reply from IR Scott to my questions on new contractsMy questions:
"
Hi Scott, some questions here
1, When will it start onboarding for those hospital patients?
2, What is the total patients for this contract?
3, what does it mean by "The Company expects to add over 5,000 new patients per month to the platform by the end of 2024"? starting small number of patients now and reaching 5000 patients/month by the end of 2024, and thereafter continuously or starting onboarding 5k /m by the end of 2024?
4, what are difference between new post-discharge program for acute care hospitals and previous SNFs contracts? "
reply: "Thank you for your interest in Reliq.
1. I expect to start before the end of the year and as soon as next month.
2. We have not determined the upper limit for the contract at this time. The Company expects to have at least 5,000 a month by the end of 2024.
3. The hospitals will likely start with a few hundred of the most critical patients a month in 2024 and ramp up to 5,000 a month by the end of the year.
4. Similar programs but hospital stays are shorter than SNF so it is more important to monitor patients post discharge. Hospitals also send patients to the SNF. If Reliq starts monitoring a patient post hospital discharge and before they enter the SNF, the patient will be monitored during their entire SNF stay which will improve the health outcome and likely reduce the SNF stay.
Best Regards,
Scott
Reliq IR"