VitalHub announces agreement to acquire HI Next
January 10, 2018
TORONTO – VitalHub announced an agreement to acquire HI Next for $6.6 million in cash and shares. HI Next offers a suite of peer reviewed tools to identify and address the full range of behavioral, medical, and social problems affecting the seriously mentally ill. Providers can document, share, and collaborate patient results, care plans, and progress notes with peer providers in real-time.
HI Next owns TREAT, a Web-based EHR and care coordination platform built for healthcare providers. TREAT’s integrated solutions are tailored to many sectors of care, including behavioral and mental health, community, and more. With over 100 clinical assessment tools, coordinated care planning, progress notes, practice management and an easy-to-use design, TREAT provides a complete system that helps healthcare providers to improve overall patient care.
Currently more than 80 organizations across North America benefit from using TREAT’s integrated healthcare solutions every day.
On closing of the acquisition, Mr. Peter Catford (pictured), principal of HI Next, is to join VitalHub’s management as Chief Strategist.
VitalHub delivers an innovative platform for the creation of mobile health applications that increase productivity within healthcare settings. The VitalHub platform provides the ability to integrate existing individual healthcare applications while maintaining the control, security and privacy essential in healthcare.
VitalHub’s applications are focused on the fast-growing mental health and long-term care markets, and the company plans to strategically acquire and grow business in these areas. Currently over 50 healthcare institutions across Canada use products from VitalHub and its subsidiaries.