Pharmiweb ChannelsAll | PharmaCo | Clinical Research | R&D/BioTech | Sales/Mktg | Healthcare | Recruitment | Pharmacy | Medical Comms

Pharmiweb.com RSS Feed Pharmiweb.com RSS Feeds

Advertising

pharmiweb.com today archive

3032 PWToday Stories

Quantum Health Completes Recapitalization with Great Hill Partners

14 Jun 17

Quantum Health, Inc., the market leader in consumer navigation and care coordination, announced today the successful recapitalization of existing shareholders with Great Hill Partners as its new financial sponsor.

"This recapitalization is very exciting news for Quantum Health, our clients and our partners. We believe that Great Hill will be an exceptional partner for us. They are committed to the mission of Quantum Health and appreciate the importance of our culture and how it drives our results. They have experience helping companies that are growing exponentially and are strongly supportive of our strategic direction," said Kara Trott, Founder and CEO of Quantum Health.

This partnership will accelerate existing initiatives to further Quantum Health's growth and innovation in helping consumers navigate their unchosen healthcare journey, resulting in better health outcomes and cost savings for large self-insured employers and their plan members.

Under this agreement, the existing Quantum Health management team remains a substantial shareholder and will continue to lead the company moving forward.

"We are excited to partner with Kara Trott and the entire Quantum team to help the company continue its strong growth trajectory," said Mark Taber, a Managing Partner with Great Hill Partners. "Quantum's healthcare navigation solutions allow employers to simultaneously address two of their primary goals: employee satisfaction and managing costs in a world of ever rising healthcare expenditures. We have been impressed by Quantum's ability to provide employees with outstanding service and care while consistently bending the healthcare cost curve for self-insured employers."

Rafael Cofiño, a Partner with Great Hill Partners, added, "We believe the partnership with Quantum presents a unique opportunity to help build a category-defining business and change the way consumers approach and experience the healthcare decision making process."

Advertising
Site Map | Privacy & Security | Cookies | Terms and Conditions

PharmiWeb.com is Europe's leading industry-sponsored portal for the Pharmaceutical sector, providing the latest jobs, news, features and events listings.
The information provided on PharmiWeb.com is designed to support, not replace, the relationship that exists between a patient/site visitor and his/her physician.