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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 Jan 19, 2024 4:21pm
174 Views
Post# 35836608

RE:Adherence

RE:AdherenceAnother operational change occurred mid fiscal year that may be affecting the audit....


"Beginning January 1, 2023, all new contracts specify that clients must authorize Reliq to contact patients in order to ensure adherence. Account Managers are working with existing clients to obtain similar authorizations." 


Reliq raised monthly SAAS fees to $50 US ($65 cdn) for the addition of care management services.  Are the wages of these care managers in the cost of sales or buried in corporate SG&A? If the latter, then gross margins are overstated. 

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