Cloud DX Inc. announced that they have won a competitive RFP to supply remote monitoring technology and services to two health organizations. Mohawk Medbuy Corporation (MMC) led the procurement process, in collaboration with these member health care providers, using Broader Public Sector Procurement Directives. The award, which was announced on the procurement portal Biddingo on June 20, 2023, is also available to MMC's other members.

Mohawk Medbuy is 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. Under the terms of the contract award announced on June 20, 2023, Mohawk Medbuy will serve as the master contractor for the two members, who can order RPM products and services from Cloud DX with assured pricing and terms. Other Mohawk Medbuy members can leverage the agreement without having to issue separate requests for proposals (RFPs), reducing the cost and complexity of procuring best-in-class RPM services. The initial contract runs from July 1, 2023 to June 30, 2026 with option for a further 2 extensions of 2 years each, to June 30, 2030.

The total estimated awarded contract valuation for the full term of the agreement including option periods is CAD 3,040,000. For Cloud DX, winning this competitive award further cements the Company's status as a leader in remote patient monitoring delivery in Canada. This is the 17th contract or extension announced by the Company in 2023 versus 28 contracts announced in all of 2022, showing that the demand for RPM continues to increase across the Canadian healthcare landscape.