Private equity firm Sterling Partners has partnered with Q-Centrix, an outsourced healthcare outcomes data provider focused exclusively on serving the quality departments of acute care hospitals.
Terms of the transactions were not disclosed.
“Q-Centrix has quickly become a national leader in core measure and registry abstraction services over the last several years across the US, serving hundreds of client healthcare facilities and their patients,” says Dan Hosler, principal at Sterling Partners. “We are excited to help Q-Centrix continue its growth trajectory, as it benefits from the health care system’s shift to an increasingly quality-based reimbursement model, which creates regulatory and market incentives to accurately capture, report and improve quality measures.”
Rob Schwager, founder and CEO of Q-Centrix, says: “Sterling’s understanding of the healthcare industry and experience working successfully with management teams to build great companies convinced us Sterling Partners was the best choice to help scale our business. We are excited to work with Sterling as we pursue Q-Centrix’s vision of improving healthcare quality and patient health outcomes.”
