- OceanMD, Canada's leading
digital health interoperability platform has scaled to include over
4,700 clinics and hospitals throughout Canada, with more than 37,000 active
users1 on the platform. This represents 78% YoY growth
in total sites and 65% YoY growth in active users.
- Over 1.2 million referrals are sent on the Ocean Platform
annually2, reflecting 50% YoY growth. The Ocean network
now includes nine of the ten largest hospitals in Ontario where clinicians are now receiving
eReferrals.
- User engagement on the Ocean Platform has increased
substantially with more than 2 million patient
engagements3 every month reflecting 67% growth YoY.
- OceanMD announces the upcoming launch in Q2-2024 of its
mobile-first Health Messenger product which will help improve and
secure communications between healthcare providers and their
patients.
VANCOUVER, BC and TORONTO, March 7,
2024 /PRNewswire/ - WELL Health Technologies Corp.
(TSX: WELL) (OTCQX: WHTCF) ("WELL" or the
"Company"), a digital healthcare company focused on
positively impacting health outcomes by leveraging technology to
empower healthcare practitioners and their patients globally, is
pleased to announce significant growth milestones achieved by its
wholly owned subsidiary, OceanMD, along with the introduction of an
innovative new product, Health Messenger.
"The remarkable growth of OceanMD and the launch of our Health
Messenger product are significant milestones in our mission to
modernize and digitize healthcare in Canada," said Amir
Javidan, WELL's COO who leads WELL's Platform Solutions.
"With millions of patient interactions each month and active
engagement from a significant portion of Canada's care providers, we are not aware of
any other digital platform in Canada that has the level of connectivity with
patients, providers and hospital systems as Ocean. We have
significant opportunities to extend this digital health
super-highway for the benefit of the Canadian healthcare
ecosystem.
In 2023, OceanMD demonstrated robust growth across multiple
dimensions, including clinic and site expansions, user base
increases, and provider engagement. The Ocean Platform has scaled
to include over 4,700 clinics and hospitals throughout Canada, with more than 37,000 active
users1 on the platform. This represents year-over-year
(YoY) growth of 78% in total sites and 65% YoY growth in active
users, setting the stage for continued expansion through 2024 and
beyond.
OceanMD has also solidified its position as a leader in the
digital health space by operating the largest network of connected
systems for electronic referrals (eReferrals) in the country.
Leveraging FHIR® standards-based APIs, Ocean integrates with over
30 leading clinical information systems. This network now includes
providers at the nine of the ten largest hospitals in Ontario receiving eReferrals through the Ocean
Platform, with approximately 1,200,000 referrals sent in the last
year —a 50% YoY increase. Moreover, Ocean supports more than 70
Central Intakes nationally, including a province-wide single intake
for all surgical consults, Magnetic Resonance Imaging (MRI)
referrals, and ultrasound referrals in Nova Scotia.
Building on this momentum, OceanMD is set to launch its Health
Messenger Product in calendar Q2. This cutting-edge, patient-facing
interface is designed to enhance secure communications between
healthcare providers and their patients, featuring a mobile-first
responsive design for superior accessibility. Health Messenger will
enable patients to easily send messages and attachments to their
providers, and share these communications with family members and
caregivers, fostering transparency and access to health data. This
initiative is expected to positively impact millions of patients,
leveraging Ocean's support of over 2 million patient
engagements3 each month, including more than 1.6 million
patient messages and reminders.
Jeff Kavanagh, Co-Founder and CEO
of OceanMD commented on the upcoming launch of Health Messenger,
"By enhancing the way healthcare providers connect with their
patients, we are not only improving the efficiency and security of
these interactions but also ensuring that every patient receives
the timely care and support they need. This initiative is a pivotal
step towards empowering patients to take an active role in their
healthcare journey, fostering greater engagement and control over
their health. Our vision extends beyond just communication; we aim
to positively transform healthcare delivery by establishing Ocean
as the country's leading interoperability platform."
As of April 1, 2024, just one year
after the launch of their province-wide central intakes, primary
care providers and surgeons in the province of Nova Scotia will be required to use Ocean
eReferrals to send and receive referrals for surgical consults and
Diagnostic Imaging services, . This is a good example of the key
role that Ocean plays in WELL's public sector offerings. WELL
offers a broad array of public sector products, encompassing both
technology and care solutions, through a portfolio that includes a
robust virtual care delivery platform and a suite of provider
productivity applications. These applications include but are not
limited to eReferral, eConsult, eOrder, Online Patient Booking,
Waiting Room Automation solutions and Intelligent Questionnaires.
Additionally, WELL provides Digital Front Door Solutions, Secure
Messaging, and FHIR Interoperability solutions. The company also
leverages powerful artificial intelligence capabilities with
products such as its AI-powered ambient scribe, Clinical Decision
Support, and Inbox Management solutions, among many other
offerings.
Footnotes:
- The 37,000 active user count includes approximately 20,000
active billing providers.
- The annual figure of over 1.2 million referrals is calculated
based on the current monthly run rate as of the date of this
release.
- Patient engagements are defined as patient messages, email
and SMS reminders, kiosk/tablet interactions, online bookings,
and website forms.
WELL HEALTH TECHNOLOGIES
CORP.
Per: "Hamed Shahbazi"
Hamed Shahbazi
Chief Executive Officer, Chairman and Director
About WELL Health Technologies
Corp.
WELL's mission is to tech-enable healthcare providers. We do
this by developing the best technologies, services, and support
available, which ensures healthcare providers are empowered to
positively impact patient outcomes. WELL's comprehensive healthcare
and digital platform includes extensive front and back-office
management software applications that help physicians run and
secure their practices. WELL's solutions enable more than 33,000
healthcare providers between the US and Canada and power the largest owned and
operated healthcare ecosystem in Canada with more than 165 clinics supporting
primary care, specialized care, and diagnostic services. In
the United States WELL's solutions
are focused on specialized markets such as the gastrointestinal
market, women's health, primary care, and mental health. WELL is
publicly traded on the Toronto Stock Exchange under the symbol
"WELL" and on the OTC Exchange under the symbol "WHTCF". To learn
more about WELL, please visit: www.well.company.
Forward-Looking
Statements
This news release contains "Forward-Looking Information" within
the meaning of applicable Canadian securities laws, including,
without limitation: its expected launch of its mobile-first Health
Messenger, the expected patient impacts and use of the Health
Messenger, and the expected date physicians in Nova Scotia will be required to use Ocean
eReferrals. Forward-Looking Information is based upon a number of
estimates and assumptions, while considered reasonable by
management, are subject to business, economic and competitive
uncertainties. WELL's comments expressed or implied by such
Forward-Looking Information are subject to a number of risks,
assumptions, uncertainties, and conditions, many of which are
outside of WELL's control, and undue reliance should not be placed
on such information. Except as required by securities law, WELL
does not assume any obligation to update or revise any
forward-looking information, whether as a result of new
information, events or otherwise.
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SOURCE WELL Health Technologies Corp.