TEMPE, Ariz., Aug. 12, 2019 (GLOBE NEWSWIRE) -- via NetworkWire -- ORHub, Inc. (OTC: ORHB) ("ORHub" or the "Company"), a Microsoft Silver Partner and cloud-based healthcare intelligence company focused on the business of surgery, today announced that the ORHub Board of Directors unanimously agreed and appointed Dr. Robert Lazzara to the Board of Directors as Chairman.
“It is an exciting time for ORHub, and I welcome the expanded responsibility as Chairman of the Board. We have a great team, and a great product. We are Singularly focused on Surgical Spotlight, a unique point of care product, that can springboard the company into rapid growth, not only through tremendous cost savings and improved patient access for health systems, but by improving clinical outcomes for patients and physicians through our long term strategic plan,” comments Dr. Lazzara.
About ORHub, Inc.
ORHub is a growth stage data analytics company on a mission to optimize the Business of Surgery through lean process improvement. As a Microsoft Silver Partner, ORHub leverages the Azure cloud to help customers unlock the power in their data captured in the OR. Surgical Spotlight® helps providers harness that data, identify millions of dollars in opportunities, and get leaders back to their primary focus: improving care, increasing patient access and reducing costs. A first-of-kind team building tool brings all stakeholders together with regular and accessible information. ORHub specializes in business intelligence for the operating room, built by professionals from the operating room.
Industry Statistics: The U.S. market continues to grow, with over 5,500 hospitals and 6,100 ambulatory surgery centers (ASC’s) performing over 50 million medical procedures annually. According to MarketsandMarkets, the global healthcare analytics market will approach 50BN by 2024 with a 5-year Compound Annual Growth Rate (“CAGR”) of 28.3% from 2019.
Forward-Looking Statements
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although the Company believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, it can give no assurances that its expectations will be attained. Such statements are inherently uncertain, and actual results and activities may differ materially from those estimated or projected. Certain factors that can affect the Company's ability to achieve its anticipated results include, among others, uncertainties inherent in the development of a new software product business.
ORHUB Contact:
Jason Brown
Shareholder Communications
jason.brown@orhub.com
714-228-5667