{"id":13,"date":"2012-12-31T13:08:59","date_gmt":"2012-12-31T18:08:59","guid":{"rendered":"http:\/\/prod.thecreativearmada.com\/wp\/phainc\/?p=13"},"modified":"2022-10-06T10:26:00","modified_gmt":"2022-10-06T14:26:00","slug":"potomac-health-associates-client-negotiates-successful-buyout-by-humana","status":"publish","type":"post","link":"https:\/\/phainc.com\/?p=13","title":{"rendered":"Potomac Health Associates Client Negotiates Successful Buyout by Humana"},"content":{"rendered":"

McLean, Virginia<\/em>\u2013Potomac Health Associates, Inc. (PHA) announced that it\u2019s client, Ambulatory Care Solutions, LLC (ACS) headquartered in Marion, Indiana, concluded a successful buyout by Humana (NYSE: HUM). Terms were not disclosed. Created in 2004 for the sole purpose of operating Community Based Outpatient Clinics (CBOCs) sponsored by the Department of Veteran Affairs, ACS has gone on to win nine CBOC contracts. Drawing upon PHA\u2019s background in health care and federal contracting, PHA and ACS formed a strategic alliance in 2005 to jointly pursue selected CBOCs in ACS\u2019 service area. Since that time, PHA has helped ACS capture six CBOC contracts in three states, and helped the company successfully defend three of those contracts when they came up for re-competition.<\/p>\n

The VA currently contracts for an estimated 250 CBOCs throughout the country. This is Humana\u2019s second strategic acquisition of a government contractor that specializes in the VA\u2019s CBOC contracts. Earlier this year, Humana acquired Valor Healthcare, another federal contractor that specialized in CBOCs with approximately 20 contracts. ACS operations are expected to be integrated into Humana\u2019s military and veterans business units.<\/p>\n

In addition to the nine CBOC contracts that PHA helped ACS capture, PHA has helped other clients capture 11 CBOC contracts throughout the county. To date, PHA has helped its clients win a total of 20 CBOC contracts in the following locations:<\/p>\n