HAMILTON, Ontario, Nov. 24, 2021 (GLOBE NEWSWIRE) — Reliq Health Technologies Inc. (TSXV:RHT or OTC:RQHTF or WKN:A2AJTB) (“Reliq” or the “Company”), a rapidly growing global medtech company that develops innovative Virtual Care solutions for the multi-billion dollar Healthcare market, today announced that it has signed contracts with two new clients and has expanded the iUGO platform’s support for Hospice care by leveraging Reliq’s iUGO Care and iUGO Home modules.
“We continue to grow our client base in the US and have added two new clients this week,” said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. “These two contracts will add over 1,000 new Medicare patients to our platform at an average revenue of $65 USD per patient per month. Onboarding will begin next month. We are also very pleased to announce that we have expanded our Hospice care solution to leverage features from both the iUGO Care and iUGO Home modules. Our expanded iUGO Hospice solution supports remote monitoring of hospice patients’ vital signs as well as fall detection, medication reminders and personal emergency response services. iUGO Hospice provides clinicians with real time pulse oxygenation data which is particularly valuable in managing palliative patients on opioid pain medication. It also consolidates all patient data into one platform, allowing clinicians to more effectively prioritize care for this complex patient population. Over 1.5 Million Medicare patients were enrolled in hospice programs in 2020 and over 48% of all Medicare patients will access hospice care at the end of life, creating significant demand for solutions like iUGO Hospice.”
Reliq Health Technologies is a rapidly growing global medtech company that specializes in developing innovative Virtual Care solutions for the multi-billion dollar Healthcare market. Reliq’s powerful iUGO Care platform supports care coordination and community-based virtual healthcare. 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 ER visits. Reliq Health Technologies trades on the TSX Venture under the symbol RHT, on the OTC as RQHTF and on the WKN as A2AJTB.
ON BEHALF OF THE BOARD
“Dr. Lisa Crossley”
CEO and Director
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SOURCE: Reliq Health Technologies Inc.