Reliq Health Technologies, Inc. Announces New Contract with Blum Telehealth to Provide its iUGO Care Platform to over 50,000 ...
March 02 2020 - 6:00AM
Reliq Health Technologies Inc. (TSXV:RHT or
OTCQB:RQHTF) (“
Reliq” or the
“
Company”), a technology company focused on
developing innovative mobile health (mHealth) and telemedicine
solutions for Community-Based Healthcare, today announced that it
has signed a contract with Blum Telehealth to provide its iUGO Care
Chronic Care Management (CCM) and Behavioral Health Integration
(BHI) solutions to over 50,000 eligible Medicare patients in
Louisiana.
“We are very pleased to be working with Blum
Telehealth to bring our iUGO Care Chronic Care Management (CCM) and
Behavioral Health Integration (BHI) solutions to more than 50,000
patients throughout Louisiana,” said Dr. Lisa Crossley, CEO of
Reliq Health Technologies, Inc. “We will be working with over 150
Rural Health Clinics (RHCs) and Federally Qualified Health Centers
(FQHCs) in Louisiana, providing our iUGO Care software, as well as
support services through our call center in Port St Lucie, Florida.
We’ll begin onboarding CCM patients to our platform in April and
will expand to include BHI patients in Q3 of this calendar year.
Each patient on the platform will generate between $30 and $100 USD
per month in revenue, depending on the modules and services
required for the given patient. We expect to complete onboarding of
all patients within the next 12 months.”
Integrating behavioral health care with primary
care can improve outcomes for the millions of Americans with mental
or behavioral health conditions. Eligible conditions include any
mental, behavioral health, or psychiatric condition being treated
by the billing practitioner, including substance use disorders.
Behavioral health integration enhances standard primary care by
adding two key services: care management support for patients
receiving behavioral health treatment and regular psychiatric
inter-specialty consultation. The iUGO Care Behavioral Health
Integration (BHI) module allows clinicians to leverage the billing
codes introduced by the Centers for Medicare and Medicaid Services
(CMS) for Psychiatric Collaborative Care Model (CoCM) services and
General BHI services. The iUGO Care BHI module enables care
coordination, secure communication and time tracking for the three
clinical roles that must work together to deliver CoCM and General
BHI services: the Behavioral Health Care Manager, the Psychiatric
Consultant and the Treating (Billing) Practitioner.
About Blum TelehealthBlum
brings together all of your health care providers. Blum can reduce
health care costs and expand reach. Blum can reduce health care
costs and expand reach for health care providers. Hospitals can
refer non-critical patients to practitioners and out of the
emergency room. In schools, Blum brings together parent,
pediatrician and school nurse to diagnose and treat a sick student
without anyone having to leave the office. Almost all facilities
can expand reach to underserved populations very cost-efficiently.
Learn more at https://www.blumtelehealth.com/.
About Reliq HealthReliq Health
Technologies is a healthcare technology company that specializes in
developing innovative software solutions for the Community Care
market. Reliq’s powerful iUGO Care platform supports care
coordination and community-based 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 and on the OTCQB as RQHTF. Learn
more at https://www.reliqhealth.com/.
ON BEHALF OF THE BOARD“Dr. Lisa Crossley”CEO and Director
For further information please contact:Investor
Relations at ir@reliqhealth.com
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Cautionary Statements Regarding Forward
Looking Information
Certain statements in this press release
constitute forward-looking statements, within the meaning of
applicable securities laws. All statements that are not
historical facts, including without limitation, statements
regarding future estimates, plans, programs, forecasts,
projections, objectives, assumptions, expectations or beliefs of
future performance, are "forward-looking statements".
We caution you that such "forward-looking
statements" involve known and unknown risks and uncertainties that
could cause actual and future events to differ materially from
those anticipated in such statements.
Forward-looking statements include, but are not
limited to, statements with respect to commercial operations,
including technology development, anticipated revenues, projected
size of market, and other information that is based on forecasts of
future results, estimates of amounts not yet determinable and
assumptions of management.
Reliq Health Technologies Inc. (the
"Company") does not intend and does not assume any
obligation, to update these forward-looking statements except as
required by law. These forward-looking statements involve risks and
uncertainties relating to, among other things, technology
development and marketing activities, the Company's historical
experience with technology development, uninsured risks. Actual
results may differ materially from those expressed or implied by
such forward-looking statements.
SOURCE: Reliq Health Technologies Inc.
Reliq Health Technologies (TSXV:RHT)
Historical Stock Chart
From Mar 2024 to Apr 2024
Reliq Health Technologies (TSXV:RHT)
Historical Stock Chart
From Apr 2023 to Apr 2024