- VitalHub (VHI) has announced that its TREAT Electronic Health Record has been licensed by the Ministry of the Solicitor General
- TREAT has been licensed to track medical information for inmates in provincially-run adult correctional institutions across Ontario
- Once deployed provincially, TREAT will provide care givers with accurate, up-to-date, standardized, and secure health information records
- The six-year contract will provide the company with recurring license revenue totalling approximately $9 million over the initial six-year term
- VitalHub offers technology solutions to health and human services providers
- Shares of VitalHub Corp. (VHI) are up 3 per cent on the day, trading at C$3.06 at 10:45 am ET
VitalHub (VHI) has announced that its TREAT Electronic Health Record has been licensed by the Ministry of the Solicitor General.
The initial six-year license agreement includes an option to extend for four additional years to track inmates’ medical information in provincially-run adult correctional institutions across Ontario.
The Ministry of the Solicitor General holds approximately 8,000 inmates a day across its 25 adult correctional institutions. Health care services at all correctional institutions maintain detailed health records for all detainees from the time of admission to release.
VitalHub’s TREAT Electronic Health Record was selected following an extensive evaluation process that began in December 2019. Once deployed provincially, TREAT will provide care givers with accurate, up-to-date, standardized, and secure health information records.
The six-year contract provides the company with recurring license revenue and professional services delivered over a six-year period, totalling approximately $9 million.
Niels Tofting, EVP, Business Development & Marketing at VitalHub commented on the news.
“The TREAT solution continues to gain momentum as the leading EHR for health and human services providers in Canada. This agreement represents the second provincewide partnership that our team has earned the right to support in Canada and represents another very significant milestone for VitalHub. We expect that with the scope, scale and expertise developed, this project will in time present many more opportunities across Canada and internationally.”
VitalHub offers technology solutions to health and human services providers.
Shares of VitalHub Corp. (VHI) are up 3 per cent on the day, trading at C$3.06 at 10:45 am ET.
