Cloud DX Signs Contract with US University Nursing School

Rhea-AI Summary

Cloud DX has secured an 18-month contract with a University School of Nursing in Oregon, becoming the exclusive vendor for Telemedicine and Remote Patient Monitoring equipment. This partnership aims to educate nursing students on advanced virtual care systems. The agreement marks the ninth contract executed by Cloud DX in the first quarter of 2022. Hospitals currently using Cloud DX's Connected Health™ platform report over 95% user satisfaction, showcasing the efficacy of its services in enhancing patient outcomes and healthcare efficiency.

Positive

• Secured an 18-month exclusive contract with a prestigious nursing school.
• Ninth contract executed in Q1 2022, indicating strong market demand.
• User satisfaction above 95% reported by hospitals using the platform.

Negative

• None.

Cloud DX supplies Virtual Care and Remote Patient Monitoring hardware and services to educate the next generation of nurses and nurse practitioners in Oregon

News in Summary

• Cloud DX has signed an 18 month contract with University School of Nursing in Oregon
• Company to supply its Connected Health™ hardware, services, and connectivity to educate nursing students on best-in-class virtual care systems
• This is the ninth contract executed or deployed in Q1 2022 for Cloud DX

KITCHENER, ON / ACCESSWIRE / March 8,2022 / Cloud DX (TSXV:CDX) (OTC:CDXFF), Cloud DX, a leading Virtual Care platform, announces today the signing of an 18 month contract as the exclusive vendor for Telemedicine and Remote Patient Monitoring equipment, services, and connectivity with a University Nursing School in Portland, Oregon.

This agreement demonstrates key competitive advantages of the company's Connected Health™ offering: including easy-to-use medical devices, intuitive and flexible user interfaces, and exceedingly high user satisfaction. Two hospitals using Cloud DX platform, The Ottawa Hospital and Kingston Health Science Center, released results of recent user surveys. Each indicated that over 95% of users were satisfied or very satisfied with Connected Health™.

"Patients love our Connected Health platform and Healthcare educators do too," says Robert Kaul, CEO and Founder of Cloud DX. "Our platform lowers the burden on healthcare staff and enables nurses to be closer and more connected to their patients. With a closer circle of care, our virtual care and remote monitoring solutions improve patient outcomes, in turn reducing hospital re-admissions and lowering system costs. Agreements such as this one ensure upcoming generations of nursing students are learning to leverage Telemedicine and Remote Patient Monitoring to make healthcare better, for everyone, the Cloud DX way."

About Cloud DX

Accelerating virtual healthcare, Cloud DX is on a mission to make healthcare better for everyone. Our Connected Health ^TM 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, a 2021 Edison Award winner, a Fast Company "World Changing Idea" finalist, and one of "Canada's Ten Most Prominent Telehealth Providers." In 2021, Cloud DX became an exclusive partner to Medtronic Canada.

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.}

Social Links

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LinkedIn https://www.linkedin.com/company/cloud-dx/
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For media inquiries please contact:

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

For investor inquiries please contact:

Jay Bedard
Cloud DX Investor Relations
647-881-8418
jay.bedard@CloudDX.com

SOURCE: Cloud DX Inc.

View source version on accesswire.com:
https://www.accesswire.com/692054/Cloud-DX-Signs-Contract-with-US-University-Nursing-School

FAQ

What is the significance of Cloud DX's contract with a University School of Nursing?

Cloud DX signed an 18-month contract as the exclusive vendor for Telemedicine and Remote Patient Monitoring, enhancing educational opportunities for nursing students.

How many contracts has Cloud DX executed in 2022?

Cloud DX has executed nine contracts in the first quarter of 2022.

What is the user satisfaction rate of Cloud DX's Connected Health platform?

Hospitals using the Connected Health platform report over 95% user satisfaction.

What services will Cloud DX provide under the new contract?

Cloud DX will supply Telemedicine and Remote Patient Monitoring equipment, services, and connectivity.

Which universities are partnering with Cloud DX?

Cloud DX has partnered with a University School of Nursing in Portland, Oregon.