VitalHub announces multi-year regional license agreement with NHS England and NHS Improvement Midlands

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TORONTO, April 11, 2022 (GLOBE NEWSWIRE) — VitalHub Corp. (the “Company” or “VitalHub”) (TSX: VHI) is pleased to announce a multi-year regional licensing agreement of the Transforming Systems (“TS”) subsidiary SHREWD suite of solutions with NHS England and NHS Improvement Midlands (“NHSEI or the “Client”).

This transaction marks a new sale of customers for the company, with TS having engaged with NHSEI since July 2021. The customer, NHSEI, provides care to a population of 10.5 million people, in a highly diverse and large region, including areas like Birmingham which is the second largest city in the UK, and Lincolnshire which is the second largest English county in the country. NHSEI’s work is to support the 11 Integrated Care Systems (“ICS”) and Sustainability and Transformation Plans (“STPs”), 42 Trusts and 39 Clinical Commissioning Groups (“CCGs”) which are In the region.

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The 11 Customer SCIs are included in the contract and cover the following organizations:

  • Birmingham and Solihull
  • Black Country and West Birmingham
  • Coventry and Warwickshire
  • derbyshire
  • Herefordshire and Worcestershire (currently live)
  • Leicester, Leicestershire and Rutland
  • lincolnshire
  • Northamptonshire (currently live)
  • Nottinghamshire
  • Shropshire, Telford and Wrekin
  • Staffordshire and Stoke-on-Trent (in deployment phase)

The sale includes licensed access to Transforming Systems’ SHREWD Platform, SHREWD Region, and SHREWD Vantage products. The Customer’s use of these solutions is expected to provide a host of operational benefits, improving organizational efficiency, coordination and delivery of care. Specific benefits include (i) simplified operational view of real-time regional pressures, (ii) standardized reporting across regions, (iii) reduced administration for reporting end users, (iv) promoting consistent and timely subsequent reporting, (v) providing data driven information for better analysis, (vi) reducing disruption to operational activity by removing the need to manually collect operational data, (vii) streamlining processes for the regional oversight body, (viii) enable capacity and demand monitoring to inform real-time transfer decisions, (ix) improved patient safety and reduced patient risk, and (x) overall improvements in care for the population of the Midlands.

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“This sale to NHS England and NHS Improvement Midlands marks one of the largest regions to license Transforming Systems solutions,” said Dan Matlow, CEO of VitalHub Corp. “We are delighted to support this region by providing access to our SHREWD suits of offerings. We view this sale as continued confirmation of market demand for our products and the market leadership we have established and continue to maintain. in the UK healthcare landscape and beyond.

ABOUT NHS England and NHS Improvement Midlands

NHS England and NHS Improvement Midlands (“NHSEI”) provide care in a very diverse and large region, including areas such as Birmingham, which is the second largest city in the UK, and Lincolnshire, which is the second largest. large English county where the land is mainly used for agriculture. England and the Midlands’ work provides care for a population of 10.5 million people and involves supporting the 11 ICS and STPs, 42 trusts and 39 CCGs that are in the region, to ensure that together they provide excellent services that meet the needs of patients.

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ABOUT VITALHUB

VitalHub provides the technology to health and social service providers, including hospitals, regional health authorities, mental health, long-term care, home health, social and community services. VitalHub solutions span the categories of electronic health records (EHR), case management, care coordination and optimization, as well as patient flow and operational visibility solutions.

The company has a strong two-pronged growth strategy, targeting organic growth opportunities within its product line and pursuing an aggressive mergers and acquisitions plan. Currently, VitalHub serves over 400 customers in Canada, USA, UK, Australia, Middle East and Europe.

VitalHub is based in Toronto, Canada, with an offshore development center in Sri Lanka. The VitalHub team includes over 200 members worldwide. The Company is listed on the Toronto Stock Exchange (TSX) under the symbol “VHI”.

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CAUTION

This press release contains forward-looking statements regarding the Company and its business, which may include, but are not limited to, statements regarding the appointment of new directors. Often, but not always, forward-looking statements can be identified by the use of words such as “anticipates”, “is planned”, “expects”, “is planned”, “intends”, ” contemplates”, “anticipates”, “believes”, “proposes” or variations (including negative variations) of these words and phrases, or states that certain actions, events or results “may”, “could”, “would” , “could” or “will” be taken, occur or be reached. These statements are based on the current expectations of the management of each entity and are based on assumptions and subject to risks and uncertainties. Although the management of each entity believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. The forward-looking events and circumstances discussed in this release may not occur on certain specific dates or may not occur at all and may differ materially due to known and unknown risk factors and uncertainties affecting the businesses, including risks relating to the technology industry, failure to obtain regulatory or shareholder approvals, market conditions, economic factors, stock markets generally, and risks associated with growth and competition. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in the forward-looking statements, there may be other factors that cause actual actions, events or results differ from those anticipated, estimated or expected. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date they are made and the Company undertakes no obligation to publicly update or revise any forward-looking statement, whether whether as a result of new information, future events, or otherwise.

CONTACT INFORMATION
Dan Matlow
Chairman and Chief Executive Officer, Director
(416) 727-9061
[email protected]

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