In a news release, global telemedicine company Reliq Health Technologies Inc. (RHT:TSX.V; RQHTF:OTCQB; A2AJTB:WKN), which develops innovative technology enhanced solutions for the healthcare market, announced that "it has signed contracts with three physician practices in Texas to provide its iUGO Care platform to their chronic disease patients."
Reliq Health's CEO Dr. Lisa Crossley commented, "We are very pleased to be adding three new U.S. physician practices to our iUGO Care platform. The average revenue from these contracts will be US$65 per patient per month and all three of these new clients will go live this month."
"Onboarding with all clients is proceeding per the guidance we have provided for 2021 and we remain on track to exit December 2021 at a run rate of $2,000,000 per month in revenue. We expect to work through our backlog of over 200,000 patients in the next 18-24 months as the healthcare sector continues its recovery from the global pandemic," Dr. Crossley added.
Reliq Health is a global telemedicine company that created and engineered its iUGO Care platform to support virtual and community-based healthcare delivery. The firm's iUGO Care aids in improving patient health outcomes and reduces medical care costs by giving providers access to real-time patient monitoring data. This level of interaction offers features that allow for timely and critical intervention by medical staff that often can reduce the need for costly emergency room visits and hospital readmissions.
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