VitalHub Corp. (the “Company” or “VitalHub”) (TSX: VHI |
OTCQX: VHIBF) is pleased to report that subsidiary, S12
Solutions (“S12”), has signed a multi-year licensing agreement with
West London NHS Trust (“West London” or the “Trust”), resulting in
all nine London Trusts having now commissioned S12 Solutions.
West London NHS Trust has signed a multi-year contract with S12
Solutions to help the Trust move towards its goal to digitally
transform paper-based processes. The license features the S12
Solution platform, notably including the electronic statutory
Mental Health Act (“MHA”) forms. Local authorities also involved in
the project include: Ealing Council, Hammersmith and Fulham
Council, Hounslow Borough Council. With this contract, all nine
London Mental Health Trusts have now commissioned the use of S12
Solutions.
West London NHS Trust provides mental and physical health
services to the London boroughs of Ealing, Hammersmith
and Fulham and Hounslow. West London provides care to
over 800,000 people and additionally provides select services
(including forensic and high-security services) on a national
basis. The Trust employs nearly 4,000 staff, and operates across
several sites, including Broadmoor
Hospital in Crowthorne and St Bernard's
Hospital in Hanwell.
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 this demonstration of progress
achieved by the S12 team,” said Dan Matlow, CEO of VitalHub Corp.
“With this sale, we are now installed across all mental health
Trusts in London and are installed in 80% of facilities across NHS
England. S12 solutions has successfully positioned itself to become
a standard of care by solving the significant market need caused by
the inefficiencies of outdated paper-based processes associated
with the Mental Health Act. We look forward to continued
advancement of the S12 platform install base, as we continue to
execute on our growth strategy.”
ABOUT WEST LONDON
West London NHS Trust is an NHS trust which
provides mental and physical health services to the London boroughs
of Ealing, Hammersmith and Fulham and Hounslow.
West London provides care to over 800,000 people and additionally
provides some services on a national basis, including forensic and
high-security services. The Trust employs nearly 4,000 staff, and
operates across several sites, including Broadmoor
Hospital in Crowthorne and St Bernard's
Hospital in Hanwell.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" and on the OTC
Markets OTCQX Exchange under the symbol “VHIBF”.
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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