InvestmentPitch Media Video discusses Reliq Health, a rapidly growing global telemedicine company, and its contracts with four new US clients and the resumption of integration for the network of 10 clinics in Dallas, Texas



Vancouver, British Columbia – (Newsfile Corp. – December 20, 2021) – Reliq Health Technologies (TSXV: RHT) (OTC Pink: RQHTF) (WKN: A2AJTB), a rapidly growing global telemedicine company that develops innovative solutions virtual care provider for the multibillion-dollar healthcare market, has signed contracts with four new US clients, including three doctor’s offices in Texas and Puerto Rico and one long-term care facility in California.

Dr Lisa Crossley, CEO, said: “We continue to welcome new clients and patients as the holidays approach. We are pleased to add three new primary care practices in Texas and Puerto Rico, as well as a long-term care facility in California. Additionally, we have resumed integration with a previously announced network of 10 clinics in Dallas, Texas that discontinued integration early in the pandemic. These healthcare organizations will use the iUGO Care remote patient monitoring, chronic care management and behavioral health modules, and the long-term care facility will also use the emergency alert, fall detection solution. and iUGO Home Medication Recall.. “

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The four new customers will add more than 3,000 new patients to the platform over the next six months, with an average revenue of over $ 50 per patient per month, with onboarding expected to begin in the new year. The company remains on track to exit calendar year 2021 at a revenue rate of $ 2 million per month.

According to Statista, a leading provider of market and consumer data, home health care spending in the United States alone, by Medicare and Medicaid, topped US $ 80 billion in 2019 and has increased by ‘about 10% per year.

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 technology platform is a comprehensive SaaS solution that enables complex patients to receive high-quality care at home, improving health outcomes, improving the quality of life for patients and families, and reducing the burden on patients. cost of providing care. iUGO Care provides real-time access to remote patient monitoring data, enabling the healthcare team to respond in a timely manner to avoid costly hospital readmissions and emergency room visits.

The shares are trading at $ 1.04. For more information, please visit the company’s website, www.ReliqHealth.com or send an email to IR@ReliqHealth.com. Investor relations in the United States are handled by Ben Shamsian of Lytham Partners, who can be contacted at 649-829-9701 or by email at shamsian@LythamPartners.com.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/108090


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