TSXV:RHT.H - Post by User
Comment by
NobleFron May 26, 2020 10:58pm
72 Views
Post# 31076255
RE:RHT and PTQ are very comparable in their businness's ...
RE:RHT and PTQ are very comparable in their businness's ...KnowWhenToHoldM, I agree that the two help chronically hill patients in their home but in very different ways. Protech is a durable medical equipment provider (Respirators, wheelchairs, lifts, etc) and has very little IT or software services. The home monitoring they do is nothing like Reliq. It is more like having an employee clean up the devices and ask the patient if he needs anything else. Reliq Health as you already know is a tech company focused on software to deliver value to patients. The only hardware they provide is hardware that connects to their software. Being a tech company, Reliq is much more scalable. It is also in the emerging market of virtual care with increasing demand and reimbursement. I think Reliq will grow much faster than Protech for those reasons.