Reliq Health Technologies, Inc. Announces Contracts with Two New Clients in the US, Expansion of iUGO Platform for Hospice Care
24 November 2021 - 7:01PM
Reliq Health Technologies Inc. (TSXV:RHT or OTC:RQHTF or
WKN:A2AJTB) (“
Reliq” or the
“
Company”), a rapidly growing global medtech
company that develops innovative Virtual Care solutions for the
multi-billion dollar Healthcare market, today announced that it has
signed contracts with two new clients and has expanded the iUGO
platform’s support for Hospice care by leveraging Reliq’s iUGO Care
and iUGO Home modules.
“We continue to grow our client base in the US
and have added two new clients this week,” said Dr. Lisa Crossley,
CEO of Reliq Health Technologies, Inc. “These two contracts will
add over 1,000 new Medicare patients to our platform at an average
revenue of $65 USD per patient per month. Onboarding will begin
next month. We are also very pleased to announce that we have
expanded our Hospice care solution to leverage features from both
the iUGO Care and iUGO Home modules. Our expanded iUGO Hospice
solution supports remote monitoring of hospice patients’ vital
signs as well as fall detection, medication reminders and personal
emergency response services. iUGO Hospice provides clinicians with
real time pulse oxygenation data which is particularly valuable in
managing palliative patients on opioid pain medication. It also
consolidates all patient data into one platform, allowing
clinicians to more effectively prioritize care for this complex
patient population. Over 1.5 Million Medicare patients were
enrolled in hospice programs in 2020 and over 48% of all Medicare
patients will access hospice care at the end of life, creating
significant demand for solutions like iUGO Hospice.”
Reliq HealthReliq Health
Technologies is a rapidly growing global medtech 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 WKN as 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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Looking Information
Certain statements in this press release
constitute forward-looking statements, within the meaning 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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