Growth attributed to increased demand from long-term care homes in Ontario

TORONTO, August 4, 2021  – Think Research Corporation (TSXV: THNK), a company focused on transforming healthcare through digital health software solutions, today announced that utilization for its leading seniors care decision support tools has increased 266 per cent quarter-over-quarter between the first and second quarter of 2021.

This growth is attributed to increased demand from long-term care homes, and the deployment of additional tools with existing seniors care clients. This increase in adoption reflects the seniors care sector’s growing use of streamlined protocols and standardized best practices.

Think’s library of decision support tools are deployed in nearly 300 long-term care homes across the province, in partnership with Ontario’s Ministry of Long-Term Care. The tools help staff, including registered nurses, deliver standardized and evidence-based care rooted in the latest medical knowledge.

Think CEO Sachin Aggarwal said “Delivering the best care to seniors is incredibly important as Canada’s population ages and life expectancy increases. Residents in long-term care homes often have complex health issues that require ongoing care, and we believe in supporting healthcare providers with the most easy-to-use, evidence-based tools that can help them do their jobs as effectively as possible.

“The significant increase in demand for our tools shows just how vital they are, and we expect to continue to deploy our software solutions in even more facilities as we grow our global footprint.”

Think is continuously updating its seniors care decision support tools to reflect the newest medical data, which in turn, allows care providers to deliver the highest quality of care. More than 90 per cent of users said Think’s library of seniors decision support tools improves their ability to provide evidence-based care, according to a recent survey conducted by the Company. What’s more, 82 per cent of clinicians said the tools benefited their overall practice as a nurse.

For more information:
https://www.thinkresearch.com/ca/products/seniors-care-clinical-support-tools/

About Think Research Corporation
Think Research is an industry leader in delivering knowledge-based digital health software solutions. The Company’s focused mission is to organize the world’s health knowledge so everyone gets the best care. Its evidence-based healthcare technology solutions support the clinical decision-making process, standardize care, and improve patient outcomes. For over a decade, Think Research’s cloud-based, EMR-agnostic digital tools have empowered clinicians around the world and positively impacted millions of patients across the continuum of care – including primary physician care, acute care hospitals and surgical suites as well as community and seniors care. Think Research is proud to serve as a trusted health system partner to a rapidly growing, global client base that spans five continents and more than 2,800 healthcare facilities.

For further information: Mark Sakamoto, EVP, Think Research, Direct: 647-691-6031, mark.sakamoto@thinkresearch.com