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Vitalhub Corp (2)
Symbol VHI
Shares Issued 43,350,258
Close 2022-07-06 C$ 2.76
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Vitalhub licenses Synopsis to Health Sciences North

2022-07-07 10:14 ET - News Release

Mr. Dan Matlow reports

VITALHUB ANNOUNCES FIRST CANADIAN LICENSING AGREEMENT OF THE AWARD-WINNING SYNOPSIS DIGITAL PRE-OPERATIVE PLATFORM WITH HEALTH SCIENCES NORTH/HORIZON SANTE-NORD

Vitalhub Corp. has licensed its subsidiary Intouch with Health's digital preoperative assessment platform comprising Synopsis iQ and Synopsis Home to Health Sciences North/Horizon Sante-Nord (HSN). HSN is the first Synopsis customer in Canada and underlines the commercial applicability of this award-winning solution in the Canadian marketplace.

HSN is an existing Vitalhub customer, having previously invested in the company's EHR (electronic health record) and case management solution. The licensing of Synopsis iQ and Home comes as part of HSN's drive to invest in digital transformation to improve the quality, efficiency and workflow of its preadmission department for the benefit of patients and clinicians.

Synopsis iQ and Home were licensed to improve the business process and workflow of the preoperative assessment and surgery booking pathways, optimizing operating room utilization and resulting in an improved patient experience and outcomes.

HSN, like many hospitals across Canada and globally, is working its way through the COVID-19-related surgical backlog which the investment in Synopsis is going to help it clear more safely and efficiently.

"During COVID we have had to do many of our preadmission consults over the phone, taking up a huge amount of nursing hours. Without a digital system in place, we'd required patients to document their own preop instructions which was not ideal and or aligned with HSN's standard of practice. Synopsis allows the patient to be able to, in English or French, complete their own health history and medication list on-line and submit it prior to their surgery for us to retain in their chart and for them to have access to information about their surgery. We are excited about rolling Synopsis out across our surgical programs," said Kristy McDonald, RN, BScN, quality improvement manager -- surgical program, Health Sciences North/Horizon Sante-Nord.

"We are expanding our partnership with HSN. Their focus and commitment to providing excellent care through digital transformation is inspiring. We are elated that they've chosen to be our first Canadian Synopsis customer. This partnership reinforces that our focused acquisition strategy of adding complementary and innovative solutions to our patient flow portfolio positively impacts our customers and their ability to optimize patient care outcomes," said Niels Tofting, executive vice-president, business development and marketing, Vitalhub.

About Vitalhub Corp.

Software for health and human services providers designed to simplify the user experience and optimize outcomes. Vitalhub develops mission-critical technology solutions for health and human services providers in the mental health (child, youth and adult), long-term care, home health, community and social services, and acute care sectors.

Vitalhub develops technologies in two primary categories: patient flow, operational visibility and patient journey optimization solutions; and electronic health record, case management, care co-ordination and optimization solutions. The company has a robust two-pronged growth strategy, targeting organic growth opportunities within its product suite, and pursuing a strategic merger and acquisition plan. Currently Vitalhub serves more than 600 clients across Canada, the United States, the United Kingdom, Australia, New Zealand, the Middle East and Europe.

Vitalhub is based in Toronto, Canada, with an offshore development hub in Sri Lanka. The Vitalhub team comprises more than 200 team members globally. The company is publicly traded on the Toronto Stock Exchange under the symbol VHI.

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