Reliq Health Technologies, Inc. announces six new contracts in…

Reliq Health Technologies, Inc. announces six new contracts in…

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HAMILTON, Ont., Feb. 16, 2023 (GLOBE NEWSWIRE) — Reliq Health Technologies Inc. RHTRQHTF (“reliq” or the “Pursue“), a fast-growing global health technology company developing innovative virtual care solutions for the multi-billion dollar healthcare market, is pleased to announce that it has signed new agreements with three assisted living facilities and three medical practices in Pennsylvania and California. The company expects to to add over 3,000 new patients to its iUGO Care platform through these agreements by the end of the year, at an average revenue of $65 per patient per month.

“We are very excited to expand into Pennsylvania and continue to grow our business in California,” said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. “Assisted living facilities (ALFs) will leverage our iUGO Home solution to provide in-facility emergency alerts, fall detection and geofencing, along with a secure portal for family members to view the condition of their monitor loved ones while in ALF. The geofencing feature allows staff to receive alerts when a patient with cognitive issues tries to leave the facility themselves. The facilities will also use Reliq’s patient monitoring and telemedicine modules to track medication intake, monitor vital signs and their Providing residents with virtual visits to GPs and specialists such as cardiologists and mobility issues, virtual visits allow them to receive quality care at the facility without the cost, inconvenience, and risk of miscarriage ls or exposure to COVID, RSV, and influenza associated with transportation to their Doctor’s office. We expect these contracts to add over 3,000 patients to our iUGO Care platform by the end of this year at an average revenue of $65 per patient per month at a gross margin of 75%.”

“We are often asked how we can use Artificial Intelligence (AI) in our iUGO Care platform to…

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