VitalHub Announces Sale of B Care to support Osler’s Cardiac Care Program
July 31 2018 - 6:30AM
VitalHub Corp. (the “Company” or “VitalHub”) (TSXV:VHI) is pleased
to announce the sale of the B Care Electronic Health Record (“EHR")
to support William Osler Health System’s (“Osler”) Cardiac Care
Program.
This sale follows a successful response to a Request for
Proposal issued by Osler to find an Electronic Health Record
flexible enough to meet the workflow requirements of its Pacemaker
Clinic. The B Care solution will interface with the primary
Hospital Information System; Meditech. This sale follows another
successful implementation of B Care in the Cardiology Clinic at
Toronto’s St. Michael’s Hospital.
The B Care Cardiac Outpatient Management Solution (“B Care”), is
a fully web-based solution that provides a flexible and highly
configurable framework that does not impose a particular
documentation approach or workflow. Each B Care implementation
is tailored to specific client requirements, providing an ability
to leverage existing, proven processes and workflow.
The B Care platform overcomes the many limitations of
paper-based records and provides clinicians with significant
productivity gains that are realized in a variety of ways. The
platform enables faster and more complete access to patient
records, eliminating the shuffling of paper records between
clinics. It provides instant access to patient information at the
point of care, and can be accessed by multiple healthcare providers
at the same time, all allowing physicians to spend more time with
patients, focusing on better outcomes and improved delivery of
care.
The B Care product has been demonstrated to fill an important
void, wherein Hospital Information Systems (“HIS”) currently in
place do not meet the workflow and client management requirements
of cardiology, pacemaker and electrophysiology clinics. This sale
is significant, proving VitalHub’s ability to meet this market need
in the midst of already-integrated, existing systems. The Company
has identified this unmet need across larger academic and tertiary
facilities, and has set about to pursue further growth into this
market.
“We have demonstrated with this tender that we are competitively
positioned and can win complex, RFPs by complimenting a hospital's
existing Hospital Information System to meet the unique workflow
requirements of Cardiology programs,” said Dan Matlow, CEO of
VitalHub. “This sale is an example of our progress and execution in
the market, showing our ability to grow and expand existing
solutions through our proven commercialization experience, and our
seasoned sales and marketing efforts.”
Osler is a hospital system that serves 1.3 million residents of
Brampton, Etobicoke, and surrounding communities within the Central
West Local Health Integration Network. Osler’s emergency
departments are among the busiest in Canada and its labour and
delivery program is one of the largest in the province. William
Osler Health System Foundation builds and fosters relationships in
order to raise funds to support William Osler Health System’s
capital, education and research priorities at Brampton Civic
Hospital, Etobicoke General Hospital and the new Peel Memorial
Centre for Integrated Health & Wellness.
ABOUT VITALHUB:
VitalHub develops and supports mission-critical healthcare
information systems in the Mental Health (Child, Youth and Adult),
Long Term Care, Community Health Service, Home Health and Hospital
sectors. VitalHub technologies include Blockchain, Mobile, and
Web-Based Assessment and EHR solutions.
VitalHub's aim is to create high-value, secured solutions
enabling interoperability among existing health data systems.
VitalHub is primarily focused on working with organizations in the
Mental Health, Acute and Long-Term Care space, to further extend
organization's applications across the continuum of care, powered
by the security, efficiency, and trust of Blockchain
technology.
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 200+ clients
across North America. VitalHub is based in Toronto, Canada, with an
offshore development hub in Sri Lanka. The Company is publicly
traded on the TSX Venture Exchange under the symbol "VHI".
CAUTIONARY STATEMENT
The TSX Venture Exchange has in no way passed upon the merits of
the transactions and has neither approved nor disapproved the
contents of this press release. Neither the TSX Venture Exchange
nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this press release.
CONTACT INFORMATION
Dan MatlowChief Executive Officer, Director(416)
727-9061dan.matlow@vitalhub.com
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