Join, Follow & Connect
Join Modern Healthcare's LinkedIn group Follow Modern Healthcare on Twitter Join Modern Healthcare's Facebook group Follow Modern Healthcare's Pinterest board Modern Healthcare's Flickr page Modern Healthcare's YouTube Channel Get a Modern Healthcare news feed

 
Comment Buy Reprints Print Article Share on LinkedIn Share on Facebook Share on Twitter Email this page to a colleague
Healthcare Business News
 

Kaiser selling Archimedes to Evidera, Symphony Technology Group


By John N. Frank
Posted: January 8, 2014 - 2:00 pm ET
Tags:

Kaiser Permanente is selling its Archimedes subsidiary, a healthcare modeling firm, to Evidera and its parent private equity backer, Symphony Technology Group. Terms of the deal were not disclosed.

"We are committed to continuing the mission of the original intent of Archimedes and its model of quantitative healthcare," Dr. Jed Weissberg, senior vice president, hospitals, quality and care delivery excellence at Kaiser Permanente, said in a news release announcing the deal. "The buyer, Symphony/Evidera, is a great home to enable the scientists to further their pursuits to enable personalized care for the future of medicine."

Advertisement | View Media Kit

 

San Francisco-based Archimedes applies its modeling techniques for clients in the areas of health economics, public health and healthcare policy. Its IndiGo division combines real-world data and simulations in reviewing healthcare decisionmaking regarding treatments and preventive care. Those will be new areas for Evidera, whose offerings include health economics, outcomes research, market access, data analytics and epidemiology services. Evidera plans to expand the disease areas Archimedes models for.

“I have long admired their vision and their dedication to producing the most valid healthcare model possible. I look forward to working with the Archimedes staff to take it to the next level,” said Jaime Caro, Evidera's senior vice president of research.

Evidera is headquartered in Bethesda, Md., but also has an office in Seattle, so Archimedes will be its second West Coast outpost.

Follow John N. Frank on Twitter:@MHJFrank


What do you think?

Share your opinion. Send a letter to the Editor or Post a comment below.

Post a comment

Loading Comments Loading comments...

Search ModernHealthcare.com:


 

Switch to the new Modern Healthcare Daily News app

For the best experience of ModernHealthcare.com on your iPad, switch to the new Modern Healthcare app — it's optimized for your device but there is no need to download.