Francisco Partners-backed Quantros has appointed Keith Hagen as its new president and CEO. Hagen comes to Quantros from Aperio, where he served as the company’s chief operating officer (COO). He assumes responsibility from John Trzeciak, who served as interim CEO following the acquisition of Quantros by Francisco Partners in October 2010. Trzeciak, an operating partner with Francisco Partners, will continue to serve on the Quantros board of directors.
Quantros, Inc., an industry-leading provider of software to advance safety and quality performance for the healthcare industry, today announced Keith Hagen as its new president and CEO. Keith comes to Quantros from Aperio, where he served as the company’s chief operating officer (COO). He assumes responsibility from John Trzeciak, who served as interim CEO following the acquisition of Quantros by Francisco Partners in October 2010. Trzeciak, an operating partner with Francisco Partners, will continue to serve on the Quantros board of directors.
“This is an exciting time for Quantros,” said Ezra Perlman, partner at Francisco Partners. “More than 2,000 hospitals leverage Quantros technology solutions and clinical expertise to achieve their safety and quality improvement goals. Keith’s substantial healthcare and technology experience makes him the ideal executive to lead Quantros through its next stage of accelerated growth.”
Hagen comes to Quantros with more than 27 years of senior level healthcare IT experience. Prior to his role as COO of Aperio, he served as the CEO of QuadraMed, a publicly-held healthcare information technology company. Additionally, Keith was president of M. Transaction Services; senior vice president and chief technology officer of Misys Hospital Systems; and senior vice president of products and technology and chief technology officer at Compucare.
“With its extensive portfolio of clinically-driven Software-as-a-Service (SaaS) applications, Quantros is a recognized leader in helping hospitals achieve organization-wide performance improvement,” said Hagen. “I’m excited to build on this success and expand our capabilities to address many of the new challenges healthcare providers are facing. From value based purchasing initiatives to the rise of Accountable Care Organizations (ACO) and the evolution of Meaningful Use within safety and quality, we will deliver focused solutions that enable our clients to meet their most pressing requirements. The backing of a prestigious firm like Francisco Partners further strengthens our opportunities for success – now and in the future.”
Quantros is a leading provider of software to advance safety and quality performance for the healthcare industry. The company provides technology solutions and domain expertise for safety and risk management; quality and performance improvement; accreditation and compliance; real-time surveillance and centralized decision support. Using a Software-as-a-Service (SaaS) delivery model, Quantros enables more than 2,000 healthcare facilities to improve performance and provide a safer environment of care with solutions that are always current, easy to deploy and cost-effective. For more information about Quantros, please visit www.quantros.com .
About Francisco Partners
Francisco Partners is a leading global private equity firm focused exclusively on investments in technology and technology-enabled services businesses. With approximately $7 billion of capital raised to date, Francisco Partners pursues structured investments in technology companies, targeting investments in private companies, public companies and divisions of public companies, with transaction values ranging from $25 million to over $500 million.
SOURCE: Quantros, Inc.