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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 Possibleidiot01on Jul 27, 2023 6:47pm
157 Views
Post# 35560651

RE:RE:The sector is consolidating fast

RE:RE:The sector is consolidating fast
AlwaysLong683 wrote:
Sun Life Financial announced it would be offering DOC's Mental Health Coach service to all group benefits clients back in November 2021.
 
Now Sun Life has decided to take out Dialogue which describes itself as follows:
 
We are Canada’s premier digital healthcare and wellness Platform, providing affordable, on-demand access to quality care. We named our company “Dialogue” because we believe that excellent care starts with a positive two-way conversation between a person and a healthcare provider who genuinely cares.
 
We started with a simple virtual care app that connected a user to a nurse or a physician. This core idea evolved into an Integrated Health Platform™, a one-stop healthcare hub that centralizes all of our programs in a single, user-friendly application, providing access to Services 24 hours per day, 365 days per year from the convenience of a smartphone, computer or tablet.
 
Our Customers are employers and organizations who have a vested interest in their members’ health and well-being. We believe our value proposition is highly compelling, helping to provide our Customers with substantial savings opportunities through improved employee satisfaction and reduced employee absenteeism.
 
Questions:

1) Why did Sun Life choose to acquire Dialogue over DOC in spite of the fact that it has been offering one of DOC's services to cients for over 18 months now?

2) Will Sun Life continue offering DOC's Mental Health Coach service to clients, or does Dialogue offer a similar service to replace it?

 


My answer to question 1 is SunLife's existing investments in Dialogue.

https://www.venturecapitaljournal.com/sun-life-financial-invests-additional-c48m-in-dialogue/
Answer to question 2 is I don't know the difference between the two products but I am willing to make the assumption ( possibly wrong) that SLF will develop something in house if they don't have a comparable.
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