Medicalgorithmics Signs Agreement with m-Health Solutions Inc. to Enhance Cardiac Diagnostics in Canada

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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.

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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.

Frequently Asked Questions (FAQs) Related to the Above News

What does the agreement between Medicalgorithmics and m-Health Solutions involve?

The agreement involves enhancing cardiac diagnostics in Canada 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.

Who is m-Health Solutions Inc.?

m-Health Solutions Inc. is a strategic partner of Medicalgorithmics in the Canadian market and specializes in cardiac diagnostics and remote heart monitoring.

When did Medicalgorithmics sign a distribution and sales agreement with m-Health Solutions?

Medicalgorithmics signed a distribution and sales agreement with m-Health Solutions in 2018 for its arrhythmia diagnostic system in Canada.

What is the significance of the equipment leasing period in the recent agreement?

The 4-year equipment leasing period demonstrates customer trust and engagement in the technology provided by Medicalgorithmics and m-Health Solutions.

Why is the Canadian market important for Medicalgorithmics?

The Canadian market is one of the most important markets for Medicalgorithmics, with a revenue potential of several million USD per annum, second only to the United States.

What certification did Medicalgorithmics receive from the Canadian Ministry of Health?

In April, Medicalgorithmics received certification from the Canadian Ministry of Health, allowing the use of the PocketECG IV system and software in the country.

What is the aim of the collaboration between Medicalgorithmics and m-Health Solutions?

The collaboration aims to improve the diagnosis and monitoring of cardiac conditions in Canada, ultimately leading to better patient outcomes.

Does Medicalgorithmics operate outside of Canada?

Yes, Medicalgorithmics has been actively operating in the North American market and recently partnered with dms-service in the United States to integrate their devices with their platform and software.

What technology does the latest version of the PocketECG IV transmitter utilize?

The latest version of the PocketECG IV transmitter utilizes new LTE-M communication technology.

How does Medicalgorithmics drive advancements in cardiac diagnostics?

Medicalgorithmics drives advancements in cardiac diagnostics through strategic collaborations and the integration of their advanced cardiac diagnostic solutions, supported by their platform and software based on artificial intelligence algorithms.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

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