InvestmentPitch Media Video Discusses Reliq Health’s Signing of Contract with Large Health Plan, adding more than 1 million Patients to its Platform
17 Mayo 2023 - 5:00AM
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 a new contract
with a large US Health Plan. The Health Plan, which operates
Accountable Care Organizations in five States, includes more than
3,000 doctors with more than 1,000,000 patients.
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available by clicking on the image or link below:
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Dr. Lisa Crossley, CEO, stated: “We are very
pleased to have signed our first contract with a US Health Plan.
This new client is a proactive healthcare organization that works
to improve health outcomes while also reducing healthcare spending.
The client operates large Accountable Care Organizations (ACOs),
which are groups of healthcare providers who work together under a
value-based care model to reduce healthcare costs and improve
quality of care. The ACOs in this client’s network include over
3,000 physicians and serve more than a million patients. The Remote
Patient Monitoring, Chronic Care Management and Behavioral Health
Integration solutions Reliq will be providing using our iUGO Care
platform will support critical preventative programs to assist the
ACOs in achieving their cost and quality of care objectives. This
new contract is further validation of Reliq’s unique value
proposition in the US healthcare market and clearly demonstrates
our rapidly accelerating traction with large, multi-state US
healthcare organizations.”
This new client, which focuses on community-based
primary care, post-acute and specialty care, is a subsidiary of one
of the nation’s largest providers of hospital and healthcare
services and a Fortune 500 Company. Onboarding with this new client
will begin in July with one of their Accountable Care Organizations
in Texas, which is expected to add more than 10,000 new patients to
Reliq’s iUGO Care platform by the end of March 2024 at an average
revenue of $65 per patient per month with an expected 75% gross
margin.
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 $0.62. 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.
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