PR Newswire: news distribution, targeting and monitoring
2014
See more news releases in Health Care & Hospitals  | Awards

HealthQx Wins Marcum Innovator of the Year Award

Share with Twitter Share with LinkedIn

KING OF PRUSSIA, Pa., Nov. 18, 2013 /PRNewswire/ - HealthQx, a company that analyzes big healthcare data market-by-market to score physicians and hospitals compared to their peers, has been named Marcum Innovator of the Year in the small business Healthcare category. 

(Logo: http://photos.prnewswire.com/prnh/20130918/NY81827LOGO )

HealthQx, based in King of Prussia, Pennsylvania, beat 17 other nominees in its category in the Philadelphia region to take the Award. The presentation was held at Philadelphia's Franklin Institute November 14.

Mark McAdoo, HealthQx CEO commented, "This award comes a few months after we won a five-year, multi-million dollar contract to employ our CareQx Software-as-a-Service (SaaS) Solution to help direct millions of veterans to top-tier specialty physicians at the best price.  It's been a great year."

One of the judging criteria for the Award was the impact the entrant's innovation had on the Greater Philadelphia area.  HealthQx added five new positions, including heads of business development and product management, in 2013 to support company growth.

"Given today's performance-based healthcare landscape our CareQx cloud-based solution apparently struck a chord with the judges," Bill Conlan, the company's founder and COO, added.

About HealthQx
HealthQx specializes in data analytics and decision support software to bring transparency to the healthcare industry. The company measures healthcare values market-by-market, nationwide, scoring physicians and hospitals compared to their peers on quality and cost-efficiency.  The goal: to help patients and their physicians find quality care at the most affordable price.

The company's CareQx solution delivers analysis on quality and cost ratings of physicians and hospitals nationwide.  This valuable utilization of big healthcare data can help health plans, self-insured employers, health systems – particularly Accountable Care Organizations (ACOs) – and patients, who are the ultimate users of healthcare services, make informed decisions.

Individual investors and Ben Franklin Technology Partners, one of America's "longest-running technology-based economic development programs," provided early stage funding for HealthQx.

To learn more about HealthQx, visit www.healthqx.com

About MARCUM and the Award
Marcum LLP ranks among the top 20 independent public accounting and advisory services in America.  Marcum Innovator of the Year competitions take place nationwide to honor innovation in healthcare, business management, technology and energy.  The Philadelphia region awards were presented by Marcum and Region's Business magazine and supported by multiple sponsors, including PNC Bank, First Niagara, and Wells Fargo.

SOURCE HealthQx



RELATED LINKS
http://www.healthqx.com

Featured Video

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Share with Twitter Share with LinkedIn
 

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

 
 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

 
 

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.

 
Area to test

Online Member Center

Not a Member?
Click Here to Join
Login
Search News Releases
Advanced Search
Search
  1. PR Newswire Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire
  5. Send a News Release