TORONTO, May 01, 2024 (GLOBE NEWSWIRE) — VitalHub Corp. (the “Company” or “VitalHub”) (TSX:VHI) (OTCQX:VHIBF) is pleased to announce significant organizational changes to further strengthen its leadership team as it prepares for accelerated growth and enhanced operational efficiency. The Company has promoted Patrick Mazza to Chief Operating Officer and Niels Tofting to Executive Vice President, Managing Director of North American Operations.
Leadership Enhancements to Support Strategic Goals
Patrick Mazza, who joined VitalHub in June 2022 as EVP of Performance and Operations, has been appointed as the new Chief Operating Officer. With more than 25 years dedicated to enhancing business operations and customer experience, Patrick will now lead and scale the Company’s growth and global business operations. His extensive background in integration of acquired businesses will be instrumental as VitalHub continues to expand its reach and capabilities.
Patrick commented on his new position, “I am very excited to take on this new role as COO at VitalHub and to continue helping the team bring the Company’s vision of organic growth via opportunities within our product suite and pursuing mergers and acquisitions within our technology space.”
Niels Tofting, previously Executive Vice President of Sales & Marketing, will now lead VitalHub’s North American Operations as Managing Director. In his new role, Niels will oversee the optimization of operational performance and support the Company’s growth both organically and through mergers and acquisitions. Niels has been a pivotal member of the VitalHub leadership team since November 2017, bringing over 25 years of executive experience across various technology sectors.
Niels stated, “VitalHub has always been an organization that’s focused on continuous improvement. This philosophy permeates our global team culture and the way in which we manage our customers. I am honored to be in a role that will allow me to continue to contribute positively to the success of our employees, customers, and shareholders.”
Dan Matlow, CEO of VitalHub, remarked on the promotions, “These strategic leadership appointments are a key part of our growth strategy. Patrick and Niels’deep industry knowledge and proven track records are exactly what VitalHub needs as we move into our next phase of expansion. Their expertise will be invaluable in driving our mission to deliver innovative and effective healthcare solutions globally.”
About VitalHub Corporation
Software for Health and Human Services providers designed to simplify the user experience and optimize outcomes.
VitalHub Corp. (the “Company” or “VitalHub”) provides technology to Health and Human Services providers including Hospitals, Regional Health Authorities, Mental Health, Long Term Care, Home Health, Community and Social Services. VitalHub solutions span the categories of Electronic Health Record (EHR), Case Management, Care Coordination & Optimization, and Patient Flow & Operational Visibility solutions.
The Company has a robust two-pronged growth strategy, targeting organic growth opportunities within its product suite, and pursuing an aggressive merger and acquisition (“M&A”) plan. Currently VitalHub serves more than 1,000 clients across Canada, USA, UK, Australia, the Middle East, and Europe.
VitalHub is based in Toronto, Canada, with an offshore development hub in Sri Lanka. The VitalHub team comprises more than 400 team members globally. The Company is publicly traded on the Toronto Stock Exchange (TSX) under the symbol “VHI” and on the OTC Markets OTCQX Exchange under the symbol “VHIBF”
CONTACT INFORMATION
VitalHub Corp.
Dan Matlow
Chief Executive Officer, Director
(416) 727-9061
[email protected]
CAUTIONARY STATEMENT
This press release includes forward-looking statements regarding the Corporation and its business, which may include, but is not limited to, statements with respect to the appointment of a new directors. Often, but not always, forward-looking statements can be identified by the use of words such as “plans”, “is expected”, “expects”, “scheduled”, “intends”, “contemplates”, “anticipates”, “believes”, “proposes” or variations (including negative variations) of such words and phrases, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Such statements are based on the current expectations of the management of each entity and are based on assumptions and subject to risks and uncertainties. Although the management of each entity believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. The forward-looking events and circumstances discussed in this release, may not occur by certain specified dates or at all and could differ materially as a result of known and unknown risk factors and uncertainties affecting the companies, including risks regarding the technology industry, failure to obtain regulatory or shareholder approvals, market conditions, economic factors, the equity markets generally and risks associated with growth and competition. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and the Corporation undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
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