Reliq Health Technologies, Inc. Announces New Contract with MedTech Evolutions, LLC to Provide its iUGO Care Platform to over...
March 25 2020 - 6:00AM
Reliq Health Technologies Inc. (TSXV:RHT or
OTCQB:RQHTF) (“
Reliq” or the
“
Company”), a technology company that develops
innovative mobile health (mHealth) and telemedicine solutions for
Community-Based Healthcare, today announced that it has signed a
contract with MedTech Evolutions, LLC (“MedTech”) in Kentucky, USA,
to provide its iUGO Care platform to over 27,000 eligible Medicare
patients in Alabama, Illinois, Mississippi and Tennessee.
“We are thrilled to be working with MedTech
Evolutions to bring our iUGO Care platform to their clients,” said
Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc.
“MedTech’s clients provide care to over 27,000 chronic disease
patients in Alabama, Illinois, Mississippi and Tennessee. We
will be deploying our Remote Patient Monitoring (RPM), Care Chronic
Care Management (CCM), Behavioral Health Integration (BHI) and
Psychiatric Collaborative Care Services (CoCM) to these patients to
help improve health outcomes and enhance access to care. The
iUGO Care platform allows patients to receive high quality
healthcare from the comfort of their own homes, reducing the risk
of exposure to the novel coronavirus for these particularly
vulnerable populations.”
Reliq will be providing its iUGO Care platform
and associated support services to MedTech Evolutions’
clients. Onboarding is expected to begin in April. Each
patient on the platform will generate approximately $65 USD per
month in SaaS and support services revenue.
“We chose to partner with Reliq Health to
provide their iUGO Care platform to our clients because their
solution is comprehensive, flexible and powerful,” said Brien
Shea of MedTech Evolutions. “With the support services Reliq
can offer to our clients through their Call Center and their
cutting edge technology, they offer a solution that is secure,
robust and fits the needs of our clients and strategic
relationships for improved patient outcomes and experience.”
About MedTech Evolutions,
LLCMedTech Evolutions, LLC is a comprehensive healthcare
solutions provider focused predominantly on telemedicine products
and digital services for the chronic care market, both urban and
rural. MedTech Evolutions also serves the broader healthcare sector
and its individual segments from hospital to home care, with a
focus on improving patient outcomes, achieving healthcare delivery
congruities and lowering the costs associated with healthcare
delivery. Learn more at https://medtechevolutions.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.
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.
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