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OverviewThe COVID-19 global pandemic shook traditional healthcare structures on a global scale in 2020. There has been an urgent need for integrated systems to manage the influx of patients and new social distancing measures, which forced many to delay…

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Overview

The COVID-19 global pandemic shook traditional healthcare structures on a global scale in 2020. There has been an urgent need for integrated systems to manage the influx of patients and new social distancing measures, which forced many to delay seeking in-person medical attention. In identifying this gap in the healthcare system, digitally driven telemedicine companies are leading the way to innovate and improve healthcare for all in this increasingly digital age.

By 2022, the global healthcare market is forecasted to grow to US$11.9 trillion, with the digital healthcare sector to grow by a projected compound annual growth rate (CAGR) of 38 percent by 2026. In dealing with the aftermath of this pandemic, investing in healthcare and wellness technology is investing in the healthcare systems we’ve needed for a long time.

Cloud DX (TSXV:CDX, OTCQB:CDXFF) is a digital health company focused on providing sophisticated solutions for advanced healthcare providers through its precision vital sign monitoring platform, software and mobile apps. The company’s commitment is to the improved accessibility of healthcare through virtual care and digital medicine across Canada and the United States.

The company combines core competencies in biomedical hardware engineering, cloud-based medical device architecture, algorithm-based result generation, regulatory approval experience and internationally ISO certified quality management. This combination has helped Cloud DX develop optimized medical devices and software for a more value-added patient experience. This level of innovation in telehealth technology strategically positions Cloud DX as a leader in vital sign data monitoring and integration.

Unlike many other telemedicine companies, Cloud DX works to invent new medical devices and get them cleared by regulators. This invention aspect allows the company to create more intuitive and innovative devices at potentially lower costs for its users. “Because we control that entire customer experience, we can optimize it and make it better for everybody. That, in fact, is our mission,” Cloud DX CEO Robert Kaul stated.

Cloud DX has partnered with healthcare providers like the Blessing Health System and virtual care companies like Curatio Inc, co-creator of the Stronger Together app, to provide remote patient monitoring and telehealth solutions to COVID-19’s short term symptoms and its long term complications. This new wave of virtual care technology addresses limitations to existing healthcare structures and helps meets the demand for medical aid in light of strained traditional healthcare systems and broad social distancing measures throughout North America.

In August 2014, Team Cloud DX was confirmed as a top 10 finalist in the Qualcomm Tricorder XPRIZE out of 330 entrants. This three-year global competition offered a US$10 million prize purse to be distributed among the top 3 teams who could develop an autonomous vital sign data collection and remote diagnostic platform inspired by the famous medical “Tricorder” from the TV show Star Trek. Cloud DX’s entry, the VITALITI platform, was successful at diagnosing up to 19 separate health conditions, all by itself. The company, which was the only competitor representing Canada, received the first XPRIZE Bold Epic Innovator Award in April 2017. All the winning XPRIZE Teams share access to a multi-million dollar pool of grant funding provided by the Qualcomm Life Foundation and the Roddenberry Foundation to bring their inventions to market, administered by the University of California San Diego.

XPRIZE winning VITALITI Tricorder by Cloud DX

Cloud DX is commercializing three inventions based on their XPRIZE winning Tricorder. The Pulsewave 2.0 wrist cuff monitor can uniquely measure accurate blood pressure and average breathing rate simultaneously. The wearable VITALITI continuous vital sign monitor streams all the main vital signs including multi-lead ECG and non-invasive blood pressure to the cloud in real time, while their AcuScreen CA cough analysis smartphone application can detect respiratory disease based on the sound of a person coughing, and is in clinical trials to screen for tuberculosis, expected to be completed by 2022.

Immediate plans for the company include an intended public listing on the Toronto Venture Stock Exchange in early 2021 and the advancement of its innovation pipeline. Its strong patent portfolio strategically positions the company for significant investor potential and technological expansion.

Cloud DX’s management team combines years of experience in medical care, finance, risk management and web-based engineering. This dedicated team primes the company for significant telehealth advancement, product development and revenue growth.

Cloud DX’s Company Highlights

  • Cloud DX is a virtual care and digital medicine company focused on providing innovative medical solutions to healthcare providers and patients alike. The company is committed to meeting the demands of patients while addressing the limitations of traditional healthcare structures.
  • The company works to invent fully connected and cloud-based medical devices that monitor vitals and health data at competitive costs. Cloud DX works directly with doctors, healthcare providers, regulatory bodies and patients
  • Cloud DX has received over a dozen awards for innovation, including Bold Epic Innovator in the Qualcomm Tricorder XPRIZE, “World Changing Idea” from Fast Company and most recently, finalist in the 2021 Edison Awards.
  • Cloud DX is certified in Quality Management under ISO 13485, licensed to develop medical devices and software by Health Canada and registered (with 510k clearances) with the US FDA.
  • Cloud DX entered into a new partnership with the Lung Health Foundation to supply remote patient monitoring (RPM) kits and services in Ontario and to deploy Cloud DX Connected Health.
  • Cloud DX also joins Maxwell Telecare to bring round-the-clock virtual care and real-time vital sign monitoring to residents living in long term care (LTC) facilities.

Cloud DX’s Key Products

Connected Health Kit

The Cloud DX Connected Health platform combines integrated telehealth monitoring software and high-tech medical hardware. Patients can record their vital signs, complete important surveys to answer questions from a personalized care team, access a curated health feed customized to their condition and have full control over their full patient history through the Cloud DX patient portal.

Cloud DX Connected Health Kit

Additionally, a typical Connected Health Kit comes equipped with a custom Android tablet, a Pulsewave wrist cuff blood pressure monitor, a wireless Bluetooth scale and a wireless pulse oximeter. Smart software in the privacy-compliant Microsoft Azure cloud detects changes to vital signs, survey answers or device use patterns and notifies caregivers so that immediate interventions can occur, improving health outcomes. This virtual care paradigm is an exciting innovation, aiming to answer the demands of a rapidly changing digital medicine landscape.

Pulsewave Wrist Cuff Health Monitor

The Cloud DX Pulsewave health monitor wrist cuff is a unique, connected medical device that allows users to immediately see their heart activity with clinical accuracy. The comfortable wrist cuff transmits the raw pulse wave signal to Cloud DX servers for analysis, producing heart rate, blood pressure, pulse variability, average breathing rate and a proprietary cardiac anomaly score.

“Total Anomaly Score is a novel screening tool that appears to have significant potential for identifying cardiac diseases. Possible clinical uses for this score are under active investigation at Cloud DX,” Chief Medical Officer Dr. Sonny Kohli noted.

The company expects to launch Pulsewave 2.0, a major upgrade to their original wrist cuff, in 2021. The new device is wireless, battery powered, with an on-board accelerometer and gyroscope, improving performance. Production of Pulsewave 2.0 is supported by a non-dilutive $1.75 million co-investment from the NextGen Manufacturing Supercluster.

Cloud DX’s Management Team

Robert Kaul – CEO, Founder & President

Robert Kaul has over 30 years of experience as an entrepreneur, and Cloud DX is his 6th startup. With a BSc in Biology and a certificate in Operations Strategy from MIT-Sloan, Kaul is recognized as an expert in creating and inspiring highly capable teams.

Dr. Sonny Kohli, MD – Co-founder & Chief Medical Officer

Dr. Sonny Kohli is an Attending Physician in Intensive Care and Internal Medicine at Oakville Trafalgar Memorial Hospital and an assistant clinical professor (Adjunct) of Medicine at McMaster University. In 2008/09, Dr. Kohli was an Astronaut Candidate at the Canadian Space Agency (CSA), where he was awarded a Scholarship to the Johnson Space Center.

Anthony Kaul – Co-founder & COO

Anthony Kaul is the founder & CEO of Higher Bracket Online Media, Canada’s only online resource for $100K careers. He has over 25 years of corporate leadership experience and is responsible for all day-to-day operations at Cloud DX including HR, Purchasing, Finance, Sales, Marketing, and much more.

Simon Selkrig – Chief Financial Officer

With more than 20 years of finance, accounting and strategic planning experience, Simon has worked in professional services, industrials, mining and resources, banking, and e-commerce sectors in Canada and internationally. In his new role, Simon will lead Cloud DX‘s finance department including finance, tax, capital, investor relations (IR) and strategic growth initiatives. Former CFO Stephanie Bird will continue to be available as an Executive Consultant. Simon joins Robert Kaul, CEO and Anthony Kaul, COO as a member of the Executive Team.

Nick Mulder – Head of Software

Nick Mulder has over 18 years of experience building web-based systems and over 12 years of experience building high-performance teams. Before joining Cloud DX, Mulder was the senior engineering lead that founded and grew the product and engineering team at Shopify Plus in Waterloo, growing the team from 4 to 400 in three years.

Sara Ross-Howe, BASc, MASc – Head of Research & Development

Sara Ross-Howe brings 16 years of experience developing advanced technology solutions for consumers. She started her career managing a team of scientists applying machine learning techniques to biomedical diagnostics. More recently, she spent over a decade managing a technology group creating audio and video recording solutions and cloud transcription for national court systems.

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Survey Shows Declining Concerns Among Americans About COVID-19

Survey Shows Declining Concerns Among Americans About COVID-19

A new survey reveals that only 20% of Americans view covid-19 as "a major threat"…

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Survey Shows Declining Concerns Among Americans About COVID-19

A new survey reveals that only 20% of Americans view covid-19 as "a major threat" to the health of the US population - a sharp decline from a high of 67% in July 2020.

(SARMDY/Shutterstock)

What's more, the Pew Research Center survey conducted from Feb. 7 to Feb. 11 showed that just 10% of Americans are concerned that they will  catch the disease and require hospitalization.

"This data represents a low ebb of public concern about the virus that reached its height in the summer and fall of 2020, when as many as two-thirds of Americans viewed COVID-19 as a major threat to public health," reads the report, which was published March 7.

According to the survey, half of the participants understand the significance of researchers and healthcare providers in understanding and treating long COVID - however 27% of participants consider this issue less important, while 22% of Americans are unaware of long COVID.

What's more, while Democrats were far more worried than Republicans in the past, that gap has narrowed significantly.

"In the pandemic’s first year, Democrats were routinely about 40 points more likely than Republicans to view the coronavirus as a major threat to the health of the U.S. population. This gap has waned as overall levels of concern have fallen," reads the report.

More via the Epoch Times;

The survey found that three in ten Democrats under 50 have received an updated COVID-19 vaccine, compared with 66 percent of Democrats ages 65 and older.

Moreover, 66 percent of Democrats ages 65 and older have received the updated COVID-19 vaccine, while only 24 percent of Republicans ages 65 and older have done so.

“This 42-point partisan gap is much wider now than at other points since the start of the outbreak. For instance, in August 2021, 93 percent of older Democrats and 78 percent of older Republicans said they had received all the shots needed to be fully vaccinated (a 15-point gap),” it noted.

COVID-19 No Longer an Emergency

The U.S. Centers for Disease Control and Prevention (CDC) recently issued its updated recommendations for the virus, which no longer require people to stay home for five days after testing positive for COVID-19.

The updated guidance recommends that people who contracted a respiratory virus stay home, and they can resume normal activities when their symptoms improve overall and their fever subsides for 24 hours without medication.

“We still must use the commonsense solutions we know work to protect ourselves and others from serious illness from respiratory viruses, this includes vaccination, treatment, and staying home when we get sick,” CDC director Dr. Mandy Cohen said in a statement.

The CDC said that while the virus remains a threat, it is now less likely to cause severe illness because of widespread immunity and improved tools to prevent and treat the disease.

Importantly, states and countries that have already adjusted recommended isolation times have not seen increased hospitalizations or deaths related to COVID-19,” it stated.

The federal government suspended its free at-home COVID-19 test program on March 8, according to a website set up by the government, following a decrease in COVID-19-related hospitalizations.

According to the CDC, hospitalization rates for COVID-19 and influenza diseases remain “elevated” but are decreasing in some parts of the United States.

Tyler Durden Sun, 03/10/2024 - 22:45

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Government

Rand Paul Teases Senate GOP Leader Run – Musk Says “I Would Support”

Rand Paul Teases Senate GOP Leader Run – Musk Says "I Would Support"

Republican Kentucky Senator Rand Paul on Friday hinted that he may jump…

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Rand Paul Teases Senate GOP Leader Run - Musk Says "I Would Support"

Republican Kentucky Senator Rand Paul on Friday hinted that he may jump into the race to become the next Senate GOP leader, and Elon Musk was quick to support the idea. Republicans must find a successor for periodically malfunctioning Mitch McConnell, who recently announced he'll step down in November, though intending to keep his Senate seat until his term ends in January 2027, when he'd be within weeks of turning 86. 

So far, the announced field consists of two quintessential establishment types: John Cornyn of Texas and John Thune of South Dakota. While John Barrasso's name had been thrown around as one of "The Three Johns" considered top contenders, the Wyoming senator on Tuesday said he'll instead seek the number two slot as party whip. 

Paul used X to tease his potential bid for the position which -- if the GOP takes back the upper chamber in November -- could graduate from Minority Leader to Majority Leader. He started by telling his 5.1 million followers he'd had lots of people asking him about his interest in running...

...then followed up with a poll in which he predictably annihilated Cornyn and Thune, taking a 96% share as of Friday night, with the other two below 2% each. 

Elon Musk was quick to back the idea of Paul as GOP leader, while daring Cornyn and Thune to follow Paul's lead by throwing their names out for consideration by the Twitter-verse X-verse. 

Paul has been a stalwart opponent of security-state mass surveillance, foreign interventionism -- to include shoveling billions of dollars into the proxy war in Ukraine -- and out-of-control spending in general. He demonstrated the latter passion on the Senate floor this week as he ridiculed the latest kick-the-can spending package:   

In February, Paul used Senate rules to force his colleagues into a grueling Super Bowl weekend of votes, as he worked to derail a $95 billion foreign aid bill. "I think we should stay here as long as it takes,” said Paul. “If it takes a week or a month, I’ll force them to stay here to discuss why they think the border of Ukraine is more important than the US border.”

Don't expect a Majority Leader Paul to ditch the filibuster -- he's been a hardy user of the legislative delay tactic. In 2013, he spoke for 13 hours to fight the nomination of John Brennan as CIA director. In 2015, he orated for 10-and-a-half-hours to oppose extension of the Patriot Act

Rand Paul amid his 10 1/2 hour filibuster in 2015

Among the general public, Paul is probably best known as Capitol Hill's chief tormentor of Dr. Anthony Fauci, who was director of the National Institute of Allergy and Infectious Disease during the Covid-19 pandemic. Paul says the evidence indicates the virus emerged from China's Wuhan Institute of Virology. He's accused Fauci and other members of the US government public health apparatus of evading questions about their funding of the Chinese lab's "gain of function" research, which takes natural viruses and morphs them into something more dangerous. Paul has pointedly said that Fauci committed perjury in congressional hearings and that he belongs in jail "without question."   

Musk is neither the only nor the first noteworthy figure to back Paul for party leader. Just hours after McConnell announced his upcoming step-down from leadership, independent 2024 presidential candidate Robert F. Kennedy, Jr voiced his support: 

In a testament to the extent to which the establishment recoils at the libertarian-minded Paul, mainstream media outlets -- which have been quick to report on other developments in the majority leader race -- pretended not to notice that Paul had signaled his interest in the job. More than 24 hours after Paul's test-the-waters tweet-fest began, not a single major outlet had brought it to the attention of their audience. 

That may be his strongest endorsement yet. 

Tyler Durden Sun, 03/10/2024 - 20:25

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The Great Replacement Loophole: Illegal Immigrants Score 5-Year Work Benefit While “Waiting” For Deporation, Asylum

The Great Replacement Loophole: Illegal Immigrants Score 5-Year Work Benefit While "Waiting" For Deporation, Asylum

Over the past several…

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The Great Replacement Loophole: Illegal Immigrants Score 5-Year Work Benefit While "Waiting" For Deporation, Asylum

Over the past several months we've pointed out that there has  been zero job creation for native-born workers since the summer of 2018...

... and that since Joe Biden was sworn into office, most of the post-pandemic job gains the administration continuously brags about have gone foreign-born (read immigrants, mostly illegal ones) workers.

And while the left might find this data almost as verboten as FBI crime statistics - as it directly supports the so-called "great replacement theory" we're not supposed to discuss - it also coincides with record numbers of illegal crossings into the United States under Biden.

In short, the Biden administration opened the floodgates, 10 million illegal immigrants poured into the country, and most of the post-pandemic "jobs recovery" went to foreign-born workers, of which illegal immigrants represent the largest chunk.

Asylum seekers from Venezuela await work permits on June 28, 2023 (via the Chicago Tribune)

'But Tyler, illegal immigrants can't possibly work in the United States whilst awaiting their asylum hearings,' one might hear from the peanut gallery. On the contrary: ever since Biden reversed a key aspect of Trump's labor policies, all illegal immigrants - even those awaiting deportation proceedings - have been given carte blanche to work while awaiting said proceedings for up to five years...

... something which even Elon Musk was shocked to learn.

Which leads us to another question: recall that the primary concern for the Biden admin for much of 2022 and 2023 was soaring prices, i.e., relentless inflation in general, and rising wages in particular, which in turn prompted even Goldman to admit two years ago that the diabolical wage-price spiral had been unleashed in the US (diabolical, because nothing absent a major economic shock, read recession or depression, can short-circuit it once it is in place).

Well, there is one other thing that can break the wage-price spiral loop: a flood of ultra-cheap illegal immigrant workers. But don't take our word for it: here is Fed Chair Jerome Powell himself during his February 60 Minutes interview:

PELLEY: Why was immigration important?

POWELL: Because, you know, immigrants come in, and they tend to work at a rate that is at or above that for non-immigrants. Immigrants who come to the country tend to be in the workforce at a slightly higher level than native Americans do. But that's largely because of the age difference. They tend to skew younger.

PELLEY: Why is immigration so important to the economy?

POWELL: Well, first of all, immigration policy is not the Fed's job. The immigration policy of the United States is really important and really much under discussion right now, and that's none of our business. We don't set immigration policy. We don't comment on it.

I will say, over time, though, the U.S. economy has benefited from immigration. And, frankly, just in the last, year a big part of the story of the labor market coming back into better balance is immigration returning to levels that were more typical of the pre-pandemic era.

PELLEY: The country needed the workers.

POWELL: It did. And so, that's what's been happening.

Translation: Immigrants work hard, and Americans are lazy. But much more importantly, since illegal immigrants will work for any pay, and since Biden's Department of Homeland Security, via its Citizenship and Immigration Services Agency, has made it so illegal immigrants can work in the US perfectly legally for up to 5 years (if not more), one can argue that the flood of illegals through the southern border has been the primary reason why inflation - or rather mostly wage inflation, that all too critical component of the wage-price spiral  - has moderated in in the past year, when the US labor market suddenly found itself flooded with millions of perfectly eligible workers, who just also happen to be illegal immigrants and thus have zero wage bargaining options.

None of this is to suggest that the relentless flood of immigrants into the US is not also driven by voting and census concerns - something Elon Musk has been pounding the table on in recent weeks, and has gone so far to call it "the biggest corruption of American democracy in the 21st century", but in retrospect, one can also argue that the only modest success the Biden admin has had in the past year - namely bringing inflation down from a torrid 9% annual rate to "only" 3% - has also been due to the millions of illegals he's imported into the country.

We would be remiss if we didn't also note that this so often carries catastrophic short-term consequences for the social fabric of the country (the Laken Riley fiasco being only the latest example), not to mention the far more dire long-term consequences for the future of the US - chief among them the trillions of dollars in debt the US will need to incur to pay for all those new illegal immigrants Democrat voters and low-paid workers. This is on top of the labor revolution that will kick in once AI leads to mass layoffs among high-paying, white-collar jobs, after which all those newly laid off native-born workers hoping to trade down to lower paying (if available) jobs will discover that hardened criminals from Honduras or Guatemala have already taken them, all thanks to Joe Biden.

Tyler Durden Sun, 03/10/2024 - 19:15

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