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News Update


Telemedicine Platform Grows to More Than 100,000 Registered Users
News Update

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CloudMD attributed record weekly new user registrations to social distancing protocols and advised that it now has greater than 100,000 registered users on its telemedicine platforms.

In a news release, CloudMD Software & Services Inc. (DOC:CSE; DOCRF:OTCQB; 6PH:FSE) announced that it has now exceeded more than 100,000 registered combined users on its telemedicine platforms CloudMD and MyHealthAccess.

The firm noted that to-date "CloudMD has grown its platform of registered users organically and a large part of its customer acquisition has come from referrals from its network of doctors in Canada." The company advised that both platforms provide easy patient access to CloudMD doctors seven days per week and currently offer extended service hours.

The company reported that it has grown its platform by almost 10,000 app downloads since its February 2020 launch. The firm highlighted that over the past two weeks about 1,000 virtual doctor appointments were booked through the CloudMD platform and that during the last week, combined registration on both platforms increased 133% over the previous week.

CloudMD stated that with the recent COVID-19 pandemic it offers Canadians an alternative to in-person visits to medical offices and clinics and that patients who download the CloudMD app are able to schedule same day appointments online using their phone, tablet or computer to connect directly with licensed physicians from the comfort and safety of their own home.

The company's CEO Essam Hamza, M.D., commented, "CloudMD continues to revolutionize the way healthcare is delivered to patients. We are excited and encouraged by the continued growth of our CloudMD platform as the significant increase in registered users continues to reinforce buy-in from the communities we serve."

"During these difficult times we are proud to offer much needed and timely medical care to the Canadian population. We remain committed to providing the best health care services to our patients," Dr. Hamza added.

CloudMD is engaged in digitizing healthcare delivery and offers patients access to all points of their medical care from their either their phone, tablet or desktop computer. The company offers software based health technology solutions to medical clinics across Canada and has developed proprietary technology that delivers quality healthcare through the combination of connected primary care clinics, telemedicine and artificial intelligence (AI). The firm stated that its healthcare ecosystem includes 315 clinics with more than 3,000 licensed practitioners and that almost 3 million patient charts and health records are available across its servers.


1) Stephen Hytha compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. He or members of his household own securities of the following companies mentioned in the article: None. He or members of his household are paid by the following companies mentioned in this article: None.
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