Medworxx
Inc. (“Medworxx”) (TSXV: MWX),
a leader in patient flow solutions, announced today the launch of
Medworxx 5.0. This new web-based, integrated Patient Flow solution,
comprised of Medworxx Utilization Management, Medworxx Bed Board,
Medworxx Assessments, and Medworxx Dashboard & Analytics, is available
as a software-as-a-service (SaaS) single solution.
Medworxx 5.0 is built on a platform that provides sharing of data and
functionality across all modules. Medworxx clients will benefit from a
reporting & analysis dashboard with pre-built reports, charts and
indicators needed to make proactive decisions about improvement
opportunities in care transitions and readmissions.
Offered as a SaaS solution, Medworxx 5.0 clients will be able to quickly
and cost-effectively maximize the value of their investment. Medworxx
5.0 will allow clients to rapidly gain the benefit of their Patient Flow
software without significant start-up costs. Clients can focus on their
critical business initiatives and change process, while Medworxx enables
the software.
“We are excited to introduce this unique offering into the healthcare
marketplace,” said Dan Matlow, President and CEO at Medworxx. “While the
individual modules within the Medworxx 5.0 can be licensed separately,
the functionality and data are fully integrated. Medworxx clients will
truly have the ability to optimize appropriate care transitions and
reduce readmissions across the continuum of care.”
With 33% of the Canadian acute care beds and approximately 1,000 beds in
the UK, Medworxx bridges clinical and operational patient flow
perspectives with an increased focus on the “appropriateness” of care.
Medworxx 5.0 provides insight into a large number of potential patient
flow barriers in an easy-to-share and easy-to-read format for actionable
and measurable improvement opportunities.
Mr. Matlow said, “The availability of this new offering will greatly
assist us in our international distribution strategy. We strongly
believe this new solution provides a compelling business case for our
existing clients as well as new prospective clients to license the full
patient flow solution.”
About
Medworxx
Medworxx delivers health information technology solutions to over 350
hospitals internationally; including Canada, United States and United
Kingdom. Medworxx helps hospitals meet patient flow challenges, and
requirements in compliance and education. Medworxx Utilization
Management system—flagship of Medworxx Patient Flow that includes
electronic bed board and independent assessment components—currently
serves over 33% of the acute care beds in Canada. Founded in 2004,
Medworxx Inc. is based in Toronto, ON, and publicly traded on the TSX
Venture Exchange: MWX
Visit www.medworxx.com
The TSX Venture Exchange has not reviewed this press release and neither
approved nor disapproved the information contained in this press release.
Disclaimer
The statements made in this press release may contain forward-looking
statements that may involve a number of risks and uncertainties. Actual
events or results could differ materially from the company’s
expectations and projections. The TSX Venture Exchange has not reviewed
this press release and neither approved nor disapproved the information
contained in this press release.
