InvestmentPitch Media Video Discusses Reliq Health’s Signing of New Contracts in Nevada with a Primary Care Organization that Includes 6 Clinics, and a Maxillofacial Surgery Practice
March 10 2022 - 3:10AM
Reliq Health Technologies Inc. (TSXV:RHT) (OTCPink:RQHTF)
(FSE:MHN2), a rapidly growing global telemedicine company
developing innovative Virtual Care solutions for the
multibillion-dollar Healthcare market, has signed new contracts in
Nevada with a primary care organization that includes 6 clinics,
and with a Maxillofacial Surgery practice. Maxillofacial surgeons
specialise in the diagnosis and treatment of diseases affecting the
mouth, jaws, face and neck.
Dr. Lisa Crossley, CEO, stated: “We continue to
rapidly expand our customer base in Nevada. The primary care
organization brings six clinics and over 3,000 eligible patients to
our iUGO Care platform at an average revenue of $50 per patient per
month. We are very excited to also be expanding into the
Maxillofacial Surgery space through our new contract with an oral
surgery practice in Nevada. Oral surgeons can generate new revenue
by using iUGO Care to provide pre- and post-op monitoring and care
management for their diabetic patients. Once the patient has
successfully recovered from surgery their care can be transferred
back to the primary care physician for ongoing monitoring through
iUGO Care, providing the primary care physician with immediate
access to an already established recurring revenue stream.”
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Reliq expects to generate more than $450 per
patient per surgery for short-term monitoring, followed by
recurring revenue of $50 per patient per month as care is
transferred back to the patient’s primary care physician. Each oral
surgery practice typically works closely with multiple physician
practices, providing Reliq with a new channel through which it can
access new primary care clients. When the 3,000 patients are fully
onboarded and generating revenues of US$50 per patient per month,
the company anticipates generating revenue of more than CDN$190,000
per month.
Based in Hamilton, Ontario, with offices in
Florida and Texas, Reliq specializes in developing innovative
Virtual Care solutions for the multi-billion dollar healthcare
market. The company’s powerful iUGO Care technology platform is a
comprehensive SaaS solution that allows complex patients to receive
high-quality care at home, improving health outcomes, enhancing the
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 emergency
room visits.
The shares are trading at $0.78. For more
information, please visit the company’s website,
www.ReliqHealth.com or email IR@ReliqHealth.com. Investor Relations
in the United States is handled by Ben Shamsian of Lytham Partners,
who can be reached at 649-829-9701 or by email at
shamsian@LythamPartners.com.
Disclaimer
The information in this Investmentpitch Media Ltd
video is for the viewers information only. Reliq Health
Technologies has paid a fee not exceeding $2,000 in cash to have
its current news release produced in video format. The corporate
information is based on information that is publicly available. Any
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