Recent research study demonstrates that the majority of clients experience reliable improvement in symptoms after just two months of treatment
VANCOUVER, British Columbia, Sept. 15, 2022 (GLOBE NEWSWIRE) — CloudMD Software & Services Inc. (TSXV: DOC, OTCQX: DOCRF, Frankfurt: 6PH) (the “Company” or “CloudMD”), a healthcare technology and innovative health services company transforming the delivery of care, today released a research study that demonstrates the positive outcome results from using its therapist-led internet based cognitive behavioural therapy (TAiCBT) for individuals suffering from posttraumatic stress disorder (PTSD) across symptom severity levels, trauma types and demographics.
PTSD is a debilitating condition often exacerbated by long wait times and lack of access to effective treatment. The first line psychological treatments for PTSD are rooted in principles of cognitive behavioural therapy (CBT). Digital delivery of these therapies represents an opportunity to improve access to evidence-based treatment that can reduce symptoms of posttraumatic stress.
CloudMD recently completed its study to determine the effectiveness of its TAiCBT for posttraumatic stress and examine how pre-treatment client characteristics are related to key outcomes. The sample consisted of individuals with histories of traumas ranging from experiencing sexual assault to observing work-related suffering; this enabled researchers to also explore the relationship between these diverse histories and treatment outcomes.
Highlights of Results:
Most studies of TAiCBT for PTSD focus on specific subsets of the population, such as groups that are assumed to have employment-related exposure to trauma, including members of the military (or veterans), first-line responders (EMTs, ER physicians), or law enforcement (Straud et al 2019; Stephanopoulou et al 2020). Given that interpersonal trauma – such as physical and sexual assault – accounts for a large proportion of PTSD cases (Bedoya et al., 2020), research on the effectiveness of TAiCBT for posttraumatic stress would benefit from expanding the field of study to include broader populations, which is exactly what this study does.
In addition to evaluating the efficacy of CloudMD’s posttraumatic stress treatment protocol to determine whether accessible, low-intensity treatment options would be effective for posttraumatic stress across the full spectrum of symptom severity, CloudMD’s researchers also explored the effect of sample-specific factors on treatment outcomes. Researchers examined whether pre-treatment client characteristics such as gender, age, and trauma type, predicted differential response to treatment.
“This study solidifies the importance of offering therapy for posttraumatic stress alongside depression and anxiety therapy to complement care and provide truly effective treatment for anyone needing trauma support, not only the first-responder community,” shared Karen Adams, President and CEO, CloudMD. “Our data allows for better understanding of the conditions and the impact of targeted treatments. This helps employers make informed choices when they evaluate workplace mental health investments by equipping them with critical insights,” she continued.
The study demonstrates the basic effectiveness of CloudMD’s TAiCBT program for posttraumatic stress in a real-world heterogenous sample of help-seeking individuals. More than half of clients experienced significant reduction in trauma symptoms; 38% of clients experienced reductions in depression and anxiety; and 28% of clients reported improvements in day-to-day functioning. The program led to reductions in symptoms for clients across the range of symptom severity. While the longer a client spent engaged in treatment, the greater their likelihood of achieving symptom improvement, many clients who did not complete all phases of therapy experienced reliable symptom improvement. These results indicate that offering low-intensity treatment for posttraumatic stress is a viable and frequently sufficient entry point to care.
“Our TAiCBT program enables us to break down barriers to evidence-based care that many individuals experience, such as lack of accessible or specific treatments. We’ve been able to successfully treat clients with varying severity of post traumatic symptoms,” said Dr. Leorra Newman, Clinical Content Lead, CloudMD. “This study highlights that targeting post traumatic symptoms directly can lead to associated improvements in levels of anxiety, depression, and functioning – making a true difference in our clients’ lives,” Newman added.
Accessing evidence-based mental health treatment in a timely manner is challenging, taking 25 business days in Canada to access typical community-based services, with wait times for specific conditions like PTSD reaching approximately two years. This lack of accessibility is a significant problem for individuals, their families, employers and many other parts of society. CloudMD provides timely access to TAiCBT within days of a completed assessment, accelerating access, providing support outside regular office hours, and alleviating demand on traditional pathways.
Furthermore, the effectiveness of CloudMD’s programs showcases the value of selecting evidence-based mental health treatment for HR leaders investing in the well-being of their staff. As shown in this study, CloudMD has a proven, highly effective treatment for people with diverse histories of trauma and demographic characteristics.
White Paper & Webinar Details
To access the full study, please click here: TAiCBT for posttraumatic stress: Accessible, low-intensity treatment is effective for severe symptoms and across a wide range of traumas.
CloudMD will be hosting a webinar to discuss the research on September 28th, 2022 at 9am PT/12pm ET as part of its Better Outcomes Initiative. Individuals can register for it here: Better Outcomes Webinar Registration.
About CloudMD Software & Services
CloudMD is transforming the delivery of healthcare using technology and by providing a patient-centric approach, with an emphasis on continuity of care. By leveraging healthcare technology, the Company is building one, connected platform that addresses all points of a patient’s healthcare journey and provides better access to care and improved outcomes. Through CloudMD’s proprietary technology, the Company delivers quality healthcare through a holistic offering including hybrid primary care clinics, specialist care, telemedicine, mental health support, healthcare navigation, educational resources, and artificial intelligence (AI). CloudMD’s business is separated into three main divisions: Clinics and Pharmacies, Digital Solution and Enterprise Health Solutions, the Company’s fastest growing division. CloudMD’s Enterprise Health Solutions Division has built a leading employer healthcare solutions, including its Comprehensive Integrated Health Services Platform, which offers one comprehensive, digitally connected platform for educational institutions, corporations, insurers, and advisors to better manage the health and wellness of their students, employees, and customers.
CloudMD currently services a direct ecosystem of over 5,700 clinicians including, 1,800+ mental health practitioners, 1,600+ allied health professionals, 1,400+ doctors and nurses and covers 12 million individual lives across North America. For more information visit: https://investors.cloudmd.ca.
ON BEHALF OF THE BOARD OF DIRECTORS
“Karen Adams”
Chief Executive Officer
FOR ADDITIONAL INFORMATION, CONTACT:
Julia Becker
VP, Investor Relations
julia@cloudmd.ca
(604) 785-0850
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
This news release contains “forward-looking statements” and “forward-looking information” within the meaning of Canadian securities laws. These statements are based upon information currently available to CloudMD’s management. All information that is not clearly historical in nature may constitute forward‐looking statements. In some cases, forward‐looking statements may be identified by the use of terms such as “forecast”, “assumption” and other similar expressions or future or conditional terms such as “anticipate”, “believe”, “could”, “estimate”, “expect”, “intend”, “may”, “plan”, “predict”, “project”, “will”, “would”, and “should”. Forward-looking statements contained in this news release are based on certain factors and assumptions made by management of CloudMD based on their current expectations, estimates, projections, assumptions and beliefs regarding their business and CloudMD does not provide any assurance that actual results will meet management’s expectations. While management considers these assumptions to be reasonable based on information currently available to them, they may prove to be incorrect. Such forward‐looking statements are not guarantees of future events or performance and by their nature involve known and unknown risks, uncertainties and other factors, including those risks described in the Company’s MD&A (which is filed under the Company’s issuer profile on SEDAR and can be accessed at www.sedar.com), that may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward‐looking statements. Although CloudMD has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward‐looking statements, other factors may cause actions, events or results to be different than anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could vary or differ materially from those anticipated in such forward‐looking statements. Accordingly, readers should not place undue reliance on forward‐looking information. CloudMD does not undertake to update any forward-looking information, whether as a result of new information or future events or otherwise, except as may be required by applicable securities laws.
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