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Reliq Health Technologies (TSXV:RHT) announces new contracts in Nevada, California and Texas

Health Care
TSXV:RHT
03 March 2022 08:45 (EDT)
Reliq Health Technologies - CEO Dr. Lisa Crossley.

Source: Reliq Health Technologies

Reliq Health Technologies (RHT) has signed 5 new contracts with physician practices in Nevada, California and Texas.

“We are very excited to be expanding into Nevada with three new physician practices,” said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc.

“Over 1 million residents of Nevada have chronic conditions like hypertension, arthritis, diabetes and kidney disease. Nevada is ranked 47th out of 50 US States in terms of the ratio of physicians to residents, making access to care a significant challenge for patients across the State. Using Reliq’s iUGO Care platform, clinicians in Nevada can provide high quality, proactive, preventative care to more patients, improving access to care and health outcomes for at-risk patients. We are also pleased to add two new primary practices in California and Texas. Together these five clients are expected to add over 2,500 new patients to Reliq’s platform. We expect to begin onboarding patients from these practices in April, 2022 and to generate revenue of $50 per patient per month.”

Reliq Health Technologies Inc 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$0.89 per share.

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