Reliq Helth Tech Stock Price, News & Analysis

Reliq Health Technologies (OTCPink:RQHTF) has secured contracts with four Pain Management clinics in California, projected to onboard over 2,000 patients within nine months. Commencing in August, these patients are expected to generate an average revenue of US$50 each monthly, leading to an estimated additional gross revenue of over CDN$130,000. The company’s new iUGO Care Pain Management module aims to enhance the quality of life for chronic pain patients, tapping into a significant market projected to grow from US$6.75 billion in 2021 to US$12.55 billion by 2028.

Reliq Health Technologies Inc. (OTC:RQHTF) has announced contracts with four Pain Management clinics in California, aiming to onboard over 2,000 new patients onto its iUGO Care platform. This expansion targets the large Medicare demographic suffering from chronic pain, with projected revenues of $50 per patient monthly at a 75% gross margin. The initiative is expected to enhance care coordination and reduce healthcare costs by allowing remote patient monitoring, ultimately broadening Reliq's potential patient base to over 60 million.

Reliq Health Technologies (OTCPink:RQHTF) has signed contracts with four physician practices in California and Texas, adding over 5,000 new patients to its telemedicine platform. With anticipated onboarding starting in August, the company expects to generate over CDN$300,000 in additional gross revenue monthly, at an average of US$50 per patient. The initial client via its partnership with Data Soft Logic is live, aiming to onboard over 50,000 patients annually from 2023. Reliq is on track to exceed 100,000 patients on its iUGO Care platform by year-end.

Reliq Health Technologies (OTC:RQHTF) announced new contracts with four physician practices in California and Texas, expected to onboard over 5,000 patients to its iUGO Care platform in the next nine months. The average revenue is projected at $50 per patient, with a gross margin of 75%. Additionally, the company has gone live with its first client through Data Soft Logic, with expectations to add over 50,000 patients annually starting in 2023, generating around $60 per patient, also at 75% gross margin. Reliq aims to reach over 100,000 patients by the end of 2022.

Reliq Health Technologies (RQHTF) announced significant growth with new contracts from two physician practices and a Rural Health Clinic, alongside a sales partnership providing access to over 500 physicians and 100,000 patients. This expansion is expected to add more than 4,000 patients to its Care platform in 2022, generating an anticipated gross revenue of over CDN$250,000 monthly at a 75% gross margin. The company reported a 490% increase in revenues for the nine months ending March 31, 2022, totaling $6,263,304, with improving gross margins of 70%.

Reliq Health Technologies (OTC:RQHTF) announced a new sales partnership accessing over 500 physicians and 100,000 patients in the US Mountain and Pacific regions. The partnership is expected to add over 20,000 patients to Reliq's iUGO Care platform in the next year, generating around $1 million in revenue at a 75% gross margin. Additionally, new contracts with two physician practices and a Rural Health Clinic are projected to contribute 4,000 new patients in 2022. The company aims to exceed 100,000 patients by the end of 2022 as it anticipates rapid growth in the second half of the year.

Reliq Health Technologies Inc. (RQHTF) has announced six new contracts with healthcare providers across California, Texas, Florida, and Puerto Rico, which will add over 3,500 patients to its Care platform in 2022. The company expects to generate additional gross revenue exceeding CDN$225,000 monthly, based on an average revenue of US$50 per patient. The recent quarter ending March 31 saw a 490% revenue growth to $6,263,304, alongside improved gross margins of 70%. Management anticipates further revenue acceleration as larger clients come online, post-COVID.

Reliq Health Technologies Inc. (OTC:RQHTF) has signed six new contracts with healthcare providers across California, Texas, Florida, and Puerto Rico, aiming to onboard over 3,500 patients this year. These contracts, primarily with skilled nursing facilities, leverage new CMS coverage for remote patient monitoring, expected to generate an average revenue of $50 per patient monthly at a 75% gross margin. The company's iUGO Care platform enhances care coordination, improves patient outcomes, and helps manage staffing shortages in the healthcare industry.

Reliq Health Technologies Inc. (OTC:RQHTF) announced its participation in the Lytham Partners Summer 2022 Investor Conference on June 21-22, 2022. CEO Dr. Lisa Crossley will engage in a fireside chat at 9:00 am ET on June 21, accessible via webcast and later on the company’s website. Reliq Health specializes in innovative Virtual Care solutions aimed at improving healthcare delivery and patient outcomes through its iUGO Care platform, which facilitates remote patient monitoring. Management will also hold virtual one-on-one meetings during the conference.