VitalHub Corp. (the “Company”) (TSX: VHI) is
pleased to announce the 5-year licensing of TREAT to Strides
Toronto (“Strides”). Formed in January 2020 through the
amalgamation of Aisling Discoveries Child and Family Centre and
East Metro Youth Services, Strides Toronto provides a range of
community, residential and treatment services to improve the
mental, social, and physical health of infants, children, and
youth. Collaborating with Toronto’s 25 core service providers,
Strides engages in community and outreach partnerships to address
the mental health needs of the young clients they serve and their
families. This partnership represents a substantive investment in
the TREAT solution with approximately 70% of the investment
supporting recurrent license revenue.
As Toronto’s lead agency for infant, child and youth mental
health, Strides works with service providers to design and
implement system-level improvements that transform access to
services, experience of services and mental health outcomes for
Toronto’s diverse communities. TREAT will be implemented to support
and enhance Strides’ programs which include - child and youth
mental health, early intervention and community support, community
engagement and development and autism services.
TREAT will also support Ontario’s Ministry of Children,
Community and Social Services’ Child and Youth Mental Health
Business Intelligence (CYMH BI) solution. The CYMH BI solution
enables standardized data collection, integration, analysis, and
presentation of information about the delivery of CYMH core
services, allowing for system planning and evidence informed
decision making.
“Our amalgamation in 2020 required us to find a solution to
replace our three legacy client information systems (CIS).
Following a comprehensive RFP process, we selected TREAT as our new
CIS. It will enable us to meet our goals of using technology
to enhance our clients’ experiences and increase the efficiency of
workflows so that employees can dedicate themselves to serving
clients, which is their passion. VitalHub’s depth of experience and
responsiveness provide us with confidence that we’ve selected the
right technology and partner,” said Janet McCrimmon, CEO of
Strides Toronto.
Dan Matlow, CEO of VitalHub Corp, commented, “This is further
validation of TREAT being the leading case management system in
Canada with the ability to support large scale implementations
while supporting unique government reporting requirements. We are
seeing a trend of amalgamations in the community and social
services sector and we believe we are strongly positioned as
organizations upgrade their solutions as a result.”
ABOUT STRIDES TORONTO: Strides Toronto provides
services to young people from birth to age 29 and their families
primarily in east Toronto. We provide a range of community,
residential and treatment services to improve the mental, social
and physical health of infants, children, youth and their families.
We provide individual, group and family interventions that include
mental health counselling, autism services, education, outreach and
referral, early intervention, day treatment and community
support.
As Lead Agency for infant, child and youth mental health in
Toronto, Strides Toronto works with 23 core service providers to
design and implement system-level improvements that transform
access to services, experience of services and the mental health
outcomes for Toronto’s diverse communities. Strides Toronto has a
budget of over $30 million and 325 employees providing services out
of 19 locations across east Toronto. The organization is accredited
by the Centre for Accreditation and has a long history of providing
high-quality services.
http://www.stridestoronto.ca/
ABOUT HEALTHTECH CONSULTANTS (A NORDIC GLOBAL
COMPANY): Since January of 2019, Healthtech has been part
of the Nordic Consulting Group. Nordic is the United States’
largest independently owned healthcare consulting firm. Healthtech
Consultants delivers healthcare organizations strategic advisory,
clinical transformation, implementation solutions, and application
support services that result in a stronger business with better
patient outcomes.
https://www.healthtech.ca/
ABOUT VITALHUB: Software for Health and Human
Services providers designed to simplify the user experience and
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 & 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 M&A plan. Currently VitalHub serves more than 400
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 Company is publicly traded on the
TSX under the symbol “VHI”.
https://www.vitalhub.com/
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 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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