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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

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Post by Gangsterme on Sep 22, 2023 3:25pm

Onboarding

Most of the on-boarding is done electronically. Cognizant is helping with Care Management when needed. This eliminates any hiring needs is seems. Their sales team appears to be very seasoned and doing a great job in signing new accounts.  Just seems that on-boarding is slow. Hope to see a speed up not only in the last fiscal year but also the most recent quarter. We should have a much better idea who this is proceeding after the 27th.

I am a Canadian, will the possible USA government shutdown next week cause cash flow problems?
Comment by Mitch43 on Sep 23, 2023 7:51am
Wakey wakey, and smell the roses... The very fact the CO had to issue new shares twice recently , something its CEO stated previously on a couple of occasions they would not have to do due to increased profitability streaming from the long list of new signed unverifiable contracts means they do have cash flow problems already since the CO beginnin in 2016. Plus I should remind you they already ...more  
Comment by lscfa on Sep 23, 2023 12:03pm
There's always something mgmt is not disclosing in a timely manner.  Onboarding requires patient consent. Reliq started demanding clients in January to give it access to patient contact info. What may be happening is Reliq or Cognizant are having trouble getting patient consent. Patients may view someone other than their physician approaching them with a request as a sales pitch which is ...more  
Comment by lscfa on Sep 23, 2023 12:41pm
The patient adherence problem suggests most of the clients patients are on original medicare because patients on Medicare advantage plans do not need to show adherence for the provider to be reimbursed by medicare. Patients on original medicare have to make monthly co-pays. This may be another reason for resistance to on-boarding.   https://www.medicare.gov/coverage/chronic-care ...more  
Comment by Lifeboat1 on Sep 25, 2023 6:26am
IScfa- Can you back up your statement that Medicare advantage rpm patients don't need to show adherence for providers to be reimbursed.  I have not see any evidence that that is true.  It is my understanding (having experience with Medicare advantage plans) that they still follow the Medicare regulations but reimbursement rates and copays can vary.
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