MediQuant | Top 10 Big Data Solutions Provider - 2024
MediQuant: Trusted Partners and Pioneers in Healthcare Data Management
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CIOREVIEW >> Bigdata >> MediQuant

MediQuant has been recognized by CIOReview Magazine as the recipient of “Top 10 Big Data Solutions Providers - 2024,” based on our proprietary methodology, reflecting its position in the industry. This profile has been developed by the CIOReview research and editorial team based on insights from an interview with Jim Jacobs, CEO.

MediQuant
Trusted Partners and Pioneers in Healthcare Data Management

MediQuant

Jim Jacobs, CEO
MediQuant is a leading provider of enterprise data archiving solutions for hospitals and health systems. Its flagship product, DataArk®, helps healthcare organizations retire legacy applications by providing seamless access to the historical healthcare data required for patient care, billing, legal compliance and more.

MediQuant provides strategic data management solutions designed to reduce the costs and risks of maintaining legacy applications while preserving the usability and integrity of legacy data for current and future needs. The company offers scalable, customized solutions spanning the entire data management lifecycle, from application rationalization to extraction, conversion, migration and archival.

Founded in 1999 by pioneers of the data archiving industry, MediQuant has served as the trusted partner to over 350 healthcare systems and 1,100 hospital and physician practices. The company is known for its client-centric philosophy and deep clinical, operational and health information expertise.

“Our aim is to be known as good partners and stewards,” says Jim Jacobs, CEO. “We help clients with data stewardship opportunities and figure out what their data retention roadmaps need to be. We integrate data, making sure that it is usable for secondary purposes.”

Reducing the Complexity and Costs of Maintaining Legacy Data

Health systems operate dozens, sometimes hundreds, of applications daily. As outdated systems are retired, staff still need access to legacy data for compliance, patient care, accounts receivables and other administrative purposes. However, this data is often scattered across multiple applications and silos, creating inefficiencies and challenges, especially during mergers and acquisitions.

DataArk helps organizations consolidate their IT footprint by centralizing legacy data into a secure, vendor-neutral repository that integrates seamlessly with modern EHR and HIS systems. This reduces operational costs while enabling staff to access historical data easily through single sign-on, ensuring continuity and optimizing workflows.

Delivering Future Value and Driving Innovation

Unlike static archives that lock data into hard-to-use formats like PDFs, DataArk is an active archive that stores data in its native format, maintaining its utility for use in clinical decision-making, denial management, payor analysis, clinical research, artificial intelligence (AI) and beyond.

Our aim is to be known as good partners and stewards. We help clients with data stewardship opportunities and figure out what their data retention roadmaps need to be. We integrate data, making sure that it is usable for secondary purposes


As an example, one client struggled to analyze payor behavior and create performance scorecards due to inaccessible legacy data. After implementing DataArk, they used AI to analyze historical data, which led to better decision-making, improved contract negotiations and increased reimbursement rates. This example is one of many ways healthcare organizations are increasingly leveraging legacy data to help inform decisions throughout the continuum of care.

For 25 years, MediQuant has partnered with leading healthcare organizations to tap the potential of their legacy data, leveraging its insights to solve complex data challenges. By maximizing the value of legacy data and reducing risks, we will continue to lead the future of healthcare data management.

Top 10 Big Data Solutions Providers - 2024

Company
MediQuant

Headquarters
.

Management
Jim Jacobs, CEO

Description
Founded in 1999, MediQuant is a leader in enterprise active archiving and interoperability solutions for hospitals and health systems. Its flagship product, DataArk, allows health systems to maintain access to relevant clinical, financial and administrative data, ensuring that valuable data required for patient care and compliance is within reach. MediQuant serves more than 350 health systems, which represent more than 1,100 hospital and physician practice customers.

Top 10 Big Data Solutions Providers - 2024

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