Cloud DX Signs 13th Paramedic Service Contract for Remote Patient Monitoring

Community Paramedicine for Long-Term Care (CPLTC) program continues to care for Ontario seniors using Cloud DX Connected Health technology.

News in Summary

• This is Cloud DX's 13th Community Paramedicine contract announced to date.

• Funding is provided through the Ontario government CPLTC program from the Ministry of Long-Term Care.

• Cloud DX overall sales are expected to approximately double in 2023.

KITCHENER, ON / ACCESSWIRE / October 4, 2023 / Cloud DX (TSXV:CDX)(OTCQB:CDXFF), a leading North American provider of virtual care and remote patient monitoring platforms announces a contract with a new Ontario Paramedic Service to bring remote patient monitoring (RPM) to seniors in the community.

This community paramedic group chose Cloud DX to provide Connected Health kits and remote monitoring services for an already-running RPM program after receiving additional funding through the Ontario government's Community Paramedicine for Long-Term Care program (CPLTC).


For this contract, Cloud DX Connected Health is once again replacing another vendor. The flexibility of the Connected Health platform allows the customer to continue using some legacy hardware, lowering the cost of switching to Cloud DX.

The CPLTC program is fully funded by the provincial government to provide additional care for seniors in the comfort of their own homes before admission into long-term care. Recently the province announced an additional $174 million CAD in funding to expand the CPLTC program from 2024 onwards.


Peterborough County Paramedics describe in this recent 3 min. video how effective Cloud DX Connected Health is at:

• Reducing frequency of repeat callers
• Lowering usage rates of 911
• Decreasing emergency room visits
• Improving usage rates of more cost-effective care

Since launching our Community Paramedic program Cloud DX has deployed approximately 975 Connected Health Kits, which are expected to generate about $1,000,000 CAD in combined hardware, subscription and service revenue in year 1 and a further $425,000 in recurring revenue in further years. Cloud DX's gross margin is approximately 70%.