07.22.11
Science Applications International Corp. (SAIC) will acquire Vitalize Consulting Solutions (VCS), Inc., a provider of clinical, business and IT services for healthcare companies. VCS provides IT services including strategic consulting, system implementation, operational improvement, custom reporting, training, education and knowledge transfer. The company specializes in the implementation and optimization of electronic health record (EHR) systems from major commercial-off-the-shelf vendors, as well other practice management areas.
The acquisition adds to SAIC’s existing government health solutions business and is intended to provide opportunities for growth as commercial and federal health markets converge. It will also provide entry into the commercial health provider market, as well as the ability to leverage its information integration and data analytics expertise with VCS’ healthcare IT and clinical workflow optimization capabilities.
Approximately 600 VCS employees 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 Joe Craver, SAIC Group president. The acquisition is expected to close in early August, subject to customary closing conditions. Financial terms were not disclosed.
“Acquiring VCS enables SAIC to increase its presence in the commercial and federal healthcare space by offering solutions that meet our customers’ critical needs, while offering the opportunity for cost reduction and improved patient care,” said Mr. Craver.
The acquisition adds to SAIC’s existing government health solutions business and is intended to provide opportunities for growth as commercial and federal health markets converge. It will also provide entry into the commercial health provider market, as well as the ability to leverage its information integration and data analytics expertise with VCS’ healthcare IT and clinical workflow optimization capabilities.
Approximately 600 VCS employees 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 Joe Craver, SAIC Group president. The acquisition is expected to close in early August, subject to customary closing conditions. Financial terms were not disclosed.
“Acquiring VCS enables SAIC to increase its presence in the commercial and federal healthcare space by offering solutions that meet our customers’ critical needs, while offering the opportunity for cost reduction and improved patient care,” said Mr. Craver.