Reliq Health Technologies Inc V.RHT

reply to my email from IR Scott today, very interesting

[mingzhu]

My questions:

High Scott, here are some questions for you:

 

1, Is the transferring rate from TCM to the recurring programs still 80%? 

 

Quotes from your previous reply to my email in Jan:
"So far 80%+ of TCM patients are using RPM, CCM and/or BHI during and after the 30 day TCM period" 

Most RHT investors believe the rate is around 20-30%. If it is 80%, please state in the Webinar on April 12 to concince more investors.

 

2, How many SNFs out of  1200 facilities of Bon Secours Mercy Health with which RHT has contract? I assume 20 are what it has. 

 

3, what is the price of device ?  I assume $250 a piece.

 

4, Do some patients use their own devices since iUGO is agnostic? If they do, what is the percentage of patients are using their own devices so far?

 

5, Is Reliq making good use of chatGPT to do computer coding? Reliq still has 3 hiring ads for 3 programmers. ChatGPT may well save cost of human resources.   Goldman Sachs is using ChatGPT-style A.I. in house to assist developers with writing code

"Thank you for your interest in Reliq.  Please see my responses below.

 

1.  I expect this to be covered in the Webinar next week

 

2. As the press release stated we have targeted 20 to start.  

 

3. Devices are anywhere from $75 to $400 depending on device type and payment terms.

 

4. Generally, patients do not have connected devices before starting these programs.  CMS requires connected devices as a requirement for remote patient monitoring.  We do have patients that are on their own unconnected devices that use Reliq’s iUGO Voice system to input reading from their device.  That program is private pay because it does not meet CMS eligibility requirements.  Some clients purchase their own devices but it is less than 10% of the devices used.

 

5. The Company is not using ChatGPT for programming at this time.  The Company has and is working with a number of AI Companies for our healthcare data.

 

Best Regards,

 

Scott

 

Scott Fitzgerald

Investor Relations

Reliq Health Technologies, Inc
"

[Peggy123]

Great job Ming   Papi

[EdinColorado]

Thanks, Ming!

[SISBOOMBAH]

On the Bon Secours web site, I can only find one SNF, Bon Secour appears to be moving out of SNF.  Can you comment?

[mingzhu]

where did you find only one snf in its website. show the link.

[SISBOOMBAH]

May 31, 2022.  The portfolio sales complete Bon Secours Mercy Health’s strategic exit from skilled nursing, assisted living and seniors housing as it plans to focus on its acute and primary care services, according to the news release.   Capital Funding Group Closes $10.57M For NJ SNF; Health System Divests Post-Acute Portfolio - Skilled Nursing News   https://www.bonsecours

[mingzhu]

two possibilites: 1, it sold a few SNFs in 2 states only .  2, another possibility is how to define SNFs.  "A number of different terms, including "convalescent hospitals," "nursing homes," "rehabilitation centers" or "skilled nursing facilities" are used to describe facilities that are formally referred to in California as skilled nursing

[mingzhu]

If you scroll down its web page https://www.bonsecours.com/health-care-services/senior-services/assisted-living# you can find Search box  "Assisted Living & Skilled Nursing Facilities Near Your our locations that can treat you. Certainly you can find nothing if it exits all snfs. There must be plenty of SNFs you can choose. 

[kentucky77]

Follow up question for Scott Fitzgerald:  How many shares of RHT do you own?