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The Markets
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Medical technology & services

Cloud DX inks two contracts with US primary care clinics

The company said the new contracts will contribute to a record-setting quarter for Cloud DX, bringing the total signed contracts this quarter to 12

Cloud DX (TSX-V:CDX, OTCQB:CDXFF) Inc announced that it and its partner Maxwell Telecare have signed two additional new contracts with US-based primary care practices in Illinois.

The company said under its Patient First program, the clinics will deploy Connected Health to control exacerbations, improve quality of life, avoid hospital admissions and emergency room (ER) visits.

It added that the participating Maxwell clinics will prescribe the kits under US codes for reimbursed Remote Patient Monitoring (RPM) and Chronic Care Management, paid for by public and private health insurance.

READ: Cloud DX signs new palliative contract with healthcare team Ontario

“Maxwell Telecare understands the value of RPM and how it improves not only a clinic's return on investment but more importantly improves patient care and patient outcomes,” Cloud DX (TSX-V:CDX, OTCQB:CDXFF) deployment manager Rajani Nair said in a statement.

“As deployments across their network scale, the Maxwell team seamlessly integrates our Connected Health kit as part of their patient offerings, reimbursable in the US for RPM or Chronic Care Management,” Nair added.

The company noted that the new contracts will contribute to a record-setting quarter for Cloud DX (TSX-V:CDX, OTCQB:CDXFF), bringing the total signed contracts this quarter to 12.

Accelerating virtual healthcare, Cloud DX is focused on making healthcare better for everyone. Its 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 Sean at sean@proactiveinvestors.com

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