TORONTO, June 11, 2019 (GLOBE NEWSWIRE) -- VitalHub Corp. (the “Company” or “VitalHub”) (TSXV: VHI) is pleased to announce it will be holding its first MCAP user conference in the United Kingdom on June 13, 2019.
The conference will be held at Canada House, Trafalgar Square, Pall Mall E London, SW1Y 5BJ U.K., and will run from 10AM until 3:30PM. The conference is aimed at promoting opportunities for collaboration and sharing of best practices among users of MCAP, VitalHub’s proprietary patient flow decision support solution. The Company plans to use the conference to share future direction and products plans with its users on a go-forward basis.
Notably, the conference will feature a keynote address by Nigel Edwards—a health policy researcher, and Chief Executive at the Nuffield Trust. Nigel was formerly an expert advisor with KPMG’s Global Centre of Excellence for Health and Life Sciences, a Senior Fellow at The King’s Fund. He was Policy Director of the NHS Confederation for 11 years.
Further, the conference will include a panel discussion surrounding the merits and use of patient flow solutions and clinical utilization reviews, which will feature leading global consulting firms, including Mckinsey & Co, PwC, Ernst & Young, Capita, PA Consulting, GE Healthcare, PPL Consulting, and 2020 Delivery.
VitalHub’s licensing of the MCAP product continues to demonstrate strong growth, and the product currently has 18 clients, representing 52 hospitals, and over 10,000 patient beds. Additionally, VitalHub subsidiary—the Oak Group—has completed 200 patient flow performance reviews across five different countries using the MCAP solution.
“We are excited to engage with all of our MCAP users at Canada House,” said Dan Matlow, CEO of VitalHub Corp. “We have had so many good implementations of our recently-acquired subsidiary’s (The Oak Group) products, notably MCAP. We look forward to the opportunity to facilitate our users sharing best practices, and helping us to continually improve the utility of the products and the client experience.”
ABOUT VITALHUB:
VitalHub develops mission-critical technology solutions for Health and Human Services providers in the Mental Health (Child through Adult), Long Term Care, Community Health Service, Home Health, Social Service and Acute Care sectors. VitalHub technologies include Blockchain, Mobile, Patient Flow, Web-Based Assessment and Electronic Health Record solutions.
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 200+ clients across North America. 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".
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 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, including the share consolidation proposal, 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