Medworxx announces expansion into the U.S.

NewsGuard 100/100 Score

On the heels of a year marking 36% growth in hospital beds served, Medworxx Inc. ("Medworxx") (TSXV: MWX), a leader in clinical patient flow solutions, announced today its expansion into the USA. With 30% of acute care beds in Canada currently served, and ~1000 beds in the UK, the company meets a universal, health system-agnostic need to measure and monitor appropriate levels of care. And with 944,000K beds in the US market - and ~$800 billion in systemic waste - Medworxx sees significant opportunity for impact from its patient flow solution that provides for quantifiable increases in efficiency.

"With Accountable Care driving such a focus on waste in the US healthcare market, and with our solutions' track record of helping hospitals fix bottlenecks and delays, we know we have an ideal fit for ACOs," said Dan Matlow, President and CEO, Medworxx.

Medworxx bridges clinical and operational perspectives on daily flow optimally for a US healthcare system that is increasingly demanding a patient-centered approach. This week's report, "Support for Accountable Care: Recommended Health IT Infrastructure," out of eHealth Initiative, emphasizes the necessities of care coordination, collaboration, tracking and workflow management - all of which are addressed by Medworxx Patient Flow solution.

Medworxx Patient Flow, including Medworxx Utilization Management and Medworxx Bed Board, are being demonstrated in the newest Microsoft .NET form at the Health Information Systems Society (HIMSS) Annual Conference commencing on February 20, 2012. With more than 30,000 attendees, the company anticipates interest in this Canadian-based solution's answers to pains in America's health system.

"Whether we look at Canada, UK or US, we are dealing with the same basic issues with patient flow - and our approach to measuring disruptions so that hospitals can manage them is proving to translate internationally," said Matlow. "We developed a health IT system around a very common-sense methodology built by a local hospital to address daily pressures of gauging patient care intensity" he added, "Our story could only emerge from a high pressure healthcare environment where necessity breeds innovation."

"We are starting to achieve truly breakthrough results. We just hit a milestone in our ED getting 90% of admitted patients to an in-patient bed in 3.7 hours -our goal for the year was to ensure 90% in less than 9 hours," said Paul Collins, President and CEO St. Thomas Elgin General Hospital, where the Medworxx Patient Flow process and solution originated. "Our team has used Medworxx data to help improve flow and we're now among the leaders in this quality measure in our province."

Validated by uptake in Canada and United Kingdom's National Health System (NHS), Medworxx is expanding to leverage growth from 2010 thru 2011 that marks a 36% increase in coverage to a total of ~ 21,000 beds licensed internationally, including agreements with 4 of Canada's 10 Provinces, as well with Local Health Integration Networks (LHIN), regional and local hospitals-and also in the UK NHS Trust.

Source:

Medworxx

Comments

The opinions expressed here are the views of the writer and do not necessarily reflect the views and opinions of News Medical.
Post a new comment
Post

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.

You might also like...
Study finds lack of preventative care for children with sickle cell anemia