CloudMD to Scale Up Telemedicine Availability Amidst Global Coronavirus (COVID-19) Outbreak
February 27 2020 - 7:30AM
CloudMD Software & Services Inc. (CSE: DOC, OTCQB: PHGRF,
Frankfurt: 6PH) (the “Company” or “CloudMD”), a Company focused on
revolutionizing the delivery of healthcare provides an update
amidst global coronavirus outbreak.
The CloudMD telemedicine app, which launched in
B.C. just 3 weeks ago, is a virtual clinic that patients can access
for free, allowing them to see a doctor in real-time from their
smartphone or desktop device.
“CloudMD’s app allows a physician’s practice to
extend into virtual visits for their patients who may not need face
to face interactions,” said Dr. David Ostrow, current Chief Medical
Officer of CloudMD and former CEO of Vancouver Coastal Health
Authority. “Patients are able to do this without sacrificing the
background medical knowledge that exists in their clinic records
and with the assurance that they are getting a full range of
services using CloudMD. In addition, with CloudMD there’s less time
off work and fewer waits in crowded waiting rooms.”
To ease the demand on the healthcare system, the
Company is currently reaching out to governments and agencies to
better understand how its services can best provide support.
Through their telemedicine app and network of online physicians,
patients can easily and conveniently receive an evaluation and
treatment and avoid being exposed to, or spread new infections in
waiting rooms of medical clinics and hospitals.
Coronavirus (COVID-19) is a respiratory illness
caused by a virus that was first identified in China and recent
reports have cited it has spread to over 30 countries worldwide.
Currently, the World Health Organization (WHO) has not officially
declared the outbreak as a pandemic and is still focusing on
containment efforts. However, several authorities have stated a
pandemic is inevitable, warning governments, businesses and
individuals to prepare for the next phase of disease management:
mitigation.
The goal of mitigation is to reduce the
illnesses impact on society by reducing the spread of the virus.
Mitigation strategies range from individual behavior changes such
as hand washing, to working from home and intermittent school
closures. The US’s Centers for Disease Control and Prevention (CDC)
this week encouraged people to use telemedicine services as the
coronavirus outbreak spreads1.
“We are prepared to rapidly scale our resources
as needed to meet the currently rising demand for telemedicine
services,” said Dr. Essam Hamza, CEO of CloudMD. “Our services can
make an impact by providing triaging, support, information and
medical advice for a worried public. Unnecessarily heading to a
doctor’s office or emergency room not only increases demand on
already stretched resources, but also increases a patient's chances
of exposure or spreading of virus. We will be looking to work with
government agencies and health organizations to help support their
patient populations.”
1
https://www.statnews.com/2020/02/25/cdc-expects-community-spread-of-coronavirus-as-top-official-warns-disruptions-could-be-severe/
The Company will be providing further updates in
the coming weeks as the situation develops.
To learn more about our telemedicine services,
visit www.cloudmd.ca. The app is now available for download on the
Apple Store and Google Play.
ON BEHALF OF THE BOARD OF DIRECTORS
“Dr. Essam Hamza,
MD"
Chief Executive
Officer
About CloudMD Software &
Services
CloudMD is digitizing the delivery of healthcare
by providing patients access to all points of their care from their
phone, tablet or desktop computer. The company offers SAAS 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). CloudMD
currently has a combined ecosystem of 315 clinics, over 3000
licensed practitioners and almost 3 million registered
patients.
The Canadian Securities Exchange does not accept
responsibility for the adequacy or accuracy of this release.
MEDIA CONTACT:Email: media@cloudmd.ca
GOVERNMENT & AGENCIES CONTACT:Email:
info@cloudmd.ca
INVESTOR RELATIONS CONTACT:
CloudMD Software & Services
Inc.investors.cloudmd.caEmail: investors@cloudmd.ca
Renmark Financial Communications Inc.Bettina
Filippone: bfilippone@renmarkfinancial.com Tel:(416) 644-2020 or
(514) 939-3989www.renmarkfinancial.com
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