The optimal ‘P-wave sensing’ is enabled through an integrated and scalable architecture that is designed to drastically improve visualization of the P-wave, as well as the equally important ventricular R-wave signal. What makes the Carnation Ambulatory Monitor unique is its patented P-wave-centric™ detection technology. The device is worn to detect cardiac rhythm disorders that can be responsible for uncomfortable sensations in the chest (palpitations), lightheadedness, dizziness, loss of consciousness (syncope), difficulty in breathing, limited exercise capacity, chest pain, and cardiac arrest. Today, the firm offers an innovative, state-of-the-art heart monitor known as the Carnation Ambulatory Monitor (CAM)™ that can be worn comfortably and discreetly for up to seven days. to completely redesign an arrhythmia monitor with optimal signal detection, patient comfort, and ease of use. As a result, Hunt and Bardy founded Bardy Diagnostics, Inc. “In his years of clinical experience, Bardy found that most cardiac monitors could not provide him with the level of ECG signal clarity he required to appropriately identify the P-wave, the small-amplitude waveform of the ECG that is essential to accurately diagnosing arrhythmia in his patients,” recalls Jon Hunt, PhD, CEO of Bardy Diagnostics, Inc. Adorned with these illustrious feathers in his cap, Bardy continues to address outstanding frustrations in the cardiology community, more recently the lack of adequate clinical innovation in arrhythmia monitoring and detection. Hillrom expects to close the transaction in the fiscal second quarter of 2021, subject to customary closing conditions.Jon Hunt, CEO In the pursuit to continually improve patient care, Gust Bardy, MD naturally extended his talents beyond cardiac medicine to become an inventor, a serial entrepreneur, and a public health researcher. Hillrom’s existing global brand, channel and presence in acute and primary care settings, and capabilities around market access, payor contracting, data security and EMR integration, are expected to drive accelerated adoption of the CAM patch and BardyDx’s related suite of ECG analysis services and tools. BardyDx, with annualized revenue of approximately $30 million, provides a differentiated, wearable bio-sensing technology, the Carnation Ambulatory Monitor (or CAM patch), that is engineered for patient-comfort, superior P-wave clarity, exceptional diagnostic yield and superior clinical accuracy. Hillrom says the acquisition of BardyDx complements its current cardiology portfolio of cardiac stress exercise, Holter and resting electrocardiography (ECG) devices. Hillrom is also acquiring net operating losses valued at more than $20 million that are expected to result in future tax benefits. Under the terms of the agreement, Hillrom will purchase BardyDx for a cash consideration of $375 million and future potential payments based on the achievement of certain commercial milestones. (BardyDx), an innovator in digital health and a provider of ambulatory cardiac monitoring technologies. Janu– Hillrom has reached a definitive agreement to acquire Bardy Diagnostics, Inc.
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