InvestmentPitch Media Video Discusses Reliq Health’s Signing of Contracts with 20 New Rural Health Clinics, Expects to Add 50,000 plus New Patients
August 04 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 signed contracts with 20
new Rural Health Clinics (RHC’s) in California, Nevada, Puerto
Rico, Texas and the US Virgin Islands. The company expects to add
more than 50,000 patients to its iUGO Care platform by the end of
December 2024, with an average revenue of $60 per patient per
month.
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The company will begin onboarding the first five
Rural Health Clinics next month and expects to add more than 10,000
patients to its iUGO Care platform by mid-2024. The remaining 15
RHCs will be onboarded in 2024 and are expected to add a further
40,000 patients to the platform by the end of the 2024 calendar
year.
Dr. Lisa Crossley, CEO, stated: “Building on our
success to date with Rural Health Clinics in Puerto Rico and the US
Virgin Islands, we are now expanding into RHCs on the US mainland
as well as adding new RHCs on the islands. The Rural Health Clinic
program is intended to increase access to primary care services for
patients in underserved, rural communities. Clinics that are
granted RHC status receive enhanced reimbursement rates for
providing Medicare and Medicaid services to their patients. Reliq
specializes in delivering virtual care solutions to remote and
rural communities and is uniquely positioned to address the needs
of RHCs and their patients.”
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 $0.51. 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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Technologies has paid a fee not exceeding $2,000 in cash to have
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