Global consulting firm Booz Allen Hamilton has acquired Epidemico, a health analytics start-up company, to boost its analytic capabilities in order to support its clients’ needs. Financial details of the acquisition have not been disclosed.
Epidemico is a, in 2007 established, health analytics company and a commercial spinoff of Boston Children’s Hospital, Harvard Medical School and the Massachusetts Institute of Technology. The informatics company provides early insights, continuous monitoring and consumer engagement for a variety of aspects of population health. These aspects include among others disease outbreaks, drug safety, and supply chain vulnerabilities. The firm is currently known for the ‘HealthMap’ that has been credited with tracking the spread of Ebola in West Africa.
In line with its commitment to further develop leading edge analytic capabilities in critical areas such as population health, Booz Allen Hamilton has announced its acquisition of the Boston-based Epidemico. According to the consulting firm, the combination of Epidemico with its own data science capability and federal and commercial health teams will enhance its ability to support a broad set of client needs.
“The acquisition of Epidemico aligns closely with our Vision 2020 long-term growth strategy, expanding our client offerings with some truly leading capabilities and products that will drive growth opportunities. The addition of Epidemico’s analytic capabilities to our data science team builds on the firm’s broader strategy of expanding its engineering and technology expertise to respond to the changing demands of government and commercial clients seeking more cost-effective and innovative solutions,” comments Horacio Rozanski, President and COO at Booz Allen Hamilton. Robin Heffernan, Epidemico’s President and COO, adds: “The teaming works on many levels – overlapping expertise, synergistic product/service mix, and a shared collaborative spirit. This combination will accelerate the development of comprehensive, integrated solutions that will enhance value to clients in both the short and longer-term.” The 20 employees of Epidemico will continue their work in Boston.
Health care expansion
This acquisition represents the second acquisition of a health services firm made by Booz Allen Hamilton in a few weeks’ time. Just recently, the firm purchased the health care division of Genova Technologies, a US-based IT consultancy.