Canadian healthcare technology company Cloud DX has received an expansion order for Connected Health Remote Patient Monitoring (RPM) products and services from Ontario Heart Centre in Canada.
Ontario Heart Centre is expanding its RPM programme, which was first announced in March this year.
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The expanded deployment is expected to monitor up to 500 patients in 12 months, increasing product and service revenue by around C$90,000 ($68,100).
The new RPM products will replace a previous vendor’s services as part of an expansion of the heart centre’s programme that monitors patients at home after serious surgeries.
The new use case has added post-operative monitoring for chronic disease management to the existing deployment of Cloud DX technology at the health centre, which was announced in March this year.
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This takes the total value of the deployment for Cloud DX to around C$260,000.
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By GlobalDataAccording to published, peer-reviewed studies, the Cloud DX RPM improves patient outcomes, reduces ER visits and minimises medication errors once patients return home from surgery.
Cloud DX founder and CEO Robert Kaul said: “Cloud DX is excited to see one of our largest clients continue to grow their Connected Health RPM programme.
“Throughout 2023, we have recognised increased demand for our cutting-edge RPM products and services, as evidenced by both new and expanded contracts, increased patient enrollment, and success at winning competitive RFPs and public tenders.
“The Company is on track to more than double the number of contracts signed compared to all of 2022.
“This increase in demand for RPM products and services is expected to continue and accelerate.”
Based in Ontario, Cloud DX aims to provide better healthcare and patient outcomes, avoid hospitalisations and readmissions and reduce healthcare delivery costs.
Last year, the company signed a joint RPM contract with Medtronic Canada, a subsidiary of Medtronic, for St Mary’s General Hospital in Ontario.
