Abstract: A system and method for cardiac monitoring, which provides real time analysis, is enclosed. The system includes a memory unit, a processor that executes the set of modules. The set of modules includes a live cardiac monitor module 302, a clinical analysis module 306, a ST analysis display module 308, and an episode categorization and display module 308. The live cardiac monitor module 302 may continuously monitor and display the current condition of the patient 102 during an ECG diagnosis. In another embodiment, the clinical analysis module 306 simultaneously conducts a real-time arrhythmia analysis and a ST analysis on a same set of data during an ECG monitoring to detect episodes. The episode categorization and display module 310 categorizes and displays the detected episodes of the patient 102 in different colors that indicate a level of severity of each detected episodes.