Jack Nathan’s Long Term Care Technology, Writi, Signs up 15 New LTCs With Over 1650 Resident Beds
2021年5月3日 - 8:00PM
ビジネスワイヤ（英語）
- Writi to double its LTC footprint and roll out new version
2.0
Jack Nathan Medical Corp. (TSXV: JNH, OTCQB: JNHMF)
(“Jack Nathan Health” “JNH'' or the “Company”) announced that its
wholly-owned subsidiary, Writi Inc. (“Writi”), has secured the
software installation for 15 new Long-Term Care (LTC) homes,
representing over 1650 beds. This integration, when complete, will
double the number of LTCs using the Writi platform and increase its
recurring revenue install base to a total of 30 LTCs and over 3200
beds in Ontario.
These new integrations will be driven by Writi v2.0 which
delivers enhancements to speed and efficiency, across all modules,
secure group conferencing video calling between Healthcare entities
and a new and improved mobile app.
“These new integrations and expanding footprint are a reflection
of the value that Writi’s Virtual Healthcare platform brings to
LTCs in terms of improved communication and documentation,” said
Chief Executive Officer of Jack Nathan Health, George Barakat.
“With Writi, we will continue to leverage JNH’s clinical expertise
and parlay our technology roadmap with Writi’s superior LTC
solutions to drive new opportunities and create recurring and
sustainable revenue growth.”
Writi’s SaaS-based Virtual Healthcare platform facilitates
secure communication and documentation of resident care for LTCs
and is available on both desktop and mobile devices. The
cloud-based medication management software platform supports the
secure digital communication, record maintenance and workflow of
resident-related orders and documentation. The platform includes
telehealth, e-prescribe, e-billing, electronic order-processing,
patient charting and integrates with Electronic Medical Records
(“EMRs”). Writi’s Virtual Healthcare platform is integrated with
PointClickCare, Telus Health (Kroll™ Pharmacy Management Solution)
and MED e-care.
With Writi’s Virtual Healthcare platform, information flows
seamlessly into a patient’s health record and is securely
accessible by local and remote healthcare partners; it reduces
prescribing time by 20% and nursing order-processing time by 43%,
drastically reducing the administrative burden on practitioners and
allowing more patient care time.
Canada’s LTC system is strained by overcrowding and limited
resources. Today, people over 65 make up 17% of the Canadian
population and 44% of healthcare costs. There are over 700 LTC
homes and over 1,000 senior care homes in Ontario alone. By 2036 a
quarter of Canadians will be over 65 putting additional pressure on
the entire Canadian healthcare system.(1)
To learn more about Writi, please visit writi.ca or watch a
short video on the Writi Solution.
(1)
https://www150.statcan.gc.ca/n1/pub/11-402-x/2012000/chap/seniors-aines/seniors-aines-eng.htm
About Jack Nathan Medical Corp.
Jack Nathan Medical Corp., operating as Jack Nathan Health®, is
one of Canada’s largest healthcare networks. Jack Nathan Health® is
an innovative healthcare company that is improving access for
millions of patients by co-locating physician and ancillary medical
services conveniently located inside Walmart® stores.
Jack Nathan Health® provides an exceptional level of patient
care, made possible through patient-centric physicians, a variety
of medical services, technology, and programs, designed to put
patients first. Our mission is to provide everyone access to the
finest quality retail medical centres, with both in-clinic
physicians and digital telemedicine, so you and your loved ones can
“Live Your Best Life”.
Jack Nathan Health® was established in 2006 and continues to
expand its international footprint, delivering exceptional,
state-of-the-art, turn-key medical centres in 76 Walmart locations
across Canada including British Columbia, Alberta, Saskatchewan,
Manitoba, Ontario, and Quebec, as well as 18 locations operating in
Mexico and 50 new locations opening in 2021.
For more information, visit www.jacknathanhealth.com or
www.sedar.com.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Certain statements contained in this press release constitute
"forward-looking information" as such term is defined in applicable
Canadian securities legislation. The words "may", "would", "could",
"should", "potential", "will", "seek", "intend", "plan",
"anticipate", "believe", "estimate", "expect" and similar
expressions as they relate to Jack Nathan are intended to identify
forward-looking information. All statements other than statements
of historical fact may be forward-looking information. Such
statements reflect the Company's current views and intentions with
respect to future events, and current information available to
them, and are subject to certain risks, uncertainties, and
assumptions Many factors could cause the actual results,
performance or achievements that may be expressed or implied by
such forward-looking information to vary from those described
herein should one or more of these risks or uncertainties
materialize. Such factors include but are not limited to: changes
in economic conditions or financial markets; increases in costs;
litigation; legislative and other judicial, regulatory, political
and competitive developments; the economic and business impact of
COVID-19 and operational difficulties. This list is not exhaustive
of the factors that may affect forward-looking information. These
and other factors should be considered carefully, and readers
should not place undue reliance on such forward-looking
information. Should any factor affect the Company in an unexpected
manner, or should assumptions underlying the forward-looking
information prove incorrect, the actual results or events may
differ materially from the results or events predicted. Any such
forward-looking information is expressly qualified in its entirety
by this cautionary statement. Moreover, the Company does not assume
responsibility for the accuracy or completeness of such
forward-looking information. The forward-looking information
included in this press release is made as of the date of this press
release and the Company undertakes no obligation to publicly update
or revise any forward-looking information, other than as required
by applicable law.
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version on businesswire.com: https://www.businesswire.com/news/home/20210503005297/en/
IR: Prit Singh, Thesis Capital psingh@thesiscapital.ca
David Berman, CFO, david.berman@jacknathanhealth.com
Media: Crystal Quast, Bullseye Corporate
quast@bullseyecorporate.com
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