The news just came out that SAIC (NYSE: SAI) will pay $473 million to acquire maxIT Healthcare Holdings Inc. This acquisition brings an additional 1,300 employees to SAIC. That’s a large sum of money for a healthcare IT consulting company.
I find this an interesting acquisition by SAIC. SAIC made a big splash in healthcare when they acquired Vitalize Consulting back in 2011. According to the company’s announcement, their new combined consulting resources makes them the nation’s largest commercial consulting practice in electronic health records (EHR) implementation and optimization services.
Considering maxIT Healthcare has been doing consulting in areas such as accountable care organizations (ACOs) and revenue cycle management (RCM), I think that SAIC is in a great position with all these consulting resources. With the dearth of EHR and healthcare IT talent out there, many hospitals are looking for consulting talent to help them out.