Brisbane, Australia, 14 February 2022 — ResApp Health Limited (ASX:RAP), a leading digital health company developing smartphone applications for the diagnosis and management of respiratory disease, today announced that it has signed a two year non-exclusive agreement with Australian aged care patient monitoring platform provider Health Teams Pty Ltd (“Health Teams”) for Health Teams to use ResApp’s ResAppDx on both its telehealth platform and for in-room patient consultations. Health Teams expects to launch ResAppDx on their platform during the second quarter of this calendar year.
Health Teams was founded by digital health veterans, Jonathan Klug and Michael Badran, and will deliver a technology platform for aged care providers to provide clinical care to residents. Health Team’s platform aims to deliver workforce efficiencies for providers and assists residents in obtaining care where and when they need it, ensuring their health is monitored on a regular basis. It is the only dedicated digital health platform in Australia for the aged care sector.
ResAppDx is ResApp’s acute respiratory diagnostic test that uses machine-learning technology to analyse signatures in cough sounds to diagnose respiratory disease using a smartphone. It is CE Marked in Europe and TGA approved for ARTG (Australian Register of Therapeutic Goods) listing in Australia.
Jonathan Klug, Health Teams CEO said “As part of our launch of Health Team’s new platform, we are bringing the best digital diagnostic tools from around the world to improve the way aged care residents are cared for. Integrating ResAppDx will enable the best quality, remote patient monitoring for respiratory disease and improve clinical outcomes for aged care residents. We are very excited about ResAppDx’s high accuracy rates for crucial respiratory diseases such as pneumonia and COPD exacerbations, which are critical to diagnose early in aged care settings.”
CEO and Managing Director of ResApp, Dr Tony Keating added: “We are pleased to be partnering with Health Teams as they launch their patient monitoring platform for Australian aged care facilities. We see this as an exciting opportunity to demonstrate the value of ResAppDx in a new high value market. This deal strategically positions us in the growing market of remote patient monitoring in aged care which is recognised as a key driver in improving quality of life for aged care residents.”
The agreement specifies pricing on a monthly subscription basis. Revenue from this agreement cannot be estimated at this time as it is dependent on Health Team’s market penetration following launch. Either party may terminate the agreement with 90 days’ notice.
About ResApp Health Limited
ResApp Health Limited (ASX: RAP) is a leading digital health company developing smartphone applications for the diagnosis and management of respiratory disease. ResApp’s machine learning algorithms use sound to diagnose and measure the severity of respiratory conditions without the need for additional accessories or hardware. ResApp’s regulatory-approved and clinically validated products include ResAppDx, a smartphone-based acute respiratory disease diagnostic test for use in telehealth, emergency department and primary care settings; and SleepCheck, a smartphone application which allows consumers to self-assess their risk of sleep apnoea. Both products are CE Marked in Europe and TGA approved in Australia. For more information, please visit www.resapphealth.com.au.
About Health Teams Pty Ltd
Health Teams Pty Ltd was founded in 2021 by Jonathan Klug and Michael Badran, who between them have over 26 years of Digital Health experience. Health Teams are delivering a platform to solve real challenges aged care providers face in providing the best possible clinical care to their residents. By empowering nurses and doctors with tools, devices and access to clinical, data health outcomes will improve for aged care residents. Health Teams have made the complexity of bringing a significant range of technologies together into a simple, easy to use platform. For more information, please visit https://healthteams.com.au
Contacts for ResApp Health
Dr Tony Keating
CEO and Managing Director
+61 430 180 659
Executive Director, Corporate Affairs
+61 412 281 780
Contact for Health Teams
CEO and Co-Founder
+61 411 688 938