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Vitalhub (TSX:VHI) signs licensing agreement with Staffordshire and Stoke-on-Trent ICS

Health Care
TSX:VHI
13 January 2022 14:15 (EDT)
VitalHub - CEO, Dan Matlow.

Source: Business & Innovation Magazine.

VitalHub (VHI) has signed a multi-year licensing agreement with Staffordshire and Stoke-on-Trent Integrated Care Systems (ICS).

The ICS’s agreement will span over three years and be one of Vitalhub’s subsidiary Transforming Systems’ largest sales to date.

The finalization of this agreement is another step in Vitalhub’s increasing its presence in the UK healthcare system.

Transforming Systems will be deploying the SHREWD Resilience and SHREWD COVID-19 modules across the ICS network.

SHREWD systems play an instrumental role in supporting their endeavours by providing a real-time picture of the health system and reducing the administrative work of current manual processes.

SHREWD’s decision-making tools can empower the ICS in its pursuit of improving the efficiency of care delivery by enabling operational visibility across the system.

Dan Matlow, CEO of VitalHub Corp., commented,

“Our SHREWD platform continues to address emergent needs across the healthcare system, specifically several of the challenges resulting from the pandemic.”

The ICS spans six clinical commission groups (CCGs) in the Stafford and Stoke-On-Trent area.

The ICS network employs over ten thousand individuals, serving a patient population of more than 1.1 million people.

Stafford and Stoke-on-Trent ICS are a partnership of NHS and local government organizations that are working together to transform local health and care services.

VitalHub provides technology to Health and Human Services providers.

VitalHub Corp. (VHI) is up 0.33 per cent and is trading at $3.04 per share as of 2:08 p.m. EST.

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