VitalHub Announces First Canadian Licensing Agreement of the Award-Winning Synopsis Digital Pre-Operative Platform with Health Sciences North/Horizon Santé-Nord
July 07 2022 - 6:30AM
VitalHub Corp. (the “Company” or “VitalHub”) (TSXV: VHI) is pleased
to announce the licensing of subsidiary Intouch with Health’s
(“Intouch”) digital pre-operative assessment platform comprised of
Synopsis iQ and Synopsis Home to Health Sciences North / Horizon
Santé-Nord (“HSN”). HSN is the first Synopsis customer in Canada
and underlines the commercial applicability of this award-winning
solution in the Canadian marketplace.
HSN is an existing VitalHub customer having previously invested
in the Company’s EHR and Case Management solution. The licensing of
Synopsis iQ and Home comes as part of HSN’s drive to invest in
digital transformation to improve the quality, efficiency, and
workflow of their Pre-Admission department for the benefit of
patients and clinicians.
Synopsis iQ and Home were licensed to improve the business
process and workflow of the pre-operative assessment and surgery
booking pathways optimizing operating room utilization and
resulting in an improved patient experience and outcomes.
HSN like many hospitals across Canada and globally are working
their way through the COVID-19 related surgical backlog which the
investment in Synopsis is going to help them clear more safely and
efficiently.
“During COVID we have had to do many of our Pre-Admission
consults over the phone taking up a huge amount of nursing hours.
Without a digital system in place, we’d required patients to
document their own pre-op instructions which was not ideal and or
aligned with HSN’s standard of practice. Synopsis allows the
patient to be able to, in English or French, complete their own
health history and medication list online and submit it prior to
their surgery for us to retain in their chart and for them to have
access to information about their surgery. We are excited about
rolling Synopsis out across our surgical programs”, said Kristy
McDonald, RN BScN, Quality Improvement Manager- Surgical Program,
Health Sciences North/ Horizon Santé-Nord
“We are expanding our partnership with HSN. Their focus and
commitment to providing excellent care through digital
transformation is inspiring. We are elated that they’ve chosen to
be our first Canadian Synopsis customer. This partnership
reinforces that our focused acquisition strategy of adding
complimentary and innovative solutions to our Patient Flow
portfolio positively impacts our customers and their ability to
optimize patient care outcomes”, said Niels Tofting, EVP, Business
Development and Marketing, VitalHub.
ABOUT HEALTH SCIENCES NORTH / HORIZON
SANTE-NORD
Health Sciences North is the regional hospital for Northeastern
Ontario and a leading academic health science centre in Canada. As
the tertiary care centre with 25 sites across the region, HSN
provides critical and inpatient care for more than half a million
people across a variety of services and programs, including
cardiology, oncology, nephrology, trauma, and rehabilitation.
HSN is one of Canada’s Top 40 Research Hospitals, and their
Regional Cancer Program ranks among the top five in Ontario on
quality improvement indicators.
https://hsnsudbury.ca/en
ABOUT VITALHUB
Software for Health and Human Services providers designed to
simplify the user experience and optimize outcomes. VitalHub
develops mission-critical technology solutions for Health and Human
Services providers in the Mental Health (Child, Youth & Adult),
Long-Term Care, Home Health, Community & Social Services and
Acute Care sectors.
VitalHub develops technologies in two primary categories:
Patient Flow, Operational Visibility & Patient Journey
Optimization solutions; and Electronic Health Record, Case
Management, Care Coordination & Optimization solutions. The
Company has a robust two-pronged growth strategy, targeting organic
growth opportunities within its product suite, and pursuing a
strategic M&A plan. Currently VitalHub serves more than 600
clients across Canada, USA, UK, Australia, New Zealand, the Middle
East, and Europe.
VitalHub is based in Toronto, Canada, with an offshore
development hub in Sri Lanka. The VitalHub team comprises more than
200 team members globally. The Company is publicly traded on the
Toronto Stock Exchange (TSX) under the symbol "VHI".
https://www.vitalhub.com/
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
Vitalhub (TSX:VHI)
Historical Stock Chart
From Nov 2024 to Dec 2024
Vitalhub (TSX:VHI)
Historical Stock Chart
From Dec 2023 to Dec 2024