NEWPORT BEACH, CA (July 19, 2017) Less than a week after declaring its nationwide deployment strategy, ORHub, Inc. (OTC: ORHB) today announces its entrance into the cardiac segment of health care through the launch of its Cardiac and Cardiology service line.
This new line significantly increases ORHub’s case capabilities for major cardiac procedures, a target market that exceeds 7.3 million procedures each year*i. As the volume of cardiac procedures continues to grow at an annual rate of nearly 10% nationwide, ORHub’s Cardiac and Cardiology service line is expected to be available in early Q3 2017 as incremental volume to the Company’s other two service lines.
Currently used at two major hospitals in Southern California, ORHub’s transformative medical software is a case-based model that can analyze procedures, offer predictive analysis, and enable additional revenue insights to hospital facilities across service lines. Each new service line delivers unprecedented intelligence and insight into the volume of cases in an operating room. The Company’s growing portfolio of service lines now includes the Spinal, Hip & Knee, and Cardiac and Cardiology modules to deliver greatly improved resource allocation, real-time monitoring of surgery, and predictive analysis.
“The ORHub Platform helps hospitals and surgeons make real-time, data-driven decisions that improve business profitability and patient outcomes. Utilizing the resources of our new national delivery partner, we intend to expand our service line offerings at an aggressive rate and deliver our transformative software to key hospitals in major U.S. markets,” says ORHub CEO Colt Melby. “We are just getting started and look forward to updating shareholders on our rapid momentum. As of now, we are on pace to exceed our deployment goals for 2017.”
Powered by the Microsoft Azure platform, and as proven by the experience of the Hoag Orthopedic Institute (HOI) in using ORHub to advance orthopedic care, ORHub’s extensive capabilities include decreased manual paperwork and optimized data analytics.
To view the full case study, entitled “Orthopedic hospital tests cloud-based cure for symptoms of rising healthcare costs,” visit: http://nnw.fm/2iGHh
About ORHub, Inc.
ORHub, born from the Microsoft for Start-Ups program, is HIPAA-compliant advanced surgical software provider focused on Revolutionizing the Business of Surgery™ through the foundation of electronic data capture at the point-of- surgical care to improve workflow, simplify work processes and access real-time data intelligence. The Company’s suite of products serves the needs of the health care industry including providers, patients, the government and the medical device vendors. ORHub provides a cloud-based software solution that captures information before, during and after surgery, filling a void in the current surgical information infrastructure and providing the first process to capture and measure the surgical process — evolving Big Data into Intelligent Digital Data.
Hospitals and surgeons can make real-time, data-driven decisions to improve business profitability and the quality of patient care. This innovative technology results in hospitals understanding costs and identifying areas of cost reductions, as well as results in increased accountability, automatic creation of comprehensive anatomic implant registries, real-time analytics, improved efficiencies, and compliance with existing government regulations. ORHub has offices in Tempe, Arizona; Southern California; Bellevue, Washington; and Jacksonville, Florida.
To view a previously released Microsoft Case Study on HOI and ORHub visit:
https://customers.microsoft.com/en-us/story/hoi-health-azure
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.
ORHub Contact
Jason Brown,
Shareholder Communications
jason.brown@orhub.com
714.228.5667