April 4, 2016
Nashville Business Journal
by Eleanor Kennedy
The Franklin-based health care strategic advisory, technology implementation and project management firm has acquired Little Rock-based Oleen Pinnacle Healthcare Consulting, according to a news release. The deal adds 50 people to Cumberland’s team, and continues the firm’s strategy to build a national footprint through out-of-state additions; this is its third acquisition in two and a half years.
Terms of the deal were not released.
“Bringing together our two organizations meets the growing need in the marketplace for high-quality strategic advisory and information technology consulting services to help payer organizations navigate increasing government regulations and changing payment models,” Brian Cahill, Cumberland CEO, said in the release. “We are boosting our presence in the payer space by combining with Oleen and look forward to leveraging the collective knowledge and expertise of our newest team members to better serve our clients.”
Oleen’s Little Rock office will be maintained and will be the main office for Cumberland’s payer division, the release says.