MediQuant Acquires DataEmerge to Enhance Data Management Bandwidth and Capabilities

BRECKSVILLE, Ohio–(BUSINESS WIRE)–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.

Contacts

River Communications
Joe Collins, 914-686-5599
[email protected]