Medicalgorithmics, a leading provider of cardiac diagnostics solutions, has signed an agreement with m-Health Solutions Inc. to enhance cardiac diagnostics in Canada. This collaboration aims to improve the accuracy and efficiency of cardiac diagnostics through the delivery of the latest generation PocketECG IV devices and the integration of Medicalgorithmics’ software and algorithms with holter wearable devices from dms-service llc.
m-Health Solutions Inc. specializes in cardiac diagnostics and remote heart monitoring and is a strategic partner of Medicalgorithmics in the Canadian market. In 2018, Medicalgorithmics signed a distribution and sales agreement with m-Health Solutions for its arrhythmia diagnostic system in Canada. The recent agreement includes the replacement of older versions of the PocketECG with the latest LTE-M generation of PocketECG IV, as well as a 4-year equipment leasing period.
We are delighted to deepen our collaboration with m-Health Solutions Inc., says Jarosław Jerzakowski, Chief Commercial Officer at Medicalgorithmics. This collaboration proves that our recently announced strategy of unbundling software from hardware and integrating with other devices works. The extended 4-year equipment leasing period also demonstrates customer trust and engagement in our technology.
The Canadian market is a vital one for Medicalgorithmics. With a revenue potential of several million USD per annum, it is the company’s second most important market after the United States. This collaboration with m-Health Solutions reinforces Medicalgorithmics’ commitment to providing advanced cardiac diagnostic solutions in Canada.
Medicalgorithmics has been actively operating in the North American market, aligning with its new development strategy for 2023-2026. The company recently partnered with dms-service, a leading American provider of cardiac monitoring equipment, to integrate their devices with Medicalgorithmics’ platform and software based on artificial intelligence algorithms.
To further support its expansion in Canada, Medicalgorithmics received certification from the Canadian Ministry of Health in April, allowing the use of the PocketECG IV system and software in the country. This certification marks a significant milestone for Medicalgorithmics as it can now offer its latest version of the PocketECG IV transmitter, which utilizes new LTE-M communication technology, to the Canadian market.
The collaboration between Medicalgorithmics and m-Health Solutions Inc. reflects the commitment of both companies to advancing cardiac diagnostics in Canada. By combining their expertise and technologies, they aim to improve the diagnosis and monitoring of cardiac conditions, ultimately leading to better patient outcomes.
In conclusion, Medicalgorithmics’ partnership with m-Health Solutions Inc. and the integration of their advanced cardiac diagnostic solutions in Canada showcase the company’s dedication to providing innovative and reliable healthcare solutions. With the support of industry-leading technologies and strategic collaborations, Medicalgorithmics continues to drive advancements in cardiac diagnostics, benefiting patients and healthcare providers alike.
