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RLDatix to Acquire Quantros’ Patient Safety Business to Extend Reach Into GRC

by Fred Pennic 10/07/2019 Leave a Comment

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RLDatix to Acquire Quantros Patient Safety Business to Extend Reach into GRC

RLDatix to Acquire Quantros Patient Safety Business to Extend Reach into GRC

– RLDatix has acquired Quantros Inc.’s patient safety business with more than 800 hospitals and health system customers across the United States. 

– All Quantros Safety Suite customers leveraging their safety solutions and modules will transition to RLDatix.

– Quantros staff focusing on the patient safety business will also join RLDatix to ensure no disruption in service or support for Safety Suite users.

RLDatix, a provider of governance, risk, and compliance (GRC) solutions that drive patient safety, quality improvement, and harm reduction in healthcare, announced today the acquisition of Milpitas, Calif., based Quantros Inc.’s patient safety business. The acquisition will extend RLDatix’s leadership position in patient safety and more broadly expands the company’s reach into driving improvement across healthcare governance, risk and compliance landscape.

Acquisition Details

Quantros is a leading provider of quality and patient safety software for healthcare, with more than 800 hospitals and health system customers across the United States. As part of the acquisition, all Quantros Safety Suite customers leveraging their safety solutions and modules will transition to RLDatix. Quantros staff focusing on the safety business will also join RLDatix to ensure no disruption in service or support for Safety Suite users. All other Quantros business units will continue to operate under the Quantros brand.

RLDatix’s cloud-based software helps organizations report on adverse events, reduce healthcare-acquired infections and ensure patient safety learnings are implemented across the continuum of care. With over 3,000 customers in 19 countries, RLDatix software protects hundreds of millions of patients around the world.

Acquisition Extends RLDatix’s Reach into GRC

Following the recent acquisition by RLDatix of iContracts, this transaction furthers the company’s reach into governance, risk and compliance (GRC) while maintaining its commitment to patient safety. Additionally, it accelerates the company’s data and analytics strategy by introducing new datasets from a diverse collection of healthcare organizations.

“We are excited to welcome Quantros Safety Suite customers into the global RLDatix family” said Jeff Surges, CEO, RLDatix. “With our core commitment to patient safety, we look forward to embracing these organizations who join forces with 3,000 other customers around the world that are dedicated to providing the best and safest care possible. Quantros users are pioneers in patient safety and we look forward to partnering with them to continue our mission of delivering insights and tools that drive improvement in healthcare.”

Financial details of the acquisition were not disclosed. RLDatix investors include TA Associates, Five Arrows Principal Investments / Five Arrows Capital Partners and Susquehanna Growth Equity. Francisco Partners is the primary investor in Quantros.

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Tagged With: cloud, Healthcare Mergers & Acquisitions, Partners, patient safety, risk

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