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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 10, 2020 9:20am
97 Views
Post# 31132524

Valuation should be # of viritual visits - not # onboarded

Valuation should be # of viritual visits - not # onboardedYou want MAXIMUM bang for your buck.

You do not want a 1,000,000 patients  using the service 1 time each

You prefer to have 100,000 patients using the service 10 times each

Or even better, 10,000 patients using the service 100 times each

That is EFFICIENCY.   

The number of people onboarded is MEANINGLESS because you have can 1,000,000 patients but no one is using the service.

Therefore the best measure of revenue growth is to know how many viritual visits made in this quarter verus last quarter versus the quarter before.

Example in Q2, revenue was $ 400,000. at $ 25 fee rate, means 16,000 viritual visits

In Q3, revenue was $ 450,000 at $ 25 fee rate, means 18,000 virtual visits..

That is a nice jump from Q3 to Q2. 

In Q4 hopefully we hit $ 500,000 at $ 25 fee rate, means 20,000 virtual visits. 

MPO
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