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Bullboard - Stock Discussion Forum 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... see more

TSXV:CDX.H - Post Discussion

Cloud DX Inc > Any Results
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Post by colima on Nov 02, 2021 10:17am

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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