Reliq Health Technologies, Inc. Announces Contracts with Three New Clients in California


HAMILTON, Ontario, Nov. 16, 2021 (GLOBE NEWSWIRE) — Reliq Well being Applied sciences Inc. (TSXV:RHT or OTC:RQHTF or WKN:A2AJTB) (“Reliq” or the “Firm”), a quickly rising world medtech firm that develops progressive Digital Care options for the multi-billion greenback Healthcare market, at this time introduced that it has signed contracts with three new shoppers in California together with a hospice care group, a house well being company community and a care administration community.

“We’re very excited to be increasing our enterprise in California,” stated Dr. Lisa Crossley, CEO of Reliq Well being Applied sciences, Inc. “These three healthcare organizations collectively have over 200 doctor practices and over 50,000 eligible Medicare sufferers all through the state. California has the biggest variety of Medicare beneficiaries of any state, with over 4.5 Million Medicare-enrolled residents. Because the inhabitants ages, the share of Californians lined by Medicare will proceed to rise quicker than the nationwide common. Over 79% of Medicare sufferers in California or over 3.5 Million people have two or extra persistent circumstances. Medicare reimbursement in California is among the many highest within the US, and doctor practices in California can obtain greater than $400 per affected person per 30 days from the Facilities for Medicare & Medicaid Providers (CMS) for companies supplied utilizing Reliq’s iUGO Care platform. The Firm expects to generate over $65 per affected person per 30 days via these contracts. Onboarding with the primary two doctor practices is predicted to start subsequent month.”

Reliq Well being
Reliq Well being Applied sciences is a quickly rising world medtech firm that focuses on growing progressive Digital Care options for the multi-billion greenback Healthcare market. Reliq’s highly effective iUGO Care platform helps care coordination and community-based digital healthcare. iUGO Care permits complicated sufferers to obtain prime quality care at residence, bettering well being outcomes, enhancing high quality of life for sufferers and households and lowering the price of care supply. iUGO Care supplies real-time entry to distant affected person monitoring information, permitting for well timed interventions by the care crew to stop expensive hospital readmissions and ER visits. Reliq Well being Applied sciences trades on the TSX Enterprise underneath the image RHT, on the OTC as RQHTF and on the WKN as A2AJTB.

ON BEHALF OF THE BOARD

“Dr. Lisa Crossley”

CEO and Director

For additional info please contact:

Firm Contact
Investor Relations at ir@reliqhealth.com

US Investor Relations Contact
Investor Relations
Lytham Companions, LLC
Ben Shamsian
New York | Phoenix
646-829-9701
shamsian@lythampartners.com

Neither the TSX Enterprise Trade nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Trade) accepts duty for the adequacy or accuracy of this launch.

Cautionary Statements Relating to Ahead Wanting Data

Sure statements on this press launch represent forward-looking statements, inside the which means of relevant securities legal guidelines. All statements that aren’t historic details, together with with out limitation, statements relating to future estimates, plans, applications, forecasts, projections, aims, assumptions, expectations or beliefs of future efficiency, are “forward-looking statements”.

We warning you that such “forward-looking statements” contain recognized and unknown dangers and uncertainties that might trigger precise and future occasions to vary materially from these anticipated in such statements.

Ahead-looking statements embody, however usually are not restricted to, statements with respect to industrial operations, together with know-how improvement, anticipated revenues, projected measurement of market, and different info that’s based mostly on forecasts of future outcomes, estimates of quantities not but determinable and assumptions of administration.

Reliq Well being Applied sciences Inc. (the “Firm“) doesn’t intend and doesn’t assume any obligation, to replace these forward-looking statements besides as required by legislation. These forward-looking statements contain dangers and uncertainties referring to, amongst different issues, know-how improvement and advertising and marketing actions, the Firm’s historic expertise with know-how improvement, uninsured dangers. Precise outcomes might differ materially from these expressed or implied by such forward-looking statements.

SOURCE: Reliq Well being Applied sciences Inc.



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