Home / M&A Activity / SAIC Completes $473M Health IT Consultant Buy; Joe Craver Comments

SAIC Completes $473M Health IT Consultant Buy; Joe Craver Comments

SAIC Inc. has completed its $473 million acquisition of healthcare information technology consulting firm maxIT Healthcare Holdings Inc., SAIC announced Monday.

SAIC announced in July it agreed to buy the Westfield, Ind.-based firm, saying it planned to pay up to $20 million to maxIT Healthcare shareholders after the receipt of certain tax credits.

Nearly 1, 300 maxIT Healthcare employees have joined SAIC’s health solutions business unit, within that company’s health, energy and civil solutions group, led by Group President Joe Craver.

MaxIT Healthcare’s experience in working with commercial hospitals and ambulatory clinics will complement SAIC’s Vitalize Consulting Solutions team, Craver said in a release.

SAIC plans to leverage the acquisition to provide electronic health record implementation and integration services to its federal healthcare customers.

Those customers are moving toward using commercial-off-the-shelf EHR applications, the company said.

MaxIT Healthcare provides strategy and planning, EHR implementation and optimization and management consulting for activities such as accountable care transformation.

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