Teladoc & Cloud DX Go Global With Connected Health – Teladoc Health (NYSE:TDOC), Cloud DX (OTC:CDXFF)

Telehealth has seemingly changed the healthcare landscape, giving people access to health services wherever they are without the need to travel.

Telehealth, sometimes referred to as telemedicine, is the integration of telecommunications systems into the practice of protecting health, performed primarily online with Internet access via a computer, tablet, or smartphone.

The COVID-19 pandemic saw explosive growth in telehealth, which skyrocketed to a historical peak in April 2020as both consumers and health care providers sought ways to safely access and deliver health care. Its use began to trend downward towards the end of 2020, increased again in October 2020, and stabilized in 2021 at 38 times higher than pre-COVID-19 usage, according to McKinsey & Company.

Telehealth is here to stay

Supportive regulations seem to have accelerated the use of telehealth. By all accounts, telehealth appears to be here to stay: The telehealth market is projected to grow from $90.74 billion in 2021 to $636.38 billion in 2028 at a compound annual growth rate (CAGR) of 32.1% in the forecast period, 2021 to 2028.

DX in the cloud CDX CDXFFa Canadian-based digital health platform and RPM solution provider, announced on August 26, 2022 its new strategic partnership with telemedicine company teladoc health inc. TOC to improve remote monitoring solutions for patients across Canada.

The partnership will see Teladoc Health offerings available in the Cloud DX Physician Portal and patient-facing app, Connected Health™, through integration into the Cloud DX platform. The platform enables partners, such as Teladoc, to take advantage of Cloud DX infrastructure, including the integration of electronic medical records (EMR), support services and patient applications, some of the biggest obstacles to be overcome in technology adoption Of the health. Approved partners connect their software or hardware tools through an API, allowing patients to use their offerings and securely transmit data to their care team in the Physician Portal. Offers like Teladoc’s Livongo diabetes devices, Solo™ virtual care solution, vital devices like pulse oximeters, or curated health content, all easily available on the Connected Health™ app.

Offering Teladoc offerings through the Cloud DX platform means that any Cloud DX customer can easily add Teladoc offerings. The two-way partnership also allows Teladoc’s Canadian customers to opt in to receiving services through Cloud DX’s Connected Health™ solution.
Data collected through its Connected Health platform supports providers managing acute and chronic conditions, including people with COPD, heart failure or post-surgical needs, enabling better care and patient outcomes and reducing hospitalizations or readmissions. Teladoc reportedly has global experience managing chronic care in the community and offers its Solo™ virtual care software platform for use in more than 4,000 hospitals and health systems worldwide, including Canada.

According to Cloud DX, their partnership with Teladoc enables the use of Solo™ in their app experience for patients in Canada. This expands Cloud DX’s virtual care partner offerings to include Solo™ and Microsoft Teams, in addition to Zoom. Cloud DX patients or users now have more options to easily and seamlessly connect with their clinical team members and Cloud DX customers can choose to use Solo™ as their virtual care option or other Cloud DX partner solutions available.

Commenting on the partnership, Robert Kaul, CEO and Founder of Cloud DX, said, “We are very pleased to welcome Teladoc Health as a fully integrated partner on the Cloud DX platform in Canada. From its leading virtual care solution, Solo™, through its mental health and chronic care management programs, offering Teladoc Health services as part of the Connected Health™ ecosystem creates a robust and compelling remote patient monitoring solution Together, Teladoc Health and Cloud DX offer a comprehensive toolkit and the best healthcare providers to tackle acute and complex cases. As partners, we look forward to creating better healthcare journeys for more Canadians.”

Cloud DX is also an exclusive partner of Medtronic Canada and Equitable Life of Canada.

To learn more about Cloud Dx and its products, visit www.clouddx.com.

This post contains sponsored advertising content. This content is for informational purposes only and is not intended as investment advice.

Featured image of Tumisu from pixabay

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