Reliq Health Technologies, Inc. Announces New Contract with Diversified Healthcare Partners, to Provide its iUGO Care Platfor...
July 30 2020 - 6:00AM
Reliq Health Technologies Inc. (TSXV:RHT or
OTCQB:RQHTF) (“
Reliq” or the
“
Company”), a technology company focused on
developing flexible, scalable mobile health (mHealth) and
telemedicine solutions for Community-Based Healthcare, today
announced that it has signed a contract with Diversified Healthcare
Partners to provide its iUGO Care Remote Patient Monitoring (RPM),
Chronic Care Management (CCM), Behavioral Health Integration (BHI)
and Principle Care Management (PCM) platform to over 50,000
eligible Medicare, Medicaid and private insurance patients in Ohio,
Oregon and Washington State.
“We are thrilled to be working with Diversified
Healthcare Partners (DHP) to bring our iUGO Care platform to over
50,000 eligible Medicare, Medicaid and private insurance patients
throughout Ohio, Oregon and Washington State,” said Dr. Lisa
Crossley, CEO of Reliq Health Technologies, Inc. “The DHP
team has decades of experience in the healthcare industry and an
established network across the US. Our contract with
Diversified Healthcare Partners will enable Reliq to continue to
grow our business in new States. Onboarding in South Texas
and Florida has been a challenge for Reliq over the last several
months, as the healthcare systems in these areas have been
effectively paralyzed by the overwhelming number of new COVID-19
cases. Over the last month we’ve refocused our onboarding
efforts on regions where our clients are still able to onboard new
patients, including North Texas, Puerto Rico and now Ohio, Oregon
and Washington State. In the last month alone, new and
existing clients have purchased over 2,000 monitoring devices
(ForaCare D40g’s) from Reliq, and we expect the pace of onboarding
to continue to accelerate. While the global pandemic has
created some short-term challenges for our business in certain
regions, it has also created significant new demand for our virtual
care solutions in many others. Our pipeline has more than doubled
since March as more and more large healthcare organizations
recognize the critical importance of caring for their chronic
disease patients virtually in the home, particularly with influenza
season and a potential second wave of coronavirus infections just
around the corner. With the iUGO Care platform clinicians can
help their chronic disease patients improve their overall health by
better managing their chronic conditions, and reduce their risk of
exposure to the novel coronavirus, thereby preventing further
strain on the already overburdened acute care system.”
“Diversified Healthcare Partners is an
innovative healthcare organization that provides remote patient
monitoring, chronic care management, telemedicine and behavioral
health monitoring to physician offices, home health agencies,
independent living communities, assisted living communities,
managed care organizations and accountable care organizations,”
said David Carter, CEO of Diversified Healthcare Partners. “Our
clients serve over 50,000 eligible patients and that number is
growing on a daily basis. We chose Reliq’s iUGO Care as the
technology platform we will use with our clients because it is by
far the most comprehensive offering in the telehealth space.”
“We have been impressed with not only the ease
of use of the iUGO Care platform and its ability to serve the needs
of the entire telehealth spectrum, but also with the Reliq team’s
deep knowledge of this market, clinical expertise and technical
capabilities,” said Keith Laxton, President and COO of Diversified
Healthcare Partners. “Working with such a capable partner
makes the process of implementing a comprehensive telehealth
solution for our clients far easier than we ever expected. We
will be able to onboard our first patients within weeks.”
About Diversified Healthcare
PartnersDiversified Healthcare Partners provides remote
patient monitoring, chronic care management, telemedicine and
behavior monitoring to physician offices, home health agencies,
independent living communities, assisted living communities,
managed care organizations and accountable care organizations
throughout the United States (website currently undergoing updates
– https://diversifiedhealthcarepartners.com).
About Reliq HealthReliq Health
Technologies is a healthcare technology company that specializes in
developing innovative software solutions for the Community Care
market. Reliq’s powerful iUGO Care platform supports care
coordination and community-based healthcare. iUGO Care allows
complex patients to receive high quality care at home, improving
health outcomes, enhancing quality of life for patients and
families and reducing the cost of care delivery. iUGO Care
provides real-time access to remote patient monitoring data,
allowing for timely interventions by the care team to prevent
costly hospital readmissions and ER visits. Reliq Health
Technologies trades on the TSX Venture under the symbol RHT and on
the OTCQB as RQHTF (www.reliqhealth.com).
ON BEHALF OF THE BOARD“Dr. Lisa Crossley”CEO and Director
For further information please contact:Investor
Relations at ir@reliqhealth.com
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Cautionary Statements Regarding Forward
Looking Information
Certain statements in this press release
constitute forward-looking statements, within the meaning of
applicable securities laws. All statements that are not
historical facts, including without limitation, statements
regarding future estimates, plans, programs, forecasts,
projections, objectives, assumptions, expectations or beliefs of
future performance, are "forward-looking statements".
We caution you that such "forward-looking
statements" involve known and unknown risks and uncertainties that
could cause actual and future events to differ materially from
those anticipated in such statements.
Forward-looking statements include, but are not
limited to, statements with respect to commercial operations,
including technology development, anticipated revenues, projected
size of market, and other information that is based on forecasts of
future results, estimates of amounts not yet determinable and
assumptions of management.
Reliq Health Technologies Inc. (the
"Company") does not intend and does not assume any
obligation, to update these forward-looking statements except as
required by law. These forward-looking statements involve risks and
uncertainties relating to, among other things, technology
development and marketing activities, the Company's historical
experience with technology development, uninsured risks. Actual
results may differ materially from those expressed or implied by
such forward-looking statements.
SOURCE: Reliq Health Technologies Inc.
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