Reliq Health Technologies Inc V.RHT.H

Alternate Symbol(s): RQHTF

Healthcare Medical Devices

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.

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Reliq Health Technologies Inc

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Post by mcv1on Oct 29, 2019 1:41pm

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Post# 30282441

Can anyone explain?

How does Reliq achieve cash flow positive with 10,000 patients? How much revenue? (My guess is 10,000 patients $50/patient/m X 3months = $1.5million.) What will be expenses? (I think $2.5 million [Q3 expenses] to $4.8 million [Q4 expenses]). To me that still leaves a shortfall of at least $1 million. Any idea how this gets to cash flow positive in Q2 2020 ending Dec31-19? What am I missing?

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