VitalHub Announces Three-Year Expansion Licensing Contract With University Hospitals Dorset NHS Foundation Trust
21 March 2022 - 10:30PM
VitalHub Corp. (the “Company” or “VitalHub”) (TSX: VHI) is pleased
to announce a three-year expansion licensing agreement of
subsidiary Intouch with Health’s (“Intouch”) patient flow solutions
with University Hospitals Dorset NHS Foundation Trust (the “Trust”
or “Dorset”). This contract expands upon the Company’s existing
relationship with the Trust, and marks the 9th Intouch with Health
contract announced this quarter.
University Hospitals Dorset NHS Foundation Trust manages
three hospitals in Southeast Dorset. It was formed following
the merger of Poole Hospital NHS Foundation
Trust and The Royal Bournemouth and Christchurch
Hospitals NHS Foundation Trust. Dorset serves a population of more
than 800,000 people, and collectively employs more than 9,000
members of staff. In addition to general hospital services, the
Trust provides a range of specialist services and facilities
including: (i) medical and clinical oncology services for the whole
of Dorset, (ii) a major trauma unit serving a population of more
than 500,000 people, (iii) a state-of-the-art cardiology unit, and
(iv) an award-winning orthopaedic service providing hip and knee
replacements.
Previously purchased Trust-wide licences spanned Intouch with
Health products including Flow Manager, Check-in, Calling, Wait
Times & Mobile solutions. This expansion licensing agreement
will include configuration of all above software solutions across
both Bournemouth & Christchurch hospitals, to effectively
provide the host of Company patient flow solutions across all three
major Trust hospitals.
“This is the 9th Intouch with Health transaction announced since
January 2022, demonstrating the continued market demand for our
offerings. Expansion agreements such as this contract with
University Hospitals Dorset NHS Foundation Trust affirm the value
our customers derive from our products and services,” said Dan
Matlow, CEO of VitalHub Corp. “With this deal, we expand upon our
strong existing footprint across the NHS. We look forward to
deepening our relationship with Dorset, as we further execute on
our growth strategy, and health IT leadership.”
UNIVERSITY HOSPITALS DORSET NHS FOUNDATION
TRUST
University Hospitals Dorset NHS Foundation Trust is comprised of
three hospitals; the Royal Bournemouth Hospital, Poole Hospital and
Christchurch Hospital, which merged on 1 October 2020, creating a
new organization – providing immense opportunities and benefits to
the way patient care is delivered, leading to better outcomes,
improved quality and more efficient service delivery. The Trust
serves a population of more than 800,000 people, and employs more
than 9,000 members of staff. In addition to general hospital
services, the Trust provides a range of specialist services and
facilities including: (i) medical and clinical oncology services
for the whole of Dorset, (ii) a major trauma unit serving a
population of more than 500,000 people, (iii) a state-of-the-art
cardiology unit, and (iv) an award-winning orthopaedic service
providing hip and knee replacements.
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
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