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Last C$0.51 CAD
Change Today 0.00 / 0.00%
Volume 20.0K
As of 3:27 PM 07/2/15 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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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

Medworxx Solutions Inc Announces Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Medworxx Solutions Inc. announced consolidated earnings results for the first quarter ended March 31, 2015. The company was profitable with net income of $171,356 for the three months ended March 31, 2015 as compared to a net loss of $311,948 for the three months ended March 31, 2014. Revenue for the three months ended March 31, 2015 was $2,010,503, representing an increase of 25.7% over revenues of $1,599,305 in the same period last year. The increased profits and revenue are a result of international market expansion program.

Crouse Hospital Selects the Medworxx Solutions Inc.'s Patient Flow Solution for Operational Use

Medworxx Solutions Inc. announced the company has licensed its Patient Flow Platform to Crouse Hospital. Crouse has licensed the Medworxx Clinical Criteria module to deliver necessary improvements in patient throughput to continue their delivery of high quality care. The decision to invest in the Clinical Criteria module followed the delivery of the Medworxx Patient Throughput Review. Medworxx will interface with the existing Siemens Soarian EHR to support clinical workflow. The Clinical Criteria module is designed to provide advanced patient flow analytics in real-time. The derived analytics can be shared across the organization to provide Crouse care coordinators, case managers and multi-disciplinary team with a system to organize and prioritize patient flow across the hospital. The Medworxx Clinical Criteria module will enable the hospital to identify, in real-time, the clinical appropriateness of each patient’s level of care (and whether it’s appropriate to their clinical needs), each day, and will provide clinicians with the ability to match patients with the right level of care, at the right time and in the most appropriate setting.

Community Regional Medical Center Selects Medworxx Patient Flow Solution for Operational Use in the United States

Medworxx Solutions Inc. announced that Community Regional Medical Center has licensed the Medworxx Patient Flow Platform to improve patient flow and specifically reduce Emergency Department crowding. The hospital completed a diagnostic Patient Throughput Review (PTR) led by Medworxx in February 2015 and decided to invest in the implementation of the Medworxx solution for daily operational use. This academic and medical center will implement the Medworxx Clinical Criteria module to support advanced patient flow work. Medworxx analytics will be used by the Case Managers and the Command Center team to help monitor, plan and implement processes to improve patient flow. The Medworxx Clinical Criteria module will enable the hospital to identify the clinical appropriateness of each patient's level of care, each day, and will provide clinicians with the ability to match patients with the right level of care, at the right time and in the most appropriate setting. The Medworxx Patient Flow Platform will interface with their EPIC EHR. Medworxx combines; unique methodology, process, communication, technology, and clinical information as a decision support tool for all levels of an organization. All Medworxx Patient Flow modules are in real-time, enabling staff to make evidence-based decisions quickly. The Medworxx Patient Flow Platform provides hospitals with tools to bridge clinical and operational assessments on daily patient flow optimal for health care systems addressing issues of overcapacity, wait times and care coordination.


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