BOSTON, December 11, 2019- SilverCloud Health, the leading digital mental health platform, announced today its exclusive partnership with Health Solutions by ShoppersTM, a division of Shoppers Drug Mart, Canada’s largest retail pharmacy chain and part of the country’s largest employer group.
This partnership will enhance employee benefits for Canadian employers by offering evidence based digital behavioural and mental health treatment options for inclusion in their health benefit plans.
“Employers and health systems alike are increasingly recognizing the importance of the whole health of their employees to improve workplace performance and this needs to include mental and behavioural health to be effective. This partnership with Health Solutions by ShoppersTM, enables the potential for all Canadians to now have earlier, easier access to evidence-based, digital mental treatment for depression, anxiety and stress anytime they need it,” says SilverCloud CEO, Ken Cahill.
Among all medical conditions, depression may have the greatest negative impact on productivity and absenteeism in the workplace. Canadian researchers estimate that about half of employees with moderate depression do not get treatment. Major barriers include stigma, poor access to care (due to wait times or inconvenience) and affordability (since benefit plan maximums for psychotherapy can lead to high out-of-pocket costs).
“As the exclusive Canadian partner of SilverCloud Health, we are excited to bring internet-based cognitive behavioural therapy to employers,” says Mark Rolnick, Vice-President, Payor Partnerships & Plan Sponsor Innovation at Shoppers Drug Mart. “Canadian employers will be able to supplement their coverage of drug therapy, which is often an important part of treatment and recovery, with an innovative, cost-effective psychotherapy offering.”
SilverCloud’s award-winning platform uses cognitive behavioral therapy (CBT) to treat mental health issues such as depression and/or anxiety. CBT is a proven form of psychotherapy that is the most widely used form of psychotherapy delivered in face to face therapy today, focusing on problem-solving and the achievement of practical goals.
A large employer itself, Shoppers Drug Mart is leading by example by incorporating the SilverCloud mental health platform into its own health benefit plan. “As an organization with a large network of retail pharmacies across the country, we are very much aware of the impact that poor mental health can have on employees as well as their co-workers and the customers they serve. We’re thrilled to offer and promote internet-based cognitive behavioural therapy to all employers in our retail network and their employees, and we encourage other employers to do the same,” says Zebrina Kassam, Senior Vice-President, Human Resources at Shoppers Drug Mart.
About SilverCloud Health – SilverCloud Health is the world’s leading digital mental health company, enabling healthcare organizations to deliver clinically validated digital health/therapeutic care that improves outcomes, increases access and scale while reducing costs. The company’s multi-award-winning digital mental health platform is a result of over 16 years of clinical research with leading academic institutions. Today, SilverCloud is being used by over 250 organizations globally to meet their populations’ mental health needs. Global experts have deeply validated the platform through full randomized control trials and real-world data from over 300,000 SilverCloud users.
About HealthSolutions by Shoppers Drug Mart – HealthSolutions by Shoppers Drug Mart is a division of Shoppers Drug Mart and Loblaw Companies Ltd., which operate more than 1,700 pharmacies across Canada. HealthSolutions by Shoppers Drug Mart is committed to helping plan sponsors and insurers deliver employee health benefits more cost-effectively, by putting the focus on improved health outcomes.