PriceSensitive

Reliq Health Technologies (TSXV:RHT) partners with Cognizant to expand care management capabilities to large scale clients

Health Care, Market News
TSXV:RHT
05 January 2022 08:45 (EDT)
Reliq Health Technologies - CEO Dr. Lisa Crossley.

Source: Reliq Health Technologies

Reliq Health (RHT) has announced an agreement to leverage Cognizant’s care management resources to deploy Reliq’s iUGO Care software to large-scale clients.

Cognizant provides services to 300+ health systems and over 347,000 care providers who together provide care to over 200 million lives globally. Dr. Lisa Crossley, CEO of Reliq Health Technologies, commented on the partnership with Cognizant.

“We are excited to be expanding our care management capabilities by leveraging Cognizant’s extensive resources, network, and experience in healthcare. Reliq will continue to achieve the same or better profit margins on the care management component of our revenue as a result of this partnership but will be able to deploy our full-service solution to very large clients much faster. This agreement will allow Reliq to access new opportunities to provide virtual care to much larger patient populations both within the US and globally.”

Reliq’s iUGO Care solutions improve health outcomes, allow clinicians to provide high-quality care to patients anytime, anywhere, and reduce the cost to the healthcare system.  Reliq’s remote patient monitoring platform, iUGO Care, is currently used by a large number of healthcare organizations in the US, including primary care practices, specialist practices, home care agencies, skilled nursing facilities, HIV clinics and hospice care agencies.

The agreement with Cognizant will expand Reliq’s capabilities and extend its reach, allowing Reliq to provide its iUGO Care solution to managed care organizations, large health systems and health insurance providers.

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$1.10 per share.

Related News