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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 Hiddensecretson May 14, 2020 10:04am
109 Views
Post# 31027083

Virtual Care (Doctor offices were CLOSED)

Virtual Care (Doctor offices were CLOSED)Steady growth is actually VERY GOOD news especially when you consider two major handicaps in the last few months:

(a) Elderly locked into their homes

- they are unable to meet family members, unable to do any shopping (ie: at electronic stores), unable to get any medical appointments as no doctors were working.

(b) Doctors were idle at home in lockdown

- the doctors during this pandemic were locked down like everyone else, there was no access to clinics and, virtual care was not yet aggressively developped therefore very difficult to see a doctor. 


Given these two major obstacles, it is a blessing and miracle that there is STEADY GROWTH.

I tried to see my dermatolgist doctor online and he just provided a few kind words of comfort and then told me to wait until the economy reopens as he was shut down.

My father-in-law who regularly sees his doctor spoke to him by phone and, doctor told him to stay home that it is safer than going out and, that he was not there at the clinic.

A family member who works at the hospital told me that it is full with Covid19 patients, nothing else is being done as there are no doctors. 

That means that the quarters of January to March and, April to June 2020 are going to be a wash for Reliq as they are subject to these forces.   I am not expecting much from them in terms of revenue and, any confirmation of steady growth will be a HUGE PLUS.

MPO
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