Quantros, Inc. Executes Contract with WellOK, The Northeastern Oklahoma Business Coalition on Health, Members Access CareChex® Data Ratings on Medical Care

MILPITAS, Calif. & GREENVILLE, S.C.–(BUSINESS WIRE)–Quantros,
Inc.,
the healthcare industry’s leading provider of enterprise
safety risk management, quality management and reporting solutions,
announces that it has signed a contract with the WellOK,
The Northeastern Oklahoma Business Coalition on Health
to provide
coalition members with access to CareChex®, an information service of
Quantros and regarded as the most comprehensive site for rating medical
care. CareChex® provides clinical, financial, and patient satisfaction
findings to consumers, providers and purchasers of US medical care,
offering a composite evaluation of all components of medical quality
including process of care, outcomes of care, and patient experiences.

Stan Schwartz, MD, FACP, CEO of WellOK, Inc, explains, “Our coalition is
totally devoted to quality, safety and value in healthcare, and we
believe that transparency is paramount for our members to be good
consumers of healthcare. We chose CareChex® because it offered us the
ability to extract and present data meaningfully to our members.”

In Oklahoma, more than 50 percent of healthcare is purchased by
self-funded employers, the type of businesses that founded the
coalition. Employers purchasing healthcare individually tended not to
recognize the influence they can exert to improve a community’s health
care quality and safety.

“We plan to provide data to our members to help them make decisions on
which providers to incorporate in their networks and also to help their
covered members individually choose providers for specific health care
needs, especially so-called high risk procedures,” continues Dr.
Schwartz.

The coalition also participates in the Choosing Wisely project, yet
another initiative to help people become informed, discriminating health
care consumers, and regarded as complementary to this effort.

According to Shane Wolverton, senior vice president corporate
development, Quantros, “We are extremely flattered that CareChex® was
designated by WellOK and will be offered to their members as the
benchmark for assessing medical care. This is further validation of
CareChex® and serves to differentiate this data from other publicly
available quality ratings.”

With increased competition among hospitals and the growth of employer
value-based purchasing, CareChex® answers the critical need for a broad
range of quality indicators and objective – not subjective or
reputation-based data – regarding quality of care.

“Employers are seeking more value for their health care dollars, and are
pursuing opportunities to reduce the upward cost spiral,” continues
Wolverton. “CareChex® is a first step in realizing these goals and
advancing the quest for improved employee health.”

About Quantros

Quantros is a leading provider of software and services to advance
healthcare quality and safety performance. Our Software-as a-Service
(SaaS)-based applications help thousands of hospitals, retail pharmacies
and some of the nation’s largest health systems to capture actionable
intelligence they can use to improve outcomes, reduce risks and to
reinforce their commitments to delivering safer, higher-quality
value-based care. For more information visit http://www.quantros.com.

About WellOK

WellOK is a member of the National Business Coalition on Health aiming
to understand and improve the value of the healthcare their employees
and families receive through an business coalition focusing on the
quality and cost-effectiveness of care in order to achieve better care
for each of their employees and families and better health for all in
our community, all at the best possible cost, make our community more
attractive to growth by offering high-value healthcare and make quality
and price fully transparent so each of us may be the wisest purchaser of
healthcare. http://www.wellok.org/

Contacts

Media:
CPR Communications
Nathan Molinari, 201.641.1911
x 22
nmolinari@cpronline.com