TSXV:RHT.H - Post by User
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HHHAPPYon Mar 24, 2023 11:42am
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Investors should know RHT’s unique advantage i
Investors should know RHT’s unique advantage iin treating medical patients with long post-op care.
I contacted RHTs IR with “ is there other companies that duplicate somewhat that RHT provides? ie competition?”
His response was very promising for RHT shareholders
“There are very few to no comparable in the market to Reliq. As the Company has stated, we are aware that RHT’s generally do not run into competitors.
The two closest are both primarily rpm companies that provide services to mostly insurance companies, health plans, physician groups on a shared risk model.
Vivify Health - purchased by United healthcare
Cadence Care - privately held raised $140 million to date
Most other Companies tend to be small and regional with less than $5 million in revenue or device manufacturers, such as, Phillips, Dexcom, Resmed, Medtronic with limited product range and provide only RPM.
Most CCM or BHI is done using an EHR add in’s with very poor work flow and no rpm integration.
The smaller Companies generally don’t have their own Care Managers, Implementation teams and support the range of devices that Reliq does.”