Cloud DX says subscription revenue was up 90% for fiscal 2Q 2021
The digital health firm also reported an 184% rise to gross profits for the year, with 66% of that coming from financial 2Q
Company
Cloud DX
CVE:CDX
Cloud DX Inc is disrupting the healthcare market with homegrown solutions. The company provides remote patient monitoring hardware, software and recurring revenue services in a low-friction, reimbursable transaction model, coupled with a sales strategy that is driving rapid adoption among North American healthcare providers. Its Cloud DX Connected Health products were invented and developed in Toronto, Canada and are used by healthcare enterprises and care teams across North America to remotely manage chronic conditions, enable ageing in place and deliver hospital-quality post-surgical care in the home. Cloud DX’s Connected Health platform monitors and reports on physiological data including heart and respiratory rate, blood pressure, oxygen saturation, weight, temperature, and blood glucose levels, along with condition-specific surveys, wound care and connection to the patient via two-way messaging and video visits.
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Cloud DX and Dagamma team up to reduce the risk of maternal hypertension
Cloud DX's award-winning Connected Health remote patient monitoring solution will help expectant mothers detect hypertension during pregnancy
Cloud DX reaffirms its commitment to gender equality
The North American disruptor in virtual care said individuals who identify as female currently make up over 50% of Cloud DX employees and contractors
Cloud DX joins forces with two Ontario hospitals to reduce massive surgical backlog using Connected Health technology
The pandemic has caused a backlog of close to 419,000 elective surgeries and 2.5 million diagnostic tests, according to Ontario’s Financial Accountability Office
Cloud DX commences trading on the OTCQB Venture Market
Listing on a US exchange will help increase its exposure to a broader investor audience and elevate its stature with US healthcare payers and providers and the patients they serve.
Cloud DX deploys its Connected Health kit at upmarket Wellness Suites
The company said it is experiencing continued business momentum as health care providers increasingly turn to remote patient monitoring as part of their rapidly maturing virtual care strategies
Cloud DX to manage COPD with remote patient monitoring for the Lung Health Foundation
The 12-month contract can be renewed by Lung Health or any of the participating healthcare partners at the completion of the initial term
Cloud DX says Medicuro Virtual Health Clinic has adopted its remote patient monitoring system
Medicuro will supply the Cloud DX Connected Health platform to patients under its care who are suffering with chronic illnesses such as congestive heart failure and chronic obstructive pulmonary disease
Cloud DX extends contract with Canadian health authority
Under the extension, the company will now provide its Connected Health platform and kits to the authority until end March 2022
Cloud DX partners with Maxwell Telecare to bring round-the-clock virtual care to US long-term care facilities
Maxwell will purchase Cloud DX products and services for deployment with all Maxwell customers in the US
Cloud DX's Pulsewave 2.0 wrist-worn vital sign monitor wins US patent
The device, designed to be easily worn at home, is capable of simultaneously capturing diagnostic-quality blood pressure, heart rate, heartbeat irregularities and respiration rate
Cloud DX teams up with Maple and Curatio to build comprehensive coronavirus remote home care platform
The Virtual COVID-19 Outpatient Program (VCOP) will allow Canadian healthcare organizations to assist coronavirus (COVID-19) patients in their homes by utilizing remote automated monitoring technology, efficient clinical oversight, and dail
Cloud DX says VITALITI continuous vital sign monitor platform won Silver at the 2021 Edison Awards
When fully commercialized, VITALITI will be the first of its kind as a portable, wearable, scientifically validated, medical-grade continuous vital sign monitor for post-operative hospital-to-home patient care
Cloud DX shares to trade on TSX Venture Exchange following closing of qualifying transaction with Roosevelt Capital Group
The qualifying transaction included an oversubscribed brokered private placement that raised nearly C$6.1 million