CloudMD Software & Services Inc. (TSXV: DOC, OTCQX: DOCRF,
Frankfurt: 6PH) (“
CloudMD” or the
“
Company”), a healthcare technology and innovative
health services company transforming the delivery of care, is
excited to announce the launch of
Kii
Personalized & Connected Care by
CloudMD, the new brand identity for its integrated, health
services offering. Kii, is the company’s flagship offering which
integrates several of its best-in-class technologies and services
into one exceptional, connected, and personalized experience for
employees that will continue to disrupt the traditional employer
healthcare industry. Kii is focused on personalizing care by taking
a whole-person approach with an emphasis on continuity of care
across mental, physical and workplace safety.
Over the last 6 months, the CloudMD team has
been working to develop the new Kii brand identity and positioning
for its integrated platform, which has already seen successful
adoption in the marketplace. The new Kii brand reflects a brand
purpose of empowering individuals to take control of their health
and plays off the word “key” ie. “Holding the key to your health”.
The essence of the brand is meant to embody caring, the whole body,
trust, and connectivity. The Kii brand promise is to provide
connected care, which is the key enabler to an individual’s health
and wellbeing and ability to thrive.
Karen Adams, Interim CEO and President
of CloudMD commented, “We are thrilled to launch Kii, a
transformation program that enables access to personalized care for
mental and physical health issues across an individual’s life
journey. Kii brings together what we have known as transactional
service approaches that lead to disconnected and fragmented
experiences. With the connected and outcome focused approach of
Kii, the program drives accountability for behaviour change
resulting in better return on investment and clinical health
outcomes. Kii addresses the barriers to care by efficiently
supporting access through multiple modalities designed to meet the
individual’s specific needs. Kii supports individuals who require
mental and physical health treatment plans but also demonstrates
strong, positive return to work outcomes for people experience
absence support or disability services.”
Karen Adams continued, “We
intend to build long standing relationships with the individuals
and will continuously support and encourage them to actively engage
in their treatment. We believe Kii is the solution that individuals
and organizations will come to depend on for the full spectrum of
mental and physical health needs. They can depend on CloudMD to
focus on the personalized health needs of individuals resulting in
better health outcomes for the individual and improved ROI for the
company.”
Over the past few years, thousands of individual
employers and organizations have switched from transactional
providers to CloudMD across its suite of services. Employers,
advisors, insurers and employees have provided consistent feedback
that they are frustrated with the services they receive, and face
long wait times and too many barriers in accessing high-quality
care. This is magnified when a user is forced into digital-only
experiences without phone access or in-person options
available.
Kii differentiates itself in the market
through:
- Full spectrum of healthcare services and
features. Includes EFAP (employee and family assistance
program), mental health treatment including iCBT (internet based
cognitive behavioral therapy), telemedicine, a trustworthy credible
health reference library, and employee-initiated workplace health
and safety services all accessed through one connected
program.
- Easy to use platform and interface. Will
provide one integrated solution that combines EFAP, mental health
coach, telemedicine, and workplace health, credible health
reference library and safety which eliminates multiple logins and
provides access to a dedicated healthcare team that shares one,
personalized healthcare record. User-friendly and inviting to
reduce stigma around asking for help.
- Entire experience is supported by a
nurse/clinician. From initial intake and assessment to
creating personalized care plans, to navigating options and
ensuring individuals stay on track, assigned nurse navigators are
there to support the entire journey back to health.
- One, centralized intake process. The nurses
and regulated health care professionals do a superior job at
assessing the person's issues and helping them navigate to the
right service or combination of services. Nurses can help assess
both physical and mental health issues, without forcing the
employee to go through multiple intake processes.
- Multiple modalities of care. Provides multiple
options of care including 365-day available support that work for
everyone including, virtual, instant messaging, telephonic, and in
person options This ensures the right care, when and how
individuals want it.
- Significant network of healthcare
professionals: Roster includes a significant number of
regulated health care practitioners including but not limited to
psychologists, psychotherapists, MSWs, psychiatrists, nurses, nurse
practitioners and doctors. Includes subject matter expertise in
occupational health and disability to treat complex and chronic
health conditions that drive disability costs.
- Ability to measure clinical health outcomes
Delivering superior clinical health outcomes, consistent high
satisfaction and measurable business ROI.
Kii Personalized
& Connected Care Video
To learn more about Kii, please watch this
short highlight video.
About CloudMD Software &
Services
CloudMD is transforming the delivery of
healthcare using technology and by providing a patient-centric
approach, with an emphasis on continuity of care. By leveraging
healthcare technology, the Company is building one, connected
platform that addresses all points of a patient’s healthcare
journey and provides better access to care and improved outcomes.
Through CloudMD’s proprietary technology, the Company delivers
quality healthcare through a holistic offering including hybrid
primary care clinics, specialist care, telemedicine, mental health
support, healthcare navigation, educational resources, and
artificial intelligence (AI). CloudMD’s business is separated into
three main divisions: Clinics and Pharmacies, Digital Solution and
Enterprise Health Solutions, the Company’s fastest growing
division. CloudMD’s Enterprise Health Solutions Division has built
a leading employer healthcare solution, including its Comprehensive
Integrated Health Services Platform, which offers one
comprehensive, digitally connected platform for educational
institutions, corporations, insurers, and advisors to better manage
the health and wellness of their students, employees, and
customers.
CloudMD currently services a direct ecosystem of
over 5,700 clinicians including, 1,800+ mental health
practitioners, 1,600+ allied health professionals, 1,400+ doctors
and nurses and covers 12 million individual lives across North
America. For more information
visit: https://investors.cloudmd.ca.
ON BEHALF OF THE BOARD OF DIRECTORS
“Karen Adams”Interim Chief Executive Officer & President
FOR ADDITIONAL INFORMATION CONTACT:
Julia Becker VP, Investor
Relationsjulia@cloudmd.ca(604)785-0850
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
FORWARD-LOOKING STATEMENTS
This news release contains “forward-looking
statements” and “forward-looking information” within the meaning of
Canadian securities laws. Forward-looking statements in this news
release include, but are not limited to, statements regarding the
Company’s plans and expectations with respect to the business; and
the impact of such plans. These statements are based upon
information currently available to CloudMD’s management. All
information that is not clearly historical in nature may constitute
forward‐looking statements. In some cases, forward‐looking
statements may be identified by the use of terms such as
“forecast”, “assumption” and other similar expressions or future or
conditional terms such as “anticipate”, “believe”, “could”,
“estimate”, “expect”, “intend”, “may”, “plan”, “predict”,
“project”, “will”, “would”, and “should”. Forward-looking
statements contained in this news release are based on certain
factors and assumptions made by management of CloudMD based on
their current expectations, estimates, projections, assumptions and
beliefs regarding their business and CloudMD does not provide any
assurance that actual results will meet management’s expectations.
While management considers these assumptions to be reasonable based
on information currently available to them, they may prove to be
incorrect. Such forward‐looking statements are not guarantees of
future events or performance and by their nature involve known and
unknown risks, uncertainties and other factors, including those
risks described in the Company’s MD&A and most recent Annual
Information Form (which are filed under the Company’s issuer
profile on SEDAR and can be accessed at www.sedar.com), that may
cause the actual results, performance or achievements to be
materially different from any future results, performance or
achievements expressed or implied by such forward‐looking
statements. Although CloudMD has attempted to identify important
factors that could cause actual actions, events or results to
differ materially from those described in forward‐looking
statements, other factors may cause actions, events or results to
be different than anticipated, estimated or intended. There can be
no assurance that such statements will prove to be accurate as
actual results and future events could vary or differ materially
from those anticipated in such forward‐looking statements.
Accordingly, readers should not place undue reliance on
forward‐looking information. CloudMD does not undertake to update
any forward-looking information, whether as a result of new
information or future events or otherwise, except as may be
required by applicable securities laws.
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