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Bullboard - Stock Discussion Forum 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... see more

TSXV:RHT.H - Post Discussion

Reliq Health Technologies Inc > Reliq inks pact with healthcare sys operating in 7 US states
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Post by Humanist on Mar 16, 2023 8:31am

Reliq inks pact with healthcare sys operating in 7 US states

wow are we about to break out? i think this is possibly the best & biggest deal by far!  glta 

Reliq inks pact with healthcare system operating in 7 US states


Mar. 16, 2023 5:09 AM ETReliq Health Technologies Inc. (RQHTF)
 
Chaay_Tee/iStock via Getty Images

Reliq Health Technologies (OTCPK:RQHTF) said it signed a contract with a large healthcare system having over 1,200 care centers across New York, Ohio, Maryland, Virginia, Florida, Kentucky and South Carolina.


  • The onboarding with the client will begin next month at 20 of its skilled nursing facilities. These are expected to add over 2K new patients per month to Reliq's iUGO Care platform by the end of the year, at an average revenue of $65 per patient per month, according to the company
  •  
  • "The healthcare system has more than 10 million patient encounters a year across their network, said Reliq CEO Lisa Crossley. "With these first 20 facilities alone we expect to add over 2,000 patients per month to the iUGO Care platform at an average revenue of $60 per patient for the first 30 days post-discharge and $65 per patient per month for every subsequent month, at an expected 75% gross margin."
 
Comment by Humanist on Mar 16, 2023 10:00am
i like to highlight just a statement in the NR, ONBOARDING STARTS NEXT MTH AT 20 FACILITIES.. THIS IS BIG, USUSALLY THE ONBOARDING IS 5/6 MTH OR MORE AWAY..  I THINK ITS IMPT TO NOTE GLTA