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Cloud DX Inc V.CDX.H

Alternate Symbol(s):  CDXFF

Cloud DX Inc. is a Canada-based medical device manufacturer and software developer company that offers a complete virtual healthcare platform called Cloud DX Connected Health. It has developed a family of medical devices, each of which collects multiple vital signs. Its customers purchase Connected Health to remotely monitor patients with a variety of conditions, including serious chronic illnesses, such as chronic obstructive pulmonary disease and congestive heart failure, as well as patients recovering from surgery and COVID-19 patients outside of hospitals. Its customers include academic medical institutions, large hospitals and provincial health authorities in Canada, and physician practices and hospitals in the United States. Its Connected Health Kits include its Cloud DX Bluetooth pulse oximeter, the Cloud DX wireless weight scale and optionally, a wireless Bluetooth blood pressure monitor, digital thermometer, and digital wireless glucose meter from third party suppliers.


TSXV:CDX.H - Post by User

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Post by colimaon Nov 02, 2021 10:17am
197 Views
Post# 34076842

Any Results

Any Results

Patient-First Program Opens Direct Access to thousands of US Patients

  • Cloud DX partners with Prizm Media on a new ‘patient-first' program to improve patient access to RPM in a uniquely scalable way.
  • The contract gives Cloud DX and physician partners immediate access to thousands of patients with chronic illnesses in initial rollout states (Illinois, New Jersey, and Florida) through Prizm's extensive patient database.
  • On launch, Cloud DX plans to connect up to 2,000 eligible US seniors to its Connected HealthTM platform. Once fully deployed this equates to approximately US$1.4 million (CAD $1.8 million) per year in revenue at an expected gross margin of 75%.
  • By pre-qualifying and educating patients, Cloud DX plans to reduce the current timeline between signing an RPM contract with a provider and enrolling patients.How is this contract doing

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