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Last C$0.58 CAD
Change Today +0.03 / 5.45%
Volume 16.6K
As of 3:49 PM 08/4/15 All times are local (Market data is delayed by at least 15 minutes).

medworxx solutions inc (MWX) Snapshot

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06/3/15 - C$0.69
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12/10/14 - C$0.30
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medworxx solutions inc (MWX) Details

Medworxx Solutions Inc. provides health information technology solutions to hospitals in Canada, the United States, and the United Kingdom. It develops and sells technologies that are used to assist health care practitioners’ abilities to communicate, aggregate, and analyze knowledge. The company provides Medworxx patient flow software to streamline patient flow and safeguard the appropriateness of care and transitions; and Medworxx compliance and education solutions enable healthcare organizations to create and deploy relevant content. It also offers maintenance and hosting services, and consulting services. The company was founded in 2004 and is headquartered in Toronto, Canada.

Founded in 2004

medworxx solutions inc (MWX) Top Compensated Officers

Chief Executive Officer, President and Execut...
Total Annual Compensation: C$256.7K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: C$190.0K
Senior Vice President of Sales
Total Annual Compensation: C$155.0K
Vice President of Product Development & Servi...
Total Annual Compensation: C$163.6K
Vice President of Patient Flow Process Improv...
Total Annual Compensation: C$150.9K
Compensation as of Fiscal Year 2014.

medworxx solutions inc (MWX) Key Developments

NHS England Identifies Medworxx as an Official Clinical Utilisation Review (CUR) Provider

Medworxx Inc. announced that NHS England has selected Medworxx and three other patient flow solution providers as CUR Preferred Bidders. In 2014 NHS England introduced a Commissioning for Quality and Innovation scheme (CQUIN) to require mandatory adoption of CUR as a core capability to ensure the provision of safe and cost effective care. After an extensive RFP process, NHS England named four vendors to support CUR technology for specialised services and critical care. This announcement confirms that NHS England and preferred vendors now have a Framework Agreement in place and allows NHS Trusts to contract directly with vendors from the framework without repeating the usual procurement processes using CQUIN funds. The Framework Agreement also confirms that only products from these four vendors will be recognized for CQUIN funding. The framework can also be used by all other NHS provider and commissioner organizations in England.

Medworxx Patient Flow Solution Continues to Expand in the UK with Adoption from Basildon and Thurrock University Hospitals NHS Foundation Trust

Medworxx Solutions Inc. announced Basildon and Thurrock University Hospitals NHS Foundation Trust (BTUH) has licensed the Medworxx Clinical Criteria Module to be installed in a multi-phase Clinical Utilisation Review (CUR) deployment across the Acute Trust and ultimately into neighbouring Community based services, covering close to 700 beds across several locations. BTUH has been successfully appointed by NHS England as an early Implementer of the National CUR CQUIN Scheme and provides an extensive range of acute services for 405,000 people living in south-west Essex. The Essex Cardiothoracic Centre is also part of the Trust, providing a full range of tertiary cardiothoracic services for the whole county and further afield. Phase one of the locally hosted implementation includes a strategic rollout across the Cardiothoracic Centre’s three wards, with Phase two including all general medicine beds.

Community Regional Medical Center Expands Use of Medworxx Patient Flow Platform by Adding the Bed Management Module and Increasing Clinical Criteria Licensing

Medworxx Solutions Inc. announced that Community Regional Medical Center (CRMC) has secured additional Medworxx Patient Flow Platform licenses. Community Regional Medical Center began working with Medworxx in February 2015 and has since implemented the Medworxx Clinical Criteria Module to support the facility's advanced patient flow work. The training implementation phase was completed in May 2015 across four units at CRMC. This phase demonstrated enough value to support the business case for an enterprise license grant of the Clinical Criteria module for all of CRMC. In addition, CRMC has also decided to license the Bed Management module across the entire hospital. The decision to purchase the additional Clinical Criteria licenses and implement the Bed Management module expands the hospital's multi-unit rollout across the entire CRMC campus.


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