MRO Acquires Enterprise Clinical Data Management Platform Q-Centrix
On June 12, MRO Corp., a clinical data exchange company in the healthcare industry based in Pennsylvania, announced the acquisition of Q-Centrix Corp., an enterprise clinical data management platform with its headquarters in Chicago. In a press release, MRO stated that the acquisition positions the company to further accelerate the exchange of clinical data throughout the healthcare ecosystem for providers, payers, life sciences, and users of clinical data. The combined company will service over 2,000 hospitals and health systems, more than 7,000 clinics, and nearly 250 payers.
“At MRO, we believe there is tremendous untapped value in unlocking and leveraging clinical data that resides in fragmented, siloed systems today,” said Jason Brown, CEO of MRO, in a statement.
“MRO and Q-Centrix share a commitment to advancing the industry in service of our customers,” said Milton Silva-Craig, CEO at Q-Centrix, in a statement. “That focus is fueling the creation of a first-of-its-kind platform—seamlessly integrating systems and delivering structured, highly valuable data sets to support clinical care, operational performance, breakthrough research, and regulatory compliance.”
Several leading healthcare technology investors support the acquisition. The financial terms of the transaction were not disclosed.
