Government body GovCIO plans to acquire SoldierPoint Digital Health for broadening digital health services within the VA (Veterans Affairs) sector.
GovCIO to Boost Telehealth Services for Veterans with SoldierPoint Acquisition
In a significant move, GovCIO has agreed to acquire SoldierPoint Digital Health from Iron Bow Technologies, a deal that is set to revolutionize telehealth services for millions of veterans. The transaction, pending regulatory approvals, will give GovCIO control over the $2 billion, seven-year Connected Care Integrated Network (CCIN) contract with the Department of Veterans Affairs (VA) [1][2].
The acquisition will allow GovCIO to directly support telehealth and connected care for over 4 million veterans. Jim Brabston, CEO of GovCIO, expressed his excitement about welcoming SoldierPoint to the company, while Kristin Gill, president of GovCIO’s VETS sector, looked forward to working directly with veterans to offer top-of-the-line remote healthcare [6][7].
The deal is expected to close in the third quarter, and upon closing, SoldierPoint's nearly 300 employees and over $200 million in annual revenue will join GovCIO.
SoldierPoint's strong presence in digital health for the VA, coupled with GovCIO's broader federal technology capabilities, will accelerate the scaling of SoldierPoint’s innovative telehealth solutions, enhancing healthcare access and delivery to millions of veterans through advanced digital and connected care technologies [3][4].
Key expected improvements and expanded services include scaled access and impact, enhanced continuity and expertise, increased innovation and investment, and integration of broader federal health IT solutions. SoldierPoint’s experienced team, specializing in digital health at the VA, will remain intact within GovCIO, ensuring ongoing operational stability without disruption to existing programs and contracts [3].
With GovCIO’s larger resources and federal IT expertise, SoldierPoint’s platform and services are positioned for next-generation advancements, improving care outcomes and modernizing veteran healthcare delivery systems [1][4]. The integration of broader federal health IT solutions means more cohesive, technology-driven veteran services, potentially including improved data analytics, cloud solutions, and cybersecurity enhancements aligned with veteran healthcare needs [1][5].
In summary, the acquisition represents a strategic expansion designed to improve telehealth access, continuity, and innovation for veterans by combining SoldierPoint’s specialized digital health expertise with GovCIO’s broad federal health IT capabilities and resources [1][3][4].
[1] GovCIO Press Release, "GovCIO to Acquire SoldierPoint Digital Health," [accessed 2022-03-21] [2] Department of Veterans Affairs, "Connected Care," [accessed 2022-03-21] [3] SoldierPoint Digital Health, "About Us," [accessed 2022-03-21] [4] GovCIO, "Our Services," [accessed 2022-03-21] [5] GovCIO, "Federal Health and Benefits IT," [accessed 2022-03-21] [6] GovCIO, "Leadership Team," [accessed 2022-03-21] [7] SoldierPoint Digital Health, "Leadership Team," [accessed 2022-03-21]
- This acquisition by GovCIO of SoldierPoint Digital Health will allow them to integrate advanced technology solutions from enterprise tech and science sectors, aiming to revolutionize telehealth services for veterans within health-and-wellness.
- The combined resources and expertise of GovCIO and SoldierPoint, along with their focus on federal health IT and digital health, will likely lead to the development and implementation of innovative technology-driven services for veterans, potentially including improvements in data analytics, cloud solutions, and cybersecurity enhancements.
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