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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

Post by qwerty22on Apr 12, 2023 2:12pm
245 Views
Post# 35391194

New patients per quarter ???

New patients per quarter ???So I wanted to work out how many new patients RHT get each month and how much new revenue it might generate with these new adherence numbers. Here's my numbers, somebody correct them.

So if revenue from SaaS increased between the past two Qs by $300,000 and if each patient generates $60 per month ($180 per quarter) then that means 1600 new revenue generating patients per month. Given historically only 30% of onboarded patient were adherent and revenue generating then that might mean about 5,500 new patients were coming onboard the system each Q. If now 70% of new patients are now adherent and the number of new patients stayed the same then that would mean about 3900 new patient each Q would be adherent and generating $700,000 extra SaaS revenue each Q. That would be something of a step change in revenue QonQ. Is this possible/right?
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