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Corporation
cognosante.com

Investments

3

Partners & Customers

10

About Cognosante

Cognosante provides consulting, technology, and BPO services to healthcare organizations, specializing in Health Reform initiatives. The company has more than 25 years of experience working with 48 states and the Federal government to assist its clients in developing, managing, and executing large, complex health information programs. Its expertise includes Medicaid, Medicare, health insurance marketplaces, health data standards and reconciliations, modular system development and integration, health data analytics, and fraud, waste, and abuse.

Headquarters Location

3110 Fairview Park Drive Suite 800

Falls Church, Virginia, 22042,

United States

703-206-6000

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Latest Cognosante News

Why the VA paid a 29% premium to hire Booz Allen

Jan 25, 2023

Why the VA paid a 29% premium to hire Booz Allen Gettyimages.com/ NicoElNino email January 25, 2023 11:57 AM ET The firm's price was higher than its competitors for a $860 million program management task order, but so was the technical proposal that won out. We have already covered the gist of the Government Accountability Office’s decision to deny protests against Booz Allen Hamilton’s win of a $860 million task order at the Veterans Affairs Department. But GAO’s written decision is now public, which means we get more insights into the competition and how the VA decided to go with Booz Allen. Cognosante and ProSphere Tek were the protestors that challenged the VA's choice of Booz Allen to continue on as program manager for the massive Cerner electronic health record integration initiative. The protestors' main objection was that Booz Allen had an organizational conflict-of-interest because another part of the company held a separate task order with VA. As we reported earlier in January, GAO denied the protests because those two orders were managed by different parts of the VA. GAO said Booz Allen could not funnel work from one contract to the other as the protesters alleged, so there was no conflict. The now-public decision  also provides more insights into the protestors' other main arguments regarding the evaluations of proposals, past performance ratings and the VA's best-value tradeoff decisions. GAO denied those arguments as well in the effort to unseat Booz Allen, which has been the incumbent since 2017. Both Cognosante and ProSphere argued that Booz Allen’s technical proposal should not have received an “outstanding” rating because of the latter's alleged poor performance as an incumbent. The protestors argued that Booz Allen’s performance should factor into the technical rating. GAO ruled that the solicitation kept the evaluation of the technical proposals and past performance separate. GAO called the performance argument “speculative.” Booz Allen received the highest technical evaluation of “Outstanding.” Cognosante and ProSphere got ratings of “Acceptable.” ProSphere’s past performance score was the highest at 17.6, followed by Cognosante at 14.2 with Booz Allen the lowest at 11. But the VA weighted the technical evaluation criteria as higher. Booz Allen’s technical rating was high enough for the VA to pick that company as the best value, despite its final proposed price being $859.9 million. That price was significantly higher than Cognosante’s bid of $664.9 million and ProSphere’s of $628.8 million. Cognosante and ProSphere challenged the best-value decision, with Cognosante claiming that there was no technical approach offered by Booz Allen that justified the higher price. The VA didn’t conduct a price evaluation. GAO supported VA’s source selection authority who said Booz Allen’s technical proposal offered strengths that overcame the higher price and the lower past performance score. The source selection authority said Booz Allen’s proposal offered enough benefits to the VA that warranted paying the 29% price premium. Share This: X This website uses cookies to enhance user experience and to analyze performance and traffic on our website. We also share information about your use of our site with our social media, advertising and analytics partners. Learn More / Do Not Sell My Personal Information Accept Cookies Do Not Sell My Personal Information When you visit our website, we store cookies on your browser to collect information. The information collected might relate to you, your preferences or your device, and is mostly used to make the site work as you expect it to and to provide a more personalized web experience. 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You may opt out of our use of such cookies (and the associated “sale” of your Personal Information) by using this toggle switch. You will still see some advertising, regardless of your selection. Because we do not track you across different devices, browsers and GEMG properties, your selection will take effect only on this browser, this device and this website. Targeting Cookies We also use cookies to personalize your experience on our websites, including by determining the most relevant content and advertisements to show you, and to monitor site traffic and performance, so that we may improve our websites and your experience. You may opt out of our use of such cookies (and the associated “sale” of your Personal Information) by using this toggle switch. You will still see some advertising, regardless of your selection. Because we do not track you across different devices, browsers and GEMG properties, your selection will take effect only on this browser, this device and this website.

Cognosante Investments

3 Investments

Cognosante has made 3 investments. Their latest investment was in Protenus as part of their Series C on April 4, 2019.

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Cognosante Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/17/2019

Series C

Protenus

$13M

No

3

1/22/2018

Series B

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$99M

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10

1/26/2016

Series A

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$99M

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10

Date

4/17/2019

1/22/2018

1/26/2016

Round

Series C

Series B

Series A

Company

Protenus

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Amount

$13M

$99M

$99M

New?

No

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Co-Investors

Sources

3

10

10

Cognosante Acquisitions

3 Acquisitions

Cognosante acquired 3 companies. Their latest acquisition was Enterprise Information Services on May 19, 2020.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

5/19/2020

$99M

Acquired

1

10/11/2018

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$99M

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10

10/27/2016

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$99M

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10

Date

5/19/2020

10/11/2018

10/27/2016

Investment Stage

Companies

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Valuation

$99M

$99M

$99M

Total Funding

Note

Acquired

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Sources

1

10

10

Cognosante Partners & Customers

10 Partners and customers

Cognosante has 10 strategic partners and customers. Cognosante recently partnered with Defense Health Agency on August 8, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

8/14/2022

Client

United States

Cognosante Wins Defense Health Agency Translation Services Contract

`` Cognosante is a recognized partner to the Defense Health Agency in its efforts to implement research-back solutions across the Military Health System .

1

8/10/2022

Client

United States

Cognosante Awarded DHA Omnibus IV Contract for Translation Science Support and Services - Cognosante

Dietz continued , `` Cognosante is a recognized partner to the Defense Health Agency in its efforts to implement research-back solutions across the Military Health System .

1

4/1/2022

Vendor

United States

Cognosante to Support VA Contract With Consensus Cloud Fax Tech; Erick Peters Quoted

Cognosante has selected Consensus Cloud Solutions as a subcontractor to provide an enterprise cloud fax platform to the Department of Veteran \'s Affairs in support of VA 's digital communications program .

1

3/30/2022

Vendor

United States

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10

3/30/2022

Vendor

United States

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10

Date

8/14/2022

8/10/2022

4/1/2022

3/30/2022

3/30/2022

Type

Client

Client

Vendor

Vendor

Vendor

Business Partner

Country

United States

United States

United States

United States

United States

News Snippet

Cognosante Wins Defense Health Agency Translation Services Contract

`` Cognosante is a recognized partner to the Defense Health Agency in its efforts to implement research-back solutions across the Military Health System .

Cognosante Awarded DHA Omnibus IV Contract for Translation Science Support and Services - Cognosante

Dietz continued , `` Cognosante is a recognized partner to the Defense Health Agency in its efforts to implement research-back solutions across the Military Health System .

Cognosante to Support VA Contract With Consensus Cloud Fax Tech; Erick Peters Quoted

Cognosante has selected Consensus Cloud Solutions as a subcontractor to provide an enterprise cloud fax platform to the Department of Veteran \'s Affairs in support of VA 's digital communications program .

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Sources

1

1

1

10

10

Cognosante Team

2 Team Members

Cognosante has 2 team members, including former Chief People Officer, Mustafa El Rafey.

Name

Work History

Title

Status

Mustafa El Rafey

Chief People Officer

Former

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Name

Mustafa El Rafey

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Work History

Title

Chief People Officer

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Status

Former

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