What MEDFAR Clinical Solutions does

MEDFAR Clinical Solutions is a Montreal-based healthcare technology company founded in 2010 that develops and sells MYLE, a web-based electronic medical records (EMR) application designed for medical teams and clinics. The platform functions as the digital clinical system of record for practitioners, supporting day-to-day workflows in medical practices. The company is led by co-founder Elias Farah (President & CEO) and co-founder Patrick Issid (COO and VP Product Development), with Benoit Arbour as EVP of Business Development and Public Relations driving commercial expansion.

The business has scaled through a combination of organic growth and inorganic moves. MEDFAR has raised approximately $42.6 million in equity across three rounds: an angel round from Anges Quebec in 2015 ($0.55M), a Series led by Walter Capital Partners with Fondaction in February 2021 ($19.7M), and a $22.4M round led by Investissement Quebec in April 2023. It has also executed two acquisitions — Plexia Electronic Medical Systems in July 2020 and CareWay in March 2025 — both targeting EMR-adjacent capabilities and customer bases, consistent with a roll-up strategy in the Canadian clinic-software market. Headcount of 251–500 employees places it firmly in growth-stage scale.

The underlying revenue model is not publicly disclosed but is consistent with a multi-tenant SaaS subscription targeting medical practices, with expansion of seat count, modules, and acquired product lines. No information on pricing, average contract value, customer logos, or revenue mix is available in the input. The company remains private and continues to deploy capital toward product breadth and geographic reach within Canada, with web-based delivery enabling potential cross-provincial scaling.

Name

MEDFAR Clinical Solutions

Website

https://medfarsolutions.com

Company type

Private

Founded year

2010

Headcount range

251–500 employees

Short description

MEDFAR Clinical Solutions is a Montreal-based healthcare software company founded in 2010 that builds MYLE, a web-based electronic medical records application serving medical teams and clinics across Canada.

Ownership category

akta.pro rank

Product category

Electronic Medical Records (EMR) Software

NAICS

Software Publishers (5132), Offices of Physicians (62111)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Health Services (8000), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Ambulatory & Physician Practice EHRs (HLACAAAB)

akta.pro secondary industry

Clinical Forms, Templates & Digital Consent (eSignature) (HLACAAAJ)

Keywords

• Electronic medical records
• Clinical software solutions
• Medical practice management
• EMR platform
• Healthcare workflow software

Headquarters

HQ city

Montreal

HQ country

Canada

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Core offering

MEDFAR Clinical Solutions develops and sells MYLE, a web-based electronic medical records (EMR) application built for medical teams. The product enables clinics, physicians, and clinical staff to manage patient records, clinical documentation, and day-to-day practice operations through a unified digital platform. Its offering centers on replacing paper-based and legacy recordkeeping with a modern, cloud-delivered EMR system targeted at medical practices.

Differentiator

Problem solved

Functional benefit

Products and services

• MYLE MYLE is MEDFAR's flagship web-based electronic medical records (EMR) application designed for medical teams. It enables clinics, physicians, and clinical staff to manage patient records, clinical documentation, and practice workflows through a unified digital platform, replacing paper-based recordkeeping with cloud-delivered EMR functionality targeted at medical practices.

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• TELUS Health: TELUS Health is the largest Canadian health technology provider, offering ambulatory EMR (Med Access, PS Suite) alongside telehealth, pharmacy, and wellness solutions. It directly competes with MEDFAR in the Canadian physician EMR market while operating a much broader portfolio.
• Epic Systems: Epic Systems is the dominant US-based EHR vendor for hospitals and large medical groups. While primarily US-focused and enterprise-tier, Epic represents the broader competitive benchmark for EMR software design and feature depth that MEDFAR's MYLE must position against.
• Oracle Health (formerly Cerner): Oracle Health is a global incumbent in EHR and clinical systems following Oracle's acquisition of Cerner. It serves as a broad incumbent benchmark for enterprise-grade clinical software that ambulatory specialists like MEDFAR must differentiate against.

Direct peers

• WELL Health Technologies: WELL Health Technologies is a Canadian digital health company with a large network of clinics and a portfolio of EMR/clinical software assets (including OSCAR variants). It competes head-to-head with MEDFAR for ambulatory physician customers and pursues an aggressive acquisition strategy analogous to MEDFAR's.
• Think Research: Think Research provides clinical decision support, EMR-adjacent workflow tools, and knowledge-based content to Canadian and international healthcare providers. It overlaps with MEDFAR in serving physician practices with digital documentation and care pathway products.
• InputHealth Systems: InputHealth is a Canadian vendor of collaborative health records and patient engagement platforms used by clinicians across Canada. It is a directly comparable EMR/workflow vendor competing for similar ambulatory physician customers.

Emerging players

• OSCAR McMaster: OSCAR is an open-source Canadian EMR widely adopted by primary care physicians. It competes with MEDFAR's MYLE on cost and customization in the ambulatory segment and is often the alternative benchmark for clinic buyers.
• Dovetale Health: Dovetale Health is a Canadian healthcare collaboration and patient communication platform serving clinicians and allied health professionals. It overlaps with MEDFAR's workflow and clinician-communication surface area, particularly post-CareWay acquisition.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds3 records

Investors4 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MEDFAR Clinical Solutions