QuadraMed Corporation

Reston, VA United States

  (UTP NASDAQ: QDHC)

Company Description

Many hospitals count on QuadraMed to keep their operations running. Serving local, regional, and government hospitals and clinics in the US, the company provides IT services and develops software for financial management, patient and clinical data management, and compliance functions. Its products enable health care professionals to organize patient care and medical data for the purpose of managing claims, billing, and other financial functions. Other applications include tools for managing laboratory and radiology data, scheduling and resources, and compliance with regulations. QuadraMed became a private company when it was acquired in 2010 for about $126 million in cash by Francisco Partners Management.