ORHub signed an agreement with an ASC in Arkansas.
Here's what you should know:
1. The agreement is the healthcare data analytics company's first in Arkansas.
2. ORHub's Surgical Spotlight platform is designed to improve surgery centers' financial management by linking operating room efficiency metrics to real-time cost data for materials and labor.
3. ORHub CEO Colt Melby said in a statement, "The early market orders discussed in 2018 are now converting into new billings. It is evident that the pay-per-use business model resonates with various healthcare facilities and provides ORHub with recurring revenue opportunities while generating a high level of return on investment for our clients."