NEWPORT BEACH, Calif., Oct. 2, 2018 /PRNewswire/ -- ORHub, Inc. (OTCQB: ORHB) (the "Company" or "ORHub"), a HIPAA compliant, physician-driven digital software company focused on improving profitability and the cost effectiveness of hospitals through real-time smart data and analytics, today announces the launch of VendorPayTM, the second of a series of software modules to enhance the hospital and vendor relationship to improve profitability.
VendorPayTM is an automated and cloud-based payment and communication portal that leverages innovation to disrupt outdated processes and reduce current Case-to-CashTM time periods at the point-of-care. This application interacts on the back-end of the Company's previously announced VendorHubTM module that can now integrate with hospital master billing systems to streamline procurement reconciliation with accuracy which results in reduced transaction time and improved revenue cycles. VendorPayTM is easy to install on any web-enabled device and integrates well with legacy Electronic Health Records (EHR) systems.
"We pride ourselves on understanding the business of surgery and providing a combination of innovative software that drive real solutions such as VendorPayTM," stated Colt Melby, Chief Executive Officer of ORHub. "For many complex health systems, upgrading and integrating legacy systems is a daunting task. It's vital they have the right technology partner to solve inherent problems to create a new generation of business intelligence."
About ORHub, Inc.
ORHub, born from the Microsoft for Start-Ups program, is an advanced surgical software provider focused on Revolutionizing the Business of SurgeryTM through the foundation of electronic data capture at the point-of- surgical care to improve workflow, simplify work processes and access real-time data intelligence. The Company's suite of products serves the needs of the health care industry including providers, patients, the government and the medical device vendors. 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.
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:
https://customers.microsoft.com/en-us/story/hoi-health-azure
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
[email protected]
714-228-5667
Media Relations:
Cathy Loos, Senior Media Relations Specialist
[email protected]
347-334-4135
SOURCE ORHub, Inc.
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article