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Bullboard - Stock Discussion Forum Vitalhub Corp T.VHI

Alternate Symbol(s):  VHIBF

VitalHub Corp. is a Canada-based software company. The Company offers software for health and human service providers designed to simplify the user experience and optimize outcomes. It offers a comprehensive suite of software-as-a-service (SaaS) solutions, which include electronic health record (EHR), case management, care coordination, and optimization; patient flow, operational visibility... see more

TSX:VHI - Post Discussion

Vitalhub Corp > Nice NR
View:
Post by retiredcf on Jan 08, 2024 10:18am

Nice NR

Given how much many country's health services systems are struggling, this bodes well. GLTA

TORONTO, Jan. 08, 2024 (GLOBE NEWSWIRE) -- VitalHub Corp. (the “Company” or “VitalHub”) (TSX:VHI) (OTCQX:VHIBF) is pleased to announce the United Kingdom (UK) government’s investment in System Coordination Centre (SCC) medical technology, aimed at alleviating the capacity strain on the NHSE (National Health Service England). VitalHub’s SHREWD technology platform provides an operational situation dashboard, which is being incorporated into Integrated Care Systems (ICSs). This system will generate proactive alerts, enhancing the quality and longevity of health and care services for local communities.

In the UK, 42 Integrated Care Systems (ICSs) operate as partnerships uniting together NHSE, local health, and care organizations. Together they develop plans to improve the long-term health and care services for people and communities. Acknowledged as the future of health and care integration, ICSs play a pivotal role in both the NHSE Long Term Plan and Health and Care Act, according to NHSE leaders.

System Coordination Centres (SCCs) play a crucial role in ensuring the highest quality of care across all health disciplines. They manage clinical risk within and across acute, community, mental health, primary care, and social care services while overseeing system demand, capacity, and risk mitigation. Recent new funding is earmarked to enhance patient care, reduce waiting lists, expedite diagnoses, and introduce innovative methods for treating patients. It will also encourage the adoption of technologies such as virtual wards for remote patient care and wearable devices for monitoring chronic conditions from the comfort of one's home.

"We are extremely pleased to be directly benefiting from the contribution of the UK government’s ongoing commitment to provide best in class healthcare. This program will support key NHS priorities to address the requirements of ICS to have Smart System Control implemented as a SCC,” commented Dan Matlow, CEO of VitalHub. “We are delighted to support this region through our world class SHREWD suite of offerings. SHREWD operational situation dashboards allow users to easily identify where local urgent care system pressures are developing, and to act through proactive alerts, inbuilt teleconferencing and paperless audit systems. We view this investment as furtherance to the growing opportunities we enjoy in markets for our products and our market-leading position.”

Comment by Possibleidiot01 on Jan 11, 2024 3:21pm
If you go back and look at the announcements , about 1/3 of the ICSs use Vitalhub software so lots of expansion potential. Could concievably be easier to sell to the 28 or so not using because of the example of the ones who do use.
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