Reliq Health Technologies Inc. Announces New Contract in Florida to Onboard over 50,000 Patients
September 07 2022 - 3:01AM
Reliq Health Technologies Inc. (TSXV:RHT or OTC:RQHTF or
WKN:A2AJTB) (“
Reliq” or the
“
Company”), a rapidly growing global healthcare
technology 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 physician practice network
in Florida to onboard over 50,000 patients to its iUGO Care
platform by the end of 2023.
“We are very pleased to be working with our new
client in Florida to improve health outcomes and reduce healthcare
costs for over 50,000 Medicare patients with chronic conditions,”
said Dr. Lisa Crossley, CEO at Reliq Health Technologies Inc.
“Reliq will be providing the full suite of iUGO Care software along
with care management services as needed, and expects to generate an
average revenue of $60 per patient per month at 75% gross margin.
Onboarding of these patients has already begun and is expected to
be completed over the next five quarters, by the end of 2023. Our
iUGO Care platform is proven to reduce hospitalizations, improve
patient quality of life and generate significant new revenues for
clinicians. Being selected by a large client like this is a
testament to the Company’s strong and growing reputation as a
leader in the virtual care space.”
Reliq HealthReliq Health
Technologies is a rapidly growing global healthcare technology
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
Frankfurt Stock Exchange under the WKN: 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 InformationCertain statements in this press
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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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