Mr. Hamed Shahbazi reports

WELL'S OCEANMD EXPERIENCES SIGNIFICANT USER GROWTH AND ANNOUNCES UPCOMING LAUNCH OF NEW 'HEALTH MESSENGER' TO HELP CARE PROVIDERS COMMUNICATE SECURELY AND EFFICIENTLY

Well Health Technologies Corp. has provided an update on 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 health care in Canada," said Amir Javidan, Well's chief operating officer 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 superhighway for the benefit of the Canadian health care 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 users on the platform. This represents year-over-year (YoY) growth of 78 per cent in total sites and 65-per-cent 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 (e-referrals) in the country. Leveraging FHIR (Fast Healthcare Interoperability Resources) standards-based application programming interfaces, Ocean integrates with over 30 leading clinical information systems. This network now includes providers at the nine of the 10 largest hospitals in Ontario receiving e-referrals through the Ocean platform, with approximately 1.2 million referrals sent in the last year -- a 50-per-cent YoY increase. Moreover, Ocean supports more than 70 central intakes nationally, including a provincewide 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 health care 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 two million patient engagements each month, including more than 1.6 million patient messages and reminders.

Jeff Kavanagh, co-founder and chief executive officer of OceanMD, commented on the coming launch of Health Messenger: "By enhancing the way health care 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 health care journey, fostering greater engagement and control over their health. Our vision extends beyond just communication; we aim to positively transform health care delivery by establishing Ocean as the country's leading interoperability platform."

As of April 1, 2024, just one year after the launch of its provincewide central intakes, primary care providers and surgeons in the province of Nova Scotia will be required to use Ocean e-referrals 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 e-referral, e-consult, e-order, on-line 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 artificial-intelligence-powered ambient scribe, clinical decision support and inbox management solutions, among many other offerings.

About Well Health Technologies Corp.

Well's mission is to tech-enable health care providers. It does this by developing the best technologies, services and support available, which ensures health care providers are empowered to positively impact patient outcomes. Well's comprehensive health care 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 health care providers between the United States and Canada and power the largest owned and operated health care 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.

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