CLOUD DX Renews 11 Customer Contracts High 2024 contract renewal rate demonstrates continued client satisfaction.
News in Summary
- From January 1, 2024 to March 26, 2024 Cloud DX has renewed 11 contracts for Connected Health products and services, and hopes to renew 3 additional contracts by March 31.
- Renewing customers included 3 hospitals, 2 primary care clinics, 2 family health teams, 5 community paramedic services, the Canadian Lung Health Foundation and a Provincial health department
- Including orders for new Connected Health Kits and projected annual recurring revenues, completed renewals are expected to generate $1.25 million CAD revenue, of which $410,000 CAD is expected to flow in 2024.
- Cloud DX has now announced 16 new contracts, renewals or purchase orders valued at over $4.0M CAD since January 1, 2024, along with new customers VHA Home HealthCare, Sanrai International and Ottawa Hospital Research Institute.
KITCHENER, ON / ACCESSWIRE / March 27, 2024 / Cloud DX (TSXV:CDX)(OTCQB:CDXFF), a leading North American provider of virtual care and remote patient monitoring platforms is pleased to announce that it hopes that 100% of clients whose contracts are expiring in the first quarter of 2024 will renew. Of 14 potential renewals, 11 are renewed as of this date with 3 more .
CLOUD DX Renews 11 Customer Contracts Valued at $1.25 Million (accesswire.com)