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CLOUDMD SOFTWARE & SVCS Stock Price, News & Analysis

DOCRF OTC

Company Description

Overview

CloudMD Software & Services Inc. (OTCQX: DOCRF) is a North American healthcare technology company dedicated to transforming the delivery of care. By seamlessly integrating cutting-edge digital tools with a robust network of healthcare professionals, CloudMD empowers organizations and individuals to achieve healthier living while addressing complex health challenges. The company's innovative solutions span mental, physical, and occupational health, offering a comprehensive approach to healthcare that prioritizes accessibility, personalization, and measurable outcomes.

Business Model and Revenue Streams

CloudMD operates on a diversified business model, generating revenue through subscription-based services, enterprise contracts, and licensing agreements. Its clients include employers, educational institutions, healthcare providers, insurers, and government organizations. By offering scalable and customizable solutions, the company addresses the unique needs of various sectors, ensuring consistent engagement and superior clinical outcomes. Additionally, CloudMD's workplace absence management programs leverage data-driven prevention, intervention, and return-to-work strategies, creating value for organizations seeking to enhance productivity and employee well-being.

Core Offerings

  • Kii by CloudMD: A holistic workplace health and wellness platform that integrates mental health support, nurse navigation, and Employee Family Assistance Plans (EFAP). This solution is designed to deliver a connected healthcare experience for employees and their families.
  • Workplace Absence Management: Comprehensive programs that utilize data analytics to prevent workplace absences, facilitate timely interventions, and support effective return-to-work processes.
  • Healthcare Productivity Tools: Advanced software solutions tailored for hospitals, clinics, and healthcare providers to streamline operations and enhance patient care.

Market Position and Industry Relevance

CloudMD operates within the rapidly evolving digital health and wellness industry, a sector driven by the increasing demand for accessible and integrated healthcare solutions. The company distinguishes itself through its focus on measurable ROI, clinical excellence, and user engagement. By combining technology with personalized care, CloudMD addresses critical gaps in traditional healthcare systems, making it a preferred partner for organizations aiming to improve health outcomes and reduce costs. Its partnerships with prominent institutions, such as The Ottawa Hospital, underscore its credibility and growing influence in the market.

Competitive Landscape

In a competitive landscape that includes telemedicine providers, employee wellness platforms, and absence management solutions, CloudMD stands out for its integrated approach. Unlike many of its competitors, which offer isolated services, CloudMD delivers a unified ecosystem that connects various aspects of healthcare. This differentiation not only enhances user experience but also drives better health outcomes, making it a compelling choice for organizations seeking comprehensive solutions.

Conclusion

CloudMD Software & Services Inc. exemplifies innovation in the healthcare technology sector. With its commitment to empowering healthier living through integrated solutions, the company addresses the pressing challenges of accessibility, personalization, and efficiency in healthcare. By delivering measurable outcomes and fostering engagement, CloudMD continues to redefine the standards of care for organizations and individuals alike.

Stock Performance

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Performance 1 year
$6.2M
Market Cap
304.7M
Shares outstanding

SEC Filings

No SEC filings available for CLOUDMD SOFTWARE & SVCS.

Financial Highlights

Revenue (TTM)
Net Income (TTM)
Diluted EPS (TTM)
Operating Cash Flow
Net Profit Margin
Oper. Profit Margin

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Frequently Asked Questions

What is the current stock price of CLOUDMD SOFTWARE & SVCS (DOCRF)?

The current stock price of CLOUDMD SOFTWARE & SVCS (DOCRF) is $0.02679 as of February 7, 2025.

What is the market cap of CLOUDMD SOFTWARE & SVCS (DOCRF)?

The market cap of CLOUDMD SOFTWARE & SVCS (DOCRF) is approximately 6.2M.

What is CloudMD Software & Services' core business?

CloudMD specializes in digital healthcare solutions, integrating mental, physical, and occupational health services for organizations and individuals.

How does CloudMD generate revenue?

The company generates revenue through subscription-based services, enterprise contracts, and licensing agreements with organizations and healthcare providers.

What makes CloudMD different from its competitors?

CloudMD's integrated approach combines workplace health, mental health, and absence management into a unified platform, delivering measurable outcomes and superior user engagement.

Who are CloudMD's primary clients?

CloudMD serves employers, educational institutions, insurers, healthcare providers, and government organizations seeking comprehensive healthcare solutions.

What industries benefit from CloudMD's solutions?

Industries such as healthcare, education, corporate enterprises, and government sectors benefit from CloudMD's scalable and customizable health and wellness solutions.

What is the Kii by CloudMD platform?

Kii is CloudMD's workplace health and wellness solution, offering services like mental health support, nurse navigation, and Employee Family Assistance Plans (EFAP).

How does CloudMD address workplace absences?

CloudMD provides data-driven prevention, intervention, and return-to-work programs to help organizations manage and reduce workplace absences effectively.

What is CloudMD's role in the digital health industry?

CloudMD is a key player in the digital health industry, leveraging technology to deliver integrated healthcare solutions that improve accessibility, personalization, and outcomes.

Does CloudMD operate outside of North America?

CloudMD primarily focuses on the North American market, partnering with organizations across Canada and the United States.

What types of organizations partner with CloudMD?

CloudMD partners with hospitals, clinics, employers, insurers, educational institutions, and government entities to deliver tailored healthcare solutions.