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MediQuant Acquires DataEmerge to Enhance Data Management Bandwidth and Capabilities

The Associated Press

BRECKSVILLE, Ohio--(BUSINESS WIRE)--Feb 11, 2019--MediQuant®, the leading innovator and provider of enterprise active archiving solutions to hospitals and health systems, announced today the acquisition of DataEmerge, a leading data extraction service and long-time cooperative partner with MediQuant in supporting speed to value for clients.

The agreement will add tools, resources and capabilities, making MediQuant one of the only companies to offer complete in-house extraction services, while continuing to have DataEmerge serve others in the industry.

DataEmerge has helped clients migrate hundreds of EMR, financial and other clinical systems and map billions of data records from their legacy systems. Founder and CEO Cliff Skinner brings years of experience in Healthcare IT consultancy, supported by his leadership team, including Chief Technology Officer Kevin Saffer and Data Migration Specialist Alex Van Schoyck. In the five years since its inception, the company has become a leading provider to the healthcare industry, offering data migration from legacy source systems that enable clients to access their legacy data more cost-effectively.

“This merger is an opportunity for both MediQuant and DataEmerge to grow and expand our offerings and quality,” said Jim Jacobs, Chief Executive Officer at MediQuant. “Culturally, it’s a perfect fit of two families that have been close for years. Cliff and team have been great collaborators in helping us become the leading enterprise active archive provider.”

Working together to offer Extract, Transform and Load (ETL) services, both firms have expanded quickly during the prevailing trend of industry consolidation. The focus of DataEmerge on data extractions for most of the healthcare financial and clinical systems will enhance MediQuant’s success in all phases of ETL and legacy data management. With this merger, MediQuant plans to deepen its commitment to efficiently collecting data from multiple sources and offering rapid and accurate transformation to single systems that increase access to all data.

Skinner will continue to lead the DataEmerge product line, supporting all of his current clients with the same dedication and focus on growth.

“DataEmerge is excited to become a part of the MediQuant portfolio. We will continue to lead in cost- and time- effective data extractions while gaining the resources and technology to make sure we offer our clients the most complete solutions for their needs,” said Skinner.

MediQuant will showcase its enterprise active archiving solutions at the HIMSS19 Global Conference and Exhibition from February 11-15, 2019 at the Orange County Convention Center in Orlando. Visit booth # 1841. Attendees are encouraged to attend a MediQuant-sponsored session entitled, Achieving Legacy System Retirement and Data Consolidation (#184) on Wednesday, February 13 between 4:00 p.m. and 5:00 p.m. featuring senior leaders from Yale New Haven Health System and John Muir Health.

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 and its subsidiary DataEmerge serve nearly 200 individual health systems which represent more than 1,000 hospital and physician practice customers. For more information, visit www.mediquant.com.

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KEYWORD: UNITED STATES NORTH AMERICA FLORIDA OHIO

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE OTHER TECHNOLOGY PRACTICE MANAGEMENT HEALTH OTHER HEALTH OTHER SCIENCE SCIENCE

SOURCE: MediQuant

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PUB: 02/11/2019 11:53 AM/DISC: 02/11/2019 11:53 AM

http://www.businesswire.com/news/home/20190211005579/en