Accenture Federal Services has completed its acquisition of Cognosante, a Falls Church, Virginia-based provider of digital transformation and cloud modernization solutions for federal health, defense, intelligence, and civilian agencies. Accenture Federal Services announced its intent to acquire Cognosante on April 15, 2024.
Cognosante provides mission-driven technology solutions for federal government clients, including healthcare programs supporting veterans, active-duty military, patients, beneficiaries, providers, and payors. The company has an exemplary delivery track record powered by technology expertise, cloud modernization and migration capabilities, and program management.
With the acquisition, Accenture Federal Services is creating a new federal health portfolio for its business. This portfolio will deliver the specialized mission solutions that clients need to drive better health outcomes and more accessible, equitable healthcare experiences for all.
“The health market is a unique mission space in the U.S. federal government,” said Accenture Federal Services CEO John Goodman. “With the addition of Cognosante’s industry-leading people and capabilities, and by continuing to draw upon Accenture’s proven commercial innovation in health, life sciences, and insurance, Accenture Federal Services will accelerate impact for our clients and offer greater career growth opportunities for our people as a result of this acquisition.”
The acquisition adds more than 1,500 people to Accenture Federal Services’ more than 14,000-person workforce.
Financial terms of the acquisition were not disclosed.
Accenture Federal Services is a wholly owned subsidiary of Accenture.
To view the original press release, please click here.
