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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 theinvestor22on Nov 27, 2021 3:40pm
432 Views
Post# 34172540

So, what's Reliq's potential based on market share?

So, what's Reliq's potential based on market share?
As noted on RHT's website, in 2016 over 38M Americans qualified for virtual care.  At 2% annual growth, that would be about 42M Americans in 2021.  For each 1% of the market that Reliq garners, that would add about 420k patients to the platform, which times 2.5 cents** per 1k results in a value of about $10.50.
 
How likely is a 1% market share (420k patients)?  Well, the backlog is probably north of 250k now, they're adding probably >100k patients per year in regular contracts, plus there are some larger (200k to 1M?) ones in the works, so it seems likely a bigger than 1% market share will be achieved, possibly 5% or more.
 
So, 1% gets you a value of $10.50.
 
And, 5% gets you a value of $52.50.
 
You choose a market share and see what it gets you.
 
I'm thinking we're just starting to scratch the surface here.
 
**By the way, some folks think the 2.5 cents/1k patients estimate is quite low.
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