Reliq Health Technologies, Inc. Announces Successful AI Deployments with Key Clients
July 21 2023 - 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, is pleased to
announce that it has successfully deployed integrated Artificial
Intelligence (AI) and Machine Learning (ML) solutions with two of
its key iUGO Care customers.
“Artificial Intelligence (AI) and Machine
Learning (ML) are critical tools that allow healthcare providers to
leverage the data they collect through our iUGO Care platform to
provide predictive, proactive healthcare,” said Dr. Lisa Crossley,
CEO at Reliq Health Technologies, Inc. “Using AI and ML enables the
iUGO Care platform to analyze large, complex data sets to improve
decision-making, diagnosis and treatment by identifying patterns in
patient data. The AI system is trained by having access to
thousands of sets of remote patient monitoring data, which allows
it recognize warning signs very early and predict which patients
are at risk of potentially serious complications. This, in turn,
allows clinicians to appropriately allocate resources to the most
at-risk patients, and proactively respond before a patient becomes
acutely ill. We have initially deployed the AI and ML functionality
with two of our key customers, Just Heart Cardiovascular Group in
Baltimore, MD and digiiMed in Puerto Rico, but it will be available
to all iUGO Care users going forward.”
“Just Heart Cardiovascular Group is using
Reliq’s iUGO Care AI and ML capabilities to improve RPM adherence,
and to develop a predictive model designed to slow heart failure
progression, reduce hospitalization rates and decrease the annual
cost of care. We have over four years of patient data that has been
gathered using the iUGO Care platform, with tens of thousands of
data points collected from a diverse population of cardiovascular
patients,” said Dr. Camellus O. Ezeugwu, Assistant Professor of
Medicine, Johns Hopkins University School of Medicine and Medical
Director at Just Heart Cardiovascular Group Inc. “This data coupled
with AI and ML allows us to leverage the power of the iUGO Care
platform to provide cutting-edge care to our patients, improving
health outcomes and quality of life.”
“digiiMed has been using Reliq’s iUGO Care
software and Care Management services for over three years now
across multiple physician practices and Rural Health clinics. Reliq
has been an invaluable partner in helping us to bring the latest
advances in digital healthcare to Puerto Rico and the US Virgin
Islands. The patients we have on the iUGO Care platform have
improved health outcomes and reduced hospitalizations, and their
healthcare providers enjoy increased revenues while simultaneously
lowering the overall cost to deliver their virtual healthcare
services. We have taken the next step in our evolution of providing
the best healthcare at the lowest cost by utilizing iUGO Care’s
Artificial Intelligence and Machine Learning to analyze vast
amounts of patient data to more accurately prioritize those
patients who are most at risk of developing complications. The
earlier our doctors can intervene with medication adjustments or
virtual visits, the lower the chance of a patient developing a
serious complication that leads to a hospital stay,” said Jose
Alvarez, CEO of digiiMed. “It is very rewarding for our company to
be able to bring next generation healthcare to Puerto Rico and the
USVI through our partnership with Reliq Health.”
Reliq Health
Reliq 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
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.
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constitute forward-looking statements, within the meaning of
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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
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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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