InvestmentPitch Media Video Discusses Reliq Health’s Entry into Arkansas with Signing of 5 Contracts in 4 States, Adding 3,000+ Patients to its iUGO platform
01 Mai 2023 - 12:00PM
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 5 new contracts
with physician practices and home health agencies in Arkansas,
California, Nevada and Texas.
These new contracts are expected to add more than
3,000 new patients to Reliq’s iUGO Care platform by the end of 2023
and generate an average revenue of US$65 monthly per patient at an
expected 75% gross margin. All five clients will be using the iUGO
Care Remote Patient Monitoring (RPM), Chronic Care Management (CCM)
and Behavioural Health Integration (BHI) modules.
A Media Snippet accompanying this announcement is
available by clicking on the image or link below:
For more information, please view the
InvestmentPitch Media video which provides additional news about
the company. The video is available for viewing on
“InvestmentPitch” or on
“YouTube”. If the link is not available, please
visit www.InvestmentPitch.com and enter “Reliq” in
the search box.
Dr. Lisa Crossley, CEO, stated: “We are very
pleased to be expanding into the state of Arkansas. According to
the Partnership to Fight Chronic Disease, 5% of the population in
Arkansas account for 50% of all healthcare spending in the state
due to chronic diseases like high blood pressure, diabetes,
congestive heart failure, kidney disease and COPD. Healthcare costs
for chronic disease patients in Arkansas are expected to exceed $19
billion annually going forward unless the management of chronic
disease in the state is improved. Reliq’s iUGO Care platform has
been proven to reduce hospitalizations, improve health outcomes and
generate significant cost savings to the healthcare system when
used with chronic disease patients, which makes it a perfect fit
for clinicians in Arkansas and other states with high rates of
chronic disease.”
This initial entry into the Arkansas market could
offer significant potential for Reliq as the State reported
1,900,000 people had at least one chronic disease with 787,000
suffering from 2 or more chronic diseases in 2015.
Based in Hamilton, Ontario, with offices in
Florida and Texas, Reliq specializes in developing innovative
Virtual Care solutions for the multi-billion dollar healthcare
market. 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 $0.58. 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.
About InvestmentPitch Media
InvestmentPitch Media leverages the power of
video, which together with its extensive distribution, including a
news release service, to position your company’s story ahead of the
1,000's of companies seeking awareness and funding from the
financial community. The company specializes in producing short
videos based on significant news releases, research reports and
other content of interest to investors.
Disclaimer
The information in this InvestmentPitch Media Ltd
video is for the viewers information only. Reliq Health
Technologies has paid a fee not exceeding $2,000 in cash to have
its current news release produced in video format. The corporate
information is based on information that is publicly available. Any
information provided by InvestmentPitch Media Ltd., through its
media services is not to be construed as a recommendation or
suggestion or offer to buy or sell securities but is provided
solely as an informational media service. InvestmentPitch Media Ltd
makes no warranties or undertakings as to the accuracy or
completeness of this information. All due diligence should be done
by the viewer or their financial advisor. Investing in securities
is speculative and carries risk.
CONTACT: InvestmentPitch Media Barry Morgan, CEO
bmorgan@investmentpitch.com
Reliq Health Technologies (TSXV:RHT)
Historical Stock Chart
Von Apr 2024 bis Mai 2024
Reliq Health Technologies (TSXV:RHT)
Historical Stock Chart
Von Mai 2023 bis Mai 2024