QuadMed buys minority interest in Stat Health Services

Special to The Freeman

March 18, 2014

SUSSEX – QuadMed, a provider of onsite, near site and shared site employer-sponsored health and wellness solutions, has entered into a strategic partnership with Stat Health Services, according to a company announcement.

QuadMed is a subsidiary of Sussex-based Quad/Graphics, a global provider of print and related multichannel solutions. QuadMed serves more than 100 clients in more than 90 health centers. Stat Health Services is the provider of Stat Doctors eHealth solution.

As part of the agreement, QuadMed purchased a minority ownership interest in Stat Health Services.
“QuadMed continues to lead the evolution of health care at this transformative time in the health care industry,” said Joel Quadracci, chairman, president and CEO of Quad/Graphics, in a statement. “Stat Doctors is an innovative approach to acute health care delivery that complements QuadMed’s continuum of health care solutions focused on improving the quality of patient care and outcomes while reducing overall costs. This investment expands health care management solutions for employers who, like us, want to keep employees and their dependents healthy and productive.”

Stat Doctors offers patients a network of the nation’s top emergency medicine specialists through its partnership with Emergency Medicine Physicians, a network of highly qualified emergency medical providers dedicated to delivering exceptional care.

“As a pioneer in the use of telemedicine through our Corporate Health Suites solution, we have discovered that it’s not just the technology that’s important, but also the physician network,” said Tim Dickman, president of QuadMed, in a statement. “The doctor-patient relationship is key to providing effective care and positive outcomes. Stat Doctors facilitates this important relationship using state-of-the-art telemedicine.”