Highmark Interactive Inc. announced the roll-out of its EQ Remote Monitoring solution to US Orthopedic Alliance ("USOA"), an organization committed to delivering robust health information technologies and practice management resources to orthopedic-specific group practices, ambulatory surgery centers and specialty surgery hospitals. The EQ Remote Monitoring platform will enable the physician to monitor a patient before and after surgery and between clinical visits to inform and personalize the patient's treatment plan. The ability to better understand how a patient is recovering or progressing on a treatment plan through remote physical monitoring between office or virtual visits delivers insights to health teams that were previously not possible.

Such insights enable physicians to develop care plans that can be more personalized to the individual patient. Remote physiologic monitoring is a recently added reimbursement code by Medicare in the United States. It enables physicians to add remote monitoring to their services to improve patient outcomes.

The Highmark EQ Remote Monitoring platform is a mobile application downloaded to a patient's smart device. In adopting Highmark's EQ Remote Monitoring platform, a typical surgeon is anticipated to be able to generate an additional USD 200,000 in revenue annually, while identifying and addressing concerns earlier that can minimize or prevent significantly more expensive downstream costs. Highmark's model for orthopedic practices is a hybrid of recurring SaaS revenue with additional per patient use and implementation fees.

During the initial USOA roll-out to 15 surgeons, Highmark anticipates generating an annual minimum of USD$50,000 per surgeon. Subsequent expansion of the roll-out to USOA's growing network of more than 100 physicians will generate incremental set-up and recurring fees. The potential addressable market for the EQ Remote Monitoring Solution includes approximately 30,000 orthopedic surgeons in the United States alone.