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 > 3 month or 6 month revenue delay after being onboarded ?

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Comment by aaaaaarghon Aug 31, 2022 11:03pm

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Post# 34934418

RE:RE:RE:RE:3 month or 6 month revenue delay after being onboarded ?

I have a lot of sarcastic posts. There is zero sarcasm in this one. We have been living with COVID for years. Sure it has impacts on many things. I for one can make forecasts that include that fact that COVID is a reality in our world, especially after seeing the actual effects over time. It's called common sense. Cheers!

teeswater wrote: Do you ever give it a rest...seriously, if you are invested and believe in the company, why nothing positive ever? Covid did a lot of damage to many companies and people, and RHT of course....can you please not be such a debbie downer all the time... I respect you as a poster, but your sarcasm goes to far

uote=aaaaaargh]To be totally fair, if they come in with 7-8 million in revenue for the year end quarter, choice 4 would be they were accurate in their statement. eom.....

aaaaaargh wrote:

mingzhu wrote: i used 3 month delay as my calculation. But there is possibility of 6 month delay. Once patient is onboarded, it takes a couple of months for patients to get used to the virtual service regularly. no service, no fee is generated. Then docters or health care agencies charge Medicare. That takes a couple of months. Now it is RHT turn to charge doctors or agencies. Finally the fee is reflected on RHT revenue after another 2 months. RHT should clearly state how long it takes for fee to be reflected on revenue after a patient being onboarded. It said 2 or 3 months in Q3 report. But every indication shows it takes more than that period. Is it because it would disappoint investors if it takes longer as to not say so?. I would be much happier if it says like it is. I am patient investor and do not care another 3 months.

You literally say RHT should clearly state how long it takes for fee to be reflected on revenue, and then in the next sentence acknowledge that they have done so. Your choices are
1- they are a bunch of liars
2- they are incompetent morons and know less than random bullboard posters despite having all the actual numbers
3- both.