Fulcrum IT Services has moved to grow its military health market presence by acquiring information management contractor Forgentum for an undisclosed sum.
The transaction is also intended to expand Fulcrum’s customer base with Forgentum’s clients such as the TRICARE Management Activity, EHR Core and the Enterprise Infrastructure, Fulcrum said Thursday.
Forgentum provides application development, integrated systems engineering, managed services and healthcare training services to military health agencies.
Jeff Handy, Fulcrum CEO, said the company aims to further build up its healthcare portfolio and absorb a workforce with experience in the military health community.
Forgentum will be integrated into Fulcrum’s healthcare portfolio in a strategy to expand services for the Defense Department’s military health systems and healthcare data management platforms.
Fulcrum will deliver technology services to the Federal Enterprise Architecture, the DoD Enterprise Architecture and the Federal Health Architecture through Forgentum’s position on a potential 10-year, $20 billion contract vehicle.