MILPITAS, CA, November 07, 2009
/24-7PressRelease/ -- Quantros, Inc., an industry leader in healthcare data management, decision support analytics and prospective point of care data surveillance solutions, today announced the acquisition of MediQual from CareFusion Corporation (NSYE: CFN), a publicly traded company spun off from Cardinal Health earlier this year. Terms of the sale were not disclosed. This latest addition to the Quantros suite of solutions adds clinical data analytics infrastructure for processing and managing expansive datasets and generating analytic profiles for use in decision support and outcomes management. MediQual currently supports clients nationwide in clinical analytics management and reporting efforts. MediQual's clinically-based risk models have been published, validated and nationally recognized by clinicians as critical to providing for more accurate prediction of healthcare outcomes. With years of demonstrated use, the automated clinical models bring efficiency to the generation of accurate comparisons among providers. Quantros has worked closely with the MediQual organization for the past two years as a strategic partner providing the underlying technology powering its Performance Measurement System (PMS) Core Measures solution.
"MediQual has been a valued Quantros partner and its solutions provide significant support and clinical insight for its clients," said Sanjaya Kumar, MD, President and CEO at Quantros. "We are excited about bringing this team and its solutions into the Quantros fold. With increasing national and state level focus on Pay-for-Performance and outcomes management, the need for next generation severity adjusted methodologies such as the MediQual severity adjustment models and solutions to provide integrated decision support become a critical need. The resulting solution enhancements and expanded customer support from this acquisition will benefit both MediQual and Quantros customers."
"Quantros has been a reliable partner for the past two years and its corporate mission and direction are in alignment with the ongoing quality management and analysis needs and requirements of the MediQual clients," said Tom Leonard, president of Dispensing Technologies for CareFusion. "We believe that this business is a good fit for Quantros and the ongoing needs of the MediQual customer base."
Quantros Establishes New East Coast Office in Marlborough, Massachusetts
As part of this acquisition, Quantros will open an office in Marlborough, Massachusetts. Quantros will be expanding its staff throughout the next 12 months and plans to house development, support, professional services and sales and marketing personnel at this location. Quantros is committed to furthering growth in this location and providing added support to its large, east coast base of clients.
"Quantros already has an expansive client footprint on the east coast, beyond those healthcare providers using MediQual solutions," commented Randy Everett, VP of Operations at Quantros. "This new facility will add jobs to the greater Boston area and provide expanded opportunities to better serve the combined Quantros and MediQual client base."
As part of this acquisition Quantros will transition existing MediQual staff into the Quantros team. MediQual brings with it an experienced group of professionals with an intimate knowledge of its clients and clinical analytics solutions. Quantros will look to expand this staff and provide an even greater level of customer involvement as it evaluates enhancements to the Atlas solution.
About Quantros
Quantros is a leading software and services provider for the healthcare industry in the areas of safety and risk management, quality and performance improvement, accreditation and compliance, real-time surveillance and centralized decision support. Today more than 2,000 healthcare facilities use Quantros solutions to improve performance and provide a safe, high quality environment of care.
Quantros solutions are based in sound clinical discipline. Key product decisions are driven by experts in healthcare quality and performance improvement, safety, compliance, risk management and nursing. Quantros team members include physicians, nurses and other healthcare professionals.
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