Next is the growth of our Remote Medical Service.
This is one of the important initiatives aimed at making Going for Zero a reality. We are making steady progress with our Remote Medical Service. We included this slide in our July results briefing materials. It depicts the Remote Medical Service business model.
This service allows patients to share vital signs measured in the home with their doctors in a timely manner through the internet, making remote examinations and treatment possible. In the US, this service has been recognized as supporting better treatment for patients with chronic conditions. Medical institutions are paid approximately $64 per patient for this service. A part of this fee is revenue for OMRON.
The service has already been launched at Mount Sinai Hospital in the US and more hospitals in the US are adopting the service.
Furthermore, the service is not limited to the US. We are also expanding into other regions.