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Medical technology & services

Cloud DX on track to double sales in 2023 with signing of record-breaking 20th contract

Cloud DX (TSX-V:CDX, OTCQB:CDXFF) said it expects to double its sales in 2023 over 2022 with 20 new contracts or contract expansions announced so far this year.

The company noted this achievement with its announcement of a contract with a leading network of 12 primary care clinics in Western Canada to provide Cloud DX (TSX-V:CDX, OTCQB:CDXFF)’s Connected Health remote patient monitoring platform in the region.

This contract will expand the availability of remote patient monitoring to seniors with chronic illnesses, including heart failure, hypertension, chronic obstructive pulmonary disease, and diabetes.

It will initially enrol up to 150 patients at two of the 12 locations, with deployment across additional locations expected in future as patient outcomes improve, the company noted.

“This program will improve access to care and health equity within the region while driving efficiency into caring for some of the country's most complex and vulnerable patients,” Cloud DX CEO Anthony Kaul said in a statement.

"We're honored to be a partner in advancing healthcare in Canada and excited to see the positive impact that the expanded home monitoring program running on the Cloud DX platform will have on the lives and health outcomes of the patients involved.”

Cloud DX is on a mission to make healthcare better for everyone. The company’s Connected Health remote patient monitoring platform is used by healthcare enterprises and care teams across North America to virtually manage chronic disease, enable aging in place, and deliver hospital-quality post-surgical care in the home.

Contact the author at emily.jarvie@proactiveinvestors.com

Follow her on Twitter @emilyjjarvie

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