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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