Cloud DX Inc said its chief medical officer, Dr Sonny Kohli has joined the IEEE SA Telehealth IC Working Groups, a new IEEE industrial connection program developing technical standards for novel telehealth technologies.
As a global community, the IEEE SA Telehealth IC Working Groups will seek to create internationally applicable standards for telehealth and virtual care adoption. These standards will then be used by regulatory agencies like Health Canada and the US Food and Drug Administration (FDA) to vet and approve the innovative new technologies to come.
The chance to influence and inform the creation of global standards will allow Cloud DX (TSX-V:CDX, OTCQB:CDXFF) to have an even greater impact on the delivery of virtual care around the world, the company said.
READ: Cloud DX says subscription revenue was up 90% for fiscal 2Q 2021
In a statement, Dr Kohl said: "I am honoured to contribute to this important IEEE program, and I look forward to sharing with this prestigious international working group the lessons we've learned at Cloud Dx. Being asked to participate in efforts to standardize digital health care is a testament to the industry's perception of Cloud Dx as a leader in remote care. Clients that value excellence view this as one of our differentiators in the marketplace."
Dr. Keith Thompson, chief medical officer at iTelemed and an IEEE SA telehealth IC Working Groups member added: "We are pleased to have Dr. Kohli join us in the IEEE SA Telehealth IC Working Groups. We need input from industry leaders already disrupting this space, including professionals like Dr. Kohli, who are passionate about making health care equitable around the world. Cloud Dx has been on an incredible trajectory of growth given the accelerated interest in RPM systems during COVID. Sonny has been an inspiration for me personally, and it is truly a milestone for our IEEE SA IC team to be able to work alongside him as we create the future standards for telehealth adoption."
The Institute of Electrical and Electronics Engineers Standards Association is an operating unit within IEEE that develops global standards in a broad range of industries, including power and energy, artificial intelligence systems, Internet of Things, consumer technology and consumer electronics, biomedical and health care, information technology, robotics, telecommunication, home automation, automotive, transportation, nanotechnology, and many more.
IEEE SA is not a body formally authorized by any government, but rather a community that provides a neutral platform that unites communities for standard development and technological innovation, and is independent of any government oversight. IEEE SA develops standards that are consensus-based and offer balance, openness and fair procedures. Technical experts from all over the world participate in the development of IEEE standards.
New CFO sought
Cloud DX also announced that its chief financial officer Stephanie Bird has opted to leave the company for a new opportunity with a private Toronto-based company, effective September 30, 2021.
The company said it thanked Bird for all her incredible hard work as the company completed its go-public process in 2021, and wished her every success in her new role, and will work with her on an orderly transition. Clod DX added that it is currently engaged in a selection process to choose a new CFO on or before Oct. 1, 2021.
Cloud Dx's connected health remote patient monitoring platform is used by health care enterprises and care teams across North America to virtually manage chronic disease, enable aging in place and deliver hospital-quality postsurgical care.
Providers partnering with Cloud Dx achieve better health care and patient outcomes, reduce the need for hospitalization/rehospitalization, and reduce the costs of health care delivery through more efficient use of resources. Cloud Dx is the co-winner of the Qualcomm Tricorder Xprize, a 2021 Edison award winner, a Fast Company world-changing-idea finalist and one of Canada's 10 most prominent telehealth providers.
Contact the author at jon.hopkins@proactiveinvestors.com