Reliq Helth Tech Stock Price, News & Analysis

Reliq Health Technologies (OTC:RQHTF) announces its participation in the Virtual Gravitas Health Reimagined Investor Day on September 16, 2021. CEO Dr. Lisa Crossley will present at 10:30 AM PT, discussing the company's advancements in virtual healthcare via the iUGO Care platform. This event targets institutional and retail investors, enhancing Reliq's visibility in the multi-billion dollar healthcare market. Additionally, Reliq has renewed its engagement with Octagon Media Corp. for a six-month digital marketing campaign, compensating them with two payments totaling $125,000.

Reliq Health Technologies Inc. (OTC:RQHTF) has secured a contract with digiiMED to provide its iUGO Care platform and medical monitoring devices to over 2,500 Medicare Advantage Cardiology patients in Puerto Rico. This partnership is expected to generate an average revenue of $40 per patient per month, with a one-time device supply payment exceeding $500,000. Reliq anticipates achieving a revenue run rate of $2 million per month by December 2021 and expects its first profitable quarter during this time, without needing additional funding for its revenue targets.

Reliq Health Technologies Inc. (OTC:RQHTF) has announced a contract with digiiMED to provide its iUGO Care platform and Care Management Services for over 1,500 patients in the US Virgin Islands. This initiative aims to improve chronic disease management and mental health support through local Rural Health Clinics. With an average revenue of $40 per patient per month, the contract reflects increasing demand for Reliq's services. Onboarding is expected to start this month and complete by November, addressing critical health needs in the region.

Reliq Health Technologies Inc. (OTC:RQHTF) has secured a new contract through digiiMED to deploy its iUGO Care platform for over 1,500 patients in the US Virgin Islands. The contract aims to provide essential telemedicine services via Rural Health Clinics to monitor chronic disease patients, significantly improving healthcare access. The Company expects to earn an average of $40 per patient per month, reflecting growing demand for its services across diverse clinical applications. Onboarding is scheduled to commence this month, with completion anticipated in November.

Reliq Health Technologies (OTC:RQHTF) announced the expansion of its iUGO Care platform to support Medicare-funded Remote Patient Monitoring, Chronic Care Management, and Behavioral Health Integration services for HIV patients. There are over 1.2 million people with HIV in the US, with many qualifying for Medicare. The average HIV clinic is expected to generate an additional $372 per patient monthly by utilizing iUGO Care, potentially enhancing health outcomes and generating new revenue. Reliq anticipates onboarding HIV patients this fall, projecting an average revenue of $65 per patient monthly for the company.

Reliq Health Technologies Inc. (OTC:RQHTF) announced contracts with six new US primary care physician practices, set to onboard over 4,000 chronic disease patients to its iUGO Care platform. The average revenue from these contracts exceeds $40 USD per patient monthly. Onboarding is expected to complete by October. The company anticipates its first full profitable quarter this quarter, marking a significant milestone. Reliq's innovative telemedicine solutions aim to improve patient care while reducing healthcare costs.

Reliq Health Technologies Inc. (OTC:RQHTF) announced a significant corporate update, achieving a revenue run rate of $1.5 million per quarter, confirming profitability. The company anticipates a total revenue of $11 million for 2021 with gross margins above 75%. Reliq has expanded its market reach with new billing codes for Remote Therapeutic Monitoring, increasing potential clients and patient population significantly. In the first half of 2021, it signed multiple contracts, including partnerships with US primary care practices and health agencies, and aims for a NASDAQ uplisting in early 2022.

Reliq Health Technologies Inc. (OTC:RQHTF) has announced new contracts with three Texas physician practices to use its iUGO Care platform for chronic disease management. Expected revenue from these contracts is $65 USD per patient monthly. All clients are set to go live this month, contributing to a projected run rate of $2 million per month by December 2021. The company aims to onboard over 200,000 patients over the next 18-24 months as it capitalizes on the recovering healthcare sector.

Reliq Health Technologies Inc. (OTC:RQHTF) announced new contracts with three Texas home health agencies to implement its iUGO Care platform for chronic disease management. The company's CEO, Dr. Lisa Crossley, highlighted the positive recovery of home health agencies post-pandemic. The onboarding process is accelerating, aligning with company growth projections for the latter half of 2021. Reliq's iUGO Care platform aims to enhance patient care at home, leading to better health outcomes and reduced healthcare costs.