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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

Comment by lscfaon Jan 11, 2023 2:32pm
151 Views
Post# 35216480

RE:RE:RE:Bottlenecks

RE:RE:RE:Bottlenecks
Lifeboat1 wrote: Q22 Do you actually do any DD on the Company before posting?  They already have an existing care management team and that is also one of the things Cognizant does for them.  The only difference is Reliq or Cognizant will do it for all clients instead of some cities trying to do it themselves.

It doesn't impact margins.  Their care manager time is100% paid by the Medicare care management.  Care management is already included in the COS and will go up as sales go up.

additional care management does impact margins. Reliq charges $25/mo/patient for care management  and incurs the labour costs from its own internal call center or expenses for outsourcing to Cognizant. The gross margin on this will be less than the 75% SAAS margin so the blended gross margin will be less 75%.

also, Reliq has been bending over backwards to please clients and taking all the risks so I won't be surprised to learn that it forgoes the $25 care mgmt fee for an introductory trial period of 3 months to prove to clients it is worth it.



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