- WELL Health is renaming KAI Innovations as WELL EMR Group and
consolidating all of its OSCAR1 assets in this
subsidiary to create one clear national brand
- WELL EMR Group and the McMaster
University Department of Family Medicine are pleased to
introduce OSCAR McMaster Professional Edition as a national,
enterprise grade EMR solution to serve clinicians and patients
across the spectrum of health services
- WELL EMR Group (formerly KAI Innovations) has certified OSCAR
McMaster Professional Edition through OntarioMD's EMR Certification
Program enabling the Company to become the standalone leader in the
open-source EMR landscape
VANCOUVER, Sept. 30, 2019 /CNW/ - WELL Health Technologies
Corp. (TSX.V: WELL) (the "Company" or "WELL"), a
company focused on consolidating and modernizing clinical and
digital assets within the primary healthcare sector, is pleased to
announce the formation of WELL EMR Group. The WELL EMR Group
will be the Company's single entity encompassing its EMR assets to
offer physicians across the country one place to go for all of
their EMR needs.
"One of the key missions we had when entering healthcare was to
break down the siloed approach that has hindered the ability for
care to be delivered efficiently," said Hamed Shahbazi, CEO of WELL Health. "By
introducing a single nationwide group for our EMR initiatives, we
want to elevate our efforts to drive enhanced innovation and
security for doctors on our platform without the constraints of
managing multiple regional brands, teams and code bases." The
newly formed group will immediately include WELL's existing OSCAR
assets of KAI Innovations, NerdEMR, OSCARprn, as well as any other
acquisitions the Company closes, such as the recently announced
proposed acquisition of OSCARwest. "Our focus with this approach
will be to continue to consolidate and defragment healthcare IT
challenges" said Mr. Shahbazi.
WELL is also very pleased to announce that its WELL EMR Group is
collaborating with McMaster
University's Department of Family Medicine to launch
OSCAR McMaster Professional Edition. Building on
McMaster's leadership and innovation
that, with the OSCAR community, has made OSCAR a leading EMR brand
in Canada, WELL EMR Group brings
enhanced capacity for innovation, interoperability and enterprise
scale. OSCAR McMaster Professional Edition brings these combined
strengths together in one, national open-source EMR software that
clinicians and patients can count on for the highest levels of
security, ethical data stewardship, innovation and responsiveness.
Its introduction marks the first step in the change in the OSCAR
community's approach to certification in Ontario announced last week.
"Through this collaboration with the WELL EMR Group, we have the
potential to realize an unprecedented level of integration,
innovation and national impact through digital health," said Dr.
David Price, Chair of McMaster's Department of Family Medicine. "We share
WELL's commitment to enabling better health in collaboration with
clinicians, patients, governments, academic institutions and
industry. This is only the beginning of what we can do together,
and it aligns perfectly with McMaster's
vision for a brighter world."
OSCAR McMaster Professional Edition Version 1 has been certified
by OntarioMD's EMR Certification Program. OntarioMD's EMR
Certification ensures a minimum set of expectations are met and
maintained as a prerequisite for EMR platforms to connect with
Ontario's provincial digital
health assets. This will also enable WELL to continue to work
on key provincial initiatives and Proof of Concept projects with
OntarioMD and its service delivery partners.
"It is a very exciting opportunity for all of us at WELL to play
a role in the bigger picture of healthcare," said Arjun Kumar, CIO of WELL Health who leads WELL
EMR Group. "Our key focus has always been to enable better patient
outcomes, and innovation plays a key role in achieving this
goal."
1.
|
OSCAR is an acronym
that stands for "Open Source Clinical Application Resource", and
was originally developed by McMaster University.
|
WELL HEALTH TECHNOLOGIES CORP.
Per:
"Hamed
Shahbazi"
Hamed Shahbazi
Chief Executive Officer, Chairman and Director
About WELL
WELL is a unique company that operates Primary Healthcare
Facilities as well as a significant EMR or Electronic Medical
Records business that supports the digitization of such
clinics. WELL currently owns and operates 19 primary health
medical clinics and provides EMR software and service to
approximately 856 medical clinics across Canada. WELL's overarching objective is to
empower doctors to provide the best and most advanced care possible
leveraging the latest trends in digital health. WELL is
publicly traded on the TSX Venture Exchange under the symbol
WELL.V. WELL was recognized as a TSX Venture 50 Company in
2018 and 2019.
About McMaster University and its
Department of Family Medicine
McMaster University is committed to
creating a brighter world through its teaching, research and
community engagement that enhances societal health and well-being.
Through its Department of Family Medicine, in collaboration
with the OSCAR community, McMaster's
leadership in OSCAR's continuing evolution is contributing to that
brighter world as it enables improved health and health system
outcomes at home and around the world.
Forward-Looking Statements
This news release may contain "forward-looking statements"
within the meaning of applicable Canadian securities laws,
including, without limitation: the goal to drive innovation and
security for doctors; the proposed acquisition of OSCARwest; the
intent to consolidate and defragment healthcare IT challenges; the
intent for OSCAR McMaster Professional Edition to be for clinicians
and patients as a service they can use for the highest levels of
security, ethical data stewardship, innovation and responsiveness;
the intent to focus on better patient outcomes; and to realize an
unprecedented level of integration, innovation and national impact
through digital health. Forward-looking statements are necessarily
based upon a number of estimates and assumptions that, while
considered reasonable by management, are inherently subject to
significant business, economic and competitive uncertainties, and
contingencies. These statements generally can be identified by the
use of forward-looking words such as "may", "should", "will",
"could", "intend", "estimate", "plan", "anticipate", "expect",
"believe" or "continue", or the negative thereof or similar
variations. Forward-looking statements involve known and unknown
risks, uncertainties and other factors that may cause future
results, performance or achievements to be materially different
from the estimated future results, performance or achievements
expressed or implied by those forward-looking statements and the
forward-looking statements are not guarantees of future
performance. WELL's statements expressed or implied by these
forward-looking statements are subject to a number of risks,
uncertainties, and conditions, many of which are outside of WELL 's
control, and undue reliance should not be placed on such
statements. Forward-looking statements are qualified in their
entirety by the inherent risks and uncertainties, including: that
WELL's assumptions in making forward-looking statements may prove
to be incorrect; adverse market conditions; risks inherent in the
primary healthcare sector in general, including changes in the
legislation and regulation thereof; the ability to secure
additional financing as and when required on favorable terms; that
future results may vary from historical results; and that market
competition may affect the business, results and the financial
condition of WELL. Except as required by securities law, WELL does
not assume any obligation to update or revise any forward-looking
statements, whether as a result of new information, events or
otherwise.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
SOURCE WELL Health Technologies Corp.