HAMILTON, Ontario, November 16, 2021 (GLOBE NEWSWIRE) – Reliq Health Technologies Inc. (TSXV: RHT or OTC: RQHTF or WKN: A2AJTB) (“Reliq“or the”Society“), a rapidly growing global medical technology company that develops innovative virtual care solutions for the multi-billion dollar healthcare market, today announced it has signed contracts with three new customers in California, including one palliative care organization, a network of home care agencies and a care management network.
âWe are thrilled to be expanding our business in California,â said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. âTogether these three healthcare organizations have more than 200 physician offices and more than 50,000 patients. eligible for Medicare statewide. California has the highest number of Medicare beneficiaries of any state, with more than 4.5 million residents enrolled in Medicare. As the population ages, the percentage of Californians covered by Medicare will continue to increase faster than the national average. Over 79% of Medicare patients in California or over 3.5 million people have two or more chronic conditions. Medicare reimbursement in California is among the highest in the United States, and medical offices in California can receive more than $ 400 per patient per month from the Centers for Medicare & Medicaid Services (CMS) for services provided to the. using Reliq’s iUGO Care platform. The Company expects to generate over $ 65 per patient per month from these contracts. Integration with the first two doctors’ offices is expected to begin next month. “
Reliq Health Technologies is a rapidly growing global medical technology company specializing in the development of innovative virtual care solutions for the multi-billion dollar healthcare market. Reliq’s powerful iUGO Care platform supports care coordination and community-based virtual healthcare. iUGO Care enables complex patients to receive high quality care at home, improving health outcomes, improving the quality of life for patients and families, and reducing the cost of providing care. iUGO Care provides real-time access to remote patient monitoring data, enabling timely interventions by the healthcare team to avoid costly hospital readmissions and emergency room visits. Reliq Health Technologies trades on the TSX Venture Exchange under the symbol RHT, on the OTC under the name RQHTF and on the WKN under the name A2AJTB.
ON BEHALF OF THE BOARD
“Dr. Lisa Crossley”
CEO and director
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SOURCE: Reliq Health Technologies Inc.