VitalHub Corp. (the “Company” or “VitalHub”) (TSXV:VHI) is pleased
to announce the first sale of WellLinc, the Company's proprietary
Blockchain Electronic Health Record ("EHR") interoperability
solution. WellLinc has been licensed by Bluewater Health and the
Canadian Mental Health Association of Lambton-Kent (“CMHA LK”).
Upon the successful implementation of the WellLinc Blockchain as
a Service (“BaaS”) offering, both organizations will license the
solution, which provides mental health and long-term care
organizations with access to a secured, distributed client record
that enables the interoperable exchange of critical patient health
data across the continuum of care. VitalHub's WellLinc solution is
built utilizing the Hyperledger Fabric technology to support full
interoperability that is not limited to read-only access to data.
WellLinc allows organizations that update a client record in one
node to automatically record that transaction and update it across
all other trusted nodes.
Ernst & Young LLP (“EY Canada”) Health practice is
collaborating with VitalHub on this project, and is exploring an
outcomes-based ROI analysis of the impact of WellLinc, that will be
used to support design decisions as the Company rolls-out and
further expands the WellLinc solution into new geographies.
WellLinc's infrastructure is easily and readily expandable to
Local Health Integration Networks ("LHINs") across Ontario, and
more broadly for regional mental health programs across Canada.
VitalHub's goal is to demonstrate the significant cost-savings
and improved quality and coordination of care associated with the
use of WellLinc, and to scale the adoption of this solution
internationally to improve mental health and addictions
services.
“Our decision to license WellLinc in partnership with Bluewater
Health was made because of our desire to improve the services that
we provide to our clients in the community. WellLinc will provide
our care providers with a longitudinal view of their clients’
record, which includes assessment information about the services
they’ve received in the hospital when in crisis. Access to this
information will enable us to better plan care in the community to
avoid future crisis interventions,” said Alan Stevenson, Chief
Executive Officer CMHA LK.
“We are excited to roll out VitalHub’s WellLinc interoperability
solution, as we believe it will achieve a provincial objective of a
coordinated access system, that will reduce unnecessary
hospitalizations, thereby freeing up resources in an
already-overcrowded health system,” said Paula Reaume-Zimmer,
Integrated Vice President, Mental Health & Addictions Services
of Bluewater Health and CMHA LK. “We believe having a shared,
interoperable mental health record system will greatly enhance our
ability to provide high quality and a more cost-effective process,
allowing us to reinvest existing resources in direct patient
care.”
“The rise in mental health awareness across Canada and the
Western world has created an impetus to focus more closely on the
delivery and quality of care of mental health patients,” said Aaron
Smith, Atlantic and Ontario Healthcare Market Lead for EY Canada’s
Health practice. “As increased resources are needed to address this
need, tools such as VitalHub’s WellLinc will become more and more
valuable to promote cost-efficiencies, and optimize the flow of
essential patient health data in an integrated manner across the
continuum of care.”
“WellLinc is the first fully interoperable mental health
specific Blockchain solution that we are aware of, globally,” said
Dan Matlow, CEO of VitalHub. “Our goal is to prove WellLinc’s value
using the Bluewater-CMHA LK implementation, and then continue in
our efforts to expand the platform globally. We believe WellLinc
has tremendous capability, and that its potential applications are
immense.”
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 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 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".
ABOUT CMHA LAMBTON-KENT:
CMHA is a nation-wide, charitable organization that promotes the
mental health of all and supports the resilience and recovery of
people experiencing mental illness. CMHA LK provides professional
mental health experts and additional resources to serve the Lambton
Kent region. In Lambton Kent, CMHA provides a wide range of
innovative and individualized services as well as community
and workplace education to over 1800 adults and youth each year.
CMHA LK services are client driven, with an integrated organized
approach to meet the needs and choices of people who have been
diagnosed with mental illness. CMHA services are divided into three
categories: Crisis Intervention and Short-Term Services, Integrated
Client Services, and Mental Health Promotion. The purpose of these
services is to help individuals develop and maintain their capacity
to achieve their goals and live as independently as possible in the
community, and to develop the personal tools they need to lead
meaningful and productive lives.
ABOUT BLUEWATER HEALTH:
Bluewater Health is located within the Erie St. Clair Local
Health Integration Network ("LHIN") and encompasses Bluewater
Health located in Sarnia, Ontario, and Charlotte Eleanor Englehart
Hospital of Bluewater Health located in Petrolia, Ontario.
Bluewater Health is Sarnia-Lambton’s largest public-sector
employer, with nearly 2,500 staff, professional staff and
volunteers providing care for the residents of Sarnia-Lambton.
Bluewater Health provides an array of specialized acute, complex
continuing care, allied health and ambulatory care services.
Bluewater Health’s Mission is: We create exemplary healthcare
experiences with patients and families every time.
ABOUT EY:
EY is a global leader in assurance, tax, transaction and
advisory services. The insights and quality services we deliver
help build trust and confidence in the capital markets and in
economies the world over. We develop outstanding leaders who team
to deliver on our promises to all of our stakeholders. In so doing,
we play a critical role in building a better working world for our
people, for our clients and for our communities.
EY refers to the global organization, and may refer to one or
more, of the member firms of Ernst & Young Global Limited, each
of which is a separate legal entity. Ernst & Young Global
Limited, a UK company limited by guarantee, does not provide
services to clients.
For more information about the organization, please visit
ey.com/ca.
ABOUT EY’S GLOBAL HEALTH SECTOR:
Across the world, health care systems and entities are under
unprecedented pressure. Spiraling costs, exacerbated by aging
populations and emerging market growth, are bringing newfound focus
on value and outcomes. Mobile health and data analytics promise to
revamp care delivery but are also bringing in competitors from
other sectors. For governments, payers and providers, these trends
create a host of challenges: extracting insights from “big data,”
partnering in new ways, boosting operating efficiencies and
more.
EY’s Global Health Sector brings together a worldwide network of
more than 4,000 sector-focused assurance, tax, transaction and
advisory professionals with a range of health care and business
backgrounds. Our wide-reaching network allows us to rapidly share
leading practices and solutions around the globe and deploy diverse
delivery teams to meet your needs.
ey.com/health
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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