Cloud DX announced the execution on March 26, 2024 of new Master Deployment Agreements for Cloud DX RPM Services with Beausoleil First Nation Paramedic Service and an Ontario County Paramedic Service. In Ontario, Community Paramedic Services offer Remote Patient Monitoring to seniors who can benefit from daily monitoring of vital signs, physical symptoms and in many cases, chronic conditions such as COPD and congestive heart failure. Patients can interact with the Paramedics via the Cloud DX mobile app, allowing for close oversight and empowering patients to help manage their own care.

The Community Paramedicine for Long-Term Care (CPLTC) program is fully funded by the Ontario provincial government to provide additional care for seniors before admission into long-term care. Recently the province announced an additional CAD 174 million in funding to expand the CPLTC program from 2024 onwards. The agreements announced have a term of 24 months.

The agreements announced have a term of 24 months. Including the purchase of products, subscriptions and bundled services, the aggregate value of these contracts is approximately CAD 140,000. In their most recent financial statements Cloud DX reported gross margins of approximately 77%.