Accenture announced that it has finalized its agreement to acquire Sagacious Consultants, a leading electronic health record (EHR) consulting practice, to expand capabilities for helping clients to better manage healthcare quality, efficiency and costs. Accenture is a global management consulting, technology services and outsourcing company, with more than 336,000 people serving clients in more than 120 countries. The company generated net revenues of $30 billion for the fiscal year ending August, 2014.
Approximately 250 employees from Sagacious Consultants will bring to Accenture their specialized skills in implementation, systems integration, upgrades and optimization of EHR solutions from Epic Systems Corporation. The acquisition will expand the capabilities of Accenture to help clients realize the benefits of EHR systems, thereby improving clinical and business outcomes.
Overland Park, KS-based Sagacious Consultants, recognized as the 2013 Best in KLAS for Clinical Implementation Services, brings extensive expertise in healthcare IT, information solutions, optimization, data analytics and data warehousing for Epic-related systems.
“As the global EHR market continues on a trajectory that will surpass $22 billion this year, there is a critical need for medical IT specialists who can help healthcare systems maximize the utility and impact of digital health records,” said Kaveh Safavi, managing director for Accenture's global healthcare business. “Sagacious will enhance our capabilities, expertise and ability to drive transformational outcomes for our clients.”
Accenture’s global healthcare business continues to serve providers, payers and public health systems in more than 20 countries.
Financial terms of the transaction were not disclosed. Closing of the transaction is subject to customary conditions, including receipt of required regulatory approvals.