Premier Health Announces Name Change To CloudMD

Premier Health Group Inc (CSE: PHGI) announced this morning that the company will be changing its name to better reflect its current operations. As of February 24, the company will be known as CloudMD Software & Services Inc and trade under the ticker symbol “DOC” on the Canadian Securities Exchange.

The name change is intended to be more reflective of the firms core operations, which largely consists of its telemedicine offerings. The new name places a greater emphasis on the strategic focus of Premier Health to focus on its digital health and telemedicine based revenue.

In conjunction with the name change, a new website will be launched by CloudMD on Monday, February 24 to reflect the rebranding of the company.

We are excited to be announcing our name change to reflect the Company’s strategic focus on increasing our digital health and telemedicine based revenue. With the recent launch of our direct to consumer telemedicine app, CloudMD, we are focused on getting the over 5 million patients in BC access to the care they need, when they need it. Leveraging the latest developments in technologies like 5G, the days of waiting weeks for a doctor’s appointment or rushing to an emergency room during a viral outbreak like the coronavirus are quickly disappearing.

Dr. Essam Hamza, CEO of Premier Health

The announcement of the name change follows the launch of Premier Health’s direct-to-consumer app, CloudMD, which was launched earlier this month. Currently available to BC residents, the app enables consumers to obtain quality access to care via their mobile phone, desktop, or tablet. The application connections physicians with patients in minutes, and is directly billed to the provincial Medical Services Plan.

Premier Health last traded at $0.44 on the CSE.


FULL DISCLOSURE: Premier Health Group is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Premier Health Group on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Silver @ $36 & We’re Still 200M Oz Short | Paul Andre Huet – Americas Gold and Silver

Gold’s Wild Bull Run: Are Markets About to Break? | Mike McGlone

First Majestic Silver: The Santa Elena Mine

Recommended

Goliath Resources Closes Out Funding Round With Total Gross Proceeds Of $27.1 Million

Silver47 Kickstarts 4,000 Metre Drill Campaign At Red Mountain Project

Related News

CloudMD: Canaccord Reiterates $3.00 Price Target After Q3 Results

On November 29th, CloudMD Software & Services Inc. (TSXV: DOC) announced its third quarter financial...

Wednesday, December 1, 2021, 03:36:00 PM

Ontario Opening Doors to Video Based Telemedicine and Digital Practices

In a news release earlier this month from the Province of Ontario, an announcement slid...

Sunday, November 24, 2019, 09:30:02 AM

CloudMD Sells Off Remaining EMR Assets For US$6.3 Million

CloudMD Software & Services (TSXV: DOC) continues to shed assets as it looks to achieve...

Tuesday, July 4, 2023, 09:10:00 AM

The Deep Dive Compiles Company Profile for Premier Health Group

The Deep Dive has compiled a company profile for that of Premier Health Group Inc...

Wednesday, November 13, 2019, 05:41:39 PM

CloudMD Enables Free Telehealth Solutions To 3,000 Healthcare Professionals

CloudMD Software & Services (CSE: DOC) is doing what it can to assist healthcare professionals...

Monday, March 16, 2020, 08:32:34 AM