GLENDALE, Ariz. (October 19, 2015)—Gary Cox, CEO of PMDRX is pleased to announce that PMDRX (Power Mobility Doctor Rx LLC) has been named as a semifinalist in the Arizona Innovation Challenge. The Arizona Commerce Authority (ACA) today announced 25 semifinalists in the Fall 2015 round of the Arizona Innovation Challenge (AIC), a bi-annual business plan competition for promising early-stage companies in high-growth industries.
A panel of expert judges evaluated 131 applications for the Fall 2015 AIC submitted by companies based in Arizona, California, Ohio, Utah and Virginia. The judges assessed each application on a set of criteria including technology potential, marketing strategy, quality of management team and economic impact. The Arizona Commerce Authority will provide $250,000 awards to each of the 6 winning companies in December.
The Fall 2015 semifinalist companies represent the following high-value industry sectors by percentage:
- IT-Software: 56%
- Bio & Life Sciences: 20%
- Cleantech/Renewable Energy: 8%
- IT-Hardware 4%
- Advanced Materials: 4%
- Advanced Manufacturing: 4%
- Aerospace & Defense: 4%
PMDRX is a cloud based mobility exam and documentation solution currently utilized throughout the U.S. by Prescribing Medical Practitioners who integrate with Mobility Suppliers via the PMDRX technology for mobility documentation compliance. Thousands of Practitioners, including Military Physicians and facilities have been successfully using PMDRX for over 4 years. Practitioners and Suppliers utilizing PMDRX report virtually 100% documentation compliance evidenced by pre and post payment reviews, prior authorization affirmations and audits.
Visit pmdrx.com for more information.