CloudMD Software & Services Inc. (TSXV:DOC)

CloudMD Software & Services Inc, formerly Premier Health Group Inc, is a junior health care company that offers and delivers digital health care services.

The digital health care firm is listed on three trading platforms:
• TSXV: DOC

• US OTCQB Market: DOCRF

• Frankfurt Stock Exchange: 6PH

The Vancouver-based healthcare service company offers general medical advice, new and renewed medicines, specialist referrals, sinus infection, birth control pill prescriptions, etc.

In addition, through its connected network of health care clinics and enterprises, the firm provides for rashes and skin inflammation, urinary tract infection (UTI), cough or cold, mental health appointments, diet and nutrition concerns, sick notes, and review of tests/ laboratory results.

The firm’s SaaS-based healthcare technology delivers quality healthcare services to patients across Canada on a continuous basis through an interconnected network of primary health care clinics, telemedicine, and artificial intelligence (AI) reportedly.

CloudMD claims to operate through an extensive network of doctors, specialists, medical practitioners, psychiatrists, therapists and counsellors, physicians, psychologists, and allied healthcare professionals, etc.

It claims to have more than 500 medical clinics and caters to five million patients across North America.

In a press release dated April 8, 2021, the digital health care services firm announced that it intends to acquire Oncidium Inc, a Canadian healthcare company catering to employers. The firm claims that through the acquisition it would focus on improving its Enterprise Health Solutions Division.

Furthermore, in May 2021, it acquired three firms, namely Rxi Pharmacy Inc, Rx Infinity Inc, and Rxi Health Solutions Inc. It aims to facilitate specialty health management services and patient support program to Canadian employer market, including providers, insurers, and the companies.

On June 24, 2021, CloudMD Software & Services Inc acquired a 100 percent stake in VisionPros, a North American digital eyecare platform.

VisionPros claims that its digital health care platform serviced one million unique customers across North America. The Canadian firm aims to expand its operational footprint in the area.