Reliq Health Signs 8 New Physician Clients in CA, NV and TX, adding more than 5,000 Patients to its iUGO Care Platform – Video on InvestmentPitch Media

InvestmentPitch Media and Reliq Health Technologies Inc.

InvestmentPitch Media and Reliq Health Technologies Inc.

VANCOUVER (British Columbia), Jan. 16, 2023 (GLOBE NEWSWIRE). Reliq Healthcare Technologies Inc. (TSXV,RHT) (OTCPink,RQHTF). (FSE:MHN2) is a rapidly-growing global healthcare technology company that develops innovative Virtual Care solutions in the multibillion dollar Healthcare market.

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Reliq Health, a rapidly growing global healthcare technology company, adds 8 new physician clients in CA, NV and TX: Reliq Health, a rapidly growing global healthcare technology company, adds 8 new physician clients in CA, NV and TX

Reliq Health adds 8 new clients to its rapidly growing global health technology company in CA and NV. Reliq Health adds 8 new client physicians in CA and NV to its rapidly growing global medical technology company.

Reliq signed new agreements with three multi-physician North Texas clinics and five single physician practices that provide care to patients in California, Nevada and California. These eight contracts are expected to add at least 5,000 new patients to Reliq’s iUGO Care platform over the next two quarters, at an average revenue of $65 per patient per month with a 75% gross margin. These new patients will be onboarded in the next month.

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Dr. Lisa Crossley, CEO, stated: “We are proud to be expanding our presence in Texas, Nevada, and California. Reliq continues attracting new customers through referrals from current customers who have witnessed firsthand the platform’s effectiveness in improving health outcomes, reducing hospitalizations, as well as decreasing healthcare costs. The data we’ve collected from client deployments show that patients using iUGO Care have hospitalization rates that are over 80% lower than patients with the same chronic conditions who aren’t using iUGO Care. This is an important metric because hospitalizations are the main cost driver for this patient group. Particularly during the current RSV-COVID-influenza “tripledemic,” keeping patients at home and out of hospital is critical to reducing the risk of infection with these highly contagious diseases, and to preventing the associated complications in high risk chronic disease patients.

The company’s powerful iUGO Care platform supports care coordination and community-based virtual healthcare. iUGO Care makes it possible for complex patients to receive high-quality care at home. This improves health outcomes and enhances quality of life for patients and their families. It also reduces the cost of care delivery.
The platform allows remote patient monitoring data to be accessed in real time. This allows the care team and hospital staff to quickly intervene to prevent expensive readmissions and emergency department visits.

The shares currently trade at $0.60 For more information, please visit the company’s website, www.ReliqHealth.com Send an email [email protected]. Investor Relations in the United States are handled by Ben Shamsian, Lytham Partners. He can be reached at 649-829-9700 or via email at [email protected].

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