VitalHub Corp. (the “Company” or “VitalHub”) (TSX:VHI)
(OTCQX:VHIBF) and its subsidiary, VitalHub UK (“VitalHub UK”) are
pleased to announce the expansion of its digital healthcare
portfolio into the Middle East, via a new strategic partnership
with Abu Dhabi Health Data Services (ADHDS), an Abu Dhabi-based
premier digital healthcare solutions organization and a strategic
catalyst for advancing healthcare in Abu Dhabi and beyond. ADHDS is
part of M42, a first-of-its-kind health powerhouse, committed to
reshaping the future of health with technology as a key enabler.
This partnership marks a significant milestone for the UK provider
as they aspire to enhance healthcare services across the region.
The partnership agreement spans five years and
will extend to territories including Israel, UAE, Bahrain, and The
Hashemite Kingdom of Jordan, with additional coverage in the rest
of the Gulf Cooperation Council (GCC) countries.
Mike Sanders, CEO at VitalHub
UK, stated: “We know what it takes to accelerate the
delivery of digital transformation at scale, so this strategic
partnership between VitalHub UK and ADHDS, will help strengthen our
commitment to the Middle East. This partnership is a
significant step forward, amplifying our presence and enhancing
healthcare solutions across the Middle East. By combining our
healthcare technology expertise with M42's regional insights, we
aim to introduce tailored innovations for healthcare providers to
improve care services across the region.”
Dan Matlow, CEO at VitalHub
Corp., parent company of VitalHub UK, added: “This
partnership underscores our dedication to advancing healthcare
technology in the Middle East, empowering organizations with
cutting-edge solutions for improved outcomes and efficiency. With
ADHDS’s support, we, at VitalHub UK, are well-positioned to deliver
enhanced value and innovation to the Middle East healthcare
landscape. We anticipate transformative outcomes as our
collaboration unfolds, reshaping the trajectory of healthcare
technology in the region.”
Kareem Shahin, Acting CEO of ADHDS,
said: “We are excited about the strategic partnership with
VitalHub UK, a collaboration that marks a significant milestone in
our commitment to advancing the healthcare ecosystem in Abu Dhabi
and the Middle East. Both organizations unite with a shared
purpose; to propel healthcare forward through cutting-edge digital
health solutions, laying the foundation for our collaborative
efforts over the next five years. By leveraging our regional
footprint and expertise in conjunction with VitalHub UK’s
innovative solutions, we are positioned to enact enduring
enhancements to the well-being of the communities we serve."
About VitalHub UK
VitalHub UK is a leading health-tech company,
with a collective of over 160 years’ experience in collaborating
with national healthcare organizations, to co-design, develop, and
deploy expert patient-flow solutions. With a track record of
providing transformative solutions across all levels of healthcare,
VitalHub UK’s portfolio ranges from patient-facing apps and
in-hospital flow management to national system control centres
supporting the provision of care services at national levels,
delivering an eco-system of joined-up technical infrastructure and
centralized data integration.
About Abu Dhabi Health Data Services LLC (ADHDS), An M42
Company
Abu Dhabi Health Data Services (ADHDS) is a
premier digital healthcare solutions company serving as a strategic
catalyst for advancing the healthcare ecosystem in Abu Dhabi and
beyond. ADHDS digitally empowers health by championing innovative
solutions to elevate the quality of care, expand access, optimize
costs, and unleash efficiencies on a national, regional, and global
scale.
Harnessing the power of data and technology,
ADHDS drives transformative change across the healthcare eco-system
and makes a lasting impact on the communities they serve.
ADHDS was established in 2018 as a
Private-Public Partnership (PPP) with the Department of Health Abu
Dhabi (DOH) to build and operate Malaffi, the trailblazing Abu
Dhabi Health Information Exchange (HIE).
Following the successful delivery of Malaffi, as
one of the fastest rolled-out and most advanced HIEs globally,
ADHDS has become renowned for successfully delivering major
national digital healthcare transformational projects, acting as a
critical link between regulators, governments, healthcare
providers, biopharma companies, and patient communities.
ADHDS is an asset of M42, an Abu Dhabi-based,
global tech-enabled healthcare company.
About M42
M42 is a first-of-its-kind global tech-enabled
health powerhouse committed to the sustainable future of health.
The Abu Dhabi-headquartered company is transforming lives through
innovative clinical solutions that are solving the world’s most
critical health and diagnostic challenges. By harnessing innovative
solutions and unique medical and data-centric technologies,
including genomics and AI, M42 is delivering the highest level of
personalized, precise, and preventative care to impactfully disrupt
the global healthcare ecosystem.
M42 has over 20,000 employees and more than 450
facilities in 26 countries. Established in 2022, following the
coming together of G42 Healthcare and Mubadala Health, M42 combines
unique medical and data-centric technologies with state-of-the-art
facilities to deliver world-class care.
M42 owns and manages an integrated portfolio of
health-tech and healthcare service providers including Diaverum,
G42 Healthcare, Cleveland Clinic Abu Dhabi, Imperial College London
Diabetes Centre and Moorfields Eye Hospital Abu Dhabi, among
others.
About VitalHubSoftware for Health and Human
Services providers designed to simplify the user experience and
optimize outcomes.
VitalHub Corp. (the “Company” or “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 & Optimization, and
Patient Flow & Operational Visibility solutions.
The Company has a robust two-pronged growth
strategy, targeting organic growth opportunities within its product
suite, and pursuing an aggressive merger and acquisition
(“M&A”) plan. Currently VitalHub serves more than 1,000 clients
across Canada, USA, UK, Australia, 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 400 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”
https://www.vitalhub.com/
CAUTIONARY STATEMENT
Certain statements contained in this news
release may constitute "forward-looking information" or "financial
outlook" within the meaning of applicable securities laws that
involve known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements to
be materially different from any future results, performance or
achievements expressed or implied by such forward-looking
information or financial outlook. 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. Although the Company 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 Company 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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