HealthQx

King Of Prussia, United States Founded: 2012 • Age: 14 yrs Acquired By McKesson
Value-based payment analytics are provided for health plans and systems.
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About HealthQx

HealthQx is a company based in King Of Prussia (United States) founded in 2012 was acquired by McKesson in July 2016.. 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 as of December 31, 2022. HealthQx operates in a competitive market with competitors including Zelis Healthcare, Availity, RelayHealth, HMS and Transparent Health Marketplace, among others.

  • Headquarter King Of Prussia, United States
  • Employees 14 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Healthqx Llc
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4.36 M (USD)

    in 4 rounds

  • Latest Funding Round
    $3.66 M (USD), Series A

    Apr 01, 2015

  • Investors
    McKesson

    & 2 more

  • Employee Count
    14

    as on Dec 31, 2022

  • Acquired by
    McKesson

    (Jul 12, 2016)

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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
  • Total Rounds 4
  • Last Round Series A — $3.7M
  • First Round

    (11 Feb 2013)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2015 Amount Series A - HealthQx Valuation Health Enterprise Partners
May, 2014 Amount Seed - HealthQx Valuation

investors

Mar, 2014 Amount Seed - HealthQx Valuation Ben Franklin Technology Partners
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments are focused on healthcare and information technology sectors.
Founded Year Domain Location
Technology ecosystem growth is supported in Southeastern Pennsylvania.
Founded Year Domain Location
Products and services are provided in the healthcare industry.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by HealthQx

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - HealthQx

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Healthqx Comparisons

Employees
+
Add Comparison
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Competitors of HealthQx

HealthQx operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zelis Healthcare, Availity, RelayHealth, HMS and Transparent Health Marketplace, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Digital solutions to modernize the healthcare financial experience for payers, providers, and members
domain founded_year HQ Location
Cloud-based solutions are provided for healthcare payers and providers.
domain founded_year HQ Location
Clinical connectivity, health IT, and pharmacy solutions are provided.
domain founded_year HQ Location
Suite of cost containment solutions is provided to health plans.
domain founded_year HQ Location
Online marketplace for connecting healthcare payors and providers is operated.
domain founded_year HQ Location
Healthcare management software is developed for provider coordination.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Healthqx

Frequently Asked Questions about HealthQx

When was HealthQx founded?

HealthQx was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is HealthQx located?

HealthQx is headquartered in King Of Prussia, United States. It is registered at King Of Prussia, Pennsylvania, United States.

Is HealthQx a funded company?

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 $300K, raised on Feb 11, 2013.

How many employees does HealthQx have?

As of Dec 31, 2022, the latest employee count at HealthQx is 14.

What does HealthQx do?

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.

Who are the top competitors of HealthQx?

HealthQx's top competitors include Zelis Healthcare, Availity and HMS.

Who are HealthQx's investors?

HealthQx has 3 investors. Key investors include McKesson, Health Enterprise Partners, and Ben Franklin Technology Partners.

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