PHM updates customer pipeline for investors and research analysts

Patient Home Monitoring (PHM), a company focused on in-home cardiology healthcare services, today announced an update to their customer pipeline.  Ed Berenblum, CEO of PHM, will be conducting meetings in and around Toronto to provide an update to investors and research analysts.

"Since November, we have made great progress in converting potential sales leads into customers," said Ed Berenblum.  "We have increased our patient enrollment base from 4,800 patients, which we are actively enrolling, to 9,800 in just three months. While we expect to eventually enroll at least 20 percent of these patients, we continue to focus on converting large cardiology-group leads into customers actively enrolling their patients with our service."

"With this growth in our customer pipeline, I am confident our goal of becoming a self sustaining business by next quarter is achievable."

The Customer Pipeline

The groups listed below already have patients testing with PHM and continue to work with PHM to recruit and train more patients.            

Cardiology Group Leads Pipeline

PHM organizes qualified leads into three categories to project the timing and likelihood of acquiring a new client. The categories are listed in order closest to closing.

• Awaiting Patient Files. PHM has a signed agreement with the group and is waiting for the master patient file with which to start the enrollment process.
• Finalizing Implementation Agreement. PHM is negotiating an agreement with a group which, once signed, will lead to recruiting, training and testing the group's patients.
• Interest, Needs Further Meetings. PHM has made contact with a cardiology group, has qualified it as a solid lead and is working through the sales process to present an agreement to be signed.