MIAMI--(BUSINESS WIRE)--QualMetrix, Inc., a leading Software as a Service (SaaS) based analytics company focused on solutions for healthcare payors and providers, announced the recent close of an equity-financing round.

“Proceeds from our recent financing will support the continued expansion of our sales and marketing efforts and the growth of our current customer base,” said Adam House, Sr., Chief Executive Officer of QualMetrix. “By using our powerful, SaaS-based platform, our payor and provider customers are able to identify opportunities for care improvement that have a meaningful and immediate ROI, delivering unprecedented time-to-value. With the validation of our platform by our initial customers, which include some of the leading healthcare organizations in the U.S., we are well positioned to significantly scale our revenue and installed base.”

Dr. Larry Schimmel, Chairman of QualMetrix, added, “Feedback from our customers continues to be positive: our solutions deliver actionable business insight across the continuum of care. Using our QM^(x)TM platform, our customers use a single screen to visualize key insights by facility, provider, diagnosis and member, with a 360-degree view of information impacting their organizations in the areas of financial, clinical, quality, performance measurement and compliance. We have made significant achievements over the course of the year and are now expanding our organization to support further growth.”

About QualMetrix

QualMetrix delivers high value healthcare analytics, actionable insights and innovative reporting to payors, providers and employers. Built by medical directors for medical directors^TM, QualMetrix delivers the answers healthcare leaders need to drive improvements in quality, cost and performance - so they can do better with less.