Cloud DX (TSX-V:CDX, OTCQB:CDXFF) Inc said it has increased the number of contracts it has signed by 142% year-over-year as the company announced a new contract with a fourth paramedic service provider.
The company said an Ontario County paramedic service has selected its Connected Health Platform which will introduce remote patient monitoring to the community to improve population health, patient outcomes, and alleviate burdens on its hospital system.
Cloud DX (TSX-V:CDX, OTCQB:CDXFF) has signed 17 contracts or contract extensions so far in 2022, exceeding the total number of contracts signed in 2021, it said.
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Cloud DX’s Connected Health kit includes a tablet and biometric vital sign devices to record patient health data, creating a self-management environment for homebound patients awaiting long-term care accommodations, the chronically ill, and/or post-surgical care patients.
The technology allows EMS providers to keep tabs on their patients and intervene earlier to change behaviour, send a home-care nurse to make a house call, or dispatch ambulances earlier.
Cloud DX chief operating officer Anthony Kaul said: “At home remote monitoring is critical to improving the health of vulnerable populations such as community members with chronic conditions or seniors who wish to live independently for as long as possible.”
Cloud DX is on a mission to make healthcare better for everyone with its Connected Health remote patient monitoring platform 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.
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