WELL Health Technologies Corp. (TSX: WELL) (OTCQX: WHTCF) (“WELL” or the “Company“), a company focused on positively impacting health outcomes by leveraging technology to empower healthcare providers and their patients globally, is pleased to announce it has partnered with ORX Surgical (“ORX“), Tali AI (“Tali“), and Simon Fraser University (“SFU“) to transform healthcare data into actionable insights through a Digital Technology Supercluster (“DTS“) project called Health Compass.
There has historically been large amounts of data locked in outdated and inefficient electronic medical records (“EMR“) that have proven to be a major cause of burnout for physicians. Sorting through massive amounts of data takes a physician’s time away from delivering care to their patients. Health Compass applies artificial intelligence to existing EMRs, helping physicians find the insights they need, and make critical decisions faster for their patients. Health Compass offers a natural voice interface that recognizes physicians’ voices to streamline clinical documentation and queries for patients, applies predictive analytics to help flag high-need patients, and automates the patient journey in primary care and specialty care to connect patients with life changing care quickly.
WELL and its internal several subsidiaries participating in the project (AwareMD, OSCAR Pro, Intrahealth, Ocean, Doctorcare, apps.health) have secured $3M in co-investment funding from DTS to support WELL’s platform which will be used to pilot the Health Compass project. More specifically, the project will leverage and build upon WELL’s open and FHIR-based apps.health ecosystem to seamlessly integrate the Health Compass capabilities into the EMR. The funding will also be used enhance the ability for digital health innovations to interoperate with EMRs and make it easier for providers to augment their EMR with the latest innovations in healthcare technology. The project will also be leveraging WELL’s large physical clinical footprint and provider base to pilot and inform the capabilities for the project.
“We are thrilled to be a part of this innovative group” said Amir Javidan, COO of WELL Health Technologies. “Artificial intelligence and natural language processing have been severely underutilized in Canadian healthcare, and given the serious issues regarding physician burnout, Health Compass is a leap in the right direction. At WELL, we pride ourselves on empowering and caring for providers and projects like these provide an opportunity to showcase how committed we are to these goals.”
“This project is developing technology that has the potential to connect patients with life-changing care more quickly,” said the Honourable François-Philippe Champagne, Minister of Innovation, Science, and Industry. “Our government is proud to support the Digital Technology Cluster and its partners, as their new Health Compass solution will help physicians sort through large amounts of data, making it easier and faster for them to make critical decisions for their patients.”
“We’re excited to leverage our AI technology to support Canada’s most important asset, healthcare providers,” said Peder Sande, CEO of ORX Surgical. “In partnership with the Digital Technology Cluster, WELL, Tali and SFU we are proud to be building a made in Canada solution that accelerates the future of Canadian healthcare.”
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