VitalHub Announces Expansion of Contract with Cambridgeshire and Peterborough STP
May 13 2021 - 6:30AM
VitalHub Corp. (the “Company” or “VitalHub”) (TSXV: VHI) is pleased
to announce an expansion of the Company’s existing contract with
the Cambridgeshire and Peterborough Sustainability and
Transformation Partnership (“STP”) (the “Client”), within the East
of England region of the National Health Service (“NHS”).
The challenges faced during the pandemic has forced the NHS to
adopt digital solutions at pace, with digital transformation and
integrated care being a significant priority. Resulting from the
success of an ongoing 4-year contract with VitalHub subsidiary
Transforming Systems, the Client has expanded the use of the SHREWD
platform to include the SHREWD Action module.
When asked to comment on the sale, Dan Matlow, CEO of VitalHub
Corp said: “This expansion sale is a further illustration of how
our strong existing install base and successful implementations
lead to expansion and growth. We have built a highly synergistic
product portfolio that offers health systems value across a number
of critical areas of need. We look forward to continuing to
contribute to the implementation of digital health solutions, as we
progress our growth and expansion strategy.”
The Client is responsible for serving a population of 900,000
individuals, and comprises three hospitals, two local authorities,
one ambulance trust, one community trust and one mental health
trust. Over the lifespan of the existing contract, SHREWD
Resilience has provided the Client visibility into essential
operational metrics on a regional basis, available in a single,
unified view; delivering the prescriptive intelligence required to
better coordinate and streamline patient flow.
SHREWD Action is an addition module to SHREWD Resilience,
developed to enable teams to prepare for, unite and take action
when pressure starts to escalate, enhancing a collaborative system
response. As health systems progress in their utilization of
digital tools to streamline processes and optimize workflow,
adoption of the Action module will contribute toward supporting a
consistency of service in the delivery of care for patients.
The Action module compliments SHREWD Resilience by generating
automated action alerts linked to digitized surge and escalation
plans. As pressure builds, pre-agreed actions are sent via push
notifications to client personnel in real-time. These live-trigger
alerts notify the right people at the right time, which supports
improvements in quality of service, operational performance and
patient outcomes.
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 TSX Venture Exchange 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 INFORMATION
Dan MatlowChief Executive Officer, Director(416)
727-9061dan.matlow@vitalhub.com
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