Premier Health Group Launches CloudMD, Direct to Consumer App

This morning Premier Health Group Inc. (CSE: PHGI) announced they have launched CloudMD, their direct-to-consumer telemedicine app. The CloudMD app is now available free to download on Apple iTunes and Google Play stores.

A study in 2014 from Stats Canada, showed 4.5-million Canadian residents are without family doctors creating a challenge to receive timely appointments. The CloudMD platform connects patients with physicians for real-time videoconferencing on demand. These appointments take place within minutes, no longer requiring patients to travel to an appointment for medical conditions and/or requests. The CloudMD app is accessible using a smartphone, tablet or desktop computer.

The companies website can be seen here:

CloudMD.ca

We are excited to be launching our telemedicine service directly to consumers, enabling quality access to care for patients throughout BC… Telemedicine prevents lapses in medical care and costly visits to the emergency department enables team-based care across different health care providers and saves travel costs and inconveniences to patients. With the latest Coronavirus outbreak, heading to a doctor’s office or emergency room not only increases demand on already stretched resources, but also increases your chances of exposure. A telemedicine visit can be used effectively to get timely needed care and to reduce the spread of infection. Being at the forefront of today’s dynamic healthcare environment, we are paving the way to connect patients with the care they need when they need it.”

Dr. Essam Hamza, CEO, Premier Health Group

The roll out of the CloudMD platform will begin in British Columbia, where approximately 5 million patients can receive video consultations covered by the provincial Medical Services Plan (MSP). Each patient will automatically have an electronic chart giving providers quick access to understand the patient’s past and current health status.

The CloudMD app will allow these services to be available outside the standard clinic hours including evenings and weekends.

Premier Health Group’s stock price closed at 41c yesterday.


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.

Small Cap Steve

SmallCapSteve started blogging in the Winter of 2009. During that time, he was able to spot many take over candidates and pick a variety of stocks that generated returns in excess of 200%. In the time since, he has taken a heavy focus in the cannabis space with a particular affinity for multi state operators, for which he has become a known thought leader.

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