PHOENIX, AZ (August 4, 2017) ORHub, Inc. (OTC: ORHB), a medical software company focused on delivering case-based data analytics at the speed of surgery, today announces that effective July 31, 2017, Michael S. Williams retired from his role as a director and executive vice president of the Company as previously anticipated. Mr. Williams, 70, had been affiliated with ORHub and its predecessor since 2004.
The Company is currently interviewing prospective candidates for the open board seat. Mr. Williams will assist ORHub during a transition period over the next few months as the Company completes the audit of its financial statements for the periods ending June 30, 2016 and June 30, 2017.
ORHub CEO Colt Melby stated, “We all thank Mr. Williams for the outstanding support over the years. This planned transition coincides with the first anniversary of the ORHub acquisition. Since then, we have raised more than $3.7 million, enhanced our OTC market profile with DTC eligibility, added substantially to the market cap, completed a successful pilot, added new modules for additional market opportunity, and published an impressive Microsoft case study.
We wish him the very best in his future endeavors.”
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:
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.