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Healwell AI Inc
Symbol AIDX
Shares Issued 109,669,255
Close 2024-02-14 C$ 0.81
Market Cap C$ 88,832,097
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Healwell AI unit rolls out EHR system at Canuck Place

2024-02-15 10:44 ET - News Release

Dr. Alexander Dobranowski reports

HEALWELL AI'S INTRAHEALTH PROVIDES UPDATE ON NEW CUSTOMER IMPLEMENTATION AT CANUCK PLACE CHILDREN'S HOSPICE

Healwell AI Inc. has provided a customer update on its newly acquired subsidiary, Intrahealth Systems Ltd., highlighting the successful enterprise implementation of Intrahealth's Profile electronic health records (EHR) at the Canuck Place Children's Hospice, an expert pediatric palliative care program for children and families in British Columbia and the Yukon.

Dr. Alexander Dobranowski, chief executive officer of Healwell, commented: "We are very pleased with our acquisition of Intrahealth, which is proving to be a robust and scalable enterprise-class EHR platform that is customizable to fit a number of different customer clinical configurations. Intrahealth has an active pipeline of opportunities in a wide variety of customers, including health authorities, hospitals, public health outpatient centres, community health, home care, ambulatory care and diverse health care professionals. As we make further progress on AI [artificial intelligence] enabling Intrahealth's core EHR functionality with clinical decision support systems that provide next-generation co-pilot capabilities for physicians, we are confident that we can help our customers further reduce costs and improve health outcomes. We believe the byproduct of this positive impact on health care ecosystems globally will drive value to our shareholders."

Dr. Dobranowski added: "Canuck Place was a contract that was won through a competitive RFP [request for proposal] process. Intrahealth has four other RFPs it has recently responded to servicing markets such as mental health, home health and multidisciplinary specialists where it is awaiting a decision that could result in an improvement to the company's current revenue expectations."

Located in Vancouver, B.C., Canuck Place provides pain and symptom management, medical respite, education and art, music and recreation therapy, end-of-life care, and grief and bereavement counselling -- all financed by private donors and the provincial government, and at no cost to families.

Profile will serve as the underlying digital infrastructure to streamline program delivery, and improve the experience for both Canuck Place children and their families. Canuck Place chose Profile because of the ability to easily configure complex workflows, especially those related to intake and medications. The project involves the digitization of several paper-based forms and streamlining of processes to ensure pediatric palliative care program delivery, focusing on the best possible experience for patients and families during an extremely difficult time. Profile improves communication between the health care team, families and children through connected electronic patient charts, and advanced care using electronic medication reconciliation, electronic bedside medication administration, electronic clinical documentation, computerized provider order entry and data reporting. Profile is the single source of truth to ensure information is consistent across Canuck Place hospice sites and community care, in home and in hospital.

Dorian Prior, president of Intrahealth, commented: "Our partnership with Canuck Place highlights Intrahealth's ongoing commitment to advancing health care technology, improving patient outcomes and making a positive impact on communities. We are looking forward to announcing additional customer wins in 2024. The investments we have made in our product over the past several years are paying off, as evidenced by our recent customer successes. We are being invited to bid on complex health care EHR implementations around the globe and expect to be very competitive especially as we level up our capabilities with Healwell's next-generation AI capabilities. We are excited to continue our journey of innovation and collaboration to shape the future of health care."

About Healwell AI Inc.

Healwell is a health care technology company focused on AI and data science for preventative care. Its mission is to improve health care and save lives through early identification and detection of disease. As a physician-led organization with a proven management team of experienced executives, Healwell is executing a strategy centred around developing and acquiring technology and clinical science capabilities that complement the company's road map. Healwell is publicly traded on the TSX under the symbol AIDX and on the OTC Exchange under the symbol HWAIF.

About Intrahealth

Intrahealth is a pioneering force in health care technology, specializing in the development and implementation of state-of-the-art EMR or HER solutions. With a relentless commitment to advancing patient care, Intrahealth empowers health care providers, institutions and governments with innovative digital tools designed to enhance health care delivery and improve patient outcomes.

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