there has been no official announcement that Conduent will take the CIO-SP3 contract with them, but the contract vehicle is listed on their new site.


Tagged: , , ,

This topic contains 0 replies, has 1 voice, and was last updated by  G2Xchange Editor 4 years ago.

  • Author
  • #22993
     G2Xchange Editor
    • Web Site Editor
    • G2Xchange

    Replies viewable by members only


You must be logged in to reply to this topic.


Questions?. Send us an email and we'll get back to you, asap.


©2021 G2Xchange all rights reserved | Community and Member Guidelines | Privacy Policy | About G2Xchange Health

Federal Government Employees Join Free

As a special thank you to all the federal agencies that have been supportive of our efforts over the years we offer a free individual membership to Federal Government employees.  Membership includes:

Full Access to the G2Xchange Health website, including exclusive member content.

Access to Forums, Comments, and Discussions

Member Directory

Private Messaging

The G2Xchange Health Daily Take Newsletter which includes the latest intelligence, news, and happenings from across the Federal Health IT Market.

Exclusive Discounts on G2Xchange Events and G2Xchange Partner Events.

Click Here to Join


Opportunities. Starting Points.

About our Data

The Vault is a listing of expiring contracts, task orders, etc. within a certain set of parameters, to include:

  • Have an initial total estimated contract value of $3 million or above
  • Federal Health Only – MHS/DHA, HHS, CMS, or VA Actions
  • NAICS codes include: 511210, 518210, 519130, 519190, 541511,
    541513, 541519, 541611, 541618, 541690, 541720, 541990
  • Were modified within the last 12 calendar months
  • The data represented is based on information provided by the Government

Who has access? Please note that once the Vault product is no longer in the Beta testing phase, ALL G2Xchange Health Members will receive access to all basic and much of the advanced data. G2Xchange Health Corporate Members will receive access to ALL Vault content (basic and advanced).

Feedback/Suggestions? Contact us at Vault@G2Xchange.com and let us know what you think. 

G2Xchange Health

Log in with your credentials
for G2Xchange Health

Forgot your details?