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 > $15 million delayed hardware order

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Comment by qwerty22on Apr 12, 2023 1:53pm

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Post# 35391164

RE:RE:$15 million delayed hardware order

Adherence - 30% of patients running at 70% adherence, that means 70% still running at 30% adherence, so overall , for whole patient population, adherence is averaging 42%. It's moving in the right direction but I don't expect sudden step changes in revenue especially once you factor in the lag for receivables. This is a year (or more) catch up. SaaS revenue was growing at about $300,000 each quarter. Seems like improved adherence is only going to accelerate that by maybe an extra $100,000.