VitalHub Announces Licensing of TREAT Case Management Software to the Nipissing Mental Health Housing & Support Services
August 24 2020 - 7:30AM
VitalHub Corp. (the “Company” or “VitalHub”) (TSXV: VHI) is pleased
to announce the licensing of the Company’s proprietary TREAT Case
Management & Care Coordination software to the Nipissing Mental
Health Housing & Support Services (NMHHSS), to replace their
legacy system and provide an integrated electronic health
record
.
Nipissing Mental Health Housing & Support Services has
signed a 5-year agreement with the Company to license the TREAT
software. NMHHSS specializes in supporting people with serious
mental illness and addiction issues in the Nipissing Region.
The deal arises following an integration of mental health
services in the Nipissing Region. As a result, NMHHSS urgently
needed to replace a legacy system to provide a comprehensive, case
management and care coordination platform that would support a
clients’ journey and allow caregivers to provide seamless,
integrated care across their amalgamated organization from intake
through to discharge across a variety of important programs that
include; mental health case management, addictions and treatment,
developmental services, peer support, family programs, employment,
and housing
“Subsequent to our recent amalgamation, we needed to find a
solution to replace our legacy system. Specifically one that would
allow us to support all of the programs that we provide for the
community, so we decided to speak with our peers in Ontario and
that led to the choice of TREAT,” said Mary Davis, CEO of NMHHSS.
“Following a review of other solutions, we determined VitalHub’s
TREAT system was best suited to supporting our large multi-program
and facility system integration needs. We look forward to our
partnership with the VitalHub team.”
“We’re seeing a trend of regional consolidation and amalgamation
of community mental health agencies across Ontario,” said Dan
Matlow, CEO of VitalHub Corp. “Along with these amalgamations comes
the need for robust EHRs that can provide a single platform for
many different programs to provide integrated care. We are
well-positioned as the leading platform for supporting
consolidation having supported regional implementations in Ontario,
Nova Scotia, and the Yukon territory...”
VitalHub would also like to announce that it has allocated a
total 542,500 options to various employees of the Company and
members of its board of directors at a strike price of 2.03
cents a share.
ABOUT NIPISSING MENTAL HEALTH HOUSING & SUPPORT
SERVICESNMHHSS provides collaborative support, advocacy
and sustainable housing to those who have serious and persistent
mental illness or other medical or behavioural complexities. NMHHSS
offers a wide range of programs including mental health case
management services, addiction treatment services, peer support
programs, supportive housing and other community support
services.
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",
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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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