VitalHub and Strata Health Announce Strategic Collaboration To Enhance Health and Social Service Provider System Efficiencies...
August 19 2019 - 7:30AM
VitalHub Corp. (TSXV: VHI) is pleased to announce that it has
formalized a partnership with Strata Health, the global leader in
intelligent patient transition technology. The intent of this
collaboration is to add customer value through integration of the
VitalHub Patient Flow and Electronic Health Record solutions with
the Strata Health intelligent resource matching and referral
technology platform; the outcome of which will result in more
effective and streamlined patient flow and transitions between the
acute, community and social service care providers.
Both organizations have an international presence with a global
footprint that includes customers in Canada, United States, United
Kingdom, France, Australia, New Zealand, Saudi Arabia and
Qatar.
“We have known and worked with the Strata Health team over the
course of many years and have always had a great deal of respect
and strong working relationship with them. Based on evolving
customer requirements and a project that they introduced us to in
the US Pacific Northwest which required our complex case management
solution, we thought it an opportune time to formalize our
relationship and focus more broadly on the value of a strategic
collaboration with them,” said Dan Matlow, CEO, VitalHub Corp.
“We are excited to be working with VitalHub and their amazing
team. Their solutions complement our own and together we can show
great value to our customers. We are happy to announce our
partnership with them and continue the great work we’ve already
started,” said Pete Smith, CEO, Strata Health Solutions.
ABOUT VITALHUB:
VitalHub develops and supports mission-critical information
systems in the Social Service, 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, Client Management and Electronic Health
Record solutions.
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+ clients
across North America. VitalHub is based in Toronto, Canada, with an
offshore innovation hub in Sri Lanka. The Company is publicly
traded on the TSX Venture Exchange under the symbol "VHI".
ABOUT STRATA HEALTH SOLUTIONS
With almost 20 years of experience in the patient flow industry,
Strata Health is the leading provider of intelligent, digital tools
for resource allocation, eReferrals, patient transitions, and
continual patient flow innovation across the entire care
continuum.
Adapting to your unique needs, regional differences, and
specific workflows, Strata Health leverages integration and patient
care resource-matching technology to intelligently optimize each
patient’s journey, while maximizing the use of available resources,
increasing efficiencies, reducing wait times, and dramatically
decreasing system costs and risks for patients.
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, 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.
CONTACT INFORMATION
Dan MatlowChief Executive Officer, Director(416)
727-9061dan.matlow@vitalhub.com
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