Quantros, a Milpitas, CA-based provider of quality, safety, and clinical business intelligence solutions to the healthcare industry, received a growth investment from Ascension Health Ventures (AHV).
In conjunction with the investment, Victor Kats, Investment Director with AHV, will join Quantros’ Board of Directors.
The company will use the proceeds to advance into broader areas of the healthcare market.
Led by Keith Hagen, President and CEO, Quantros provides cloud based tools and resources for the full spectrum of the healthcare industry in the areas of safety and risk management, quality and performance improvement, accreditation and compliance, and centralized decision support.
The company’s product portfolio includes patent-pending Smart Classification™, a technology for healthcare organizations to classify safety incident reports in real-time. Its solutions have been used by more than 8,000 healthcare providers nationwide, including over 6,500 retail pharmacies.
Quantros is a portfolio company of Francisco Partners.