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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

Comment by Justforfun10on Sep 20, 2023 11:01am
139 Views
Post# 35645354

RE:New Press Release - Reliq Health Technologies, Inc. to Provide Corporate Update on September 27, 2023 at the Virtual Tech Conference Series, Presented by Maxim Group LLC

RE:New Press Release - Reliq Health Technologies, Inc. to Provide Corporate Update on September 27, 2023 at the Virtual Tech Conference Series, Presented by Maxim Group LLCCorrect me if I'm wrong but it doesn't sound like the company will be providing any information on accelerating PATIENT traction regarding on-boarding, adherence and collections. What they don't talk about is as important as what they do. On April 12 they were very eager to tell us they had collected $1 million in revenues from January to March with the majority coming in the last few weeks. Going forward they would be providing details on those metrics as some people like to do their own calculations. Since then we haven't been given any details other than a vague statement that progress has been slower than anticipated. So if we don't get any information for July, August and most of September then that likely means that progress is NOT good but not necessarily BAD. In the short term, if accelerating CUSTOMER traction gives us 1 million on-boarded patients and let's say we get collections on 5% of those patients then software revenues will be approximately $40 million, NOT too bad. A SHEER VOLUME story. In the long term, if accelerating PATIENT traction continues and PATIENT adherence and collections improve then the sky is the limit. 
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