Reliq Health Technologies - CEO Dr. Lisa Crossley.
CEO Dr. Lisa Crossley.
Source: Reliq Health Technologies
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Reliq Health Technologies (RHT) has added 30 new skilled nursing facility clients in Florida and an allergy and respirology clinic in Texas
  • The new SNF clients are expected to add over 3,000 new patients per month or 36,000 new patients per year to Reliq’s iUGO Care platform
  • The allergy and respirology clinic is expected to add 5,000 patients to the platform by the end of 2023
  • Reliq Health Technologies specializes in developing Software-as-a-Service (SaaS) solutions for remote patient monitoring
  • Reliq Health Technologies Inc. (RHT) opened trading at C$0.55 per share

Reliq Health Technologies (RHT) has added 30 new skilled nursing facility clients in Florida and a large allergy and respirology clinic in Texas.

The new SNF clients are expected to add over 3,000 new patients per month or 36,000 new patients per year to Reliq’s iUGO Care platform. The allergy and respirology clinic is expected to add 5,000 patients to the platform by the end of 2023.

“We are excited to continue to expand our presence in the Skilled Nursing space and to be adding a new client in the allergy and respirology field,” said Dr. Lisa Crossley, CEO at Reliq Health Technologies, Inc. “The allergy and respirology clinic will be using the iUGO Care Remote Therapeutic Monitoring (RTM) and Principal Care Management (PCM) modules as well as other core iUGO Care modules. The SNFs will be using our Transitional Care Management (TCM), Remote Patient Monitoring (RPM), Chronic Care Management (CCM) and Behavioural Health Integration (BHI) modules. We have already started onboarding with the allergy and respirology clinic and expect to start onboarding with the new SNFs next month. We expect to add over 36,000 SNF patients and over 5,000 allergy and respirology patients to our iUGO Care platform by the end of this year through these contracts, at an average revenue of $65 per patient per month, at 75% gross margin.”

Reliq Health Technologies specializes in developing Software-as-a-Service (SaaS) solutions for remote patient monitoring, telemedicine, and care collaboration. Reliq’s powerful iUGO Care platform supports care coordination and community-based virtual healthcare. 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 Inc. (RHT) opened trading at C$0.55 per share.


More From The Market Herald

@ the Bell: December kicks off on a high note

Canada’s main stock index took off on Friday, with industrials leading the charge, followed by metals. Chinese data boosted the mining market.

Copper is on the rise and this company could be your gateway into the market

Northstar Gold is taking advantage of copper's rally thanks to some recent drilling results at its Miller Copper-Gold property in Ontario.

Silver Spruce Resources gets drilling permits for Mystery Project

Silver Spruce Resources has received permits and drill mobilization for the Tote Brook target at its Mystery Project in Newfoundland.
biosteel

Canopy Growth completes sale of BioSteel sports drink business

Canopy Growth (TSX:WEED) has completed the sale of its BioSteel sports drink subsidiary, the company announced Friday.