Reliq Health Technologies - CEO Dr. Lisa Crossley
CEO Dr. Lisa Crossley
Source: Reliq Health Technologies
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  • Reliq Health Technologies (RHT) has signed six new contracts with physician practices, home health agencies and nursing facilities
  • These new contracts are expected to add over 3,500 patients to Reliq’s platform this year
  • 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$0.49 per share

Reliq Health Technologies (RHT) has signed contracts with physician practices, home health agencies and nursing facilities in California, Texas, Florida and Puerto Rico.

These new contracts are expected to add over 3,500 patients to Reliq’s platform this year.

Dr. Lisa Crossley, CEO at Reliq Health Technologies, commented on the news.

“We are excited to announce that we have signed six new contracts with healthcare providers in California, Texas, Florida and Puerto Rico. These clients include three skilled nursing facilities. The Centers for Medicare & Medicaid Services (CMS) introduced coverage for remote patient monitoring of inpatients in long term care (LTC) and skilled nursing facilities (SNF) in 2022. Remote monitoring of these patients can reduce the cost of care and improve health outcomes by identifying patients requiring a medical intervention earlier, helping prevent complications that would require an ER visit or ICU stay. In-facility remote monitoring provides a new revenue stream for long term care and skilled nursing facilities and improves facility workflow.”

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$0.49 per share.

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