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RELIQ HEALTH TECHS INC - RQHTF STOCK NEWS

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Reliq Health Technologies Inc. (RQHTF) is a leading healthcare technology company focused on developing innovative remote patient monitoring solutions. The company's core business revolves around providing advanced telemedicine platforms and mobile health apps that enable healthcare providers to deliver high-quality care to patients in their homes. With a strong emphasis on improving patient outcomes and reducing healthcare costs, Reliq Health Techs Inc. has established itself as a key player in the digital health industry.

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Reliq Health Technologies has announced the signing of seven new contracts with physician practices and home health agencies in Nevada and Texas, expanding their presence in the healthcare market. The company's integration of their iUGO Care platform into 20 Skilled Nursing Facilities (SNFs) is expected to onboard over 2,000 patients per month by the end of 2023, generating approximately $60 in revenue per patient for the first month and $65 for subsequent months, with an anticipated 75% gross margin. These facilities represent less than 2% of their new client's total of 1,200 care centers, suggesting significant revenue potential for Reliq. The shares are currently trading at $0.53.

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Reliq Health Technologies Inc. (OTC:RQHTF) announced the signing of seven new contracts with physician practices and home health agencies in Nevada and Texas. The company has begun onboarding patients at 20 Skilled Nursing Facilities (SNFs) associated with a large healthcare system client. By the end of 2023, Reliq expects to add over 2,000 new patients per month to its iUGO Care platform, generating an average revenue of $65 per patient per month, with a projected gross margin of 75%. This expansion is indicative of Reliq's focus on the growing virtual care market, particularly in regions with significant populations of chronic disease patients.

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Reliq Health Technologies Inc. (OTC:RQHTF) held a corporate update webinar on April 12, 2023, at 9:00 am PDT / 12:00 pm EDT to discuss operational updates and the outlook for the remainder of 2023. The session aimed to provide insights into the company's innovative Virtual Care solutions targeted at the multi-billion dollar healthcare market. Reliq's iUGO Care platform focuses on care coordination, enabling complex patients to receive quality care from home, which reduces hospital readmissions and care delivery costs. Recording of the webinar will be available on the company's website shortly after it concludes.

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Reliq Health Technologies Inc. (OTC:RQHTF) announced a webinar on April 12, 2023, at 9:00 am PDT to update shareholders on operational progress and financial outlook for 2023. CEO Dr. Lisa Crossley highlighted the company's achievements in enhancing patient adherence and accelerating collections, aiming to be fully caught up on collections by the end of June 2023. This is expected to result in significant cash inflow in the first half of the year. The iUGO Care platform plays a vital role in providing innovative virtual healthcare solutions, which enhances care coordination and reduces costs.

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Reliq Health Technologies has signed 10 new contracts across the U.S., adding over 5,000 patients to its iUGO Care platform by year-end 2023. The contracts include eight physician practices in Nevada and Northern California, and two home health agencies in Texas. The expected revenue is approximately US$65 per patient monthly, with a gross margin of 75%. This expansion aims to enhance virtual care access, especially for rural Medicare populations in Northern California. Reliq's shares currently trade at $0.50.

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Reliq Health Technologies Inc. has signed 10 new contracts with eight physician practices in Nevada and Northern California, plus two home health agencies in Texas. This expansion will add over 5,000 new patients to the iUGO Care platform by the end of 2023, generating an average revenue of $65 per patient per month with an expected 75% gross margin. The company aims to enhance healthcare access, particularly in rural areas facing care challenges. Reliq's iUGO Care platform facilitates remote patient monitoring and chronic care management, ultimately improving health outcomes and reducing care delivery costs.

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Reliq Health Technologies Inc. (OTCPink:RQHTF) has secured a contract with a significant healthcare system managing over 1,200 care centers across seven states in the U.S. This includes skilled nursing facilities, hospitals, and home health agencies. The company anticipates onboarding more than 2,000 patients monthly through its iUGO Care platform, generating an estimated US$60 per patient initially and US$65 monthly thereafter, with a projected 75% gross margin. Market research indicates the skilled nursing facility market could reach US$252 billion by 2032. Reliq's platform aims to enhance patient care while reducing healthcare costs.

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Reliq Health Technologies Inc. (OTC:RQHTF) has signed a significant contract with a large healthcare system operating over 1,200 care centers across several states. The onboarding will commence next month at 20 Skilled Nursing Facilities, projected to add 2,000 new patients monthly to Reliq’s iUGO Care platform by year-end 2023. With an average revenue of $65 per patient per month, this represents a potential gross margin of 75%. Dr. Lisa Crossley highlighted the importance of this contract as validation of Reliq's market position and value proposition in delivering virtual care solutions.

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FAQ

What is the current stock price of RELIQ HEALTH TECHS (RQHTF)?

The current stock price of RELIQ HEALTH TECHS (RQHTF) is $0.0002 as of October 3, 2024.

What is the market cap of RELIQ HEALTH TECHS (RQHTF)?

The market cap of RELIQ HEALTH TECHS (RQHTF) is approximately 34.1M.

What is Reliq Health Technologies Inc. known for?

Reliq Health Techs Inc. is known for developing innovative remote patient monitoring solutions and telemedicine platforms.

What is the core business of Reliq Health Technologies Inc.?

The core business of Reliq Health Techs Inc. revolves around providing advanced telemedicine platforms and mobile health apps.

Who is the current Interim CEO of Reliq Health Technologies Inc.?

The current Interim CEO of Reliq Health Techs Inc. is Chris Shields.

How does Reliq Health Technologies Inc. contribute to improving patient outcomes?

Reliq Health Techs Inc. enables healthcare providers to deliver high-quality care to patients in their homes, leading to improved patient outcomes.

What sets Reliq Health Technologies Inc. apart in the digital health industry?

Reliq Health Techs Inc. stands out in the digital health industry due to its focus on remote patient monitoring solutions and commitment to reducing healthcare costs.

How can investors get in touch with the Investor Relations team at Reliq Health Technologies Inc.?

Investors can contact the Investor Relations team at ir@reliqhealth.com for further information.

What are some recent achievements of Reliq Health Technologies Inc.?

Reliq Health Techs Inc. has recently achieved milestones in expanding its telemedicine platforms and enhancing its mobile health apps.

What is the goal of Reliq Health Technologies Inc.?

The goal of Reliq Health Techs Inc. is to revolutionize healthcare delivery through cutting-edge remote patient monitoring solutions.

Who can benefit from the solutions offered by Reliq Health Technologies Inc.?

Healthcare providers, patients, and payers can all benefit from the innovative solutions provided by Reliq Health Techs Inc.

How does Reliq Health Technologies Inc. aim to reduce healthcare costs?

Reliq Health Techs Inc. aims to reduce healthcare costs by enabling remote patient monitoring and improving patient outcomes.

RELIQ HEALTH TECHS INC

OTC:RQHTF

RQHTF Rankings

RQHTF Stock Data

34.08M
218.50M
0.75%
2.54%
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