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Reliq Health Technologies Inc V.RHT

Alternate Symbol(s):  RQHTF

Reliq Health Technologies Inc. is a Canada-based global healthcare technology company that specializes in developing virtual care solutions. The Company's target markets include virtual care, long-term care and big data. iUGO Care, the Company's platform, is a software as a service solution that supports care coordination and community-based healthcare. The iUGO Care platform integrates wearables, sensors, voice technology and mobile apps and desktop user interfaces for patients, clinicians and healthcare administrators. The iUGO Care platform provides services, such as remote patient monitoring, chronic care management, principal care management, behavioral health integration, telemedicine, transitional care management, remote therapeutic monitoring and wound care. Its behavioral health integration service supports patients with any mental, behavioral, or psychiatric health diagnoses by integrating mental health, psychiatric care, counseling, and addiction services with primary care.


TSXV:RHT - Post by User

Post by Aei773ouon Sep 25, 2020 9:26pm
230 Views
Post# 31624505

My response to your “revenue calculations inside”

My response to your “revenue calculations inside”The NR 10,000 is RHT estimated max. ability to hookup to patients to iUGO. The uncertainty is how efficient paperwork can be obtained with patient consent,  physicians and/or insurers approval. And then there is the Medicare red tape to iron out before Medicare’s acceptance.

Scott mentioned about the non linearity of the onboard going forward is a correct way to describe the complexity of the procedure. The last but not least to affect revenue coming in consistently is the Medicare checking for compliance to the billing codes before the release of reimbursement. It all about time. We don’t have any info on the contracts regarding when RHT will get paid by their partners, before or after their partners receive payment. I hope the management can disclose their fresh work experience with Medicare on the subject. 
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