NetworkNewsBreaks – ORHub, Inc. (ORHB) Announces
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Health care software-as-a-service company ORHub, Inc. (OTC: ORHB) today announced the planned launch of its new service module for hip and knee surgical procedures, which is scheduled to take place in July 2017. “The launch of this new module follows the successful launch of our spine module, which for the past eight months has been in continuous use in two nationally recognized hospitals, achieving overwhelming success,” Colt Melby, CEO of ORHub, stated in the news release. “Our hips and knees module is the second of many on our technical road map that will allow us to exponentially grow our addressable market and take advantage of the resulting opportunities.” Following its impending launch, ORHub’s hip and knee module will be positioned to address a sizable and growing market. Per data from the Agency for Healthcare Research and Quality, more than 300,000 total hip replacements and 600,000 knee replacements are performed annually in the United States, and this figure is expected to expand by more than 13 percent per year for the next five years.
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