Accenture Federal Services Expands Capabilities with Acquisition of Cognosante: Innovative Partnership Set to Transform Healthcare Delivery for Veterans and Active-Duty Personnel
Accenture Federal Services has announced the acquisition of Cognosante, a federal digital transformation and cloud modernization platforms provider. While the financial terms have not been disclosed, Cognosante has been delivering cloud migration support, program management, and technology platforms for federal health care programs that serve veterans, active-duty personnel, providers, and other beneficiaries since 2008. With this acquisition, Accenture’s federal arm is expected to expand further pending regulatory assessment and other standard closing conditions.
John Goodman, CEO of Accenture Federal Services and recipient of the 2024 Wash100 award, expressed his excitement about the acquisition. He highlighted the company’s ongoing commitment to innovation and investment to support federal agencies in meeting the evolving needs of their mission and customers. Goodman expressed admiration for Cognosante’s capabilities, personnel, and impact, indicating that through this merger, the two entities will leverage technology to address the nation’s priorities.
Michele Kang, founder and CEO of Cognosante, shared her enthusiasm about the acquisition. She described Accenture Federal Services as an ideal fit due to its dedication to clients, employees, and industry-leading capabilities. Kang emphasized that the merger will allow for continued support in modernizing operations while positively impacting the lives of millions of individuals.