Fishawack Health has acquired Avalere Health, the Washington, D.C.-based health care consulting and advisory company, the agency said tuesday.
Fishawack’s lead investor, Bridgepoint, acquired Avalere from cloud platform company Inovalon, which had owned Avalere since 2015, for an undisclosed amount. Health policy experts at the federal and state levels, Avalere works with the world’s 25 largest biopharmaceutical companies to inform policy positions and market access strategies.
The deal is the latest in a series of acquisitions for Fishawack. Earlier this year, the agency picked 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 more than 200 advisors to the fold, Fishawack aims to provide 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 retain access to Inovalon’s data assets, including its anonymized MORE registry of physician, health system, patient and claims data, as well as a sample 100% of the Medicare fee-for-service dataset.
Additionally, Avalere’s health economics and advanced analytics practice will remain within Inovalon as a data solutions segment of the corporate information business unit, where it will continue to leverage Inovalon’s proprietary data assets with a focus on analytics.