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VitalHub Announces First Sale of WellLinc Blockchain Solution
Ernst & Young LLP to collaborate on the initial implementation
TORONTO, May 31, 2018 (GLOBE NEWSWIRE) -- VitalHub Corp. (the “Company” or “VitalHub”) (TSXV:VHI) is pleased to announce the first sale of WellLinc, the Company's proprietary Blockchain Electronic Health Record ("EHR") interoperability solution. WellLinc has been licensed by Bluewater Health and the Canadian Mental Health Association of Lambton-Kent (“CMHA LK”).
Upon the successful implementation of the WellLinc Blockchain as a Service (“BaaS”) offering, both organizations will license the solution, which provides mental health and long-term care organizations with access to a secured, distributed client record that enables the interoperable exchange of critical patient health data across the continuum of care. VitalHub's WellLinc solution is built utilizing the Hyperledger Fabric technology to support full interoperability that is not limited to read-only access to data. WellLinc allows organizations that update a client record in one node to automatically record that transaction and update it across all other trusted nodes.
Ernst & Young LLP (“EY Canada”) Health practice is collaborating with VitalHub on this project, and is exploring an outcomes-based ROI analysis of the impact of WellLinc, that will be used to support design decisions as the Company rolls-out and further expands the WellLinc solution into new geographies.
WellLinc's infrastructure is easily and readily expandable to Local Health Integration Networks ("LHINs") across Ontario, and more broadly for regional mental health programs across Canada.
VitalHub's goal is to demonstrate the significant cost-savings and improved quality and coordination of care associated with the use of WellLinc, and to scale the adoption of this solution internationally to improve mental health and addictions services.
“Our decision to license WellLinc in partnership with Bluewater Health was made because of our desire to improve the services that we provide to our clients in the community. WellLinc will provide our care providers with a longitudinal view of their clients’ record, which includes assessment information about the services they’ve received in the hospital when in crisis. Access to this information will enable us to better plan care in the community to avoid future crisis interventions,” said Alan Stevenson, Chief Executive Officer CMHA LK.
“We are excited to roll out VitalHub’s WellLinc interoperability solution, as we believe it will achieve a provincial objective of a coordinated access system, that will reduce unnecessary hospitalizations, thereby freeing up resources in an already-overcrowded health system,” said Paula Reaume-Zimmer, Integrated Vice President, Mental Health & Addictions Services of Bluewater Health and CMHA LK. “We believe having a shared, interoperable mental health record system will greatly enhance our ability to provide high quality and a more cost-effective process, allowing us to reinvest existing resources in direct patient care.”
“The rise in mental health awareness across Canada and the Western world has created an impetus to focus more closely on the delivery and quality of care of mental health patients,” said Aaron Smith, Atlantic and Ontario Healthcare Market Lead for EY Canada’s Health practice. “As increased resources are needed to address this need, tools such as VitalHub’s WellLinc will become more and more valuable to promote cost-efficiencies, and optimize the flow of essential patient health data in an integrated manner across the continuum of care.”
“WellLinc is the first fully interoperable mental health specific Blockchain solution that we are aware of, globally,” said Dan Matlow, CEO of VitalHub. “Our goal is to prove WellLinc’s value using the Bluewater-CMHA LK implementation, and then continue in our efforts to expand the platform globally. We believe WellLinc has tremendous capability, and that its potential applications are immense.”
VitalHub develops and supports mission-critical healthcare information systems in the Mental Health (Child, Youth and Adult), Long Term Care, Community Health Service and Hospital sectors. VitalHub technologies include Blockchain, Mobile, and Web-Based Assessment and EHR solutions.
VitalHub's aim is to create high-value, secured solutions enabling interoperability among existing health data systems. VitalHub is primarily focused on working with organizations in the Mental Health and Long-Term Care space, to further extend organization's applications across the continuum of care, powered by the security, efficiency, and trust of Blockchain technology.
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".
ABOUT CMHA LAMBTON-KENT:
CMHA is a nation-wide, charitable organization that promotes the mental health of all and supports the resilience and recovery of people experiencing mental illness. CMHA LK provides professional mental health experts and additional resources to serve the Lambton Kent region. In Lambton Kent, CMHA provides a wide range of innovative and individualized services as well as community and workplace education to over 1800 adults and youth each year. CMHA LK services are client driven, with an integrated organized approach to meet the needs and choices of people who have been diagnosed with mental illness. CMHA services are divided into three categories: Crisis Intervention and Short-Term Services, Integrated Client Services, and Mental Health Promotion. The purpose of these services is to help individuals develop and maintain their capacity to achieve their goals and live as independently as possible in the community, and to develop the personal tools they need to lead meaningful and productive lives.
ABOUT BLUEWATER HEALTH:
Bluewater Health is located within the Erie St. Clair Local Health Integration Network ("LHIN") and encompasses Bluewater Health located in Sarnia, Ontario, and Charlotte Eleanor Englehart Hospital of Bluewater Health located in Petrolia, Ontario. Bluewater Health is Sarnia-Lambton’s largest public-sector employer, with nearly 2,500 staff, professional staff and volunteers providing care for the residents of Sarnia-Lambton. Bluewater Health provides an array of specialized acute, complex continuing care, allied health and ambulatory care services. Bluewater Health’s Mission is: We create exemplary healthcare experiences with patients and families every time.
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