Circadia’s Data as a Service (DaaS) model allows the C100 to be available under a subscription model with zero upfront cost to healthcare providers. The C100 generates reimbursement revenue of $123 per patient per month under CPT codes 99454, 99457, and 99458.
Fares Siddiqui, Co-founder and CEO of Circadia, said, “Our goal is to provide a frictionless solution to clinicians in order to help improve patient outcomes and reduce the cost of care. During this COVID-19 crisis, the FDA has recognized the life-saving potential of our technology. We are now able to deliver the most convenient and powerful method to monitor fragile patients both in-facility and remotely at home.”
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Headquartered in London and founded in 2016 by Imperial College London alumni Fares Siddiqui and Michal Maslik, Circadia’s mission is to enable early detection of respiratory failure, the third leading cause of death. Circadia employs engineers, scientists, and physicians to fuse wireless sensors, medical software, and clinically validated algorithms to save patient lives.
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