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NEWS
Quantros Acquires DoctorQuality's Incident Report Application (RPM)
Acquisition Enhances Company Position as Market Leader in Web-Based
Incident Occurrence Reporting
Quantros, a leading provider of real-time, web-based accreditation,
compliance, and performance improvement solutions for the healthcare
industry, announced today the acquisition of DoctorQuality?s? adverse
event and near miss data collection and reporting application, RPM. As
two of the most prominent leaders in patient safety applications and
programs, the combined entity now represents the market leader in
web-based incident and occurrence reporting tools with a growing
database in excess of 200,000 occurrences.
According to Sanjaya Kumar, MD, Chief Medical Officer of Quantros, "We
are thrilled to combine the talents and strengths of the Quantros and
DoctorQuality employee and customer bases. Our organizations have shared
a common vision of improving patient safety and have been pioneers in
the development of performance and patient safety tools. DoctorQuality
customers will benefit from the breadth and depth of the Quantros
current applications, and the synergies resulting from the combination
of incidents databases."
The acquisition of RPM will complement Quantros' Occurrence Report
Management (ORM) application providing hospitals and other healthcare
providers with a an even more comprehensive product line which enables
the rapid and easy recording and tracking of incident and near incident
events such as medication errors and falls. The real-time web-based tool
supports automated distribution and follow-up of incident information to
appropriate risk management, clinical and other staff as well as the
secure aggregation, reporting, and benchmarking of incident data by
facility characteristics. These products will, in sum, house the largest
database of events and near misses in the United States serving
hospitals, long-term care facilities, clinics, rehabilitation centers
and home health agencies nationwide.
"DoctorQuality is very proud of the significant contributions it has
made to the areas of patient safety and risk management. The Company?s
success in these areas has been achieved with the tremendous support of
its client partners and through the use of its Risk Prevention and
Management Platform (RPM). Quantros brings true innovation and exciting
new insights to the healthcare industry. Its acquisition of RPM provides
a stable, growth environment as well as a unique set of solutions and
services for DoctorQuality?s clients." said Drew Fromkin, former
President and CEO of DoctorQuality.
About Quantros
Founded in 1996, Quantros provides real-time knowledge creation
solutions for benchmarking, patient safety, accreditation and
compliance, and outcomes monitoring for leading healthcare providers,
payers, and pharmaceutical manufacturers. Quantros' web delivered
applications provide a standard platform for automating resource
intensive manual processes. Through a variety of direct sales and vendor
partners, over 800 hospitals are licensed to use Quantros? web-based
technology solutions.
About Doctor Quality
DoctorQuality, Inc. (DQ) provides healthcare organizations with a suite
of products that aid in improving the quality of care and level of
safety for patients. DoctorQuality's integrated suite of products,
developed by healthcare veterans, identifies, tracks and analyzes
medical adverse events and near misses, and provides comparative and
benchmarking capabilities that permit proactive implementation of best
practices and improvements in healthcare safety.
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