06:18:42 EDT Wed 01 May 2024
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Vitalhub Corp (2)
Symbol VHI
Shares Issued 43,712,421
Close 2024-02-16 C$ 5.83
Market Cap C$ 254,843,414
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Vitalhub subsidiary expands into Middle East with ADHDS

2024-02-20 11:23 ET - News Release

Mr. Dan Matlow reports

VITALHUB UK EXPANDS HEALTHTECH PORTFOLIO INTO MIDDLE EAST THROUGH A PARTNERSHIP WITH ADHDS

Vitalhub Corp.'s subsidiary, Vitalhub U.K., has expanded its digital health care portfolio into the Middle East through a new strategic partnership with Abu Dhabi Health Data Services (ADHDS), an Abu Dhabi-based premier digital health care solutions organization and a strategic catalyst for advancing health care in Abu Dhabi and beyond. ADHDS is part of M42, a first-of-its-kind health powerhouse, committed to reshaping the future of health with technology as a key enabler. This partnership marks a significant milestone for the U.K. provider as it aspires to enhance health care services across the region.

The partnership agreement spans five years and will extend to territories including Israel, United Arab Emirates, Bahrain and the Hashemite Kingdom of Jordan, with additional coverage in the rest of the Gulf Cooperation Council (GCC) countries.

Mike Sanders, chief executive officer at Vitalhub U.K., stated: "We know what it takes to accelerate the delivery of digital transformation at scale, so this strategic partnership between Vitalhub U.K. and ADHDS, will help strengthen our commitment to the Middle East. This partnership is a significant step forward, amplifying our presence and enhancing health care solutions across the Middle East. By combining our health care technology expertise with M42's regional insights, we aim to introduce tailored innovations for health care providers to improve care services across the region."

Dan Matlow, CEO at Vitalhub, parent company of Vitalhub U.K., added: "This partnership underscores our dedication to advancing health care technology in the Middle East, empowering organizations with cutting-edge solutions for improved outcomes and efficiency. With ADHDS's support, we, at Vitalhub U.K., are well positioned to deliver enhanced value and innovation to the Middle East health care landscape. We anticipate transformative outcomes as our collaboration unfolds, reshaping the trajectory of healthcare technology in the region."

Kareem Shahin, acting CEO of ADHDS, said: "We are excited about the strategic partnership with Vitalhub U.K., a collaboration that marks a significant milestone in our commitment to advancing the health care ecosystem in Abu Dhabi and the Middle East. Both organizations unite with a shared purpose; to propel health care forward through cutting-edge digital health solutions, laying the foundation for our collaborative efforts over the next five years. By leveraging our regional footprint and expertise in conjunction with Vitalhub U.K.'s innovative solutions, we are positioned to enact enduring enhancements to the well-being of the communities we serve."

About Vitalhub Corp.

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 co-ordination and optimization, and patient flow and operational visibility solutions.

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