- Reliq Health Technologies (RHT) has signed new contracts with three assisted-living facilities and three physician practices in Pennsylvania and California
- The company expects to onboard more than 3,000 new patients to its iUGO Care platform through these contracts by the end of the year, at an average revenue of $65 per patient per month
- The team can use artificial intelligence (AI) in the iUGO Care platform to improve patient health outcomes
- Reliq Health Technologies Inc. (RHT) was up 3.85 per cent, trading at C$0.54 per share at 12:30 pm ET
Reliq Health Technologies (RHT) has signed new contracts with three assisted-living facilities and three physician practices.
The six new clients are based in Pennsylvania and California.
The company expects to onboard more than 3,000 new patients to its iUGO Care platform through these contracts by the end of the year, at an average revenue of $65 per patient per month.
Dr. Lisa Crossley, CEO at Reliq Health Technologies Inc., explained that the assisted living facilities will be using the company’s iUGO Home solution to provide in-facility emergency alerts, fall detection and geofencing, along with a secure portal for family members to monitor their loved one’s condition while in the facility.
“The geo-fencing feature allows staff to receive alerts if a patient with cognitive issues attempts to leave the facility on their own. The facilities will also be using Reliq’s patient monitoring and telemedicine modules to track medication compliance, monitor vitals, and facilitate virtual visits for their residents with primary care providers and specialists such as cardiologists.”
She added that the team can use artificial intelligence (AI) in the iUGO Care platform to improve patient health outcomes.
“The fall detection data collected in assisted-living facilities along with the data on patients’ medications, clinical conditions and vital signs can be used with AI to create predictive algorithms that identify those patients who are most at risk of falls. This allows facilities to implement appropriate fall prevention measures for these at-risk patients, reducing falls and the resulting complications and hospitalizations.”
Reliq Health Technologies specializes in developing software-as-a-service (SaaS) solutions for remote patient monitoring, telemedicine, and care collaboration.
Reliq Health Technologies Inc. (RHT) was up 3.85 per cent, trading at C$0.54 per share at 12:30 pm ET.