CloudMD Software & Services Inc. (TSXV: DOC, OTCQX: DOCRF, Frankfurt: 6PH) (the “Company” or “CloudMD”), an innovative health services company transforming the delivery of care, today announced that it will be at the AFHTO Conference sharing positive outcomes from CloudMD providing multi-modal mental health support directly to Ontario residents and via a referral partnership with Family Health Teams across Ontario. The presentation will include results from a CloudMD Therapist-Assisted Internet-Delivered Cognitive Behavioural Therapy (MindBeacon) program (“TAiCBT”), which was offered to Ontario residents as part of the government’s pandemic response. 

Demand for mental health support services continues to grow exponentially, resulting in long waitlists for individuals to access critical mental health support services. To meet these demands, between January 2023 and March 2023, FHTs from across Ontario engaged in a partnership with CloudMD to provide therapist-assisted Internet-delivered Cognitive Behavioural Therapy (TAiCBT) and Virtual (“face-to-face”) Therapy. The innovative partnership creates a healthcare ecosystem that is efficient, accessible, and responsive to the ever-evolving needs of the community healthcare sector and Ontario patients.

“We are delighted to be at the AFHTO conference sharing some of the positive patient mental health outcomes resulting from our public-private partnerships,” said Karen Adams, CEO of CloudMD. “A core tenet of our approach to providing holistic healthcare solutions is to ensure that they are patient-centric and deliver measurable positive outcomes that recognize the strong relationship between physical and mental health. The results show mental health solutions that provide anytime/anywhere access produce demonstrable positive outcomes. Over the course of our COVID program study, 90 percent of patients engaged with therapy outside traditional office hours, and 60 percent of patients with clinically severe depression symptoms experienced reliable symptom improvement. We are especially proud to note that this was accomplished with lower wait times (days instead of weeks or months), increased access for underserved communities, and reduced costs compared to traditional Cognitive Behavior Therapy programs.”

Attendees of the AFHTO Conference are invited to visit Poster Board #14 to learn about how they could leverage this game-changing program to provide easy-to-access, high-quality mental health support to their patients.

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 healthcare 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 occupational health. Kii delivers superior clinical health outcomes, consistent high engagement, and measurable ROI for payers such as employers, educational institutions, associations, governments, 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.

“Karen Adams”

Chief Executive Officer

FOR ADDITIONAL INFORMATION, CONTACT:

Investor Relations

Investors@cloudmd.ca 

1-647-484-1405

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. 

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