Life Science Company News
VitalHub Subsidiary Wins Technology Company of the Year Award
TORONTO, May 12, 2021 (GLOBE NEWSWIRE) -- VitalHub Corp. (the “Company” or “VitalHub”) (TSXV: VHI) is pleased to announce that Synopsis has been named winner at the British Data Awards, in the Technology Company of the Year (<50 employees) category.
Synopsis, the marquis product platform and previously acquired asset of VitalHub subsidiary Intouch with Health (“Intouch”) has won another award, being honoured at the British Data Awards, in the Technology Company of the Year (<50 employees) category.
The British Data Awards is an annual campaign that sets out to uncover data success stories. Organisations taking part this year include FTSE 100 giants, tech unicorns, innovative start-ups, public sector bodies, not-for-profit organizations and everything in between.
VitalHub’s entry into the awards centred around how Synopsis uses data to improve the pre-operative assessment pathway. Synopsis was developed and launched as the first digital pre-op assessment pathway with full integration into the hospital patient administration system (“PAS”) / electronic patient record (“EPR”) – resulting in efficiencies previously unrealized within pre-operative assessment departments.
In another major step forward, Synopsis Home was launched last year, enabling patients to complete their pre-operative assessment from home, then share their data with the hospital’s triage team. This functionality has been very important in supporting new infection prevention measures introduced in response to the global COVID-19 pandemic.
The accolade has been awarded following an extensive grading process conducted by a judging panel of technology, data, and medical technology leaders. The 2021 judges include: Neil Carden, COO of Forth Point, Jason Johnson, Co-Founder of Predatech, Mahana Mansfield, Data Science Director at Deliveroo, Tej Parikh, Chief Economist at the Institute of Directors, Harriet Rees, Head of Data Science at Starling Bank and Dr Jo Watts, CEO and Founder of Effini.
“I’d like to extend my congratulations to all our 2021 Winners, said Jason Johnson, Co-Founder of Predatech and British Data Awards judge. “With 149 entries received this year, being named a Winner is a great achievement, and all organisations should feel immensely proud. I’m really excited to see what the next 12 months holds for our Winners.”
“We are very appreciative of the ongoing recognition of the value of our solutions, as we continue to innovate and drive value for health systems on a global basis,” said Dan Matlow, CEO of VitalHub Corp. “This award is a demonstration of the applicability of the Synopsis product to in current healthcare landscape, wherein it has become more vital than ever to optimize the operational efficacy and efficiency of health systems. We look forward to continuing to grow our influence in delivering value-added services to our customers.”
Intouch with Health was also recognised at the awards, as the runner-up in the ‘Healthcare Organisation of the Year’ award.
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 275+ 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 Venture Exchange under the symbol “VHI”.
ABOUT INTOUCH WITH HEALTH
Established in 1999, Intouch with Health is the prime supplier of patient flow management solutions to the NHS acute sector.
The Intouch with Health Patient Journey Platform enables NHS Trusts and healthcare organisations to manage entire patient workflows and optimise flow in outpatient care in an efficient manner.
The Intouch Platform currently processes over 30 million NHS outpatient appointments annually and supports over 110 NHS Hospitals improve communication and information management, reduce costs, and improve overall quality.
The Intouch Platform processes approximately 31% of all NHS Outpatient attendances, utilising real-time data and integrated blended pathways to improve patient flow and support more effective patient care.
The award-winning Synopsis Platform enables hospitals to manage the entire pre-operative assessment digitally, removing paper trail, increasing data security, and delivering significant organisational benefits.
Synopsis has been used within the NHS to complete over 120,000 patient pre-operative assessments, contributing to an average saving of £1.4m per Trust. Savings are generated from the reduction of last-minute cancellations of surgery by an average of 20% and further administration time reductions, releasing nursing time back to the departments and increasing patient satisfaction across the surgical pathway.
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 a 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.
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