Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Mar 08, 2023 4:11pm
70 Views
Post# 35326731

RE:RE:RE:RE:RE:people have to realize that 250k on contracts are annual

RE:RE:RE:RE:RE:people have to realize that 250k on contracts are annual

I think Reliq was clueless about how their clients were performing with patients. Lousy monitoring system. Probably why Reliq had to start telling shareholders it takes 6 months to get a patient to billable status. Would not be surprized to learn that R&D is up now in part due to fixing the software again. They've done it before. In 2018 when mgmt came clean about no patients boarded and rumors of many software glitches they increased R&D spending big time and spun it as doing updates now that were always planned down the road. What a crock of BS.

 

One of the things that we've learned that I found very interesting when our care managers started reaching out to patients who are not adherent, so once we contacted the existing clients have gotten permission to contact the patients about adherence, it turned out -- in a large number of the cases, the issue is that the patient had received the hardware, it might have been six or nine months previously. But we're still waiting for a call for their -- from their doctor to teach them how to use the unit or even just tell them, okay, you should start collecting your data. And I'll be checking in on you.

So, there was a little bit of a disconnect between the patient's expectations and the clinicians expectations where the clinicians have kind of thought, that patient will receive the device, they're going to just get started on their own. And the patients thought they really weren't supposed to start until they heard from their clinician.

 




Qwerty22 wrote "I've got a question for anybody. WRT adherence. Patients onboarded by RHT supposedly had 70% adherence, by clients it was 20%. If that was the cause of the big revenue miss does that mean this problem ran for all of 2022 before they either noticed the problem or managed the fix? What does that say about their problem solving capabilities?"

<< Previous
Bullboard Posts
Next >>