Vitalhub Announces Two-Year Licensing Deal of Pre-Op Solution, Synopsis iQ to Buckinghamshire Healthcare NHS Trust
March 22 2022 - 6:30AM
VitalHub Corp. (the “Company” or “VitalHub”) (TSX: VHI) is pleased
to announce a two-year licensing of subsidiary Intouch with
Health’s (“Intouch”) award-winning Synopsis solutions to
Buckinghamshire Healthcare NHS Trust (the “Trust” or
“Buckinghamshire”). This sale marks the 9th Intouch with Health
transaction announced this quarter.
Buckinghamshire Healthcare NHS Trust is a new customer of the
Company, and has completed a licensing agreement to access the
award-winning Synopsis Home and Synopsis iQ products. With the
integration of the Synopsis solution, the Trust can expect to see
better visibility into their elective backlog, streamlined pre-op
assessments which will alleviate managerial pressures, a triaging
platform that will limit unnecessary appointments and better tend
to complex patients, open integration into existing systems,
flexible workflow, comprehensive and accurate pre-op assessments,
and decision making support that highlights risk through the 250+
algorithms programmed into Synopsis modules. The Trust currently
completed in excess of 20,000 pre-operative appointments annually,
and can expect to achieve significant efficiencies through use of
the Synopsis solutions.
Buckinghamshire Healthcare NHS Trust comprises Wycombe Hospital,
Stoke Mandeville Hospital, Amersham Hospital, Buckingham Community
Hospital, and Thame Community Hospital. The Trust operates in
Buckinghamshire, England, serving a population of approximately
600,000 people, and employing over 6,000 staff members. This
two-year licensing agreement will include access to the Synopsis iQ
and Synopsis Home offerings, which will be integrated into the
Wycombe Hospital, Stoke Mandeville Hospital, and Amersham Hospital.
The Trust is excited to engage in this new partnership and grow its
adoption rate among UK hospitals.
“This deal with Buckinghamshire provides further ratification of
our market leadership, in addressing the demand for operational
visibility and organizational efficiency solutions,” said Dan
Matlow, CEO of VitalHub Corp. “The Trust was clear on the
objectives they were seeking to address - from a clinical,
managerial, and technical aspect, and believed the Synopsis
products were best equipped to help them meeting and surpass them.
The result will allow the system as a whole to work smarter and
more efficiently, improving care delivery and quality for both the
patients and staff. We look forward to continuing to expand our
reach and penetration across the UK’s National Health Service, and
beyond.”
ABOUT BUCKINGHAMSHIRE HEALTHCARE NHS TRUST
Buckinghamshire Healthcare NHS Trust comprises Wycombe Hospital,
Stoke Mandeville Hospital, Amersham Hospital, Buckingham Community
Hospital, and Thame Community Hospital. The Trust operates in
Buckinghamshire, England, serving a population of approximately
600,000 people. Buckinghamshire Healthcare NHS employs over 6,000
staff, each committed to treating every patient with safe and
compassionate care. Buckinghamshire Healthcare NHS Trust is one of
the first integrated acute and community providers in the country,
and is the major provider of specialist, acute, and community
healthcare services for the people of Buckinghamshire.
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 INFORMATIONDan MatlowChief Executive
Officer, Director(416) 727-9061dan.matlow@vitalhub.com
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