ORHub Announces Appointment of Interim Chief Financial Officer
NEWPORT BEACH, Calif., July 3, 2018 /PRNewswire/ -- ORHub, Inc. (OTC:ORHB) (the "Company"), a HIPAA compliant, physician-driven digital software company focused on improving profitability and the cost effectiveness of hospitals through real-time smart data analytics, today announces that ORHub has appointed Barney Monte as the Company's Interim Chief Financial Officer, effective July 1, 2018.
"I am pleased to be working with Barney as ORHub's Interim Chief Financial Officer," said Chairman and Chief Executive Officer Colt Melby. "Barney brings broad and proven capital markets, mergers and acquisitions and public company executive expertise to ORHub. We look forward to utilizing his experience as we accelerate our going-to-market strategies and advance our plans to uplist to the OTCQB. I am confident that Barney will play a critical role in helping us execute our growth vision for ORHub in the near term. At this time, we would like to thank Lanny Lang for his service as the former Chief Financial Officer."
"ORHub has immense potential to generate meaningful economic benefits for providers and physicians by utilizing the latest breakthrough smart technology to capture real-time data at the point of surgical care," said Barney Monte. "I am delighted to be a part of such an innovative platform with numerous growth opportunities to favorably impact a complex and burdened healthcare system."
Mr. Monte has over 20 years of experience in the financial services industry where he has held senior level positions within investment banking and private equity as well as publicly-traded companies. Mr. Monte co-founded Ozado Partners LLC, a direct investment and merchant banking business, where he was responsible for sourcing, structuring and negotiating investment opportunities across various industries. Prior to co-founding Ozado Partners, Mr. Monte's senior-level investment banking positions included head of International and Asia investment banking for a middle market focused U.S. based broker-dealer most recently with Ladenburg Thalmann. Over his tenure, Mr. Monte has acted as a principal and agent in assisting companies raise private capital, IPOs, secondary offerings, debt offerings and M&A advisory services where he has invested, raised or advised on over $10.0 billion worth of transactions.
Mr. Monte graduated from Skidmore College with a Bachelor of Science in Business Administration with a concentration in Finance.
About ORHub, Inc.
ORHub is an advanced surgical software provider focused on real-time surgical data analytics. The Company's suite of products serves the needs of the health care industry, hospital, patient, government and the medical device vendor. 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. ORHub's software applications allow hospitals and medical device vendors to utilize any web-enabled device to create an anatomical graphic depiction of exactly what occurs during surgery. The application automatically translates the resulting schematic into an intelligent, electronic operative report that links every detail of surgery, including implant location, surgical techniques, product usage, and all clinical parameters to create a dynamically new source of comparative information.
As a result, 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 under- standing 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 Phoenix, Arizona; Newport Beach, California; Bellevue, Washington; and Jacksonville, Florida.
For more information, visit www.ORHub.com
To view a previously released Microsoft Case Study on HOI and ORHub visit:
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.
Jason Brown, Shareholder Communications
844.545.4508 x 405
Cathy Loos, Senior Media Relations Specialist
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SOURCE ORHub, Inc.