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Reliq Health Technologies Inc V.RHT.H

Alternate Symbol(s):  RQHTF

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.


TSXV:RHT.H - Post by User

Post by AdeptMindon Dec 01, 2017 10:23pm
274 Views
Post# 27076618

Patent

Patent
Hello all,

Sure exciting to see the potential here.  I'm considering investing but am wondering a couple of things that I couldn't find information on in my reading here and in going through a transcript Lisa presented.

There is so much potential in this market and I understand there isn't much competition as the competition out there is fairly fragmented.

My main question is while I assume the software is fully patented, what's to stop another competitor coming in with their own patented sofware and instead of charging $50-$200/patient at a 80% profit margin, undercut and charge $25-$100/patient at a 40% profit margin which is still quite healthy?  Or even go lower at a still healthy 20% profit margin and charging $10-$40/patient?

Thank you for your thoughts as this sure seems like an exciting play!

AM
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