Reliq Health Technologies, Inc. Announces New Contracts with Four US Physician Practices, Adding over 2,000 New Patients
October 21 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 contracts with four new primary care physician practices in
the US to provide its iUGO Care platform to their chronic disease
patients.
“We are excited to be adding these four new
physician practices and their Medicare and Medicaid patients,” said
Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. “As both
Medicaid and Medicare expand the scope of their virtual care
programs to include additional conditions such as high risk
pregnancy, solid organ disease, musculoskeletal conditions and
others, the eligible patient population for Reliq’s products and
services continues to increase. Demand for the iUGO Care platform
is steadily increasing as clinicians recognize the significant
revenue potential associated with offering virtual care programs to
their at-risk patients. As we predicted at the beginning of this
year, we are experiencing tremendous growth in the second half of
2021 after a relatively quiet first half of the year due to the
pandemic. We expect to onboard over 2,000 patients with these
clients at an average revenue of $50 USD per patient per month for
Reliq. Onboarding will begin this month and is expected to be
completed in early 2022.”
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
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policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
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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
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estimates, plans, programs, forecasts, projections, objectives,
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"forward-looking statements".
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statements" involve known and unknown risks and uncertainties that
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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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