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Reliq Health Technologies (TSXV:RHT) announces eight new contracts in the U.S.

Health Care
TSXV:RHT
11 May 2022 10:00 (EDT)
Reliq Health Technologies - CEO Dr. Lisa Crossley.

Source: Reliq Health Technologies

Reliq Health Technologies (RHT) has signed new contracts with six physician practices and two home health agencies in California, Michigan, Nevada and Texas.

Together these providers are expected to add over 5,000 new patients to Reliq’s iUGO Care platform this year.

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

“Under the new Remote Therapeutic Monitoring (RTM) billing codes introduced this year, physicians can now collect qualitative data from musculoskeletal and respiratory patients. Using the MiUGO patient portal, patients with arthritis, asthma and other eligible musculoskeletal and respiratory conditions can complete daily surveys to document pain levels, fatigue, mobility issues, wheezing, interrupted sleep due to pain or shortness of breath, and other key health metrics. This allows patients and clinicians to determine the impact of prescribed therapies on the patient’s ability to perform typical activities of daily life. Self assessment surveys are a critically important tool for measuring and monitoring the progression of musculoskeletal and respiratory disease. The iUGO Care RTM module also uses specialized connected devices to monitor medication adherence and provide automated medication reminders. Medication compliance correlates strongly with reduced hospital admissions, improved health outcomes and better patient-reported quality of life.”

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$0.54 per share.

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