NEWPORT BEACH, Calif., Nov. 20, 2018 /PRNewswire/ — ORHub, Inc. (OTCQB: ORHB) (the “Company” or “ORHub”), a SaaS-based healthcare data analytics company uniquely focused on the business of surgery to improve the profitability of providers, today announces a case study highlighting the economic savings from its Surgical Spotlight™ data analytics platform.
The Surgical Spotlight™ aggregates the top ten actionable key performance indicators (KPIs) for operating rooms (ORs), into a compelling analytics platform to drive productivity decisions for higher-value performance. Based on ORHub’s internal research across ten ORs, the platform can demonstrate that by increasing utilization by 5%, the analytics tool supported over an estimated $1M in annual labor cost savings.
“By creating a low-risk optimization tool that is simple to use and easy to install, we enable providers to make compelling decisions to drive the utilization and productivity of their ORs, quickly and affordably,” said Colt Melby, Chief Executive Officer of ORHub. “The economic impact, over time, results in millions of dollars saved with an above average 9x ROI per health system. This is just a small example of the power of our smart analytics platform that can be provided to healthcare systems nationally.”
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; Newport and Laguna Beach, 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.
Jason Brown, Shareholder Communications
Cathy Loos, Senior Media Relations Specialist