VitalHub Corp. (the “Company” or “VitalHub”) (TSXV: VHI) is pleased
to announce the closing of a multi-year licensing agreement with
University Hospitals Dorset NHS Foundation Trust (the “Trust” or
“Dorset”) in support of the initial deployment of the novel NHS
“Thing Big” initiative.
Through its subsidiary Intouch with Health, the Company has
signed a multi-year licensing contract to support a planned
multi-phase NHS initiative to disrupt patient access to elective
surgery care. In response to growing wait times for elective
surgery across NHS hospitals, which have been all but exacerbated
by the pandemic, Dorset has commenced the “Think Big” initiative,
to explore innovative ways of reducing procedure wait times,
improving overall patient experience and the delivery of care.
Dorset is a newly-formed Trust, established through the merger
of Poole Hospital Trust and Royal Bournemouth & Christchurch
Trust, in October, 2020. Located on the south coast of England,
Dorset comprises three hospital locations: the Poole Hospital, the
Royal Bournemouth Hospital, and the Christchurch Hospital. The
Trust employs more than 9,000 staff and serves a population size
that exceeds 800,000 individuals.
The “Think Big” initiative involves the establishment of a
devoted outpatient facility through which to unburden these
backlogged outpatient procedures. The Trust is securing devoted
resources from the Nightingale Hospitals to rapidly build an
Outpatient Centre in a brand-new location away from their
hospitals, including plans to use the upper floor of a large
department store in a nearby shopping mall facility, in Poole. This
effectively inducts a new care-access paradigm within the NHS
hospital trust system.
This agreement marks an expansion in the Company’s continued
growth across NHS hospitals and will span a three-year term. The
agreement will provide the Trust with the use of Intouch’s Flow
Manager, Check In, Calling, Wait Time Manager, and Mobile
Appointment Manager products.
“We are delighted to have been chosen to support this innovative
and important initiative, and to receive the continued validation
of our offerings within the National Health System throughout the
UK,” said Dan Matlow, CEO of VitalHub Corp. “The ‘Think Big’
project has garnered a lot of attention and presents a new model
for the delivery of elective care to be rolled out across multiple
phases. We look forward to supporting this initiative as it expands
across multiple phases, and continuing to work with our clients and
partners to deliver best-in-class innovation across health
ABOUT UNIVERSITY HOSPITALS DORSET NHS
University Hospitals Dorset NHS Foundation Trust, established in
late 2020, has three hospital sites. The Trust employs over 9,000
individuals and serves a population of over 800,000. The Trust
prides themselves on their quality of care and devotion to their
patients. The Royal Bournemouth Hospital is staged to become the
major emergency hospital, and the Poole Hospital is set to become
the major planned hospital. The Christchurch Hospital, too, is one
of the premier rehabilitation sites for the elderly.
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”.
VitalHub Corp.Dan MatlowChief Executive Officer,
CAUTIONARY STATEMENTThis 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.
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