Monthly Archives : July 2019

ORHub Inc. Chief Medical Officer “Bobby” Lazzara Summarizes Vision and Latest Developments in Exclusive NetworkNewsWire Broadcast

NEW YORK (July 18, 2019) – via NetworkNewsAudio – ORHub Inc. (OTC: ORHB), a cloud-based healthcare analytics company, on a mission to optimize the business of surgery through lean process improvement, today announces the broadcast of its exclusive audio interview with NetworkNewsAudio (NNA), a NetworkNewsWire (NNW) solution.

The interview can be heard at http://nnw.fm/Si3G2

ORHub Chief Medical Officer Dr. Robert “Bobby” Lazzara joins NNW host Stuart Smith for a look at the successful launch of ORHub’s product – Surgical Spotlight® – a cloud-based analytics tool that allows perioperative leaders such as physicians, nurses and administrators spot trends and outliers with curated performance indicators, increasing efficiency, decreasing costs and improving patient access in the operating room.

Medical News Minute provides further details on ORHub’s Surgical Spotlight application in this brief video featuring Dr. Lazzara.

“Our focus revolves around becoming a powerful foundational resource in the Operating Room. Streamlining in a manner that incorporates all factors enables not only significant cost reductions, but substantially heightened efficiency, yielding an unparalleled competitive advantage for surgeons and a maximized value to their patients,” stated Dr. Lazzara

He continued, “By providing the information that allows for a change in behavior, control is put into the hands of surgeons and administrators, enabling the evaluation of trends, and empowering the facility to make instantaneous adjustments that will continue building efficiency and profitability on an ongoing basis.”

“On track to gain about two percent market share toward the end of 2019,” Dr. Lazzara concludes, “…our goal to gain notable exposure, raise capital, and drive revenue into the Company as we continue to gain awareness. We believe that this valuable technology, with empowerment through mentorship nationwide, will be a strong contributor toward a long overdue paradigm shift in the continually evolving health care industry.”

ORHub’s vision is to place Surgical Spotlight® into as many operating rooms as possible, utilizing streaming videos and digital apps for increased patient and provider education. Current procedurally oriented specialties include the interventional cardiology lab, interventional radiology lab or gastrointestinal lab. Surgical Spotlight®, since its launch earlier this year, continues gaining market traction and system penetration.

About ORHub Inc.

ORHub is a growth-stage data analytics company on a mission to optimize the Business of Surgery through lean process improvement. As a Microsoft Silver Partner, ORHub leverages the Azure cloud to help customers unlock the power in their data captured in the OR. Surgical Spotlight® helps providers harness that data, identify millions of dollars in opportunities, and get leaders back to their primary focus: improving care, increasing patient access and reducing costs. A first-of-kind team building tool brings all stakeholders together with regular and accessible information. ORHub specializes in business intelligence for the operating room, built by professionals from the operating room. For more information, visit the company’s website at www.ORHub.com.

About NetworkNewsAudio

NetworkNewsAudio (NNA), a NetworkNewsWire (NNW) Solution, allows you to sit back and listen to market updates, CEO interviews and a Company AudioPressRelease (APR). These audio clips provide snapshots of position, opportunity and momentum. NetworkNewsAudio (NNA) can assist your company by cutting through the overload of information in today’s market, NNA brings its clients unparalleled visibility, recognition and brand awareness. NetworkNewsWire (NNW) is where news, content and information converge. NetworkNewsWire (NNW) is a comprehensive provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW has the unparalleled ability to reach a wide audience of investors, consumers, journalists and the general public with an ever-growing distribution network of more than 5,000 key syndication outlets across the nation.

For more information, visit: www.NetworkNewsAudio.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.

Company Contact:

Jason Brown
Jason.Brown@ORHub.com
(714) 228-5667

Corporate Communications:

NetworkWire (NW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkWire.com

ORHub, Inc. Settles Litigation with Former Chief Financial Officer

TEMPE, Ariz., July 01, 2019 (GLOBE NEWSWIRE) — via NetworkWire – ORHub, Inc. (OTC: ORHB) (the “Company” or “ORHub”), a cloud-based healthcare analytics company, today announced it has reached a resolution of its contract dispute with its former chief financial officer, Lanny Lang, and his firm Lang Financial Services, Inc.

ORHub Chairman and CEO Colton Melby spoke about the settlement and his vision for the Company, saying, “It is unfortunate that Mr. Lang and the Company had to engage in litigation to resolve their dispute, but it should in no way reflect on the work Mr. Lang performed for the Company during its developmental phase between June 2016 and June 2018. With this matter now firmly behind us, the board and management team will focus on executing on the Company’s near- and long-term objectives to realize the potential of our innovative perioperative dashboard product, Surgical Spotlight®, and to drive value for our shareholders.”

Mr. Lang stated, “I am pleased to have reached an amicable settlement with the Company. Having this contract dispute behind us will allow management to focus on executing its business plan and growing the underlying business without the distraction of litigation. As an investor and shareholder, I fully support the management team of ORHub in those efforts.”

About ORHub, Inc.

ORHub is a growth stage data analytics company on a mission to optimize the Business of Surgery through lean process improvement. As a Microsoft Silver Partner, ORHub leverages the Azure cloud to help customers unlock the power in their data captured in the OR. Surgical Spotlight® helps providers harness that data, identify millions of dollars in opportunities, and get leaders back to their primary focus: improving care, increasing patient access and reducing costs. A first-of-kind team building tool brings all stakeholders together with regular and accessible information. ORHub specializes in business intelligence for the operating room, built by professionals from the operating room.

Industry Statistics: The U.S. market continues to grow, with over 5,500 hospitals and 6,100 ambulatory surgery centers (ASCs) performing over 50 million medical procedures annually. According to MarketsandMarkets, the global healthcare analytics market will approach $50 billion by 2024 with a 5-year Compound Annual Growth Rate (“CAGR”) of 28.3% from 2019.

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