Business
HEALTHCARE INNOVATOR “ORHUB” AIMS TO ENTER THE FINTECH INDUSTRY
HEALTHCARE INNOVATOR “ORHUB” AIMS TO ENTER THE FINTECH INDUSTRY.
About this update from Orhub, Inc.
[{"type":"text","content":"ORHub’s new Surgical Resource Management (“SRM”) platform, FutureOR, facilitates faster Case-to-Cash payments to medical device and biological vendors.IRVINE, CA, July 21, 2022 – ORHub, Inc. (OTC Pink: ORHB) takes form as a medical fintech company, announcing the launch of “FutureOR”, its SRM platform, focused on enabling digital connectivity, faster vendor payments, and surgical implant accountability.The Company “intends to eliminate the deficiencies faced by hospitals and their vendors, replacing outdated documentation and legacy processes with ORHub’s uniform business automation and fast-pay software,” shared Founder, Executive Chairman & CEO, CJ Wiggins. “This software can reduce the Case-to-Cash timeline (hospital to vendor) by over 90% as well as bring real-world value to the FDA’s Unique Device Identifier (UDI) mandate for implant accountability.”“As we ready this powerful software for release, initial focus is on the ortho-spine surgical markets with a 12-month target of 200 hospitals,” continues Mr. Wiggins. “These facilities implant an estimated $2B+ in implanted ortho-spine devices and materials, providinga unique opportunity for our business model. Considering the scale of the deficiencies we aim to fix with our digital solution and financial instruments, along with the tightly concentrated customer base, I am confident in ORHub becoming a significant Fintech business.--------------About ORHub, Inc.ORHub, Inc. is headquartered in Irvine, California. The Company is a healthcare innovator and fintech company focused on payment processes, business logistics, and clinical solutions with digital and biological technologies. The Company utilizes Intelligent Automation and Cellular based technologies to Change Business for Good™ and is comprised of four segments: Surgical Resource Management (SRM), Digital Payments, Regenerative Therapeutics, and Artificial Intelligence: ORHub’s SRM platform, “FutureOR” uses digital technologies to replace dated vendor-centric documentation and processes. The platform enables digital connectivity, faster vendor payments, and implant accountability for all surgically implanted medical devices and biologic products. The Company’s Digital Payment focus is on software solutions which would allow b2b medical device & b...