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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.


TSXV:RHT.H - Post by User

Reliq Health Technologies Inc > Recent posting re settlement
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Comment by Lifeboat1on Jan 25, 2022 10:01am
106 Views
Post# 34357607

RE:RE:RE:RE:RE:Recent posting re settlement

RE:RE:RE:RE:RE:Recent posting re settlementGreat post theinvestor22.  One thing to add.  Fighting the lawsuit in court likely would have cost at least hundreds of thousands of dollars, as you said, but could conceivably exceeded the $600k out of pocket Reliq had to pay in the settlement, as well of taken several years to complete and time from senior management.  This was money well spent by the Company to get this resolved.  $600k out of $5-10 million in 2022 earnings is clearly worth it just to get another distraction out of the way.

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