VitalHub Corp. (the “Company” or “VitalHub”) (TSX: VHI) is pleased
to announce a multi-year licensing deal of subsidiary Intouch with
Health’s (“Intouch”) software solutions with Bedfordshire Hospitals
NHS Foundation Trust (the “Trust” or “Bedfordshire Hospitals”).
This transaction comprises the 7th Intouch with Health deal
announced this quarter.
Bedfordshire Hospitals NHS Trust is a new customer of the
Company, with the Trust engaging with Intouch last year to look at
improving efficiencies in assisting with the management of their
elective care backlog. Bedfordshire Hospitals NHS Foundation Trust
is a large general hospital across two sites, Luton & Dunstable
University Hospital and Bedford Hospital. The Trust provides a
comprehensive range of general medical and surgical services,
including emergency department (ED) and maternity services.
The Trust serves the Luton, Central Bedfordshire, Bedford
Borough, Hertfordshire, and segments of the Buckinghamshire
population. Last year, Bedfordshire Hospitals provided healthcare
services for over 153,000 admitted patients and over 700,000
outpatients and Emergency Department attendees.
Bedfordshire Hospitals NHS Foundation Trust has completed a
licensing agreement, providing access to a host of Intouch with
Health’s patient flow solutions. Specifically, this licensing
agreement comprises use of Flow Manager, eOutcomes, Mobile
Appointment Manager, Virtual Clinics Manager, Patient Calling, and
HL7 software solutions. There will be no hardware in this licensing
agreement, providing the Trust with a deployment timescale of 12
weeks. The Trust is excited to build its existing relationship with
Luton & Dunstable University Hospitals, and to build a new
relationship with the broader Bedfordshire Hospitals community.
With the implementation of these products, the Trust can expect to
see improved patient experience, effective flow management,
accurate and diligent clinical data collection, and an overall
improvement in operational efficiencies.
“The ongoing market traction demonstrated through these new
customer transactions provides ratification of the persistent
market need for our solutions,” said Dan Matlow, CEO of VitalHub
Corp. “As the seventh Intouch with Health transaction announced
this quarter, we continue to execute on our growth strategy,
providing health IT leadership across the NHS and UK healthcare
landscape.”
ABOUT BEDFORDSHIRE HOSPITALS NHS FOUNDATION
TRUST
Bedfordshire Hospitals NHS Foundation Trust was formed on 1
April 2020, following the merger of Bedford Hospital and the Luton
and Dunstable University Hospital. Bedford Hospitals NHS Foundation
Trust provides a full range of acute hospital services to a
population of around 700,000. Hospitals NHS Foundation Trust
employs 8,000 staff, making it the largest NHS employer is
Bedfordshire. In 2015, the Trust was ranked in the top forty places
to work in the NHS. The Trust is committed to delivering quality
care through enacting teamwork, honesty, openness, respect,
inclusivity, and excellence.
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 275+ 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 Toronto Stock Exchange
(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 a 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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