Telemed MD
Telemed MD is a Canadian virtual specialist healthcare platform providing OHIP-covered psychiatry, substance use, and internal medicine services — plus private-pay cosmetic and preventive care — across Ontario, Manitoba, and British Columbia via telemedicine.
- Company typePrivate
- Founded2020
- HeadquartersMississauga, Canada
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Telemed MD does
Telemed MD is a Canadian virtual healthcare platform headquartered in Mississauga, Ontario, founded in 2020 and operating under CEO and founder Rakesh Mistry. The company delivers specialist medical care to Ontario, Manitoba, and British Columbia residents through OHIP-covered (Ontario Health Insurance Plan) services spanning child, adult, and geriatric psychiatry, substance use disorder care, and internal medicine, alongside private-pay preventive care (weight loss, nutrition consulting) and cosmetic services (Botox, dermal fillers, PRP). Patients access care via virtual consultations or in-person visits across a clinical network serving 150+ communities, while healthcare providers submit referrals through a secure electronic system with 24–48 hour processing; the platform has reportedly facilitated 500k+ consultations with 100+ OHIP-credentialed specialists and an average wait time of 1–3 weeks. The core technology stack comprises a unified patient portal (myDoc) plus native iOS and Android applications supporting appointment scheduling, video consultations, and phone consultations, paired with a referral intake workflow for family doctors, walk-in clinics, and hospitals.
The business model is hybrid: most specialist consultations bill through OHIP on a fee-for-service basis (described internally as recurring), while cosmetic, weight loss, and nutrition counselling are paid out-of-pocket at posted prices (e.g., $140 + HST per nutrition session, $390 + HST for a three-session package). Revenue is captured primarily through the OHIP reimbursement channel, supplemented by self-pay services; the company is privately held with no disclosed funding rounds or institutional investors. Go-to-market relies on a referral-led sales motion with referring clinics, walk-ins, hospitals, and the sister-company MD Connected as primary feeders, complemented by direct-to-consumer booking through the portal and app stores.
Operating as a fully virtual specialist network, Telemed MD competes on wait-time speed and OHIP coverage. The company reports no awards, patents, regulatory actions, M&A activity, or leadership changes beyond the founder-led executive structure; integrations, APIs, and AI capabilities are not present in the disclosed material.
Telemed MD firmographics
Firmographics- Name
- Telemed MD
- Legal name
- Telemed MD
- Website
- https://telemedmd.ca
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Telemed MD is a Canadian virtual specialist healthcare platform providing OHIP-covered psychiatry, substance use, and internal medicine services — plus private-pay cosmetic and preventive care — across Ontario, Manitoba, and British Columbia via telemedicine.
- Ownership category
- akta.pro rank
Telemed MD industry classification
Industry- Product category
- Telehealth Specialist Healthcare Services
- NAICS
- Offices of Physicians (except Mental Health Specialists) (621111), Offices of Physicians, Mental Health Specialists (621112)
- SIC
- Services-Offices & Clinics Of Doctors Of Medicine (8011)
- akta.pro primary industry
- Virtual Specialty Care Platforms (tele-stroke, tele-ICU, tele-derm, tele-cardiology) (HLALABAD)
Keywords
Where Telemed MD is headquartered
LocationHeadquarters
- HQ city
- Mississauga
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Telemed MD business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- OHIP Covered Services: The majority of Telemed MD's specialist services are covered under the Ontario Health Insurance Plan (OHIP), including psychiatric consultations, substance use care, and internal medicine services. This represents the primary revenue stream as a virtual specialist provider.
- Uninsured/Private Pay Services: Some services are not covered by provincial or private insurance and require additional charges, including cosmetic procedures (Botox, Dermal Fillers, PRP Treatments) and nutrition counselling services
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Psychiatric Services (OHIP Covered) |
| Subscription | Annual | Substance Use Care (OHIP Covered) |
| Unit Pricing | Pay-as-you-go | Nutrition Consulting - Per Session |
| Unit Pricing | Pay-as-you-go | Nutrition Consulting - Package of 3 Sessions |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels4 records
Telemed MD product offering
Product offeringCore offering
Telemed MD operates a virtual specialist healthcare platform serving Ontario residents, providing access to psychiatrists, internal medicine specialists, addiction medicine providers, cosmetic care practitioners, and nutritionists. Services are delivered via an online patient portal (myDoc) and mobile apps offering video and phone consultations, complemented by in-person appointments across a clinical network spanning 150+ Ontario communities. Most specialist consultations are OHIP-covered, with select services offered on a private-pay basis.
Product overview
Telemed MD is a virtual healthcare platform providing Ontario residents with access to specialist medical care through a unified online patient portal (myDoc). The platform operates as a multi-service healthcare network offering mental health services (psychiatry for children, adults, and seniors, plus psychotherapy), substance use disorder treatment, cosmetic care, internal medicine, and preventative care including weight loss and nutrition consulting. Patients access services via virtual consultations or in-person appointments at clinical locations across Ontario, with referrals processed through an integrated management system. All core specialist consultations are OHIP-covered, while certain services like psychotherapy and nutrition counselling are offered on a private-pay basis.
Differentiator
Problem solved
Functional benefit
Products and services
- Online Patient Portal (myDoc)
Quantifiable outcome
- 100+ OHIP-covered specialists available
- +3 more outcomes
Companies that use Telemed MD
Customer profileNamed customers1 record
Segments5 records
Ideal customer profiles2 records
Telemed MD technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Telemed MD partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- MD ConnectedcoreTelemed MD works in collaboration with their sister company MD Connected to ensure patients have access to comprehensive healthcare. While Telemed MD focuses on specialty care, MD Connected provides convenient and easy access to primary care services across Ontario, including walk-in and family practice services. Patients requiring general medical care are referred to MD Connected.
Scale indicators4 records
Recent moves5 records
Expansion highlights5 records
Telemed MD competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Telemed MD social profiles
Digital presenceTelemed MD financial estimates
Financial estimateRevenue estimate
Valuation estimate
Telemed MD leadership team
Management profileNumber of profiles
Profiles1 record
Telemed MD funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Telemed MD M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Telemed MD
What does Telemed MD do?
Telemed MD operates a virtual specialist healthcare platform serving Ontario residents, providing access to psychiatrists, internal medicine specialists, addiction medicine providers, cosmetic care practitioners, and nutritionists. Services are delivered via an online patient portal (myDoc) and mobile apps offering video and phone consultations, complemented by in-person appointments across a clinical network spanning 150+ Ontario communities. Most specialist consultations are OHIP-covered, with select services offered on a private-pay basis.
Is Telemed MD a public or private company?
Telemed MD is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Telemed MD founded?
Telemed MD was founded in 2020. It employs 1 to 10 people.
Where is Telemed MD based?
Telemed MD is headquartered in Mississauga, Canada, in the North America region.
How does Telemed MD make money?
Two revenue lines are on record. OHIP Covered Services are the primary driver. The others are uninsured/Private Pay Services.
Does Telemed MD have an API?
No public API is recorded for Telemed MD.
What industry is Telemed MD in?
Telemed MD's product category is Telehealth Specialist Healthcare Services. Its primary akta.pro industry code is HLALABAD, Virtual Specialty Care Platforms (tele-stroke, tele-ICU, tele-derm, tele-cardiology). Its NAICS code is 621111 and its SIC code is 8011.