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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

Comment by eljoroon May 28, 2018 8:19am
321 Views
Post# 28087432

RE:NEWS: Reliq orders 27,500 monitoring devices

RE:NEWS: Reliq orders 27,500 monitoring devicesI also want to note something management told me when I contacted them recently:

Clients in texas (current and new potential) have seen success with the ForaCare unit. Although RHT technology is device agnostic, clients in Texas want the ForCare unit because that's what they know. Hence the bottleneck, which temporarily stoppered onboarding and hence this purchase order, which will re-open the onbaording tap with a flourish. Reliq basically removes all uncertainty for them and their Texas clients equioment-wise by providing the desired hardware to be used with their own software.  Bonus revenue!

But the Reliq sales team is has eyes well beyond Texas...regions where different devices will likely be used. I interpret the 27,500 hardware unit order as mostly for Texas only, and the blue sky potential of addition orders from other regions remains intact and, IMO, likely.
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