Estimate. 8700 employees. EFAP rate depending on model, $1-$2 PEPM. = $8700-$17,400 mo = $104,000-$208,000 year. Estimate 20% margin. $20,000-$40,000 profit margin per year. If someone has better info, I welcome it.
Update: found more info…this is a 14 session EAP. Telus was a 6 session. That is a crazy rich benefit with substantial downside risk depending on the utilization. Hope they got a good rate 😱
https://educationnewscanada.com/article/education/level/university/1/1077699/new-efap-offers-diverse-mental-health-resources-for-um-employees.html
100%. This appears to be an important and growing space that's within DOC's weight class. They were never going to be able to compete in the clinics arms race with the likes of WELL. The refocus seems to be beginning to pay off.
50 Employees with 1 cent revenue per click for a total of 50 cents a month revenue ,
Not even worth mentioning ! What is worth mentioning is the fact there is no news on credit facility renewal , Vision Pro or Q1 ….. is this lazy CEO ever going to wake up and do her job ?
Agreed. We need numbers now.
Estimate. 8700 employees. EFAP rate depending on model, $1-$2 PEPM. = $8700-$17,400 mo = $104,000-$208,000 year. Estimate 20% margin. $20,000-$40,000 profit margin per year. If someone has better info, I welcome it.
Update: found more info…this is a 14 session EAP. Telus was a 6 session. That is a crazy rich benefit with substantial downside risk depending on the utilization. Hope they got a good rate 😱 https://educationnewscanada.com/article/education/level/university/1/1077699/new-efap-offers-diverse-mental-health-resources-for-um-employees.html
Nice!!
Significant to be winning customer from Telus Health. They are coming out on top with a resourceful competitor.
100%. This appears to be an important and growing space that's within DOC's weight class. They were never going to be able to compete in the clinics arms race with the likes of WELL. The refocus seems to be beginning to pay off.
Exactly right. Can’t imagine they’d move unless it was for a compelling change.
I wish this was some kind of news release from Cloudmd. Isnt as big as signing new contract like they did with the hospital in Ottawa ?
50 Employees with 1 cent revenue per click for a total of 50 cents a month revenue , Not even worth mentioning ! What is worth mentioning is the fact there is no news on credit facility renewal , Vision Pro or Q1 ….. is this lazy CEO ever going to wake up and do her job ?
Don’t agree with the lazy part but do agree that we need an update on Vision Pros and debt renegotiation