Quantros acquired Comparion Medical Analytics on March 1, strengthening its enterprise solutions and healthcare information services capabilities. Terms of the deal were not disclosed.
Comparion’s software helps more than 1,000 healthcare professionals from academic medical centers, health systems, Fortune 500 companies and payers assess the cost and quality of their medical services.
Quantros is a leading provider of enterprise SaaS-based solutions and services for monitoring, reporting and measuring clinical and financial performance. Quantros, which is owned by Francisco Partners, currently has more than 10,000 healthcare facilities and care settings as customers.
Comparion’s headquarters will remain in Greenville, S.C., and support for the company’s CARE Performance Assessment Suite will remain in place. Comparion founder Thane Forthman will now serve as chief analytics officer at Quantros.
“Both companies have a common mission and focus for helping customers to achieve measurable progress in the delivery of high-quality, coordinated and safer care,” Forthman said in a news release. “As a combined enterprise, we’re far better positioned to grow and support customers through the transition to value-based care and reimbursement.”