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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 Jun 01, 2020 8:56am
152 Views
Post# 31095392

Q3 vs Q2 medical consultations: 18,000 vs 15,200

Q3 vs Q2 medical consultations: 18,000 vs 15,200Investors are always trying to figure out how many patients are onboarded and what is average fee rate and, what is retention rate.

Since the company will not release onboarding patients and, since it is impossible to know how many times a patient calls for medical services, it could be one that does 5 calls or, five people each doing one call, then it is best to count the number of consultations as a key to measure growth. 

In Q2:   revenue was $ 380,000

- therefore at $ 25 flat fee, it equates to 15,200 medical consultations.

In Q3:   revenue was $ 450,000

- therefore at $ 25 flat fee, it equates to 18,000 medical consultations

What we can say is that IUGO medical health service is catching on and it is excellent quarter over quarter growth. 

As number of consulations rise, revenue will rise too.

MPO
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