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Bullboard - Stock Discussion Forum 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... see more

TSXV:RHT - Post Discussion

Reliq Health Technologies Inc > Growth investment in Accuhealth
View:
Post by lscfa on Apr 18, 2024 4:31pm

Growth investment in Accuhealth

Must be a substantial sum if they are going to put their own people into the CFO and Chairman roles. I think Accuhealth needs capital to grow for the same reasons as Reliq -- the damn devices for RPM cost money. In Accuhealth's case they were providing the devices for free to the patients.   




https://www.businesswire.com/news/home/20240416100949/en/Sunstone-Partners-Announces-Growth-Investment-in-Accuhealth

Comment by lscfa on Apr 18, 2024 4:33pm
$200 million.... https://www.axios.com/pro/health-tech-deals/2024/04/16/sunstone-makes-200m-majority-investment-in-accuhealth
Comment by lscfa on Apr 19, 2024 1:20am
All equity deal, with the $200M to be invested over the next 3 years as Accuhealth pursues acquisitions. Accuhealth is generating revenue of $30-$50 million.    The company has 300 customers, consisting of mid-to-large physician practises and health systems.     Accuhealth's closest competitors include Commure and Optimize Health. Athenahealth launched a chronic ...more  
Comment by Bucketshop on Apr 19, 2024 6:59am
Should invest with them instead of GUARANTEED losses with this dinosaur!!