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Vitalhub Corp
Symbol C : VHI
Shares Issued 83,022,962
Close 2018-05-31 C$ 0.20
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Vitalhub licenses WellLinc to Bluewater, CMHA LK

2018-05-31 09:39 ET - News Release

Mr. Dan Matlow reports

VITALHUB ANNOUNCES FIRST SALE OF WELLLINC BLOCKCHAIN SOLUTION

Vitalhub Corp. has made the first sale of WellLinc, the company's proprietary blockchain electronic health record (EHR) interoperability solution. WellLinc has been licensed by Bluewater Health and the Canadian Mental Health Association of Lambton-Kent (CMHA LK).

Upon the successful implementation of the WellLinc blockchain-as-a-service (BaaS) offering, both organizations will license the solution, which provides mental health and long-term care organizations with access to a secured, distributed client record that enables the interoperable exchange of critical patient health data across the continuum of care. Vitalhub's WellLinc solution is built utilizing the hyperledger fabric technology to support full interoperability that is not limited to read-only access to data. WellLinc allows organizations that update a client record in one node to automatically record that transaction and update it across all other trusted nodes.

Ernst & Young LLP's (EY Canada) health practice is collaborating with Vitalhub on this project and is exploring an outcome-based ROI (return on investment) analysis of the impact of WellLinc, which will be used to support design decisions as the company rolls out and further expands the WellLinc solution into new geographies.

WellLinc's infrastructure is easily and readily expandable to local health integration networks (LHINs) across Ontario and more broadly for regional mental health programs across Canada.

Vitalhub's goal is to demonstrate the significant cost savings and improved quality and co-ordination of care associated with the use of WellLinc and to scale the adoption of this solution internationally to improve mental health and addiction services.

"Our decision to license WellLinc in partnership with Bluewater Health was made because of our desire to improve the services that we provide to our clients in the community. WellLinc will provide our care providers with a longitudinal view of their clients' record, which includes assessment information about the services they've received in the hospital when in crisis. Access to this information will enable us to better plan care in the community to avoid future crisis interventions," said Alan Stevenson, chief executive officer of CMHA LK.

"We are excited to roll out Vitalhub's WellLinc interoperability solution, as we believe it will achieve a provincial objective of a co-ordinated access system, that will reduce unnecessary hospitalizations, thereby freeing up resources in an already-overcrowded health system," said Paula Reaume-Zimmer, integrated vice-president, mental health and addiction services, at Bluewater Health and CMHA LK. "We believe having a shared, interoperable mental health record system will greatly enhance our ability to provide high-quality and a more cost-effective process, allowing us to reinvest existing resources in direct patient care."

"The rise in mental health awareness across Canada and the Western world has created an impetus to focus more closely on the delivery and quality of care of mental health patients," said Aaron Smith, Atlantic and Ontario health care market lead for EY Canada's health practice. "As increased resources are needed to address this need, tools such as Vitalhub's WellLinc will become more and more valuable to promote cost-efficiencies and optimize the flow of essential patient health data in an integrated manner across the continuum of care."

"WellLinc is the first fully interoperable mental health-specific blockchain solution that we are aware of, globally," said Dan Matlow, chief executive officer of Vitalhub. "Our goal is to prove WellLinc's value using the Bluewater/CMHA LK implementation and then continue in our efforts to expand the platform globally. We believe WellLinc has tremendous capability and that its potential applications are immense."

About Vitalhub Corp.

Vitalhub develops and supports mission-critical health care information systems in the mental health (child, youth and adult), long-term care, community health service and hospital sectors. Vitalhub's technologies include blockchain, mobile, Web-based assessment and EHR solutions.

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