Reliq Health Technologies Inc V.RHT.H

Alternate Symbol(s): RQHTF

Healthcare Medical Devices

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.

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Reliq Health Technologies Inc > calculate current onboarding rate

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Comment by aaaaaarghon Dec 04, 2021 3:01pm

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Post# 34198754

RE:RE:RE:RE:RE:calculate current onboarding rate

* sorry, should read, " I have NOT seen factual information

aaaaaargh wrote: Respectfully, you are now using a combination of fact and claims. It is totally fine if you want to use actual revenue numbers to support you claim, but you are starting with fact and ending with claim. Because of the requirement that a patient has to be on the platform for a minimum of one month before being able to bill for the service, there is always going to be a delay between patients on the platform and what you see from revenue. When you get the financials from the end of this quarter, the financials will NOT show a run rate equivilant to 40000 patients either.
Furthermore, in the quote below, I have seen factual information to state there was $900.000 in recurring revenue. Can you please provide a link that shows that be fact and not using assumptions? That would be most appreciated.

mingzhu wrote: My calculation is based on actrual facts, not claims. Here are the facts: Q1 revenue was 1.6m, from it, the recurinng was $900k in 3 months. the run rate of profit (500K/10k patiants) can be only reached at the end of Sept, not Jun Otherwise it would be $1.5m recurring revenue plus 700k hardware sale =2.3m revenue in Q1.