WebMD Health Corp. Acquires QxMD to Expand Its Digital Learning and Clinical Decision Support Capabilities

On August 13, 2019, VCBeat (WeChat ID: vcbeat) learned that WebMD Health Corp., an internet brand company and a leader in health information services for physicians and consumers, has acquired QxMD. QxMD is a technology-based learning company headquartered in Vancouver, Canada, providing point-of-care tools and personalized learning solutions for physicians and healthcare professionals (HCPs). QxMD will operate as an independent subsidiary of WebMD Health Corp. The terms of the transaction were not disclosed.

This acquisition combines QxMD’s excellent online clinical calculators and other digital learning tools for HCPs with Medscape’s content, reference materials, medical point-of-care solutions, and crowdsourced offerings. Medscape is a platform that provides digital news, information, and continuing medical education to physicians and HCPs. Medscape is a division of WebMD Health Corp.

Jeremy Schneider, Senior Vice President and General Manager of WebMD Global, stated, “QxMD is a significant complement to the Medscape brand, enhancing our ability to provide optimal solutions in support of patient care. Their robust medical calculators are used by physicians in more than 150 countries, which will further expand Medscape’s reach, ultimately serving over 4 million physicians worldwide.”

Daniel Schwartz, CEO and Medical Director of QxMD, stated, “Medscape is an excellent fit for QxMD, as the company shares our commitment to digital innovation aimed at streamlining and strengthening clinical practice and improving patient care. Leveraging Medscape’s reach, we will have a greater impact on physicians, healthcare professionals, and their patients.”

QxMD is a digital learning technology company that enables healthcare professionals (HCPs) to more easily discover the latest evidence and decision-support tools used in clinical practice. The company’s HCP engagement platform features a curated library of trusted applications, providing millions of members with rapid access to full-text research, continuing medical education (CME), and cutting-edge tools that enhance disease identification and optimize treatment. Powered by a sophisticated personalization engine, the platform aggregates PubMed feeds, journal tables of contents (TOCs), over 450 diagnostic tools, micro-CME courses, and more. QxMD also serves other healthcare institutions, including hospitals, libraries, and academic publishers, as well as nearly 50% of the top 25 global pharmaceutical companies.

Medscape is a leading source of clinical news, health information, and point-of-care tools for healthcare professionals. Medscape provides the most robust and comprehensive medical information and educational tools for specialists, primary care physicians, and other health professionals. Medscape Education (medscape.org) focuses on continuing professional development, offering thousands of free CME and CE courses and other educational programs to physicians, nurses, and other healthcare professionals. Both Medscape and Medscape Education are part of WebMD Health Corp., an internet brand company.

WebMD Health Corp. is an internet brand company and a leading provider of health information services, serving patients, physicians, healthcare professionals, employers, and health plans through its public and private portals, mobile platforms, and health-focused publications. The WebMD Health Network includes WebMD Health, Medscape, Jobson Healthcare Information, prIME Oncology, MediQuality, Frontline, QxMD, Vitals Consumer Services, MedicineNet, eMedicineHealth, RxList, OnHealth, Medscape Education, and other owned WebMD websites. WebMD®, Medscape®, CME Circle®, Medpulse®, eMedicine®, MedicineNet®, theheart.org®, and RxList® are trademarks of WebMD Health Corp. or its subsidiaries.

(Compiled by Tian Shuhang)