VitalHub Corp. Recognized Among Top Performers in the 2024 TSX30 Ranking
10 September 2024 - 11:50PM
VitalHub Corp. (TSX: VHI) (OTCQX: VHIBF) (the “Company” or
“VitalHub”) is proud to announce its inclusion in the 2024 TSX30™,
the Toronto Stock Exchange's prestigious ranking of the top 30
performing stocks over the past three years. VitalHub has achieved
the 26th position on this esteemed list, showcasing a remarkable
136% three-year dividend-adjusted share price performance and a
231% increase in market capitalization.
"We are honored to be recognized as one of the
top performers on the Toronto Stock Exchange," said Dan Matlow, CEO
of VitalHub. "This accolade reflects our relentless commitment to
innovation and operational excellence. Our initiatives, which have
included a number of strategic and complimentary acquisitions, like
the planned addition of MedCurrent Corporation, have not only
propelled our growth but also strengthened our market position.
This recognition is a testament to our team's hard work and the
trust our customers and investors place in us."
The TSX30™ program, established in 2019,
recognizes TSX-listed companies who have demonstrated excellence in
growth, highlights the overall strength of Canada’s diverse and
ever-evolving public markets, and the efficacy of this powerful
ecosystem in driving growth for issuers, investors, and the overall
economy. VitalHub's inclusion in this ranking underscores the
success of its focused growth strategy, both organic and through
strategic acquisitions. The Company's robust performance is
supported by disciplined cash management and a clear vision for the
future, aiming to enhance healthcare delivery worldwide.
"As we celebrate this achievement, we remain
dedicated to driving sustainable growth and continuing to deliver
value to our stakeholders," added Matlow. "Looking ahead, we are
excited about our future prospects and our ongoing efforts to lead
the transformation in healthcare technology."
VitalHub invites shareholders and potential investors to learn
more about our strategic direction and operational achievements
that have contributed to our TSX30™ ranking. For further details,
please visit our website at https://www.vitalhub.com/.
ABOUT VITALHUB
Software for Health and Human Services providers
designed to simplify the user experience and optimize outcomes.
VitalHub is a leading software company dedicated
to empowering Health and Human Services providers. Our clients
include hospitals, regional health authorities, mental health and
addictions services providers for children and adults, long-term
care facilities, home health agencies, correctional services, and
community and social services providers.
VitalHub’s comprehensive suite of SaaS solutions
include:
- Electronic
Health Record (EHR), Case Management, Care Coordination, and
Optimization
- Patient Flow,
Operational Visibility, and Patient Journey Optimization
- Workforce
Automation & Compliance
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 more than 1,000 clients across Canada, USA, UK, Australia,
the Middle East, and Europe.
VitalHub is based in Toronto, Canada, with an
offshore development hub in Sri Lanka. The VitalHub team comprises
more than 400 team members globally. The Company is publicly traded
on the Toronto Stock Exchange (TSX) under the symbol “VHI” and on
the OTC Markets OTCQX Exchange under the symbol “VHIBF”.
https://www.vitalhub.com/
CONTACT INFORMATION
VitalHub Corp.Dan MatlowChief Executive Officer, Director(416)
727-9061dan.matlow@vitalhub.com
CAUTIONARY STATEMENT
This news release contains “forward-looking
information” within the meaning of Canadian securities legislation.
Forward-looking information generally refers to information about
an issuer’s business, capital, or operations that is prospective in
nature, and includes future-oriented financial information about
the issuer’s prospective financial performance or financial
position. The forward-looking information in this news release
includes reference to disclosure about the terms of the
Transaction, about MedCurrent, including its historical revenue and
future recurring revenue, and about potential synergies among
existing offerings in the issuer’s patient flow products as well as
the potential for the international application of MedCurrent’s
product offerings. VitalHub made certain material assumptions,
including but not limited to: prevailing market conditions; general
business, economic, competitive, political and social
uncertainties; delay or failure to receive board, shareholder or
regulatory approvals; and the ability of VitalHub and MedCurrent to
execute and achieve its business objectives, to develop the
forward-looking information in this news release. There can be no
assurance that such statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking statements. Actual results
may vary from the forward-looking information in this news release
due to certain material risk factors. These risk factors include,
but are not limited to: adverse market conditions; the inability of
VitalHub and MedCurrent to successfully integrate operations;
reliance on key and qualified personnel; and regulatory and other
risks associated with the medical and technology industries in
general. The foregoing list of material risk factors and
assumptions is not exhaustive. VitalHub assumes no obligation to
update or revise the forward-looking information in this news
release unless it is required to do so under Canadian securities
legislation.
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