Toronto, ON (GLOBE NEWSWIRE) - VitalHub Corp. (the “Company”) (TSXV: VHI) is pleased to announce the licensing of the TREAT EHR to the Hawkesbury and District General Hospital (HGH).
The Hawkesbury and District General Hospital sought leading edge functionality for coordination of care, best practice documentation and integrated functionality for standard reporting in their outpatient Mental Health programs.
The Ottawa Hospital, HGH’s regional partner, has licensed TREAT since 2012 for use in their outpatient mental health programs. As both these organizations are partnering to implement a new regional digital Health Information System in the acute care context, VitalHub was approached to explore the prospect of extending this alignment to their respective mental health programs.
In addition to HGH, the following 15 organizations are now eligible to sign a Participation Agreement allowing them to license the TREAT software: Renfrew Victoria Hospital, Saint Francis Memorial Hospital Ottawa Heart Institute, Family Health Team, Children’s Hospital of Eastern Ontario, Royal Ottawa Hospital, Cornwall Community Hospital, Montfort Hospital, Queensway Carleton Hospital, Kemptville Hospital, Arnprior Hospital, Pembroke General Hospital, Deep River District Hospital, Almonte General Hospital, and Glengarry Memorial Hospital.
Granting Eastern Ontario regional hospitals access to TREAT is aligned with the region’s IT consolidation initiative, as they are all involved in a single EHR rollout. The Amendment affords the Hospital’s regional partners and affiliates streamlined access to VitalHub’s TREAT software. The Hawkesbury and District General Hospital is the first participating partner, and the Company expects other regional partners and affiliated to follow suit in the next couple of years.
“HGH is pleased to become a licensee of TREAT for the care coordination, documentation and reporting in our Mental Health and Addictions program. Our research has indicated that this software program is a proven tool for documentation and integrated functionality. As part of the regional procurement process, we have benefited from the agreement in place with The Ottawa Hospital.” - Marcel LeClair, Vice-President Finance and Corporate Services HGH
“We are starting to see more regions and Provinces looking to integrate their EHR solutions so they can have common solutions for easier integration and support initiatives. This is a good example of such an initiative.” – Dan Matlow, President & CEO VitalHub
VitalHub develops and supports mission-critical healthcare information systems in the Mental Health (Child, Youth and Adult), Long Term Care, Community Health Service, Home Health and Hospital sectors. VitalHub technologies include Blockchain, Mobile, and Web-Based Assessment and EHR solutions.
VitalHub's aim is to create high-value, secured solutions enabling interoperability among existing health data systems. VitalHub is primarily focused on working with organizations in the Mental Health, Acute and Long-Term Care space, to further extend organizations' applications across the continuum of care, powered by the security, efficiency, and trust of Blockchain technology.
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 200+ participants across North America. 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".
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, including the share consolidation proposal, 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.
© 2019 GlobeNewswire, Inc. All Rights Reserved.
SOURCE: Vitalhub Corp.