Nutex Health Inc (NUTX)

[buythebuy]

IGMB in answer to the statement I made earlier about Med A laws changing in October 2019 is very relevant to this product.

https://www.healthdatix.com/remote-patient-monitoring

The payment changes that are going to a new system call PDPM. What this new system will do is bonus doctors, hospital, skilled nursing facilities if the patient doesn't have a re-hospitalization in I think 30 days. What is going to become important is that the patients discharging to home from these facilities will have to be monitored closely.

Here is an excerpt from website:
Studies have repeatedly shown that when monitored, patients eat better, exercise more, stick to their medications, and overall lead healthier lives. Our BioDatix Health Band offers round-the-clock monitoring, passively collecting data on heart rate, blood pressure, blood oxygen, sleep, and steps/distance/calories, without affecting the patient’s routine.

The data is transmitted to our FDA-cleared Electronic House Call back-end application, to produce trend reports and alerts. Identified “out of limit” or “unusual” baselines can then be managed by HealthDatix or our clients’ Care Team of professionals. The Care Team professionals can receive alerts and send messages to any or all parties—the wearer, caregiver, physician and physician’s staff—to facilitate better user engagement in managing the patient’s overall health.

The BioDatix Health Band offers strategic synergies in multiple markets, including healthcare, fitness, and employee wellness programs.