Tag Archives: healthcare it

Report: Healthcare IT Venture Capital Funding Hit $2.2B in 2013

Mercom Capital Group has released a healthcare information technology report showing that venture capital funding for that sector reached a total of $2.2 billion in 2013, HIT Consultant Media reported Tuesday. Jasmine Pennic writes the healthcare IT sector closed 571 deals in 2013, up from 163 in the previous year, and …

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Kim Bahrami Joins Acentia as Business Development VP; Todd Stottlemyer Comments

Kim Bahrami, a 25-year health information technology industry veteran, has been appointed as vice president of business development at Acentia. She will be responsible for overseeing Acentia’s business growth strategy for healthcare markets within the departments of Defense and Veterans Affairs in her new position, the company said Tuesday. Todd …

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Harris to Install VA Medical Center Wireless Network; Wayne Lucernoni Comments

Harris Corp. (NYSE: HRS) has won the final and third phase of a potential four-year, $60 million contract to provide a wireless network platform for Department of Veterans Affairs medical centers. The VA aims to expand mobile device usage for 112 medical centers and connect healthcare providers to data at any time …

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Bob Kipps: As Sellers Return, Sustained Buyer Interest Could Buoy GovCon M&A in 2nd Half of 2013

Rising From the Abyss? Bob Kipps, Managing Director,  KippsDeSanto & Company As industry dealmakers know, government services and defense deal closings during first half of this year were hollowed out by the double whammy of higher capital gain taxes and advent of sequestration that occurred earlier this year. Anticipation of …

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Bob Kipps: GovCon M&A Market Takes Turn Towards Equilibrium

Finding The New Normal Bob Kipps, Managing Director,  KippsDeSanto & Company With only 15 government services and 25 defense M&A deals announced so far this year (vs 72 for the comparable period in 2012), it may seem premature to say the M&A market’s back in equilibrium. However, it seems to …

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Wayne Lucernoni Appointed Harris IT Services Lead

Wayne Lucernoni, formerly acting president of Harris Corp.’s information technology services business unit, has been appointed to the position on a permanent basis, a company spokesman confirmed to GovCon Wire Tuesday. The 22-year company veteran will report to James Morris, president of the integrated network solutions business segment. In his …

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Bob Kipps: Early 2013 GovCon M&A in “Eye of the Storm”

Eye of the GovCon M&A Storm Bob Kipps, Managing Director, KippsDeSanto & Company After gushing throughout 2012, GovCon M&A deal announcements have slowed to a trickle thus far in 2013.  At a recent deal conference in DC last week, lenders and other transaction advisors were commenting about their lack of …

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CACI Buys Health IT, Data Analytics Firm IDL; Dan Allen Comments

CACI International (NYSE: CACI) has acquired Wisconsin-based healthcare information technology and analytics firm IDL Solutions for an undisclosed amount, CACI announced Wednesday. CACI said it made the acquisition to grow its presence in the federal healthcare market, which the company values at $33.5 billion, and complement its November acquisition of …

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CACI Completes Emergint Buy; Dan Allen, John Mengucci Comment

CACI International (NYSE: CACI) has completed its acquisition of healthcare information technology firm Emergint Technologies for an undisclosed amount. CACI said it aims for the acquisition to help grow its presence in the healthcare IT market. President and CEO Dan Allen said Emergint brings established relationships with federal health organizations …

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PwC Adds Ray Group to IT Consulting Portfolio; Scott McIntyre Comments

PwC U.S. has acquired information technology and program management consulting firm Ray Group International to bolster its technology consulting and implementation offerings for public sector clients. The transaction was completed Nov. 6 and PwC did not disclose financial terms of the deal in its announcement. Former RGI CEO Ronald Ray, …

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