ORHub Announces Signing of Cooperation Agreement with Alvarado Hospital Medical Center
NEWPORT BEACH, Calif., /PRNewswire/ -- ORHub, Inc. (OTCQB: ORHB) (the "Company" or "ORHub"), is a physician-driven digital software company focused on improving profitability and the cost effectiveness of hospitals through real-time smart data and analytics, today announces that ORHub has signed a cooperation agreement with Alvarado Hospital Medical Center.
Under the agreement, ORHub will provide a comprehensive user-engaged integration of its cloud-based software platform to capture real-time surgical data before, during and after surgery to identify efficiencies that will optimize surgical economics. Dr. Choll Kim, an expert in the field of computer-assisted minimally invasive spinal surgeries will lead the cooperation agreement. Alvarado Hospital Medical Center is a nationally acclaimed Orthopedic and Spine Hospital with a five-star ranking by the Centers for Medicare and Medicaid Services (CMS) and part of Prime Healthcare, which operates 45 hospitals across 14 states.
"We are extremely delighted to work with a leading orthopedic and spine hospital such as Alvarado Hospital Medical Center to feature ORHub's analytics platform. According to our internal estimates, over 100 million surgeries are conducted in the U.S. alone. It is our anticipation that the data intelligence that will result from this collaboration will yield meaningful economic results that can be easily shared and replicated across health systems," said Colt Melby, Chief Executive Officer of ORHub. "Alvarado Hospital deciding to implement the ORHub platform reflects the growing realization by hospitals for the need for viable technology solutions to drive performance and better deploy resources."
"This is exciting," says Robin Gomez, Chief Executive Officer of Alvarado. "Continually improving patient care is a central focus of Alvarado Hospital and of Prime Healthcare."
"In order for our hospital systems to contain cost inefficiencies, we need to look towards state-of-art-technology that can measure real-time impact as we conduct some of the most complex surgical cases," stated Dr. Choll Kim. "We pride ourselves at staying at the forefront of surgical innovation and anticipate that the analytics to come out of the ORHub implementation could serve as a benchmark to creating surgical centers of excellence."
About Alvarado Hospital Medical Center
About ORHub, Inc.
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.
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.
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SOURCE ORHub, Inc.
Company Codes: OTC-PINK:ORHB, OTC-QB:ORHB