Why Resmed (RMD) Launches Digital Tool For Remote Mask Selection?
Aphria Inc is a Canada-based cannabis company. The APHA stock company is producing and selling medical that adult-use cannabis and cannabis-derived extracts in Canada under the provisions of the Cannabis Act. Subsidiary Broken Coast Cannabis Ltd is operating a licensed indoor cannabis production facility on Vancouver Island. RMD is successfully ramping up its masks and ventilators business amid the coronavirus crisis. This company is even taking the help of digital health tools for the seamless allocation of its products during a lockdown. The APHA stock at https://www.webull.com/quote/nyse-apha company recently launched ResMed MaskSelector, a digital tool for remote patient mask selection and sizing. This according to the company will help patients receive the care remotely. The company’s masks and other businesses are expected to get a boost with this new initiative.
MaskSelector at a Glance
This MaskSelector tool can be created personalized ResMed mask recommendations. The specification of the patient is taken by an HME (home medical equipment) through a HIPAA-compliant single-use link. Patients are answering a brief questionnaire and three facial measurements will then be incorporated into the MaskSelector portal. It is based on patients’ responses, the tool will be recommended the best suitable ResMed mask, along with options for alternate ResMed mask models and sizes.
This digital health technology solution launch comes at an opportune time as HMEs are facing challenges in finding suitable masks for each patient due to physical distancing. According to the company, this launch is crucial in the wake of the COVID-19 pandemic. It will be increased the remote capabilities of the HMEs and it is helped them to select masks for patients. It has a recent survey of around 300 clinicians and 54% admitted about the challenges they are facing during the time of mask selection for remote patient settings. They are willing to continue with this remote CPAP setup offerings even in the future.
COVID-19-led Critical Care Drives Demand
- ResMed is seeing significantly ramped-up demand for this critical care products. Accordingly, it has scaled up the production of ventilators, masks, and other respiratory devices since March.
- In the third quarter of fiscal 2020, the company produced more than 52,000 non-invasive ventilators, including bilevels and invasive ones. According to the company, this marked a three-fold increase in production from the year-ago period.
- This company is believed that to increase the capacity of the health system along with taking care of the interest of patients, innovations like telehealth and telemonitoring are crucial services.
If you want to know more stock information like roku stock, you can visit at https://www.webull.com/quote/nasdaq-roku .