Reliq Health Technologies, Inc. Announces New Contracts with Three Physician Practices in Puerto Rico, Adding over 3,600 New Patients
October 15 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
through its collaboration with digiiMed it has signed contracts
with three new primary care physician practices in Puerto Rico to
provide its iUGO Care platform to their chronic disease patients.
“Puerto Rico is a rapidly growing geography for
Reliq thanks to our partnership with digiiMed,” said Dr. Lisa
Crossley, CEO of Reliq Health Technologies, Inc. “We are pleased to
be adding these three new physician practices on the island to our
platform. Chronic disease is a major concern for the healthcare
system in Puerto Rico as over 50% of the population over age 50
have hypertension, over 30% have diabetes and over 42% have high
cholesterol, all of which are risk factors for the development of
other serious chronic diseases including congestive heart failure,
kidney disease and cardiovascular disease. Patients living with
chronic conditions also report higher levels of depression and
anxiety than the general population. Using our iUGO Care Remote
Patient Monitoring (RPM), Chronic Care Management (CCM) and
Behavioural Health Integration (BHI) modules, clinicians can
comprehensively address their patients’ physical and mental health
needs. We expect to onboard over 3,600 patients with these clients
at an average revenue of $40 USD per patient per month for Reliq.
Onboarding will begin this month and is expected to be completed in
early 2022.”
About digiiMEDdigiiMED is a
digital medicine services company devoted to connecting patients
with healthcare providers anytime, anywhere. digiiMED works with
clinical providers and patients throughout Puerto Rico and Latin
America. Learn more at http://www.digiimed.com.
Reliq HealthReliq Health
Technologies is a rapidly growing global telemedicine company 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
US Investor Relations ContactInvestor
RelationsLytham Partners, LLCBen ShamsianNew York |
Phoenix646-829-9701shamsian@lythampartners.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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