Navigation Links
SAIC Completes Acquisition of Vitalize Consulting Solutions, Inc.
Date:8/8/2011

MCLEAN, Va., Aug. 8, 2011 /PRNewswire/ -- Science Applications International Corporation (SAIC) [NYSE: SAI] today announced that it has completed the acquisition of Vitalize Consulting Solutions (VCS), Inc., a leading provider of clinical, business and information technology (IT) services for healthcare enterprises.

VCS primarily serves customers in the commercial hospital market that are implementing electronic health record (EHR) products and systems, providing a range of services including strategic consulting, system implementation and operational improvement. The company specializes in the implementation and optimization of EHR systems from major commercial-off-the-shelf vendors, as well as others within the ambulatory and practice management arenas.

The deal enables SAIC to expand in the commercial health provider market and leverage its information integration and data analytics expertise with VCS' healthcare IT and clinical workflow optimization capabilities to further grow as commercial and Federal health markets converge. Approximately 600 VCS employees have joined SAIC's Health Solutions Business Unit (HSBU), led by Steve Comber.  HSBU is a part of the Health, Energy and Civil Solutions Group, led by SAIC Group President Joe Craver.  

"We welcome VCS and its employees to SAIC, and look forward to combining our capabilities to better serve our federal and commercial customers through the implementation of commercial EHR products and solutions," said Craver.  

Comber agreed, adding that the acquisition of VCS adds significant depth to SAIC's EHR capabilities.

"VCS brings a long history of excellent service to its commercial customers, and we are pleased to have them join our team," he said. "As government organizations increasingly adopt COTS (commercial-off-the-shelf) EHR solutions, the combination of SAIC's established customer base in government and Vitalize's strong commercial EHR implementation capabilities will help create a synergistic set of business opportunities in the future." 

Terms of the all-cash deal were not disclosed.

About SAICSAIC is a FORTUNE 500® scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. The company's approximately 41,000 employees serve customers in the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. government civil agencies, and selected commercial markets. Headquartered in McLean, Va., SAIC had annual revenues of $11.1 billion for its fiscal year ended Jan. 31, 2011. For more information, visit www.saic.com. SAIC:  From Science to Solutions®

Statements in this announcement, other than historical data and information, constitute forward-looking statements that involve risks and uncertainties. A number of factors could cause our actual results, performance, achievements, or industry results to be very different from the results, performance, or achievements expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to, the risk factors set forth in SAIC's Annual Report on Form 10-K for the period ended Jan. 31, 2011, and other such filings that SAIC makes with the SEC from time to time. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof.Contact:

Melissa Koskovich

Vernon Guidry(703) 676-6762

(703) 676-6255koskovichm@saic.com

guidryjrv@saic.com
'/>"/>

SOURCE SAIC
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. QIAGEN Completes Second U.S.Submission for Companion Diagnostic to Guide Treatment Decisions in Colorectal Cancer
2. Vycor Medical, Inc. Completes Final Close on Equity Capital Raise
3. Global Pharm Holdings Group Completes Acquisition of Pacific Asia Pharm Investment Group Co., Ltd.
4. Vessix Vascular Completes $23 Million Financing
5. Roka Bioscience Completes $20 Million Series C Financing
6. Lexicons IBS Drug Candidate, LX1033, Successfully Completes Phase 1 Clinical Trial
7. Australian Biotech Ceridia Pty Ltd Completes Successful Human Clinical Trial
8. Micell Technologies Completes Enrollment in DESSOLVE II Study of the MiStent® Drug-Eluting Coronary Stent
9. VR Business Sales, Mergers & Acquisitions Charlotte Completes Sale of Penrod Medical Equipment
10. C&J Industries Completes Phases I and II of Building Expansion
11. Sherpa Clinical Packaging Completes New Production Facility
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/23/2016)... -- , , , WHEN: , ... , , , LOCATION: , , , Online, with free ... EXPERT PANELISTS:  , , , Frost & Sullivan,s Global Vice President ... Industry Analyst, Divyaa Ravishankar and Unmesh Lal, Program Manager , ... is witnessing an exceptional era. Several new demand spaces, such as ...
(Date:6/23/2016)... June 23, 2016  Guerbet announced today that it ... Supplier Horizon Award . One of 12 ... recognized for its support of Premier members through exceptional ... excellence, and commitment to lower costs. ... recognition of our outstanding customer service from Premier," says ...
(Date:6/23/2016)... , June 23, 2016 ... but it continues to present great opportunities to investors. ... for today: Intrexon Corp. (NYSE: XON ), ... Pharmaceuticals Inc. (NASDAQ: ARNA ), and Regeneron ... about these stocks and receive your complimentary trade alerts ...
Breaking Medicine Technology:
(Date:6/26/2016)... ... 2016 , ... Quality metrics are proliferating in cancer care, and are derived ... eye of the beholder, according to experts who offered insights and commentary in the ... Care. For the full issue, click here . , For the American Society ...
(Date:6/26/2016)... , ... June 26, 2016 , ... ... once they have been diagnosed with endometriosis. These women need a treatment plan ... require a comprehensive approach that can help for preservation of fertility and ultimately ...
(Date:6/25/2016)... ... ... First Choice Emergency Room , the largest network of independent freestanding ... of its new Mesquite-Samuell Farm facility. , “We are pleased to announce Dr. ... James M. Muzzarelli, Executive Medical Director of First Choice Emergency Room. , Dr. ...
(Date:6/24/2016)... ... June 24, 2016 , ... A recent article published June 14 ... The article goes on to state that individuals are now more comfortable seeking to ... operations such as calf and cheek reduction. The Los Angeles area medical group, Beverly ...
(Date:6/24/2016)... ... 2016 , ... Global law firm Greenberg Traurig, P.A. announced that 20 Florida ... their peers for this recognition are considered among the top 2 percent of lawyers ... as members of this year’s Legal Elite Hall of Fame: Miami Shareholders Mark ...
Breaking Medicine News(10 mins):