Enterprise Ventures Corporation, a wholly owned affiliate of Concurrent Technologies Corporation, has acquired the assets of healthcare consulting and technology services firm Coremotive. Coremotive staff will continue to serve its clients alongside CTC subject-matter experts.
Concurrent Technologies is using the acquisition to diversify into the healthcare marketplace and to grow each organization’s respective mission. Most of Coremotive’s work has been in the private sector. The asset acquisition included a healthcare vertical partner agreement with Microsoft, where EVC will implement Microsoft technologies and solutions in hospitals.
“For nearly 25 years, CTC has provided innovative, advanced technology solutions to the federal government and U.S. intelligence community, ” said CTC President and CEO Edward J. Sheehan. “More recently, CTC began applying its expertise in information technology, information security, data integration, supply-chain logistics and more to solving challenges for the healthcare industry. As a healthcare-only firm with extensive expertise in both process optimization and technology services, Coremotive used a unique, holistic approach to driving improvements in healthcare. This timely acquisition increases our healthcare expertise and client relationships and brings additional subject-matter experts who are dedicated to providing innovative, patient-focused solutions at a critical time in the healthcare industry.