Mr. Robert Kaul reports

CLOUD DX SIGNS REMOTE PATIENT MONITORING CONTRACT WITH ST. MARY'S GENERAL HOSPITAL

St. Mary's General Hospital (SMGH) in Kitchener, Ont., is increasing its deployment of Connected Health remote patient monitoring products and services provided by Cloud Dx Inc.

This is the first new contract to be delivered under the procurement agreement with Mohawk Medbuy, a national, not-for-profit, shared services organization trusted by hundreds of Canadian hospitals and health care providers to drive value, efficiencies and cost savings on the supplies and services they use, announced on June 21, 2023.

St. Mary's is a current Cloud Dx customer and has deployed Connected Health for cardiac patients and chronic obstructive pulmonary disease (COPD) patients so far to date.

This new contract for Connected Health kits and remote care monitoring services will help St. Mary's support up to 500 new patients annually and is valued at approximately $1.7-million over the full extended contract. The contract allows support of current programs as well as the potential to expand or offer new remote care monitoring programs in the future. This contract is expected to fall within the $3-million award announced by Mohawk Medbuy for the first two Cloud Dx contracts.

A statement from St. Mary's General Hospital:

"St. Mary's has gratefully received funding from Ontario Health to continue operating clinical remote care monitoring solutions. This type of monitoring enables us to better support our current patients in the community, as well as expanding service to those patients who are experiencing travel barriers. Cloud Dx has been, and will continue to be, instrumental in allowing St. Mary's to provide a user-friendly, high-quality service that supports patients to receive care in their home, reducing the need for hospitalizations and unplanned emergency department visits."

Success story

"Recently a postcardiac surgery patient, using the Cloud Dx Connected Health kit, reported low blood pressure and dizziness. The cardiac surgery nurse practitioner called and assessed the patient. During the assessment, the nurse practitioner was able to provide medication instructions and requested a rapid response nurse visit for that day. Later in the day the cardiac surgery nurse practitioner connected with the patient by phone and provided further medication and fluid instructions. The following day the patient successfully captured their weight and blood pressure readings. The cardiac surgery nurse practitioner followed up and confirmed the patient's blood pressure improved, their weight and symptoms stabilized, and further medication instructions were provided. By using the Cloud Dx Connected Health kit for remote care management, the patient prevented a visit to the ER, a potential hospital admission and potential harm to the patient."

Cloud Dx chief executive officer and founder Robert Kaul responded: "Cloud Dx is very happy to grow our successful relationship with St. Mary's General Hospital in our hometown of Kitchener, Ont. St. Mary's exceptional remote patient monitoring and rapid response nursing programs are making a positive, life-affirming impact on patient outcomes in the Kitchener-Waterloo region, while providing efficiencies that reduce the overall cost of care. These programs are models for the 100-plus Mohawk Medbuy members who can now procure Connected Health across Canada."

About Cloud Dx Inc.

Accelerating digital health care, Cloud Dx is on a mission to make health care better for everyone. Its Connected Health remote patient monitoring platform is used by health care enterprises and care teams across North America to virtually manage chronic disease, enable aging in place and deliver hospital-quality postsurgical care in the home. The company's partners achieve better health care and patient outcomes, reduce the need for hospitalization or readmission, and reduce health care 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 10 most prominent telehealth providers. Cloud Dx is an exclusive partner to Medtronic Canada, Teladoc Health Canada and Equitable Life of Canada.

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