In a news release, mobile health and telemedicine solutions technology company Reliq Health Technologies Inc. (RHT:TSX.V; RQHTF:OTCQB) announced that it has signed "contracts with eight new clients in Texas to use its proprietary iUGO Care Remote Patient Monitoring (RPM), Chronic Care Management (CCM), Principal Care Management (PCM) and Telemedicine platform."
CEO Dr. Lisa Crossley commented, "We are very pleased to have added eight new clients to our customer base in Texas...We will begin onboarding patients for these clients in May."
"The new clients include physician practices, home health agencies and an oncology specialist practice. The oncology practice will be using Reliq's new iUGO Care PCM module. New billing codes for PCM were introduced by the Centers for Medicare and Medicaid Services in 2020. These codes allow specialists to provide care management services to patients with one high risk disease or complex chronic condition, unlike CCM codes that are designed for primary care physicians to provide care management services for patients with at least two chronic conditions. The new PCM billing codes can be billed concurrently with RPM, providing substantial new virtual care-based revenue streams to specialists," Dr. Crossley added.
Reliq Health is a healthcare technology company based in Hamilton, Ont., Canada that develops software solutions for the Community Care market. The company stated that, "its powerful iUGO Care platform supports care coordination and community-based healthcare, and allows complex patients to receive high quality care at home, improve health outcomes, enhances quality of life for patients and families and reduces the cost of care delivery." The firm stated that its iUGO Care offers real-time access to remote patient monitoring data, which allows the care team the ability to quickly intervene in order to limit costly ER visits and hospital readmissions.
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