About HealthQx
HealthQx is a Healthcare company based in King Of Prussia (United States) founded in 2012, and was acquired by McKesson in July 2016. Value-based payment analytics are provided for health plans and systems. HealthQx has raised $4.36 million across 4 funding rounds from investors including McKesson, Health Enterprise Partners and Ben Franklin Technology Partners. The company has 14 employees. The company was acqui-hired. Its focus areas include HealthTech, Healthcare IT, Horizontal and Suite Solutions. Its legal entity is HealthQx LLC. Its competitors include Zelis Healthcare, Availity and RelayHealth; 1 of its 3 listed competitors has raised funding.
Company details
HealthQx was founded in 2012 and is based in King of Prussia, United States. The company operates in the healthcare analytics sector, where the ClarityQx platform is utilized by health plans and systems. Capabilities for designing, implementing, and monitoring payment modelsincluding episodic, bundled, and accountable care arrangementsare offered through this platform. Actionable intelligence is supplied to support the management of payment structures focused on quality care and cost efficiency.
- Headquarters King Of Prussia, United States
- Employees 14
- Stage Acquired
- SectorsHealthcare
- Website healthqx.com
- Social LinkedIn X
- Acquired by McKesson (Jul 2016)
- Legal Name Healthqx Llc
Funding Insights of HealthQx
HealthQx has successfully raised a total of $4.36M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $3.66 million completed in April 2015. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $4.36M
- Total Rounds 4
- Last Round Series A β $3.66M
- First Round $150,000
(Feb 2013)
- Investors Count 2
All 4 funding rounds of HealthQx with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2015 | $3.66M | Series A | β | Health Enterprise Partners | β |
| May 2014 | $250,000 | Seed | β | β | |
| Mar 2014 | $300,000 | Seed | β | Ben Franklin Technology Partners | β |
| Feb 2013 | $150,000 | Seed | β | β |
3 investors in total: 3 institutional.
Investors in HealthQx
HealthQx has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include McKesson, Health Enterprise Partners and Ben Franklin Technology Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are focused on healthcare and information technology sectors. | 1999 | hepfund.com | New York, United States | |
Technology ecosystem growth is supported in Southeastern Pennsylvania. | sep.benfranklin.org | Philadelphia, United States | ||
Products and services are provided in the healthcare industry. | 1833 | mckesson.com | Irving, United States |
Investor details for HealthQx
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
Timeline of HealthQx
4 dated milestones of HealthQx across 4 years, from founding to its latest funding, stage changes and deals.
- Founded HealthQx is founded.
- Funding First funding round of $150K.
- Funding Latest funding round, Series A, of $3.7M.
- Exit Acquired by McKesson.
Competitors of HealthQx
HealthQx has 3 listed competitors in our database, 1 of them funded. They include Zelis Healthcare, Availity and RelayHealth.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zelis.com | 1995 | Boston, United States | 2,336 | Digital solutions to modernize the healthcare financial experience for payers, providers, and members | ||
| availity.com | 2001 | Jacksonville, United States | 1,436 | Cloud-based solutions are provided for healthcare payers and providers. | ||
| relayhealth.com | 1990 | Atlanta, United States | $48.4M | Clinical connectivity, health IT, and pharmacy solutions are provided. |
Detailed competitors of HealthQx
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as HealthQx (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Frequently Asked Questions about HealthQx
HealthQx was founded in 2012 and raised its 1st funding round 1 year after it was founded.
HealthQx is headquartered in King Of Prussia, United States. It is registered at King Of Prussia, Pennsylvania, United States.
HealthQx is a funded company, having raised a total of $4.36M across 4 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Feb 2013.
HealthQx has 14 employees.
HealthQx was founded in 2012 and is based in King of Prussia, United States. The company operates in the healthcare analytics sector, where the ClarityQx platform is utilized by health plans and systems. Capabilities for designing, implementing, and monitoring payment modelsincluding episodic, bundled, and accountable care arrangementsare offered through this platform. Actionable intelligence is supplied to support the management of payment structures focused on quality care and cost efficiency.
HealthQx's top competitors include Zelis Healthcare, Availity and RelayHealth.
HealthQx has 3 investors. Key investors include McKesson, Health Enterprise Partners, and Ben Franklin Technology Partners.
HealthQx operates through Healthqx Llc.
Yes. HealthQx was acquired by McKesson in July 2016.
