Significant Milestone Helps ORHub (ORHB) Deliver Cost-cutting Insight to Health Care Providers
Recorded data from 500 surgeries provides hospitals valuable information to improve operating room efficiencies
NEWPORT BEACH, CA--(Marketwired - Apr 27, 2017) - ORHub, Inc. (OTC: ORHB), a cloud-based health care software-as-a-service
company focused on decreasing costs and improving outcomes in surgical care, today announces that, via the ORHub platform
currently used by two major hospitals in Southern California, the Company has successfully collected data from 500
surgeries.
"ORHub's achievement of recording more than 500 surgical cases is a clear message that our software is performing as expected
and becoming a fixture in the operating room. We have been the system of record for several months without issue at two major
medical institutions and will be announcing additional provider participation shortly. The data we have collected is providing
valuable insight that is already allowing us to help identify user needs, non-value added activities, and value-based opportunity
for hospitals. This milestone shows the robustness of our user-centered design and the focus we have on value creation for our
customers," says Wesley Mitchell, Chief Technology Officer for ORHub.
By carefully collaborating with our customers on perioperative processes, nursing role needs, and the overall value chain for
perioperative activities, ORHub has created a data network overlay that links information that is often manually generated or
siloed in distributed systems. The addition of easy-to-use barcoding-scanning for products used in the operating room,
user-friendly touchpad functionality, and notification to stakeholders opens an opportunity to measure outcomes and
cost-effectiveness at a case level.
"In addition to reducing waste, and improving the efficiency of our customers, the information we collect is also providing
actionable insight. As we evolve our services, we expect to drive analytics and deep learning capabilities from the volume of
surgeries we digest through our HIPPA compliant cloud based infrastructure. This case level information will help hospitals
control costs and provide value-based outcomes to their patients," says Mitchell.
About ORHub, Inc.
ORHub is a cloud-based software platform focused on delivering value-based medicine in surgical care. The company enables all
parties involved in surgical care to work together to organize, deliver, measure and reimburse in a single uniform process. This
allows for significant decreases in cost and improvement in outcomes by eliminating non value-added activities, duplication of
effort, and errors and omissions that result from siloed processes and poor handoffs from one part of the care process to
another.
The need for ORHub is clear. Health care comprises more than 17% of US GDP at over $3 trillion per year. With costs rising
every year due to an aging population and more expensive treatments, providers are under severe pressure to become more efficient
and reduce costs from payers who are aggressively reducing reimbursements and finally moving away from fee-for-service and toward
performance-based reimbursement. ORHub enables providers to thrive in this new environment by addressing the single largest
segment of health care, which is surgical care. ORHub overlays numerous legacy systems with a 360 degree system that is a
lightweight data network focused on tracking cost from diagnosis to discharge centered on treating a patient for a specific
condition. ORHub has offices in Phoenix, Arizona; Newport Beach, California; and Bellevue, Washington.
For more information, visit www.orhub.com.
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.