Reliq Health Technologies, Inc. Announces Two New Contracts with US Nephrology Clinics
Reliq Health Technologies Inc. (OTC:RQHTF) announced new contracts with two US Nephrology practices for its iUGO Care platform, aimed at managing Chronic Kidney Disease (CKD) patients. The platform facilitates home monitoring, enhancing patient care and reducing costs. Dr. Lisa Crossley, CEO, highlighted the growing demand for iUGO Care, especially post-COVID-19 vaccine rollout. Reliq expects to earn an average of $65 USD per patient per month under these contracts. This marks a significant expansion into the Nephrology sector, supporting better health outcomes for CKD patients.
- New contracts with two US Nephrology practices expand market reach.
- iUGO Care platform expected to generate average revenue of $65 USD/patient/month.
- Growing demand for telemedicine solutions in the US healthcare market.
- None.
HAMILTON, Ontario, April 21, 2021 (GLOBE NEWSWIRE) -- Reliq Health Technologies Inc. (TSXV:RHT or OTC:RQHTF or WKN:A2AJTB) (“Reliq” or the “Company”), a rapidly growing global telemedicine company that develops innovative Virtual Care solutions for the multi-billion dollar Healthcare market, today announced that it has signed contracts with two US Nephrology practices to use Reliq’s proprietary iUGO Care platform to monitor Chronic Kidney Disease (CKD) patients.
“It is exciting to see the rapidly increasing demand for Reliq’s iUGO Care platform with specialists in the US,” said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. “As the US begins to open up thanks to a successful COVID-19 vaccine rollout, we are increasing the number of patients we onboard to our platform every week and signing new contracts with clients in a number of new market segments, including the Nephrology space. Using iUGO Care, Nephrologists can monitor Chronic Kidney Disease (CKD) patients at home to help prevent disease progression. Chronic Kidney Disease typically develops as a result of uncontrolled high blood pressure and/or diabetes. Ensuring medication compliance and managing blood pressure and blood sugar in CKD patients is critical to limiting further damage to the kidneys that could lead to End Stage Renal Disease (ESRD), dependence on dialysis, the need for a kidney transplant and ultimately death. Reliq will receive an average revenue of
Reliq Health
Reliq Health Technologies is a rapidly growing global telemedicine that specializes in developing 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 allows complex patients to receive high quality care at home, improving health outcomes, enhancing quality of life for patients and families and reducing the cost of care delivery. iUGO Care provides real-time access to remote patient monitoring data, allowing for timely interventions by the care team to prevent costly hospital readmissions and ER visits. Reliq Health Technologies trades on the TSX Venture under the symbol RHT, on the OTC as RQHTF and on the WKN as A2AJTB.
ON BEHALF OF THE BOARD
“Dr. Lisa Crossley”
CEO and Director
For further information please contact:
Company Contact
Investor Relations at ir@reliqhealth.com
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SOURCE: Reliq Health Technologies Inc.
