Cloud DX Inc. has reported new contracts, renewals or orders valued at approximately $2.8 million CAD so far in 2024, outpacing growth in 2023. The company announce a new Master Deployment Agreement with Lee S. Freedman MD, based in Highland Park IL. Dr Freedman's practice is affiliated with the MDVIP, a concierge medicine group with over 1,000 clinics nation-wide specializing in care for adults including those with complex chronic conditions.

Cloud DX will work with Dr Freedman and his staff to enroll approximately 125 patients who will most benefit from remote monitoring using Cloud DX Connected Health, especially patients with chronic obstructive pulmonary disease, congestive health failure, diabetes, hypertension, and related co- morbidities. Typically, Cloud DX earns around $700 USD per patient per year for US deployments. In their most recent financial statements, the Company reported gross margins of 77%.

Dr Freedman is the second MDVIP affiliated practice in Illinois to deploy Connected Health by Cloud DX.