Healthcare Business News

Cumberland buys Cipe EHR consultancy, expands to West Coast

By Beth Kutscher
Posted: June 16, 2014 - 2:00 pm ET

Cumberland Consulting Group is expanding to the West Coast with its acquisition of Seattle-based Cipe Consulting Group.

Cumberland, based in Franklin, Tenn., advises providers, health plans and life sciences companies on implementing new technology. Cipe operates in the same space, specializing in electronic health records and revenue cycle systems.

Financial terms were not disclosed.

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Cipe co-founders Rachel Wixson and Derek Garrison will join Cumberland as partners. Cumberland also plans to maintain Cipe's Seattle office of 50 employees, bringing the combined firm's total head count to more than 230 consultants.

Deerpath Capital Management and Pinnacle Financial Partners provided financing for the acquisition.

Cumberland, owned by private equity firm Tailwind Capital, has been growing rapidly over the past year. In November, it added Mindlance Life Sciences, a consulting firm that specializes in technology for the pharmaceutical industry, including compliance and data analytics expertise.

Follow Beth Kutscher on Twitter: @MHbkutscher

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