|By Marketwired .||
|July 30, 2014 10:32 AM EDT||
MILPITAS, CA--(Marketwired - July 30, 2014) - Quantros, Inc., an industry-leading provider of software to advance safety and quality performance for the healthcare industry, today announced that the company's Board of Directors has appointed Annie Callanan as its new President and Chief Executive Officer. She succeeds J.P. Fingado, who served as interim President and Chief Executive Officer. Fingado, an Operating Partner with Francisco Partners, was recently elected to the Quantros Board of Directors and will work closely with Callanan and the company's leadership team.
"Annie Callanan is a proven leader with extensive technology skills, business vision and the ability to bring people together," said J.P. Fingado. "Her ability to set strategy, lead teams and drive growth is what Quantros needs as the company builds on its successes and enters its next chapter of expanded product innovation."
Callanan comes to Quantros with more than 25 years of senior level IT experience. Prior to her role as COO of Systech International, she served as COO of ProQuest, a private equity-backed information company, where she spearheaded major strategy and technical shifts across the company's portfolio of products and services. Additionally, Annie was CEO at Bowker; Executive Vice President, Life Sciences at Advanstar Communications, Inc.; President, Technology Network at Thomas Publishing; and Senior Vice President, Operations & Business Technology at UBM.
"It's a great privilege to be asked to join the Quantros leadership team," said Callanan. "The company has a strong, proven set of products, and I'm excited to help them build on its current portfolio as well as leverage new opportunities for growth. Reforming our healthcare delivery system to improve the quality and value of care is essential to address escalating costs. In addition, with initiatives around Value-Based Purchasing and Accountable Care Organizations, Quantros has the potential to make an even larger impact on the healthcare industry by delivering safety and quality solutions that will enable organizations to meet the most stringent requirements and save lives."
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; and centralized decision support. Using a Software-as-a-Service (SaaS) delivery model, Quantros enables more than 9,500 provider entities to improve performance and provide a safer environment of care with solutions that are always current, easy to deploy and cost-effective. Quantros was acquired by Francisco Partners in 2010. 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.
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