PsycIME

What PsycIME does

PsycIME is a Canadian-headquartered, privately-held professional services firm founded in 2017 that delivers psychiatrist-led Independent Medical Examinations (IMEs) and medico-legal assessments. The company operates from the Toronto Airport Corporate Centre in Mississauga, Ontario, and serves law firms, insurers, employers, government agencies, and third-party IME companies across 9 Canadian provinces and the United States. Its clinical scope spans subspecialties including general psychiatry, child and adolescent psychiatry, old age psychiatry, administrative psychiatry, and forensic psychiatry, with multilingual delivery in English, French, Hindi, Gujarati, and Cantonese. The firm has documented volume in sensitive verticals, including over 200 sexual assault assessments.

The operating stack is built around conventional clinical and administrative SaaS: Doxy.me for telehealth video, Expeflow for document management, integration with the Ontario HCAI billing portal, and QuickBooks for accounting. A virtual office platform supports remote delivery of assessments. Compliance is maintained under PHIPA, PIPEDA, and HIPAA, reflecting the cross-border Canadian-US footprint. The firm has invested in systematic referral-channel development, with 2025-2026 sponsorships across OTLA, CDL, OBA Class Actions, OBIA Provincial ABI, CCRW DWC, and APTLA events.

The business model is professional services revenue earned per assessment, with pricing provided on a quote basis rather than a published rate card. Revenue is generated by deploying credentialed psychiatrists to produce medico-legal reports for legal and insurance proceedings, with go-to-market executed through referral relationships with plaintiff and defence counsel as well as insurance carriers and government payers. No revenue figures, customer logos, or headcount beyond the 11-50 employee band are disclosed in the available data.

Name

PsycIME

Legal name

PsycIME

Website

https://psycime.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

PsycIME is a Canadian privately-held professional services firm, founded in 2017, that delivers psychiatrist-led Independent Medical Examinations and medico-legal assessments to law firms, insurers, employers, government agencies, and third-party IME companies across Canada and the United States.

Ownership category

akta.pro rank

Headquarters

HQ city

Cambridge

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Psychiatric IME Services: Professional services revenue generated from psychiatrist-led independent medical examinations for legal, insurance, disability, and capacity assessments. Services include CAT assessments, tort threshold evaluations, accident benefits IMEs, disability assessments, capacity assessments, fitness for work evaluations, and sexual assault med-legal assessments. Revenue is per-assessment based with financing options including deferred payment arrangements and flexible billing structures. HCAI submissions managed directly for Ontario auto insurance claims.

Go-to-market motion2 records

Distribution channels6 records

Marketing channels5 records

Core offering

PsycIME provides psychiatrist-led Independent Medical Examinations (IMEs) and medico-legal psychiatric assessments for law firms, insurers, employers, government agencies, and third-party IME companies. Services span catastrophic (CAT) impairment, tort threshold, accident benefits, LTD/STD disability, capacity, fitness-for-work, sexual assault/trauma, and multidisciplinary personal injury cases, delivered via in-person assessments and a secure virtual office platform across Canada and the US.

Product overview

PsycIME is a psychiatrist-led independent medical examination (IME) and medico-legal assessment company offering a comprehensive suite of psychiatric evaluation services. The core offering consists of psychiatrist-led IMEs for catastrophic impairment (CAT), tort threshold, accident benefits, disability (LTD/STD), capacity, fitness-for-work, sexual assault/trauma, and multidisciplinary personal injury cases. Supporting modules include HCAI-supported Diagnosis and Treatment Evaluations, Occupational Therapy Services (FCEs, cognitive assessments, worksite evaluations, life care planning), and Adult ADHD Assessments. Services are delivered through a hybrid model combining in-person assessments at locations across Canada with a secure virtual office platform for remote consultations. The company serves law firms, insurers, employers, government agencies, and individuals across Ontario, Alberta, British Columbia, Manitoba, Saskatchewan, Quebec, Atlantic Canada, and the United States.

Differentiator

Problem solved

Functional benefit

Products and services

• Catastrophic (CAT) Impairment Assessments Psychiatrist-led CAT assessments meeting clinical and legal standards under Ontario's SABS and equivalent Canadian frameworks. Includes Criterion 7 and Criterion 8 proficiency with AMA Guides-based psychiatric integration for determining catastrophic impairment status. Serves law firms and insurers involved in auto insurance catastrophic impairment claims.
• Tort Threshold Assessments Independent psychiatric assessments evaluating whether impairments meet legal tort thresholds for pain and suffering claims under provincial Insurance Act frameworks. Provides causation analysis, trial-ready reports, and neutral peer-reviewed evaluations. For plaintiff and defense personal injury litigation.
• Accident Benefits IMEs Psychiatric IMEs for accident benefit claims supporting MIG determination, medical/rehabilitation benefits, income replacement (pre/post-104 weeks), non-earner benefits, and attendant care determinations under Ontario's SABS. Includes HCAI portal submissions.
• Long-Term and Short-Term Disability (LTD/STD) Assessments Evidence-based psychiatric evaluations for LTD/STD claims serving plaintiff and defense law firms, insurers, employers, and third-party IME companies. Provides robust medical evidence for benefit claims and functional assessments.
• Psychiatric Capacity Assessments Court-ready psychiatric evaluations determining an individual's ability to make informed decisions regarding personal care, health, finances, property, and legal matters. Complies with provincial frameworks including Ontario's Substitute Decisions Act.
• Fitness for Work (FTW) Assessments Psychiatric evaluations determining work readiness with actionable return-to-work recommendations (fit, fit with accommodations, or not fit). Supports duty-to-accommodate obligations and employment law compliance for employers.
• Sexual Assault and Trauma-Informed IMEs Specialized psychiatric assessments for sexual assault and trauma cases with trauma-informed, survivor-centered approach. Covers PTSD, depression, anxiety, dissociation, and functional impact across life domains. Psychiatrists with over 200 sexual assault assessments completed deliver court-defensible opinions and expert testimony.
• Multidisciplinary IMEs for Personal Injury and Civil Medico-Legal Cases Independent multidisciplinary medical assessments for medico-legal matters including slip and falls, dog bites, assaults, and negligence-related psychological harm. Delivers neutral, clinically rigorous opinions on causation and impairment.
• HCAI-Supported Diagnosis and Treatment Evaluations Comprehensive psychiatric assessments providing clear diagnoses and customized treatment suggestions. Hybrid model combining psychiatric expertise with therapist support for accurate diagnosis and practical care pathways. Supports HCAI submissions.
• Occupational Therapy Services Functional and vocational assessments including Functional Capacity Evaluations (FCEs), Cognitive Functional Assessments, Worksite Evaluations, and Life Care Planning conducted by qualified occupational therapists for rehabilitation and return-to-work planning.
• Adult ADHD Assessments Comprehensive adult ADHD assessments grounded in DSM-5-TR diagnostic guidelines including clinical interviews, standardized rating scales, differential diagnosis, and individualized treatment planning for attention, executive functioning, and co-occurring conditions.

Quantifiable outcome

• Over 200 sexual assault psychiatric assessments completed with psychiatrists experienced in institutional, stranger perpetrated, exploitation, coercion, harassment, child/adolescent, and acquaintance related cases.

Named customers5 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered flagship and core.

• Ontario Trial Lawyers Association (OTLA)flagshipGTM or Marketing Partner · 1 January 2026Ruby Sponsor for OTLA 2026 conference activities. OTLA is the leading professional organization for Ontario lawyers representing individuals who have suffered injury or injustice, with over 1,500 members including plaintiff lawyers, law clerks, articling students, and law students. The sponsorship provides brand visibility and credibility within the plaintiff personal injury bar.
• Canadian Defence Lawyers (CDL)flagshipGTM or Marketing Partner · 1 January 2026Silver sponsor of CDL-OTLA Joint Conference 2026. CDL is the only national organization dedicated exclusively to the defence of civil litigation. The sponsorship supports CDL's annual accident benefits and personal injury events, positioning PsycIME as a trusted partner in the defence bar.
• Ontario Bar Association (OBA)coreGTM or Marketing Partner · 1 January 2025Silver Sponsor of the 17th Annual Class Actions Colloquium by OBA's Class Actions Law Section. The Colloquium brings together leading practitioners, in-house counsel, defence and plaintiff firms for discussions on class action practice, social justice litigation, and institutional abuse cases.
• Ontario Brain Injury Association (OBIA)coreGTM or Marketing Partner · 1 January 2025Corporate Sponsor of the 2025 Provincial ABI Conference at Sheraton Fallsview Hotel, Niagara Falls. OBIA is a provincial organization committed to enhancing the lives of individuals and families affected by acquired brain injury through education, advocacy, and partnership.
• Canadian Council on Rehabilitation and Work (CCRW)coreGTM or Marketing Partner · 1 January 2025Proud sponsor and exhibitor at DWC 2025 (Disability and Work in Canada Conference) in Ottawa. CCRW is a national non-profit committed to promoting meaningful and equitable employment for Canadians living with disabilities.
• Atlantic Provinces Trial Lawyers Association (APTLA)coreGTM or Marketing Partner · 1 January 2025Supporter of APTLA Fall Conference in Halifax, NS. APTLA is a non-profit organization representing plaintiff-side trial lawyers in Nova Scotia, New Brunswick, Prince Edward Island, and Newfoundland and Labrador, dedicated to advancing the rights of the injured through advocacy, education, and access to justice.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Dane Street: US-based independent medical examination and peer review organization serving insurance carriers, TPAs, and government payers. Directly comparable in service model, customer segments (insurers/TPAs), and B2B referral-driven GTM, providing a clear cross-border benchmarking peer.
• DriverCheck: Canadian occupational health and medical assessment provider serving employers, insurers, and government. Comparable in B2B medical assessment services and Canadian-wide reach, with overlapping insurance and employer customer segments though more focused on occupational/regulatory assessments than medico-legal psychiatric IMEs.
• MES Solutions: US independent medical examination company providing physician-led evaluations for insurance, legal, and government clients. Directly comparable service model and customer mix, with established US footprint that PsycIME is attempting to enter via virtual assessments.
• Cira Medical: Canadian independent medical evaluation provider offering multidisciplinary assessments for legal, insurance, and employer clients across Canada. Directly comparable as a specialty IME provider targeting law firms and insurers with similar referral-driven B2B GTM motion.

Broad incumbents

• Genex Services (formerly ExamWorks): Genex (which absorbed ExamWorks) is one of the largest US IME and managed care providers serving insurers and employers. Comparable in core IME delivery, but operates as a broad incumbent across multiple clinical disciplines with deep insurer relationships.
• QTC Management (a Leidos company): QTC is a US-based large-scale IME and medical examination provider (subsidiary of Leidos) serving government agencies and commercial insurers. Comparable in core IME service line, with overlap on government disability determination work that PsycIME also targets.
• Medisys (TELUS Health): Medisys, now part of TELUS Health, is a Canadian independent medical examination and corporate health provider serving insurers, employers, and government. Directly comparable in core IME service model and customer base, but operates at meaningfully larger scale and across broader clinical categories than PsycIME's psychiatric focus.
• Calian Health: Calian operates a broader health services portfolio serving government, military, and enterprise customers in Canada. Overlaps with PsycIME in delivering health assessments for regulated and employer populations, but at materially greater scale and scope.

Regional players

• Lifemark Health Group: Lifemark is a Canadian rehabilitation and assessment provider delivering multidisciplinary medico-legal, occupational therapy, and disability management services. Comparable in multidisciplinary assessment model and Canadian reach, with stronger rehabilitation/return-to-work orientation than PsycIME's psychiatric focus.

Others

• WorkSafeBC: British Columbia's provincial workers' compensation board, which commissions psychiatric and multidisciplinary IMEs for workplace injury and mental health claims. Not a direct competitor but a meaningful buyer of psychiatric IME services in PsycIME's Canadian market.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/psycime
• Xx.com/psycime
• Facebookfacebook.com/psycime1

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about PsycIME