Jack Nathan’s Long Term Care Technology, Writi, Signs up 15 New LTCs With Over 1650 Resident Beds

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⁾