-Accelerate Market Share in $50 Billion High Growth Healthcare Data Analytics Market-
-Client Testimonial Substantiates Value Proposition of Data Analytics-
NEWPORT BEACH, Calif., Feb. 5, 2019 /PRNewswire/ — ORHub, Inc. (OTC: ORHB) (the “Company” or “ORHub”), a SaaS-based healthcare data analytics company focused on the business of surgery to improve the profitability of hospitals, ambulatory surgery centers (ASCs) and health systems today announces that ORHub expands its national sales and distribution force to over 50 representatives to accelerate market share in the healthcare data analytics market.
According to MarketsandMarkets Research, the healthcare analytics market is expected to reach $50 Billion by 2024 representing a high compounded annual growth rate of 28.3% over five years in a young and dynamic market(1).
“We are extremely delighted to add experienced healthcare sales representatives and distributors to the team, who are already tackling over 10,000 hospitals and ASCs in the U.S.,” said Colt Melby, Chief Executive Officer of ORHub. “We looked no further than to our clients who have validated the product with great reviews. By adding powerful resources to the national sales effort, we expect to gain market share much more quickly.”
Terry Roth, Executive Director of Hoag Orthopedic Institute said, “ORHub ingests data from any Electronic Health Record, then analyzes, manipulates and displays it in a way which enables facilities to influence physicians and staff to work towards improved hospital and patient outcomes. It provides a comprehensive view of material that is both user-friendly and easy to grasp. Working in ORHub has allowed me to prioritize my efforts towards increased efficiencies in many aspects of the preoperative process. I love it!”
(1) MarketsAndMarkets, “Healthcare Analytics Market by Type (Predictive, Prescriptive, Cognitive) Application (Clinical, RCM, Claim, Fraud, Waste, Supply Chain, PHM) Component (Service, Software) Delivery (On-demand, Cloud) End User (Payer, Hospital) – Global Forecast to 2024”, 2019, https://www.marketsandmarkets.com/Market-Reports/healthcare-data-analytics-market-905.html
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.
Jason Brown, Shareholder Communications
Cathy Loos, Senior Media Relations Specialist