Reliq Health Technologies, Inc. Announces New Contract with US Nephrology Clinic to Provide iUGO Care to Chronic Kidney Disea...
February 24 2021 - 3:01AM
Reliq Health Technologies Inc. (TSXV:RHT or OTC:RQHTF or
WKN:A2AJTB) (“
Reliq” or the
“
Company”), a rapidly growing global telemedicine
company that develops innovative Virtual Care solutions for the
multi-billion dollar Healthcare market, today announced that it has
signed a new contract with a US Nephrology practice to use Reliq’s
proprietary iUGO Care platform to monitor Chronic Kidney Disease
(CKD) patients.
“It is a testament to the flexibility of our
platform that it can be used to manage so many different complex
chronic conditions,” said Dr. Lisa Crossley, CEO of Reliq Health
Technologies, Inc. “We are pleased to be working with our newest
client, a Nephrology Practice in Texas, to monitor Chronic Kidney
Disease patients and help improve their health outcomes. Over 36
Million Americans have CKD and the majority of these patients also
have either diabetes and/or hypertension, the two primary risk
factors for developing Chronic Kidney Disease. Using our highly
scalable iUGO Care platform, Nephrologists can help monitor
medication compliance and manage patients’ co-morbidities like
diabetes and high blood pressure, helping to reduce or prevent
further damage to the kidneys that could lead to End Stage Renal
Disease (ESRD) and the need for costly and disruptive interventions
like dialysis or a kidney transplant. We will begin onboarding
patients next week, and expect to have at least 5,000 kidney
disease patients on the platform by the end of this calendar year,
at an average revenue of $65 USD/patient/month.”
Reliq HealthReliq Health
Technologies is a rapidly growing global telemedicine that
specializes in developing innovative Virtual Care solutions for the
multi-billion dollar Healthcare market. Reliq’s powerful iUGO Care
platform supports care coordination and community-based virtual
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, on the
OTC as RQHTF and on the WKN as A2AJTB.
ON BEHALF OF THE BOARD
“Dr. Lisa Crossley”
CEO and Director
For further information please contact:
Company ContactInvestor 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
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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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