VitalHub Corp. (the “Company” or “VitalHub”) (TSX: VHI) is pleased
to announce an expansion licensing agreement of subsidiary Intouch
with Health’s (“Intouch”) patient flow solutions with Liverpool
Heart and Chest Hospital NHS Foundation Trust (the “Trust” or
“Liverpool”). This contract expands upon the Company’s existing
relationship with Poole Hospital, and marks the 8th Intouch with
Health contract announced this quarter.
Poole Hospital has been a customer of the Company since 2019,
and has recently expanded their operations resulting in increased
organizational and operational pressures. Having successfully used
the Company’s products over the past three years, Poole looked to
Intouch with Health for a solution to these pressures, culminating
in this agreement. This expansion further widens the reach of
Intouch’s solutions to Bournemouth and Christchurch Hospitals,
spanning across the entirety of University Hospitals Dorset NHS
Foundation Trust.
Liverpool Heart and Chest Hospital NHS Foundation Trust serves a
catchment area of 2.8 million people, spanning Merseyside,
Cheshire, North Wales, and the Isle of Man. The Trust sees more
than 100,000 outpatients at its hospitals, annually. Liverpool
Heart and Chest Hospital NHS Foundation Trust
provides specialist services in cardiothoracic surgery,
cardiology, and respiratory medicine including adult cystic
fibrosis and diagnostic imaging.
Liverpool Heart and Chest Hospital NHS Foundation Trust has
licensed a suite of Intouch’s patient flow solutions, including the
Check-in, Calling, Flow Manager, Mobile, and HL7 Channels software
solutions. This licensing agreement is comprised solely of software
products, and has an expected deployment time of twelve-weeks. By
implementing these programs, the Trust can expect to see
improvements in patient experience and clinical efficiency.
“We are delighted to build upon our existing relationship with
Poole Hospital, expanding across the Liverpool Heart and Chest
Hospital NHS Trust,” said Dan Matlow, CEO of VitalHub Corp. “As the
8th Intouch sale announced this quarter, we continue to reinforce
our market leadership and penetration across the UK healthcare
landscape. With organic growth forming an important part of our
overall expansion strategy, we are pleased by our team’s continued
progress and execution.”
ABOUT LIVERPOOL HEART AND CHEST HOSPITAL NHS FOUNDATION
TRUST
Liverpool Heart and Chest Hospital NHS Foundation Trust serves a
catchment area of 2.8 million people, spanning Merseyside,
Cheshire, North Wales, and the Isle of Man. The Trust sees more
than 100,000 outpatients at its hospitals, annually. Liverpool
Heart and Chest Hospital NHS Foundation Trust
provides specialist services in cardiothoracic surgery,
cardiology, respiratory medicine including adult cystic fibrosis
and diagnostic imaging. The Trust has been rated top in the country
for ‘overall experience’ in the CQC National Inpatient Survey for 9
out of the last 14 years. Liverpool Heart and Chest Hospital NHS
Foundation Trust is devoted to providing excellent, compassionate,
and safe care to each of its patients, daily.
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 INFORMATIONDan MatlowChief Executive
Officer, Director(416) 727-9061dan.matlow@vitalhub.com
Vitalhub (TSX:VHI)
Historical Stock Chart
From Jun 2024 to Jul 2024
Vitalhub (TSX:VHI)
Historical Stock Chart
From Jul 2023 to Jul 2024