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TORONTO, March 25, 2022 (GLOBE NEWSWIRE) — VitalHub Corp. (the “Company” or “VitalHub”) (TSX: VHI) is pleased to announce a four-year licensing agreement of subsidiary Intouch with Health’s (“Intouch”) patient flow solutions with Northamptonshire Hospitals Group (the “Trust” or “Northamptonshire”), comprising Northampton General Hospital NHS Trust and Kettering General Hospital NHS Foundation Trust.
Intouch had been in discussions with Northampton for some time, culminating in a Trust-wide agreement aimed at tackling their ongoing Elective Care backlog, to improve use of hospital rooms and attain a comprehensive patient flow management solution. As a result of licensing Intouch’s suite of patient flow solutions, the Trust expects to achieve improvement in patient experience, enhanced Trust efficiencies through effective flow management, and maximization of room utilization.
As part of the four-year licensing agreement, the Trust will gain access to Intouch’s suite of patient flow solutions, including Flow Manager, Check-In, Patient Calling, Mobile Appointment Manager, Room and Resource Manager, Wayfinding, Wait Time Manager, and eOutcomes.
Northamptonshire is comprised of two trusts: Northampton General Hospital NHS Trust and Kettering General Hospital NHS Foundation Trust, collectively providing services to a population of over 1.2 million patients. Northampton General Hospital NHS Trust is an acute NHS hospital trust that offers a full range of hospital services from the main hospital site close to the centre of Northampton. The Trust provides general acute services and hyper-acute stroke, vascular and renal services to people living throughout the whole of Northamptonshire. The trust is also an accredited cancer centre, providing services to a wider population of around 900,000 who live in Northamptonshire and parts of Buckinghamshire. Kettering General Hospital NHS Foundation Trust is a medium sized acute hospital serving the population across North Northamptonshire and South Leicestershire. The Trust provides general acute, maternity and paediatric services from its main hospital site in Kettering with satellite outpatient facilities in Corby, Irthlingborough (East Northants) and Wellingborough.
“We are delighted that the Northamptonshire Hospitals Group has chosen Intouch with Health as its Flow Management Partner,” said Dan Matlow, CEO of VitalHub Corp. “This sale adds to the string of announced transactions completed by Intouch with Health this quarter, demonstrating the significant market demand for our patient flow and operational visibility solutions. As we increase our penetration across the UK healthcare marketplace, we remained focused on continuing our health IT leadership; helping our customers improve efficiencies while simultaneously improve access to and delivery of care.”
ABOUT NORTHAMPTONSHIRE HOSPITALS GROUP
Northamptonshire is comprised of two trusts: Northampton General Hospital NHS Trust and Kettering General Hospital NHS Foundation Trust, collectively providing services to a population of over 1.2 million patients. Northampton General Hospital NHS Trust is an acute NHS hospital trust that offers a full range of hospital services from the main hospital site close to the centre of Northampton. The Trust provides general acute services and hyper-acute stroke, vascular and renal services to people living throughout the whole of Northamptonshire. The trust is also an accredited cancer centre, providing services to a wider population of around 900,000 who live in Northamptonshire and parts of Buckinghamshire. Kettering General Hospital NHS Foundation Trust is a medium sized acute hospital serving the population across North Northamptonshire and South Leicestershire. The Trust provides general acute, maternity and paediatric services from its main hospital site in Kettering with satellite outpatient facilities in Corby, Irthlingborough (East Northants) and Wellingborough.
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
Sales and penetration data reflect estimates of the Company. 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 Matlow
Chief Executive Officer, Director
(416) 727-9061
dan.matlow@vitalhub.com
