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Reliq Health Technologies (OTC:RQHTF) has signed a contract with its first Orthopedic Practice in Texas, expanding its iUGO Care platform to manage chronic orthopedic and post-operative patients at home. The platform taps into a significant market, with over 5.7 million arthritis patients in Texas. Reliq anticipates onboarding patients in April, generating an average of $50 per patient monthly, leading to potential annual billings of over $500,000 for practices. This development aligns with the rising demand for virtual healthcare solutions post-vaccine rollout.
Reliq Health Technologies Inc. (OTC:RQHTF) announced its participation in the Lytham Partners Spring 2021 Investor Conference on March 30, 2021, at 3:30 PM ET. The company's CEO, Dr. Lisa Crossley, will deliver a presentation available via webcast on their website, with an archive for later viewing. Reliq specializes in telemedicine, providing innovative Virtual Care solutions through its iUGO Care platform, enhancing patient care and reducing healthcare costs. The event will be held from March 30 to April 1, 2021, with opportunities for virtual one-on-one meetings.
Reliq Health Technologies Inc. (OTC:RQHTF) announced a new contract with a Florida physician practice serving 25 Skilled Nursing Facilities (SNFs). The partnership aims to onboard new patients as Florida recovers from the pandemic, leveraging the iUGO Care platform for proactive care. This move is expected to generate approximately $50 per patient/month, servicing over 5,000 eligible patients annually. The iUGO Care solutions will enhance patient outcomes and create new revenue streams for SNFs, mitigating readmission penalties.
Reliq Health Technologies (OTCQB: RQHTF) reported exceptional growth in Q2 FY2021, achieving a 108% revenue increase quarter-over-quarter compared to Q1 FY2021. The working capital surged from $938,892 to $2,092,136, alongside an improved gross margin of 54% from 43% in Q1 FY2021. The company successfully closed a $3,036,000 private placement and anticipates profitability by Q4 FY2021. Strategic alliances with multiple healthcare providers and significant onboarding efforts highlight Reliq's growth trajectory in the telemedicine space.
Reliq Health Technologies Inc. (RQHTF) announced a webinar on March 2, 2021, at 6:00am PST / 9:00am EST to discuss the Q2 Fiscal Year 2021 financial results. The session will provide key insights into the company’s performance and updates on their virtual care solutions.
Reliq, a growing telemedicine company, offers the iUGO Care platform aimed at enhancing healthcare delivery while reducing costs. A recording will be available on their website post-webinar.
Reliq Health Technologies Inc. (OTC:RQHTF) announced a new contract with a US Nephrology practice to utilize its iUGO Care platform for monitoring Chronic Kidney Disease (CKD) patients. With over 36 million Americans affected by CKD, the platform aims to help manage medication compliance and co-morbidities like diabetes and hypertension. Reliq expects to onboard 5,000 patients by year-end, generating average revenue of $65 per patient per month. This marks a significant step in expanding its virtual care solutions within the healthcare market.
Reliq Health Technologies Inc. (OTC:RQHTF) has announced a new contract with a California-based Care Management Network, encompassing 50 clinics and over 500 physicians. This network aims to provide culturally-customized healthcare to Asian-American senior citizens across the state. The company will utilize its iUGO Care platform to offer multilingual services, including Remote Patient Monitoring and Chronic Care Management. Expected onboarding of patients starts in March, with an average revenue projection of US$40 per patient per month.
Reliq Health Technologies Inc. (OTC:RQHTF) announced its partnership with Wall Street Reporter to expand its reach in the US investment community. CEO Dr. Lisa Crossley stated that the collaboration aims to share Reliq's growth story more widely, particularly given the anticipated significant growth this year. Additionally, Reliq has contracted Octagon Media Corp. for a six-month digital media campaign at a fee of $125,000 and stock options for 650,000 shares at $1.00 CAD. The company continues to focus on its iUGO Care platform, enhancing healthcare delivery through telemedicine solutions.
Reliq Health Technologies Inc. (RQHTF) has launched its iUGO Well platform in Australia, partnering with the University of Notre Dame Australia to enhance the health and wellbeing of its students and staff. The platform addresses mental health needs, especially during the challenges posed by COVID-19. The contract aims for a mid-October go-live date, aligning with government initiatives focused on workplace mental health. iUGO Well offers mobile and web applications for preventative health programs, promoting resilience and reducing stress.