Cloud DX (TSX-V:CDX, OTCQB:CDXFF) said it has been selected as the remote patient monitoring (RPM) platform for Hamilton Health Sciences' (HHS) Surgical Transitions program.
Launching this month, the program will monitor selected surgical patient populations using Cloud DX (TSX-V:CDX, OTCQB:CDXFF)'s Connected Health platform supported by HHS's Virtual Nursing Station.
The company said HHS is deploying Connected Health kits acquired in 2020-2021 in a new way, focusing on improving post-surgical outcomes after a successful national study proved the benefits of virtual care for that patient population. Additional kits will be purchased as needed to grow the program.
READ: Cloud DX says post-surgical monitoring wearable validated in peer-reviewed study
Cloud DX (TSX-V:CDX, OTCQB:CDXFF) said patient outcome data will be included in research conducted by scientists at the Population Health Research Institute (PHRI) at McMaster University to further prove the benefits and return on investment (ROI) of remote automated monitoring. This contract comes after the company's recent announcement of an exclusive virtual care partnership with Medtronic Canada.
"Virtual Care and Remote Automated Monitoring offer many benefits; I believe this will become standard care after surgery going forward,” said Dr. PJ Deveraux, lead scientist at PHRI and cardiologist at HHS, in a statement.
“Recent research, completed by our team, shows that 30% of surgery patients are sent home with one, often two, medication errors, a poor outcome that was caught and easily corrected with Cloud DX's technology. We also noted a 5% reduction in acute hospital care (that is emergency department visits and re-admissions to hospital) with patients using remote monitoring technology.”
Cloud DX CEO Robert Kaul said HHS has now made Cloud DX Connected Health the “standard of care” for many surgical patients -- a giant step for virtual care in Canada.
Kaul added: “As for an impact on Cloud DX's business, this contract will improve many people's lives. It is also a signal to healthcare systems across Canada and the United States that virtual care is here to stay, and HHS Surgical Transitions is a shining example of a successful RPM implementation. For the company, this agreement represents a significant step toward our next milestone of enrolling 10,000 patients."
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