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  • Reliq Health Technologies (RHT) has signed a new contract with its first Orthopedic Practice in Texas
  • Reliq expects to begin onboarding orthopedic patients under this contract in April
  • Reliq's newest iUGO Care module is designed to support Orthopedic Specialists
  • Reliq’s powerful iUGO Care platform allows complex patients to receive high-quality care at home
  • Reliq Health Technologies (RHT) opened trading at C$0.65 per share

Reliq Health Technologies (RHT) has signed a new contract with its first Orthopedic Practice in Texas.

Reliq expects to begin onboarding orthopedic patients under this contract in April, at an average revenue of $50 per patient per month.

“As the vaccine rollout successfully proceeds in the United States, we are very pleased to see our clients moving forward with patient onboarding at a steadily increasing pace,” said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc.

We are excited to launch our newest iUGO Care module, designed to support Orthopedic Specialists who want to monitor both their chronic patients (e.g. those living with rheumatoid arthritis, osteoarthritis, osteoporosis, etc.) and their post-operative patients at home.

According to the CDC, there are over 5.7 Million arthritis patients in Texas alone, representing a large and growing new target market segment for Reliq. Using iUGO Care to provide Remote Patient Monitoring (RPM), Chronic Care Management (CCM), Principal Care Management (PCM) and Behavioural Health Integration (BHI) services can help improve medication adherence, increase compliance with prescribed physiotherapy exercises and reduce depression and anxiety often seen in chronic pain patients, significantly enhancing their quality of life.”

Leveraging the existing Medicare and Medicaid billing codes, Orthopedic practices can generate over US$500,000 per year in new billings by providing RPM, CCM, PCM and BHI services to their patients.

Reliq specializes in developing Software-as-a-Service (SaaS) solutions for remote patient monitoring, telemedicine, and care collaboration. Reliq's IUGO health technology platform is a hardware and software solution that allows complex patients to receive high-quality care in the home.

Reliq Health Technologies (RHT) opened trading at C$0.65 per share.

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