MediQuant Earns Top Marks in First-Ever KLAS Report on Legacy Data Solutions

MediQuant’s Leadership in the Healthcare Enterprise Archiving Space Further Solidified with Two Acquisitions 

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BRECKSVILLE, OHIO, February 25, 2019 – MediQuant®, the leading innovator and provider of enterprise active archiving solutions to hospitals and health systems, received high customer ratings for the combination of breadth of expertise and customer satisfaction among multi-solution vendors in the KLAS Legacy Data Archiving 2019 Report released today. Findings show 100 percent of interviewed customers would partner with the company again and view its solutions as part of their long-term plans.

In their assessment, researchers from KLAS, a healthcare IT data and insights company, reported MediQuant: provides broad clinical and financial expertise in both inpatient and outpatient settings, including surgical, imaging and laboratory solutions; has the most experience with financial data, with many customers identifying financial archiving as a company strength; and offers a high-quality solution—DataArk®—that formats legacy data into a standardized screen and provides robust search functionality. In fact, MediQuant customers said they are highly or mostly satisfied with the accessibility, completeness and accuracy of their archived data. Additionally, they noted MediQuant maintains a strong data-validation and record-matching methodology throughout the data-mapping process.

“The KLAS report headlines our industry leadership for our combined strength of quality and breadth of expertise,” said Jim Jacobs, Chief Executive Officer at MediQuant. “We are dedicated to providing hospitals and health systems with seamless access to vital data – clinical and financial – so they can maximize patient outcomes and cost savings simultaneously. We are also thankful to our customers for giving us top marks for our enterprise active archiving solutions. Our partnership and ongoing dialogue with them empower us to continue our now 20-year legacy of innovation and leadership.”

Two recent acquisitions enhance MediQuant’s client offerings and signal year of growth

At the HIMSSS19 Global Conference and Exhibition last week, MediQuant made two major announcements that will expand its suite of tools, resources and capabilities and reinforce its leadership in the healthcare enterprise archiving space. This month, MediQuant acquired DataEmerge and executed a purchase contract for HeF Solutions.

DataEmerge is a leading data extraction service and long-time cooperative partner with MediQuant in supporting speed to value for clients. This acquisition makes MediQuant one of the only companies to offer complete in-house extraction services, while continuing to have DataEmerge serve others in the industry.

HeF Solutions is a healthcare technology firm specializing in electronic medical records (EMR) data conversions, legacy data archival and technical services that support needed access to clinical records. This agreement deepens MediQuant’s data conversion services, expanding the tools, resources and capabilities offered to clients who require Extract, Transform and Load (ETL) services to manage a shift between EMR systems.

“MediQuant has long harnessed the power of partnership with our clients and industry collaborators to enable customers to have seamless and ready access to the data they need to ensure state-of-the-art care and outcomes,” said Jacobs. “Launching our 20th anniversary year with DataEmerge and HeF Solutions as part of our in-house team signals a year of great transformation and growth for MediQuant, and we’re primed for what lies ahead.”

About MediQuant

Founded in 1999, and headquartered in Brecksville, Ohio, MediQuant is the leader in enterprise active archiving solutions for hospitals and health systems. The Company’s flagship product, DataArk®, is a solution that assists hospitals in retiring legacy clinical and patient accounting platforms and maintaining access to relevant data via a cloud-based software platform. Active archiving grants users the necessary functionality of a legacy system without the expense and risks. Data is kept active for quickly retrieving files, easily updating old records and continuing to bill accounts. MediQuant serves nearly 200 individual health systems which represent more than 1,000 hospital and physician practice customers. For more information, visit www.mediquant.com.

About KLAS

KLAS is a data-driven company on a mission to improve the world's healthcare by enabling provider and payer voices to be heard and counted. Working with thousands of healthcare professionals, KLAS collects insights on software, services and medical equipment to deliver reports, trending data and statistical overviews. KLAS data is accurate, honest and impartial. The research directly reflects the voice of healthcare professionals and acts as a catalyst for improving vendor performance. To learn more about KLAS and the insights we provide, visit www.KLASresearch.com.

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