VitalHub Announces Expansion Licensing Contract with Existing Customer Hampshire Hospitals NHS Foundation Trust
March 03 2022 - 7:30AM
VitalHub Corp. (the “Company” or “VitalHub”) (TSX: VHI) is pleased
to announce an expansion licensing deal of subsidiary Intouch with
Health’s (“Intouch”) hardware and software solutions with Hampshire
Hospitals NHS Foundation Trust (the “Trust”).
Hampshire Hospitals NHS Foundation Trust has been a partner of
the Company since 2013. The Trust serves the Hampshire and West
Berkshire population, comprising approximately 600,000 individuals.
The Trust provides outpatient and assessment services from Alton,
Bordon, and Romsey community hospitals, conducting nearly 900,000
outpatient appointments annually. Hampshire Hospitals NHS
Foundation Trust employs around 8,600 staff, and provides services
from Andover War Memorial Hospital, Basingstoke and North Hampshire
Hospital, and the Royal Hampshire County Hospital.
The Trust currently employs the Check-in, Flow Manager, and
Calling solutions at two of their hospitals. Having benefitted from
the functionality of these systems, the Trust has contracted to
upgrade and expand their product portfolio and use of VitalHub
products. Hampshire Hospitals NHS Foundation Trust has purchased a
Trust-wide license to upgrade and expand use of their existing
modules, while adding the Room & Resource solution, the HL7
Integration system, and Trust-wide implementation of the kiosk and
calling screens. The expected benefits will be improved room
utilization, efficiency in room and resource booking, communication
and organization among staff, management coordination, and
facilitate positive patient correspondence.
This is a licensing agreement comprising a suite of Intouch with
Health patient flow and operational visibility solutions across the
Trust.
“We are delighted to see the ongoing demand and support for our
products from new and old clients, alike,” said Dan Matlow, CEO of
VitalHub Corp. “Organic growth through expansion deals like
Hampshire add meaningful value to our growth strategy, and
demonstrate market validation and satisfaction with our offerings.
We look forward to continuing to work with Hampshire Hospitals,
empowering their digital transformation in optimizing resource
allocations and efficiency."
ABOUT HAMPSHIRE HOSPITALS NHS FOUNDATION
TRUST
Hampshire Hospitals NHS Foundation Trust came into being in
January 2012, resulting from the merger of Basingstoke and North
Hampshire NHS Foundation Trust. Hampshire Hospitals NHS Foundation
Trust serves a population of approximately 600,000 people across
Hampshire and parts of west Berkshire. Hampshire Hospitals NHS
Foundation Trust employs around 8,600 staff, and provides services
from Andover War Memorial Hospital, Basingstoke and North Hampshire
Hospital and the Royal Hampshire County Hospital. The Trust focuses
on providing healthcare with compassion, accountability, respect,
and encouragement.
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 Toronto Stock Exchange
(TSX) 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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