InvestmentPitch Media Video Discusses Reliq Health’s Successful Integration of Artificial Intelligence and Machine Learning Solutions with Two of its Key iUGO Care Customers
July 24 2023 - 6:00AM
Reliq Health Technologies Inc. (TSXV:RHT) (OTCPink:RQHTF)
(FSE:MHN2), a rapidly growing global healthcare technology company
developing innovative Virtual Care solutions for the
multibillion-dollar Healthcare market, has successfully deployed
integrated Artificial Intelligence (AI) and Machine Learning (ML)
solutions with two of its key iUGO Care customers.
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Dr. Lisa Crossley, Reliq Health CEO, stated:
“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. 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.”
Dr. Camellus O. Ezeugwu, Assistant Professor of
Medicine, Johns Hopkins University School of Medicine and Medical
Director at Just Heart Cardiovascular Group Inc., commented: “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. 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.”
Jose Alvarez, CEO of digiiMed, added: “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. 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.”
The company’s powerful iUGO CARE platform for care
coordination and home healthcare integrates wearables, sensors,
voice technology with intuitive mobile apps and desktop software
for patients, families, clinicians, and healthcare administrators,
allowing 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 $0.55. 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.
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