Fishawack Health acquired Avalere Health, the Washington, DC-based healthcare consulting and advisory firm, the agency said Tuesday.
Fishawack’s principal investor, Bridgepoint, acquired Avalere from cloud-platform company Inovalon, which had owned Avalere since 2015, for an undisclosed sum. Experts in federal- and state-level health policy, Avalere works with the top 25 biopharmaceutical companies globally to inform policy positions and market access strategies.
The deal is the latest in a string of acquisitions for Fishawack. Earlier this year, the agency scooped up Policy Analysis, a health economics and outcomes research consultancy. Last year, it bought agencies Closerlook and StoneArch, as well as global market access consultancy PRMA Consulting.
By adding Avalere and its roughly 200 advisors to the fold, Fishawack aims to deliver an integrated HEOR, market access and policy offering, according to David Sykes, president of Fishawack policy, access, value and evidence.
As part of the transaction, Avalere will maintain access to Inovalon’s data resources, including its de-identified MORE Registry of physician, health system, patient and claims data, as well as 100% sample of Medicare fee-for-service dataset.
Moreover, Avalere’s health economics and advanced analytics practice will remain within Inovalon as the data solutions segment of the company’s insights business unit, where it will continue to leverage Inovalon’s proprietary data assets with a focus on analytics.
