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CognisantMD

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uuid000x7je

Namestring
CognisantMD
Legal namestring
OceanMD
Websiteurl
cognisantmd.com
Company typeenum
Private
Founded yearint
2014
Descriptiontext

CognisantMD, operating commercially as OceanMD, is a Toronto-based digital health company that provides EMR-integrated patient engagement and provider network tools to Canadian healthcare organisations. The Ocean Platform comprises two solution suites: the Patient Engagement Suite, which includes Online Booking, Patient Messages, Patient Reminders, Check-In Kiosks and Tablets, Self-Serve Forms, and Ocean Studies; and the Ocean Provider Network, which coordinates care through eReferrals, eConsults, eSubmissions, eOrders, and Care Networks. The platform is built around deep, standards-based integrations with Canada's four leading electronic medical record systems (PS Suite, Med Access, Accuro, and Oscar Pro) and supports Ontario Health's ONE ID for provincial single sign-on. Reported scale metrics include more than 50,000 clinicians, administrators, and staff using the platform, over 4 million monthly patient engagements, and more than 170,000 monthly eReferrals.

The company operates a B2B SaaS model with annual subscription billing and quote-based enterprise pricing, distributed through direct enterprise sales to healthcare providers, clinic administrators, and healthcare systems. The business was co-founded by Dr. Doug Kavanagh, a practising family physician with the North York Family Health Team who serves as medical director, providing clinical credibility with provider buyers. CognisantMD is privately held and operates as a subsidiary of WELLHealth Technologies Corp (TSX: WELL), a publicly-traded health technology company, branded as a WELLSTAR company. Headcount is reported at 11–50 employees, and the operating geography is exclusively Canada, with all current customers and integrations domestic.

Recent product development has focused on workflow automation and platform extensibility. Autofill Templates for Order Sets were launched in December 2025 to reduce manual data entry in eRequests; an eSubmissions workspace launched in April 2026 to support electronic submission of administrative health forms to government programs, insurers, and public agencies; and Ocean Labs was introduced in April 2026 as an innovation initiative for future digital health development and third-party integrations. The company does not disclose revenue or funding rounds in the available data, and there are no disclosed AI/ML capabilities, patents, or external awards.

Short descriptiontext

CognisantMD (OceanMD) is a Toronto-based digital health company providing EMR-integrated patient engagement, eReferral, and care-coordination tools to Canadian healthcare providers, clinics, and health systems through its Ocean Platform, operating as a subsidiary of WELLHealth Technologies Corp.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersToronto, Canada
HQ citystring
Toronto
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
patient engagement software, EMR-integrated eReferrals, healthcare communication platform, clinical workflow automation, digital health forms
Industry2 codes
1Real-World Data (RWD) Platforms & Clinical Data Curation
CodeHLACAIAJPrimaryYes
2Clinical & Translational Informatics (Clinical Data Integration/Real-World Data for R&D)
CodeHLAGAJAFPrimaryNo
NAICS code3 codes
  • Software Publishers5132
  • Software Publishers513210
  • Computer Systems Design and Related Services54151
SIC code2 codes
  • Services-Prepackaged Software7372
  • Services-Health Services8000
Product category
Healthcare Patient Engagement Software
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1SaaS Platform Subscription
TypeSubscription Recurring
Description

OceanMD operates as a B2B SaaS platform providing digital health tools to healthcare providers, clinics, and health systems on a subscription basis. Pricing is not publicly disclosed; the website features a 'View Pricing' link indicating quote-based enterprise pricing.

oceanmd.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Pricing details1 tier
1Quote-based enterprise pricing
ModelSubscriptionBilling cadenceAnnual
Notes

Pricing not publicly disclosed; direct sales team engagement required for quotes.

oceanmd.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

CognisantMD (branded as OceanMD) develops and operates the Ocean Platform, a cloud-based, EMR-integrated digital health platform sold to Canadian healthcare providers, clinics, and health systems. The platform delivers a Patient Engagement Suite (online booking, secure messaging, reminders, check-in kiosks, self-serve forms, research engagement) and the Ocean Provider Network for standards-based care coordination via eReferrals, eConsults, eSubmissions, and eOrders. It is distributed as a subscription SaaS product and is embedded within Canada's leading electronic medical record systems.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • 50K+ clinicians, admins and staff using Ocean platform
+2 more records
Product overview1 text field

The Ocean Platform by OceanMD is a unified healthcare communication platform that connects patients to providers, clinics to hospitals, and healthcare systems to each other. The platform comprises two main solution suites: (1) the Patient Engagement Suite including Online Booking, Patient Messages, Patient Reminders, Check-In Kiosks & Tablets, Self-Serve Forms, and Ocean Studies; and (2) the Ocean Provider Network for coordinating care through eReferrals, eConsults, eSubmissions, eOrders, and Care Networks. The platform integrates with Canada's leading EMRs and supports Ontario ONE ID single sign-on. Additional offerings include Ocean Forms Library, Ocean Horizons integration program, and Ocean Labs innovation initiative. The platform serves over 50,000 clinicians and staff, facilitating 4 million monthly patient engagements and 170,000 monthly eReferrals.

Product and service1 record
1Ocean Platform
Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
1PS Suite (Telus Health)
Strategic tierCoreTypeTechnology or Integration
Description

Deep EMR integration with PS Suite (Telus Health), one of Canada's leading electronic medical record systems. Ocean's patient engagement and provider network tools are fully integrated into PS Suite, enabling seamless clinical workflows for physicians using this platform.

oceanmd.com
Strategic tierCoreTypeTechnology or Integration
Description

Deep EMR integration with Med Access (TELUS Health), enabling Ocean platform tools to be accessible within the Med Access EMR interface for Canadian physicians.

Strategic tierCoreTypeTechnology or Integration
Description

Deep EMR integration with Accuro (MRP Biome), making Ocean's digital health tools available to Accuro EMR users across Canada.

Strategic tierCoreTypeTechnology or Integration
Description

Deep EMR integration with Oscar Pro (Oscar Health), providing access to Ocean's patient engagement and provider coordination tools for Oscar Pro EMR users.

Strategic tierCoreTypeTechnology or Integration
Description

Integration with Ontario Health's ONE ID identity management system, enabling Ontario healthcare providers to sign in to the Ocean platform using their ONE ID credentials. This provincial integration supports healthcare system adoption in Ontario.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Canadian provider of eReferral, wait-list management, and care coordination software to hospitals and health authorities — closely comparable to Ocean's eReferrals, eConsults, and Care Networks modules.

TypeDirect peer
Description

Canadian healthcare software company delivering EMR-integrated clinical decision support, forms, and workflow tools to providers — directly overlapping with Ocean's EMR-integrated forms and clinical workflow products.

TypeEmerging player
Description

Canadian virtual-care platform offering online booking, messaging, and provider consultations — overlapping with Ocean's online booking, patient messages, and broader patient-engagement suite, though primarily consumer-direct.

TypeRegional player
Description

US-based patient-engagement platform offering online scheduling, reminders, messaging, and intake forms integrated with US EHRs — functionally analogous to Ocean's Patient Engagement Suite, but operating in a different geography.

TypeBroad incumbent
Description

Owns PS Suite and Med Access, two of Ocean's key EMR partners, and offers a broad portfolio of EMR, virtual care, and patient-engagement tools across Canada — both a key integration partner and a potential competitor.

TypeEmerging player
Description

Canadian virtual care and employee health platform with messaging, booking, and triage capabilities — comparable in patient-engagement functionality, though primarily employer-sponsored rather than clinician-embedded.

TypeBroad incumbent
Description

Publicly-traded Canadian digital health platform (TSX: WELL) and parent company of OceanMD. Operates a much broader portfolio of EMR, telehealth, and clinic services, making it both Ocean's owner and a higher-level comparable in Canadian digital health.

TypeOthers
Description

Federally-funded Canadian digital health organization that funds and sets interoperability standards Ocean relies on for eReferral and EHR integration — not a competitor, but a key ecosystem and policy actor shaping Ocean's market.

TypeDirect peer
Description

Canadian health-tech vendor focused on interoperability and digital care coordination between clinics, hospitals, and home care — directly comparable to Ocean's care-network and eReferral positioning.

TypeBroad incumbent
Description

Long-standing Canadian EMR and practice-management vendor (Accuro) — Ocean's EMR integration partner on one side and a competitor providing clinic-level workflow tools on the other.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

Integration5 records

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

CognisantMD

Healthcare Patient Engagement Softwarecognisantmd.com

CognisantMD (OceanMD) is a Toronto-based digital health company providing EMR-integrated patient engagement, eReferral, and care-coordination tools to Canadian healthcare providers, clinics, and health systems through its Ocean Platform, operating as a subsidiary of WELLHealth Technologies Corp.

What CognisantMD does

CognisantMD, operating commercially as OceanMD, is a Toronto-based digital health company that provides EMR-integrated patient engagement and provider network tools to Canadian healthcare organisations. The Ocean Platform comprises two solution suites: the Patient Engagement Suite, which includes Online Booking, Patient Messages, Patient Reminders, Check-In Kiosks and Tablets, Self-Serve Forms, and Ocean Studies; and the Ocean Provider Network, which coordinates care through eReferrals, eConsults, eSubmissions, eOrders, and Care Networks. The platform is built around deep, standards-based integrations with Canada's four leading electronic medical record systems (PS Suite, Med Access, Accuro, and Oscar Pro) and supports Ontario Health's ONE ID for provincial single sign-on. Reported scale metrics include more than 50,000 clinicians, administrators, and staff using the platform, over 4 million monthly patient engagements, and more than 170,000 monthly eReferrals.

The company operates a B2B SaaS model with annual subscription billing and quote-based enterprise pricing, distributed through direct enterprise sales to healthcare providers, clinic administrators, and healthcare systems. The business was co-founded by Dr. Doug Kavanagh, a practising family physician with the North York Family Health Team who serves as medical director, providing clinical credibility with provider buyers. CognisantMD is privately held and operates as a subsidiary of WELLHealth Technologies Corp (TSX: WELL), a publicly-traded health technology company, branded as a WELLSTAR company. Headcount is reported at 11–50 employees, and the operating geography is exclusively Canada, with all current customers and integrations domestic.

Recent product development has focused on workflow automation and platform extensibility. Autofill Templates for Order Sets were launched in December 2025 to reduce manual data entry in eRequests; an eSubmissions workspace launched in April 2026 to support electronic submission of administrative health forms to government programs, insurers, and public agencies; and Ocean Labs was introduced in April 2026 as an innovation initiative for future digital health development and third-party integrations. The company does not disclose revenue or funding rounds in the available data, and there are no disclosed AI/ML capabilities, patents, or external awards.

CognisantMD firmographics

Firmographics
Name
CognisantMD
Legal name
OceanMD
Website
https://cognisantmd.com
Company type
Private
Founded year
2014
Operating status
Operating
Headcount range
11–50 employees
Short description
CognisantMD (OceanMD) is a Toronto-based digital health company providing EMR-integrated patient engagement, eReferral, and care-coordination tools to Canadian healthcare providers, clinics, and health systems through its Ocean Platform, operating as a subsidiary of WELLHealth Technologies Corp.
Ownership category
akta.pro rank

CognisantMD industry classification

Industry
Product category
Healthcare Patient Engagement Software
NAICS
Software Publishers (5132), Software Publishers (513210), Computer Systems Design and Related Services (54151)
SIC
Services-Prepackaged Software (7372), Services-Health Services (8000)
akta.pro primary industry
Real-World Data (RWD) Platforms & Clinical Data Curation (HLACAIAJ)
akta.pro secondary industry
Clinical & Translational Informatics (Clinical Data Integration/Real-World Data for R&D) (HLAGAJAF)

Keywords

  • Patient engagement software
  • EMR-integrated eReferrals
  • Healthcare communication platform
  • Clinical workflow automation
  • Digital health forms

Where CognisantMD is headquartered

Location

Headquarters

HQ city
Toronto
HQ country
Canada
HQ region
North America

Offices1 record

Markets served

CognisantMD business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

  1. SaaS Platform Subscription: OceanMD operates as a B2B SaaS platform providing digital health tools to healthcare providers, clinics, and health systems on a subscription basis. Pricing is not publicly disclosed; the website features a 'View Pricing' link indicating quote-based enterprise pricing.

Pricing tiers

ModelBillingPrice
SubscriptionAnnualQuote-based enterprise pricing

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

CognisantMD product offering

Product offering

Core offering

CognisantMD (branded as OceanMD) develops and operates the Ocean Platform, a cloud-based, EMR-integrated digital health platform sold to Canadian healthcare providers, clinics, and health systems. The platform delivers a Patient Engagement Suite (online booking, secure messaging, reminders, check-in kiosks, self-serve forms, research engagement) and the Ocean Provider Network for standards-based care coordination via eReferrals, eConsults, eSubmissions, and eOrders. It is distributed as a subscription SaaS product and is embedded within Canada's leading electronic medical record systems.

Product overview

The Ocean Platform by OceanMD is a unified healthcare communication platform that connects patients to providers, clinics to hospitals, and healthcare systems to each other. The platform comprises two main solution suites: (1) the Patient Engagement Suite including Online Booking, Patient Messages, Patient Reminders, Check-In Kiosks & Tablets, Self-Serve Forms, and Ocean Studies; and (2) the Ocean Provider Network for coordinating care through eReferrals, eConsults, eSubmissions, eOrders, and Care Networks. The platform integrates with Canada's leading EMRs and supports Ontario ONE ID single sign-on. Additional offerings include Ocean Forms Library, Ocean Horizons integration program, and Ocean Labs innovation initiative. The platform serves over 50,000 clinicians and staff, facilitating 4 million monthly patient engagements and 170,000 monthly eReferrals.

Differentiator

Problem solved

Functional benefit

Products and services

  • Ocean Platform

Quantifiable outcome

  • 50K+ clinicians, admins and staff using Ocean platform
  • +2 more outcomes

Companies that use CognisantMD

Customer profile

Named customers1 record

Segments3 records

Ideal customer profiles3 records

CognisantMD technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration5 records

Feature5 records

CognisantMD partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core.

  • PS Suite (Telus Health)coreTechnology or IntegrationDeep EMR integration with PS Suite (Telus Health), one of Canada's leading electronic medical record systems. Ocean's patient engagement and provider network tools are fully integrated into PS Suite, enabling seamless clinical workflows for physicians using this platform.
  • Med Access (TELUS Health)coreTechnology or IntegrationDeep EMR integration with Med Access (TELUS Health), enabling Ocean platform tools to be accessible within the Med Access EMR interface for Canadian physicians.
  • Accuro (MRP Biome)coreTechnology or IntegrationDeep EMR integration with Accuro (MRP Biome), making Ocean's digital health tools available to Accuro EMR users across Canada.
  • Oscar Pro (Oscar Health)coreTechnology or IntegrationDeep EMR integration with Oscar Pro (Oscar Health), providing access to Ocean's patient engagement and provider coordination tools for Oscar Pro EMR users.
  • Ontario Health (ONE ID)coreTechnology or IntegrationIntegration with Ontario Health's ONE ID identity management system, enabling Ontario healthcare providers to sign in to the Ocean platform using their ONE ID credentials. This provincial integration supports healthcare system adoption in Ontario.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

CognisantMD competitors and assessment

Company assessment

Direct peers

  • Novari Health: Canadian provider of eReferral, wait-list management, and care coordination software to hospitals and health authorities — closely comparable to Ocean's eReferrals, eConsults, and Care Networks modules.
  • Think Research: Canadian healthcare software company delivering EMR-integrated clinical decision support, forms, and workflow tools to providers — directly overlapping with Ocean's EMR-integrated forms and clinical workflow products.
  • Verto Health: Canadian health-tech vendor focused on interoperability and digital care coordination between clinics, hospitals, and home care — directly comparable to Ocean's care-network and eReferral positioning.

Emerging players

  • Maple Corporation: Canadian virtual-care platform offering online booking, messaging, and provider consultations — overlapping with Ocean's online booking, patient messages, and broader patient-engagement suite, though primarily consumer-direct.
  • Dialogue Health Technologies: Canadian virtual care and employee health platform with messaging, booking, and triage capabilities — comparable in patient-engagement functionality, though primarily employer-sponsored rather than clinician-embedded.

Regional players

  • Luma Health: US-based patient-engagement platform offering online scheduling, reminders, messaging, and intake forms integrated with US EHRs — functionally analogous to Ocean's Patient Engagement Suite, but operating in a different geography.

Broad incumbents

  • TELUS Health: Owns PS Suite and Med Access, two of Ocean's key EMR partners, and offers a broad portfolio of EMR, virtual care, and patient-engagement tools across Canada — both a key integration partner and a potential competitor.
  • WELLHealth Technologies Corp: Publicly-traded Canadian digital health platform (TSX: WELL) and parent company of OceanMD. Operates a much broader portfolio of EMR, telehealth, and clinic services, making it both Ocean's owner and a higher-level comparable in Canadian digital health.
  • QHR Technologies: Long-standing Canadian EMR and practice-management vendor (Accuro) — Ocean's EMR integration partner on one side and a competitor providing clinic-level workflow tools on the other.

Others

  • Canada Health Infoway: Federally-funded Canadian digital health organization that funds and sets interoperability standards Ocean relies on for eReferral and EHR integration — not a competitor, but a key ecosystem and policy actor shaping Ocean's market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

CognisantMD social profiles

Digital presence

CognisantMD financial estimates

Financial estimate

Revenue estimate

Valuation estimate

CognisantMD leadership team

Management profile

Number of profiles

Profiles2 records

CognisantMD funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

CognisantMD M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about CognisantMD

What does CognisantMD do?

CognisantMD (branded as OceanMD) develops and operates the Ocean Platform, a cloud-based, EMR-integrated digital health platform sold to Canadian healthcare providers, clinics, and health systems. The platform delivers a Patient Engagement Suite (online booking, secure messaging, reminders, check-in kiosks, self-serve forms, research engagement) and the Ocean Provider Network for standards-based care coordination via eReferrals, eConsults, eSubmissions, and eOrders. It is distributed as a subscription SaaS product and is embedded within Canada's leading electronic medical record systems.

Is CognisantMD a public or private company?

CognisantMD is a private company. It is classified as corporate owned and is currently operating.

When was CognisantMD founded?

CognisantMD was founded in 2014. It employs 11 to 50 people.

Where is CognisantMD based?

CognisantMD is headquartered in Toronto, Canada, in the North America region.

How does CognisantMD make money?

One revenue line is on record: saaS Platform Subscription.

Who are CognisantMD's main competitors?

Direct peers on record are Novari Health, Think Research and Verto Health. Emerging players are Maple Corporation and Dialogue Health Technologies. Luma Health is listed as a regional player. Broad incumbents are TELUS Health, WELLHealth Technologies Corp and QHR Technologies. Canada Health Infoway is listed as an others.

Does CognisantMD have an API?

No public API is recorded for CognisantMD.

What industry is CognisantMD in?

CognisantMD's product category is Healthcare Patient Engagement Software. Its primary akta.pro industry code is HLACAIAJ, Real-World Data (RWD) Platforms & Clinical Data Curation, with a secondary code of HLAGAJAF, Clinical & Translational Informatics (Clinical Data Integration/Real-World Data for R&D). Its NAICS code is 5132 and its SIC code is 7372.

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Live signals
PR NewswireWELL Health Announces Support of Ontario Government Initiatives to Reduce Wait TimesWELL Health Technologies Corp. announced support for the Ontario Government's plan to reduce patient wait times for surgical and diagnostic imaging procedures by leveraging existing community clinics. The initiative, announced by Premier Doug Ford and Health Minister Sylvia Jones on January 16th, aims to eliminate surgical backlogs in areas including MRI, CT, colonoscopy, and endoscopy services. WELL's subsidiary MyHealth Partners is the largest single license holder for specialty diagnostic clinics in Ontario, and another subsidiary CognisantMD's Ocean platform has been shown to reduce unnecessary MRIs by 12% and wait times by 20%.PR NewswireWELL Health Provides Business Update Reflecting Record Revenues in May; Setting the Stage for Strong Q2WELL Health Technologies Corp. reported record revenues in May 2022, achieving 260,337 omni-channel patient visits representing a 40% year-over-year increase, with total patient interactions reaching 311,739 for the month. The company's US-based virtual care subsidiaries Circle Medical and Wisp exceeded $110 million in combined annualized revenue run-rate with over 150% YoY growth and positive Adjusted EBITDA, while the CognisantMD Ocean platform processed over 45,000 monthly patient referrals in Ontario and Nova Scotia. WELL reaffirmed its 2022 guidance of exceeding $525 million in revenue and approaching $100 million in Adjusted EBITDA, positioning the company for a strong Q2 performance.PR NewswireWELL Health Provides Organic Growth Update for Ocean, WELL's Patient Engagement and eReferral PlatformWELL Health Technologies reported that its subsidiary CognisantMD achieved $4.3 million in SaaS ARR with 73% year-over-year organic growth and positive EBITDA profitability as of January 2022. The Ocean Platform expanded to over 2,000 active clinics across Canada and is deepening interoperability with key Hospital Information Systems and Electronic Medical Records.PR NewswireWELL Health Provides Update on the Organic Growth of its Virtual Services Business, and announces Tuck-in Acquisition of CognisantMD's Ocean Platform, Canada's Leader in Patient Engagement TechnologyWELL Health Technologies completed the acquisition of CognisantMD and its Ocean Platform, a leading Canadian digital patient engagement and eReferral software provider, for approximately $10.57 million in cash plus potential earn-outs. Concurrently, WELL reported that its Virtual Services business achieved over 50% organic growth in Q3 2021, reaching a run-rate revenue of nearly $110 million with positive Adjusted EBITDA.GlobeNewswireCognisantMD Breaks Mobile Barriers in Healthcare, Enabling Canadians to Contribute to their Electronic Patient Record Over 100,000 TimesCognisantMD announced it surpassed 100,000 patient record updates on its Ocean Platform, a cloud-based software for patients to contribute to electronic medical records. The platform, launched under a year ago, is used at over 50 clinics in Ontario, including St. Michael's Hospital and Sunnybrook Health Science Centre.