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Cloud DX Signs Contract with Palliative Program to Provide Remote Monitoring and Health Data Platform

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Cloud DX, trading under the symbol CDXFF, has announced a new contract with an Ontario health center to implement the Connected Health™ remote patient monitoring system for palliative care patients. This initiative aims to enhance the quality of life for patients with serious illnesses by providing continuous monitoring of vital signs and psychological assessments. The program is funded by Ontario Health and marks the third deployment of Connected Health™ in Canada, particularly benefiting underserved populations. The solution facilitates real-time healthcare access, addressing challenges such as symptom management and access to care.

Positive
  • New contract with Ontario health center to deploy Connected Health™ for palliative care.
  • Program aims to improve patient dignity and access to healthcare.
  • Funded by Ontario Health, enhancing financial stability for Cloud DX.
Negative
  • None.

Ontario health centre launches palliative program using Cloud DX platform and its remote care solution, Connected Health™

News in Summary

  • Family health centre to offer Connected Health™ to palliative care patients to improve dignity in care
  • Program funding comes through Ontario Health
  • This contract is the 3rd Palliative Care program to deploy Connected Health for this underserved population.

KITCHENER, ON / ACCESSWIRE / January 23, 2023 / Cloud DX (TSXV:CDX)(OTCQB:CDXFF), a leading health data platform announces a new contract with an Ontario family health centre to bring remote patient monitoring (RPM) to palliative care patients in the community. The digital health innovator continues to showcase the beneficial use of remote care technology in care management heavily relying on monitoring and questionnaires such a mental health, palliative, and/or pain management care programs; This is the 2nd palliative contract in Ontario, and 3rd in Canada, to feature the Connected Health™ solution and Cloud DX virtual care platform.

In a new initiative, the Ontario health centre, along with the support of County community paramedics, is launching a palliative care program to better support patients in the management of serious, chronic, or life-threatening diseases. The program is intended to help patients manage the symptoms of their illnesses, which may include pain and discomfort, nausea, depression, anxiety, stress, and fatigue.

The company's RPM solution, Connected Health™ lets patients record vitals such as blood pressure, heart rate, pulse oximetry, weight, and temperature, at home while their healthcare team monitors readings in near real-time. Patients also engage with customized questionnaires designed to assess their symptoms and condition. Palliative care patients using Connected Health™ will have around-the-clock access to healthcare professionals.

Palliative care is 1of 12 validated use cases for Cloud DX Connected Health, which is also deployed across Canada and the United States for post-surgical monitoring, chronic care management, rehabilitation, neurological disorders, and mental health care.

Cloud DX CEO and Founder, Robert Kaul says "We are excited to partner with another prominent Ontario healthcare organization to launch a remote patient monitoring program for palliative patients in our community. This contract demonstrates our commitment to suppling specialized healthcare at home to some of the most vulnerable patients, including those facing serious, even terminal, illnesses. Remote patient monitoring addresses important challenges in the palliative care specialty, namely the burden of access to care for patients with limited functionality and the prompt assessment and management of symptoms in the comfort of home." 

Funding for the new Palliative care program comes from Ontario Health, a government agency focused on building a modern, connected, and sustainable health care system.

Upcoming Presentation

Cloud DX will present at the Healthcare IT Virtual Conference at 10:30am EST on January 25, 2023. Learn about the company's growth and the expansion of its health data platform directly from CEO and Co-founder, Robert Kaul. Hosted by Maxim Group LLC and M-Vest, interested parties can register here: https://m-vest.com/events/healthcare-it-01252023

Date: January 25, 2023
Time: 10:30 am EST
Register: https://m-vest.com/events/healthcare-it-01252023

About Cloud DX

Accelerating digital healthcare, Cloud DX is on a mission to make healthcare better for everyone. Our 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. Our partners achieve better healthcare and patient outcomes, reduce the need for hospitalization or re-admission, and reduce healthcare delivery costs through more efficient use of resources.

Cloud DX is the co-winner of the Qualcomm Tricorder XPRIZE, 2022 Top Innovator by Canadian Business, a 2021 Edison Award winner, a Fast Company "World Changing Idea" finalist, and one of "Canada's Ten Most Prominent Telehealth Providers." Cloud DX is an exclusive partner to Medtronic Canada, Teladoc Health Canada, and Equitable Life of Canada.

For more information on Cloud DX (TSXV: CDX), visit www.CloudDX.com and follow @CloudDX on Twitter or LinkedIn.

Cloud DX Investor Site https://ir.clouddx.com/overview/default.aspx

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cloud DX Inc., Monday, January 23, 2023, Press release picture

Media Contact

Janine Scott
Marketing Lead
888-543-0944
Janine.Scott@CloudDX.com

Investor Relations Contacts

Canada
Jay Bedard
647-881-8418
Jay.Bedard@CloudDX.com

USA
Gary Zwetchkenbaum
516-455-7662
IR@CloudDX.com

Forward Looking Statements

This news release contains forward-looking statements and information within the meaning of applicable securities legislation. Often, but not always, forward-looking statements and information can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward looking statements or information involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements or information contained in this news release. In particular, this news release includes certain forward-looking statements concerning the advancement of the Company's business and partnerships, the expected proceeds therefrom, regulatory approvals, as well as management's objectives, strategies, beliefs and intentions.

SOURCE: Cloud DX Inc.



View source version on accesswire.com:
https://www.accesswire.com/736382/Cloud-DX-Signs-Contract-with-Palliative-Program-to-Provide-Remote-Monitoring-and-Health-Data-Platform

FAQ

What is Cloud DX's recent contract about?

Cloud DX has signed a contract with an Ontario health center to provide remote monitoring for palliative care patients using their Connected Health™ platform.

How does Connected Health™ benefit palliative care patients?

Connected Health™ allows patients to monitor vital signs at home while providing healthcare teams near real-time access to these readings, improving symptom management.

What is the significance of the funding from Ontario Health?

The funding from Ontario Health supports the implementation of Cloud DX's Connected Health™ solution, ensuring the program's financial backing and sustainability.

When is Cloud DX presenting its growth strategy?

Cloud DX will present at the Healthcare IT Virtual Conference on January 25, 2023, at 10:30 AM EST.

How many palliative care programs are using Connected Health™ in Canada?

This is the third palliative care program in Canada to deploy Connected Health™, highlighting its growing acceptance in the sector.

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