Reliq Health Technologies Inc V.RHT

Primary Symbol: V.RHT.H Alternate Symbol(s): RQHTF

Healthcare Medical Devices

Reliq Health Technologies Inc. is a global healthcare technology company that specializes in developing virtual care solutions for the healthcare market. The Company’s iUGO Care platform supports care coordination and community-based virtual healthcare. iUGO Care allows complex patients to receive 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 hospital readmissions and ER visits. 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, wound care, and others.

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Reliq Health Technologies Inc > What's Up?

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Comment by theinvestor22on Nov 22, 2023 10:04pm

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Post# 35749526

RE:What's Up?

You should check out the source of your "rumour". Sounds sketchy to me.

Reliq is too big in terms of market cap for VHI to swallow without taking on debt (which they are averse to doing), its revenue and p/rev are too high in relation to VHI's standard metrics and RHT management wouldn't be interested in a sale at this stage. Also, it's probably not a good fit, business wise - no real cross selling opportunities. Of course, profitability is something VHI looks for - and Reliq has - but that wouldn't be enough. I put the likelihood of this type of sale as very close to zero. On the other hand, in a few years, Reliq might be in a position to buy VHI, but it probably wouldn't be a good fit for Reliq at that point either.