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Vitalhub Corp (2)
Symbol VHI
Shares Issued 36,140,988
Close 2021-05-03 C$ 3.12
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Vitalhub sells SHREWD Region software to NHS group

2021-05-03 10:45 ET - News Release

Mr. Dan Matlow reports

VITALHUB ANNOUNCES REGIONAL SALE OF TRANSFORMING SYSTEMS' SHREWD SOLUTION TO NHS EAST OF ENGLAND REGIONAL TEAM

Vitalhub Corp. has sold recently acquired Transforming Systems' proprietary SHREWD Region platform to the National Health Service (NHS) East of England regional team.

The NHS East of England regional team provides care for a population group of over six million people and includes six integrated care systems (ICSs), covering Cambridge and Peterborough, Norfolk and Waveney, Bedfordshire, Luton and Milton Keynes, Mid and South Essex, and Suffolk and North East Essex localities in addition the original Herts and West Essex pilot area.

The neighbouring ICS to the East of England region, Hertfordshire and West Essex, has been a user of the SHREWD Region module for two years. The successful implementation and use of the SHREWD platform have resulted in this expansion of use, with the regional team adopting use of the solution across the region, including amongst 17 hospital sites.

The initial use of the product, with an opportunity to expand to include additional modules, involves the creation of an intelligent conveyancing system, intended to support the East of England Ambulance Service (EEAST). The solution will enable data to be gathered across the region's emergency departments to enable improved tactical decision making with respect to patient transport, toward optimizing resource allocation and care delivery.

SHREWD Region provides a simple, single view of real-time pressure in urgent and emergency care across a large geographical area, spanning multiple systems, trusts and providers. The data are displayed through a heat map, reflecting live acute and system operational pressures escalation levels (OPEL) statuses, revealing emerging pressure at a glance.

"This regional sale continues to demonstrate how successful implementations lead toward expansion across neighbouring regions and sites," said Dan Matlow, chief executive officer of Vitalhub. "Now more than ever, it has become essential for regions and systems to maintain a comprehensive real-time understanding of pressures and capacity within their emergency care departments. We are delighted that regions are seeing immense value in our solutions, and we are looking forward to continuing to provide vital services to ensure that these organizations continue to run smoothly and optimally."

About Vitalhub Corp.

Vitalhub provides technology to health and human services providers, including hospitals, regional health authorities, mental health, long-term care, home health, and community and social services. Vitalhub solutions span the categories of electronic health record (EHR), case management, care co-ordination, patient flow and operational visibility, and DOCit mobile apps.

The company has a robust two-pronged growth strategy, targeting organic growth opportunities within its product suite, and pursuing an aggressive merger and acquisition plan. Currently, Vitalhub serves over 275 clients across Canada, the United States, the United Kingdom, Australia, Qatar and Latvia. Vitalhub is based in Toronto, Canada, with an offshore development hub in Sri Lanka. The company is publicly traded on the TSX Venture Exchange under the symbol VHI.

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