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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

Comment by lscfaon Aug 24, 2021 11:23am
145 Views
Post# 33754713

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Expanded RPM codes

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Expanded RPM codes

Medicare Advantage pays a fixed amount each month so the patient is on a budget. Is the patient really going to approve an increase in telehealth services ($50 to $315) when it eats into this fixed budget? Not bloody likely.


 

Rules for Medicare Advantage Plans

 

Medicare pays a fixed amount for your care each month to the companies offering Medicare Advantage Plans. These companies must follow rules set by Medicare.

Each Medicare Advantage Plan can charge different  

out-of-pocket costs. They can also have different rules for how you get services, like:

 

  • Whether you need a
    referral to see a specialist
  • If you have to go to doctors, facilities, or suppliers that belong to the plan for non-emergency or non-urgent care

These rules can change each year.

https://www.medicare.gov/sign-up-change-plans/types-of-medicare-health-plans/medicare-advantage-plans/how-do-medicare-advantage-plans-work



 

Lifeboat1 wrote:

IFSCA - The point of my post which was the topic we were debating is whether MCOs have physicians on a capitation model or not for the programs that Reliq provides services for.  Physicians are on a fee for service model as I said and is shown in the information that we both posted for RPM.   MCOs are on a capitation model with CMS.  


Going back to the point I think you were trying to make, which is not clear from your post, is that MCOs charge a co-pay.  If you actually read it what they are talking in that section is about is Covid-19 related services which are not provided by Reliq.

I know from personal experience that MCOs don't charge a co-pay for RPM and CCM.  There may be some that do, the US health system has lots of different payors but the point is there are plenty of patients out there on Medicare that do not have to pay co-pay. Even if some do it is not a major issue for this market IMO.  Medicare includes well off people who can pay the $8-$60 per month to manage a potentially life threatening chronic illness and poorer people who don't have to pay.  The segment that can't pay the co-pay and has to pay is a small piece of the pie in my analysis.



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