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CloudMD Suite of Services Now Available to Canadian Hospitals through Mohawk Medbuy
Tuesday, May 2, 2023Company Profile | Follow Company
Victoria, BC, May 2, 2023--(T-Net)--CloudMD Software & Services Inc. (TSXV: DOC), a health services company transforming the delivery of care, announced a new vendor of record agreement for Employee & Family Assistance Program ("EFAP"), Internet based Cognitive Therapy ("iCBT"), Mental Health Coach, and Nurse Navigation Services provided through Kii.
The non-exclusive agreement is with Mohawk Medbuy Corporation (MMC), a not-for-profit, shared services organization supporting hundreds of Canadian hospitals with supply chain, clinical and back office services.
Concurrent with the vendor of record agreement, CloudMD says it has signed a multi-year contract with its first hospital customer.
Karen Adams, President and CEO, Global Head, Enterprise Health Solutions, CloudMD
"Hospitals across North America are dealing with significant levels of employee burnout and need additional mental and EFAP support," said Karen Adams, CEO of CloudMD. "Through this new Mohawk Medbuy contract, a significant number of Canadian hospitals now have access to the benefits of CloudMD."
The agreement was established on behalf of MMC's Member hospitals through the organization's proven procurement process, which fully complies with Broader Public Sector directives, CFTA and CETA to ensure fairness, openness and transparency.
"Health care workers have tough jobs at the best of times, even more so in recent years. The physical and emotional toll continues to challenge them and their families, layered on with increasing staff shortages and waitlists. CloudMD's nurse navigation integrated with our suite of mental health and EFAP services creates an easy to use platform that delivers meaningful results for our partners and their employees," said Colin Andersen, Executive VP, Public Sector of CloudMD.
The contract also allows for the option of additional CloudMD services such as medical second opinion, absence management, short-term disability management, workers compensation claims management and employment assessments and evaluations.
About CloudMD Software & Services
CloudMD is an innovative North American healthcare service provider focused on empowering healthier living by combining leading edge technology with an exceptional national network of healthcare professionals. Every day, our employees and health care providers live our values of delivering excellence, collaboration, connected communication and accountability to solve complex health problems.
CloudMD' s industry leading workplace health and wellbeing solution, Kii, supports members and their families with a personalized and connected healthcare experience across mental, physical and occupation health.
Kii delivers superior clinical health outcomes, consistent high engagement, and measurable ROI for payers such as employers, educational institutions, associations, government, and insurers. CloudMD is also a market leader in workplace absence management through data-driven prevention, intervention and return to work programs.
In addition, the Company sells health and productivity tools to hospitals, clinics, and other healthcare service providers to empower them to deliver better care. Visit www.cloudmd.ca to learn more about the Company's comprehensive healthcare offerings.
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 press release contains "forward-looking statements" and "forward-looking information" within the meaning of Canadian securities laws. Forward-looking statements in this press release include, but are not limited to, statements with respect to the impact and benefits of the transaction, the mailing of the information circular, anticipated timing for completion of the transaction and receiving the required regulatory, court and shareholder approvals. [ MORE ] |
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