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Vitalhub Corp (2)
Symbol VHI
Shares Issued 43,350,258
Close 2022-07-18 C$ 2.71
Recent Sedar Documents

Vitalhub licenses Shrewd platform to Oxfordshire

2022-07-18 11:57 ET - News Release

Mr. Dan Matlow reports

VITALHUB ANNOUNCES MULTI YEAR CONTRACT WITH BUCKINGHAMSHIRE, OXFORDSHIRE AND BERKSHIRE INTEGRATED CARE SYSTEM

Vitalhub Corp. has signed a multiyear licensing contract of subsidiary Transforming System's Shrewd platform and Shrewd Resilience offerings to Buckinghamshire, Oxfordshire and Berkshire Integrated Care System (BOB ICS).

Berkshire West CCG is part of the Buckinghamshire, Oxfordshire and Berkshire Integrated Care System spanning three clinical commissioning groups, six NHS (National Health Services) trusts, 14 local health authorities and 45 primary care networks. In total, BOB ICS provides care for a population of 1.8 million people across southeast England.

Through this contract, BOB ICS will attain visibility of the entire health system in real time, enabling improved resource utilization, capacity and load balancing, and operational efficiency. This contract provides access to the Shrewd Platform and Resilience offerings across BOB ICS, further increasing penetration of Transforming System's offerings across southeast England. With this deployment, Shrewd products will be installed in four out of the six ICSs in southeast England. The remaining two ICSs both using other Vitalhub products, presenting a further organic growth opportunity.

Shrewd Platform provides an operational data layer that is a single source of the truth in real time, allowing the Shrewd modules to provide intelligent insights and managers and key decision-makers to take the right action at the right time. The Shrewd Platform provides the integration and data collection tools the Shrewd modules operate from. The tools aggregate data which is accessed by Shrewd modules or an API (application programming interface), to transform the data into meaningful information with targeted functions.

Shrewd Resilience enables the whole health and social care system within a defined area to access real-time data. Resilience displays data in a way that is simple to understand and visually identifies areas of pressure quickly. Resilience enables front-line teams and operational leaders to see a real-time view of the situation in around three seconds. Users can then drill down into the precise reason for that pressure within a few clicks. This enables users to focus on where support is needed to improve flow.

"We are delighted with the ongoing progress and deployment of Transforming System's products across the U.K.," said Dan Matlow, chief executive officer of Vitalhub. "The power of real-time visibility solutions offers incredible power to health systems, enabling improved resource utilization, response times and overall quality of care. We look forward to continuing to expand our presence across the U.K. and beyond, as we strive to provide best-in-class operational visibility solutions to our clients."

About Vitalhub Corp.

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.

We seek Safe Harbor.

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