Milpitas, Calif.-based Quantros Inc., a provider of healthcare software and services for data management, decision support analytics, and clinical business intelligence, announced that Francisco Partners (San Francisco), one of the world’s largest technology-focused private equity firms, has agreed to make a significant capital investment in the company. Quantros’ products and services enable and empower healthcare provider improvements in patient safety, quality and compliance. Quantros continues to experience significant growth as a result of the healthcare industry’s increasing focus on improving the quality of patient care and medical outcomes. The company’s expansive market penetration, industry leadership, suite of software solutions, and the opportunity to further accelerate growth were key drivers for Francisco Partners’ investment.
The company’s mission from inception has been to transform a wealth of healthcare data into actionable knowledge that can empower healthcare industry professionals to improve patient safety, quality and compliance. Today, more than 2,000 healthcare facilities throughout the U.S. use Quantros solutions to improve patient care, increase operational efficiency, reduce costs, ensure compliance, and minimize risk exposure.
Francisco Partners has considerable experience within the healthcare IT sector. Quantros represents Francisco Partners’ seventh investment in the healthcare IT industry, joining its current portfolio of companies - AdvancedMD, API Healthcare, Healthland, QuadraMed, and T-System, as well as a former portfolio company, LYNX Medical Systems, which was acquired by Picis Inc. in 2007.