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CloudMD Software & Services Inc V.DOC

Alternate Symbol(s):  DOCRF

CloudMD Software & Services Inc. is a healthcare service provider. The Company operates through two divisions: Health and Wellness Services (HWS) and Health and Productivity Solutions (HPS). HWS operates through two models: subscription-based pricing using a price per member per month with an average contractual term of three years; and a per-case billing model at an agreed-upon rate for services that are used in disability management, occupational health, and other employer services. HPS division offers health and productivity tools intended to create a better experience for those needing healthcare. The Company’s workplace health and wellbeing solution, Kii, supports members and their families with a personalized and connected healthcare experience across mental, physical and occupational health. Kii delivers superior clinical health outcomes, consistent high engagement, and measurable ROI for payers such as employers, educational institutions, associations, governments and insurers.


TSXV:DOC - Post by User

Comment by tricHOMEson Dec 02, 2020 2:34pm
254 Views
Post# 32019395

RE:RE:RE:When I said CloudMD was overpriced at $2.70 I meant it.

RE:RE:RE:When I said CloudMD was overpriced at $2.70 I meant it.Latest support is at $2.40 and we've seen it taken down a few times. But we've also been challenged with all the vaccine news so I see it as a temporary resistance.
There's no reason to be concerned of the short term swings. We should be more focused on downloading the app and getting friends and family to take advantage on this solution.

I am lucky enough to be averaged at $.805 but I just recently downloaded the app and this is a game changer! I used to take time off work to take my kid to see his doctor for a simple eczema cream refill. I would sit in the waiting room for an average of an hour (as all doctors are usually overbooked since that's a model to maximize their income) with people coughing around us. I say no more to that! 

Also the vision of an integrated platform that connects physicians and specialists is brilliant! You know that average wait time to see a specialist in Canada? Ridiculous! Like I said, the healthcare delivery is in need for a transformation. If you believe in the product then become an investor. Swings in share price is temporary and part of the process. $1B market cap isnt too far in the future I think.
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