Healthcare Bluebook, a provider of healthcare quality and cost information, has acquired the quality division of Quantros Inc., a provider of quality analytics software for healthcare providers and payers. With the acquisition, Bluebook aims to enhance the breadth and quality of its healthcare data, enhance existing analytics capabilities, and position the combined organization to reach a wider range of customers, including value-focused hospitals, health systems, and select payers.
“Quantros has been a fantastic longtime partner to Bluebook by supplying the ‘gold standard’ in quality data that informs our transparency solutions for our clients and partners,” said Healthcare Bluebook CEO Scott Paddock. “Combining the Quantros Quality business with our core offerings expands and strengthens the data behind the various solutions, continues our strategic move into the healthcare provider and payor markets, and positions us to develop new innovations that benefit all of our clients and partners.”
“With value-based care arrangements increasing, hospitals, physicians, employers and payors need accurate, illuminating analytics. The combination of Quantros and Bluebook will provide unmatched insights to allow stakeholders on the giving and receiving end of care the ability to make data-driven decisions,” said Lindsey Klein, general manager, provider solutions at Quantros.
Raymond James served as exclusive investment banking advisor and Paul Hastings LLP served as legal advisor to Quantros in the transaction. Bass Berry & Sims PLC served as legal advisor to Healthcare Bluebook.