VitalHub Subsidiary S12 Solutions Reports a New Multi-Year Contract at Northamptonshire, UK
December 15 2021 - 9:49AM
VitalHub Corp. (the “Company” or “VitalHub”) (TSX:
VHI) is pleased to report that its subsidiary, S12
Solutions (“S12”), which was acquired by VitalHub earlier this
year, continues to achieve significant market penetration with a
new S12 Solutions contract signed in November 2021.
Northamptonshire Healthcare NHS Foundation Trust (“the “Trust” or
“Northamptonshire”) has signed a multi-year contract with S12
Solutions to help the Trust move towards its goal to digitally
transform paper-based processes. The Northamptonshire contract
includes: 1 Clinical Commissioning Group, 2 Local Authorities and 1
Trust. The license features the S12 Solution standard platform,
including both; the electronic statutory Mental Health Act (“MHA”)
forms and the electronic claims process.
S12 Solutions is a UK-based company, which helps mental health
professionals efficiently complete Mental Health Act 1983 (“MHA”)
processes. S12 Solutions is a digital platform, which connects
Approved Mental Health Professionals (“AMHPs”) with approved
section 12 (“s.12”) doctors for MHA assessments in England. AMHPs
are able to find available, nearby doctors, create s.12 doctor
claims, and both AMHPs and doctors can create, complete and share
electronic statutory MHA forms.
Founded in 2017, S12’s platform supports mental health crisis
care pathway efficiency through timely access to the best available
assessing team for service users, more assessment preparation time
for AMHPs, and greater control over contact information and s.12
work for doctors.
“We are extremely pleased with the progress being achieved by
the S12 team,” said Dan Matlow, CEO of VitalHub Corp. “The S12
platform solves a significant market need by addressing the
inefficiencies caused by outdated paper-based processes associated
with the MHA. In addition to this planned implementation at
Northamptonshire, we continue to see a significant opportunity to
leverage the S12 technology platform, both within its current
mental health application, and to disrupt additional healthcare
market verticals.”
About Northamptonshire Healthcare NHS Foundation
Trust:Northamptonshire Healthcare NHS Foundation Trust
(NHFT) is committed to making a difference in the community the
Trust serves. Northamptonshire offers more than 100 services
including mental health, community nursing, sexual health,
physiotherapy and a range of others including specialty
services.
More than 5,000 staff contribute to providing dedicated
healthcare for the community, making contact with patients on more
than 1.5 million occasions in 2017/18 alone. Northamptonshire’s
current population of over 733,000 people is set to rise by 4% by
2030. Of this population, 20.1% are aged 0-15, 62.6% are aged 16-64
and 17.3% are over 65 years old.
About VitalHub: Software for Health and Human
Services providers designed to simplify the user experience &
optimize outcomes.
VitalHub provides technology to Health and Human Services
providers including; Hospitals, Regional Health Authorities, Mental
Health, Long Term Care, Home Health, Community and Social Services.
VitalHub solutions span the categories of Electronic Health Record
(EHR), Case Management, Care Coordination, Patient Flow &
Operational Visibility, and DOCit Mobile Apps.
The Company has a robust two-pronged growth strategy, targeting
organic growth opportunities within its product suite, and pursuing
an aggressive M&A plan. Currently, VitalHub serves 400 clients
across Canada, USA, UK, Australia, Qatar, and Latvia. VitalHub is
based in Toronto, Canada, with an offshore development hub in Sri
Lanka. The Company is publicly traded on the TSX under the symbol
“VHI”.
Cautionary Statement: This press release
includes forward-looking statements regarding the Corporation and
its business, which may include, but is not limited to, statements
with respect to the appointment of new directors. Often, but not
always, forward-looking statements can be identified by the use of
words such as "plans", "is expected", "expects", "scheduled",
"intends", "contemplates", "anticipates", "believes", "proposes" or
variations (including negative variations) of such words and
phrases, or state that certain actions, events or results "may",
"could", "would", "might" or "will" be taken, occur or be achieved.
Such statements are based on the current expectations of the
management of each entity and are based on assumptions and subject
to risks and uncertainties. Although the management of each entity
believes that the assumptions underlying these statements are
reasonable, they may prove to be incorrect. The forward-looking
events and circumstances discussed in this release, may not occur
by certain specified dates or at all and could differ materially as
a result of known and unknown risk factors and uncertainties
affecting the companies, including risks regarding the technology
industry, failure to obtain regulatory or shareholder approvals,
market conditions, economic factors, the equity markets generally
and risks associated with growth and competition. Although the
Corporation has attempted to identify important factors that could
cause actual actions, events or results to differ materially from
those described in forward-looking statements, there may be other
factors that cause actions, events or results to differ from those
anticipated, estimated or intended. No forward-looking statement
can be guaranteed. Except as required by applicable securities
laws, forward-looking statements speak only as of the date on which
they are made and the Corporation undertakes no obligation to
publicly update or revise any forward-looking statement, whether as
a result of new information, future events, or otherwise.
CONTACT INFORMATION:Dan MatlowChief Executive
Officer, Director(416) 727-9061dan.matlow@vitalhub.com
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