09:40:22 EDT Wed 08 May 2024
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Reliq Health Technologies Inc
Symbol RHT
Shares Issued 220,155,929
Close 2023-12-12 C$ 0.26
Market Cap C$ 57,240,542
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Reliq signs contracts with 10 U.S. physician practices

2023-12-13 09:35 ET - News Release

Mr. Chris Shields reports

RELIQ HEALTH TECHNOLOGIES, INC. ANNOUNCES NEW CONTRACTS WITH 10 PHYSICIAN PRACTICES IN FL, TX AND NV TO ADD OVER 10,000 PATIENTS TO IUGO CARE

Reliq Health Technologies Inc. has signed new contracts with 10 physician practices in Florida, Nevada and Texas. These practices are expected to add over 10,000 patients to Reliq's iUGO Care platform by mid-2024. Onboarding has already begun.

"We continue to add new clients at a rapid rate," said Chris Shields, interim chief executive officer of Reliq Health Technologies. "The company's recent private placement in October has allowed us to expand our care management and implementation teams to accommodate our accelerating traction across the U.S. We are actively onboarding new patients in 16 states at this point which is keeping our team very busy. We recently signed new contracts with 10 physician practices in Florida, Nevada and Texas and expect these practices to add over 10,000 new patients to our iUGO Care platform by the end of June, 2024. We will be providing remote patient monitoring (RPM), chronic care management (CCM) and behavioural health integration (BHI) to these patients and expect to generate revenue of $65 per patient per month at approximately 70-per-cent gross margin."

About Reliq Health Technologies Inc.

Reliq Health Technologies is a rapidly growing global health care technology company that specializes in developing innovative virtual care solutions for the multibillion-dollar health care market. Reliq's powerful iUGO Care platform supports care co-ordination and community-based virtual health care. iUGO Care allows complex patients to receive high-quality care at home, improving health outcomes, enhancing 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.

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