In a statement, the two companies said the deal will bring to governmental clients better health-care outcomes and lower costs, among other benefits.
"The combination of CNSI and Kepro aligns with the strategic objectives of both companies to deploy technology-enabled products, solutions and services that help our clients achieve their mission and better serve their priority populations," said Todd Stottlemyer, CEO of CNSI, in that statement. “I am excited about our ability to provide a full array of services and solutions that will help our clients meet the holistic health needs of those they serve.”
Stottlemyer will lead the new company and its focus on what the statement called improvements in “technology enablement, data analytics and clinical expertise.”
Dr. Susan Weaver, president and CEO of Kepro, becomes president of the new organization. CNSI will remain in McLean, Va., while Kepro will keep its Nashville, Tenn., headquarters.
The company will rebrand early next year, according to the statement.
“Health care is changing rapidly, and we believe the combination of our capabilities will help our clients meet and adapt to these changes,” Weaver said. "Kepro gains a partner with extensive large-scale, systems implementation experience, and CNSI gains a partner with deep clinical expertise. Together our employees will also benefit with new opportunities to diversify their skill sets and advance their careers.”
A recent example of CNSI’s state-related health-care work comes from Georgia, where the company earlier this year signed a contract with the state’s Department of Community Health (DCH) to deploy a “new provider service module” for the state’s Medicaid system.
The 10-year, $116 million deal will have CNSI supply its provider management information system, called evoBrix X, which the company says will improve user experiences around enrollment and real-time claims status.
“Our Medicaid Enterprise System Transformation project will elevate how we interface with providers across Georgia,” said Caylee Noggle, Georgia’s DCH commissioner, in the statement announcing the deal. “We look forward to working with CNSI to develop and implement a modern user experience that helps providers reduce time spent on administrative tasks so they can focus on delivering high-quality care.”
The CNSI-Kepro deal should close in December, the companies said. The new company is backed by global investment firm Carlyle. Kepro employs more than 1,700 people while the CNSI workforce stands at about 2,100.
