TORONTO, Dec. 15, 2021 (GLOBE NEWSWIRE) -- VitalHub Corp. (the “Company” or “VitalHub”) (TSX: VHI) is pleased to report that its subsidiary, S12 Solutions (“S12”), which was acquired by VitalHub earlier this year, continues to achieve significant market penetration with a new S12 Solutions contract signed in November 2021. Northamptonshire Healthcare NHS Foundation Trust (“the “Trust” or “Northamptonshire”) has signed a multi-year contract with S12 Solutions to help the Trust move towards its goal to digitally transform paper-based processes. The Northamptonshire contract includes: 1 Clinical Commissioning Group, 2 Local Authorities and 1 Trust. The license features the S12 Solution standard platform, including both; the electronic statutory Mental Health Act (“MHA”) forms and the electronic claims process.
S12 Solutions is a UK-based company, which helps mental health professionals efficiently complete Mental Health Act 1983 (“MHA”) processes. S12 Solutions is a digital platform, which connects Approved Mental Health Professionals (“AMHPs”) with approved section 12 (“s.12”) doctors for MHA assessments in England. AMHPs are able to find available, nearby doctors, create s.12 doctor claims, and both AMHPs and doctors can create, complete and share electronic statutory MHA forms.
Founded in 2017, S12’s platform supports mental health crisis care pathway efficiency through timely access to the best available assessing team for service users, more assessment preparation time for AMHPs, and greater control over contact information and s.12 work for doctors.
“We are extremely pleased with the progress being achieved by the S12 team,” said Dan Matlow, CEO of VitalHub Corp. “The S12 platform solves a significant market need by addressing the inefficiencies caused by outdated paper-based processes associated with the MHA. In addition to this planned implementation at Northamptonshire, we continue to see a significant opportunity to leverage the S12 technology platform, both within its current mental health application, and to disrupt additional healthcare market verticals.”
About Northamptonshire Healthcare NHS Foundation Trust:
Northamptonshire Healthcare NHS Foundation Trust (NHFT) is committed to making a difference in the community the Trust serves. Northamptonshire offers more than 100 services including mental health, community nursing, sexual health, physiotherapy and a range of others including specialty services.
More than 5,000 staff contribute to providing dedicated healthcare for the community, making contact with patients on more than 1.5 million occasions in 2017/18 alone. Northamptonshire’s current population of over 733,000 people is set to rise by 4% by 2030. Of this population, 20.1% are aged 0-15, 62.6% are aged 16-64 and 17.3% are over 65 years old.
About VitalHub: Software for Health and Human Services providers designed to simplify the user experience & optimize outcomes.
VitalHub provides technology to Health and Human Services providers including; Hospitals, Regional Health Authorities, Mental Health, Long Term Care, Home Health, Community and Social Services. VitalHub solutions span the categories of Electronic Health Record (EHR), Case Management, Care Coordination, Patient Flow & 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 M&A plan. Currently, VitalHub serves 400 clients across Canada, USA, UK, 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 under the symbol “VHI”.
Cautionary Statement: This press release includes forward-looking statements regarding the Corporation and its business, which may include, but is not limited to, statements with respect to the appointment of new directors. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "is expected", "expects", "scheduled", "intends", "contemplates", "anticipates", "believes", "proposes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Such 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 by certain specified dates or at all and could differ materially as a result of known and unknown risk factors and uncertainties affecting the companies, including risks regarding the technology industry, failure to obtain regulatory or shareholder approvals, market conditions, economic factors, the equity markets generally and risks associated with growth and competition. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and the Corporation undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
CONTACT INFORMATION:
Dan Matlow
Chief Executive Officer, Director
(416) 727-9061
dan.matlow@vitalhub.com
