ORHub, Inc. a Microsoft Silver Partner and cloud-based healthcare analytics company focused on the business of surgery, who’s medical advisory board consist of alumni from Harvard, Yale, Berkeley, Stanford and Yale, have practiced at Hoad Medical Institute and now advise on Orhubs software applications that 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, this is how hospitals and surgeons can make real-time, data driven decisions to improve business profitability and the quality of patient care.
Colt Melby, Chairman & CEO of ORHub said, Our founder, who is a physician himself, was inspired by technology to transform OR economics when he witnessed how burdened his care team was with manual and disparate processes after each procedure which ultimately took time away from caring for patients. He then sought to analyze and automate resource allocation for his procedures, which required numerous steps to account for data registration and information cataloguing at the point of care across the surgical continuum.
At that point, he collaborated with Microsoft to develop a cloud-based solution on their HIPAA compliant Azure platform to bring state-of-the-art technology into the operating room and that is how ORHub was born, an advanced digital software company focused on helping to improve the bottom line and overall cost-effectiveness of hospitals, which has announces that it has signed a five-year revenue agreement with a nationally recognized institution listed among the country's "Top 100 Hospitals in November 2017.
After extensive conversations, Timo Strattner & Larry Woghiren, founders of award winning proprietary investment firm Eliseo Partners signed a deal with Colt Melby, ORHub CEO and on December 19, 2016, ORHub Inc issued 3,707,305 shares of common stock upon the exercise of common stock purchase warrants to Eliseo Partners (Asia) Limited (“Eliseo”). Eliseo accepted a 15% per annum interest bearing promissory note as full payment. During the year ended June 30, 2017, Eliseo made principal payments of $188,138 on the Eliseo Note to ORHub Inc. Eliseo Partners is an award winning leading proprietary investment firm. The Firm provides primary lending to companies with an opportunistic outlook. Broad research expertise allows them to swiftly assess credit risk, identify hidden value and structure suitable financing across a wide spectrum of industries, geographies and company sizes.
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