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  • Loop Insights (MTRX) will launch its Digital Connect Health Platform, for both governments and the private sector, in January 2021
  • The announcement comes after continuous discussions and requests from both Provincial and Federal government leaders over the past seven months
  • Loop’s Smart Health device requires a simple tap of the patient’s mobile phone to check in and verify their ID
  • The Loop Digital Connect Health Platform sits on top of each Provincial system to aggregate and connect information into a data warehouse
  • Loop Insights is down 0.12 per cent and is trading at C$2.04 per share

Loop Insights (MTRX) will launch its Digital Connect Health Platform, for both governments and the private sector, in January 2021.

The announcement comes after continuous discussions and requests from both Provincial and Federal government leaders over the past seven months.

Loop Insights is a Vancouver-based provider of contactless solutions and artificial intelligence. In April, Loop launched the Beta version of its Smart Health contactless check-in platform, which streamlines patient engagement and operations.

Loop’s Smart Health device requires a simple tap of the patient’s mobile phone to check in and verify their ID. Patients have frictionless access to everything they need in one simple wallet pass, including real-time notifications, testing and tracing updates and critical health information.

Loop Insights CEO Rob Anson said accomplishing this in seven months was a massive undertaking.

In conjunction with key stakeholders who have been expressing the need for continued digital transformation within the healthcare sector, we have delivered a complete end-to-end digital solution that solves the challenge of decades of siloed data, a lack of connectivity, and a lack of access,” he added.

Loop Insights will integrate its real-time AI-driven data applications with its Internet of Things solutions and digital wallet to create its Digital Connect Health Platform, which provides governments and private clients with a secure digital ID, integrated data functionality, and easy access to medical records.

Loop Insights developed the Digital Connect Health Platform to connect Provincial and Federal systems while allowing provinces to fully maintain their jurisdictional authority by managing their own internal data repositories.

The Loop Digital Connect Health Platform sits on top of each Provincial system to aggregate and connect information into a data warehouse. This continuity across all platforms delivers the ultimate goal health leaders have always wanted – the ability for Provincial healthcare systems to speak to each other.

Of the many benefits of having this platform, the simplest and most powerful is the ability for citizens to be away from their home province while using a singular platform to deliver the best healthcare possible.

With individual Provinces considering a digital healthcare solution, a federal platform will require a fully-integrated solution that allows for secure electronic medical records, third-party billing services, and extended healthcare services.

Loop Insights’ digital healthcare wallet platform will provide instant medical reminders, including appointments, prescription reminders, critical medical transportation services, and more. The platform will also allow patients to book appointments with their family doctor or other healthcare professionals within their mobile device.

Loop Insights is down 0.12 per cent and is trading at C$2.04 per share at 3:52pm EST.

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