RQHTF - Reliq Health Technologies Inc. Announces Expansion of Contract with Large US Health Plan Expects to Add 50000 New Patients to iUGO Care | Benzinga
HAMILTON, Ontario, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Reliq Health Technologies Inc. (TSXV:RHT, OTC:RQHTF) ("Reliq" or the "Company"), a rapidly growing global healthcare technology company that develops innovative Virtual Care solutions for the multi-billion dollar Healthcare market, is pleased to announce that it has expanded the contract previously signed in May 2023 with a large US health plan. The health plan operates Accountable Care Organizations (ACOs) and Health Maintenance Organizations (HMOs) in five States with over 3,000 doctors and more than 1,000,000 patients. The expansion is expected to add over 50,000 new patients to Reliq's iUGO Care platform by the end of 2025 at an average revenue of $65 per patient per month.
"We are very pleased that our client has asked to expand their deployments to include multiple locations across Texas, the second-largest State in the US by both population and size," said Chris Shields, CEO at Reliq Health Technologies, Inc. "This client is a large US health plan that takes a proactive approach to patient care in order to improve health outcomes and reduce costs. The iUGO Care Remote Patient Monitoring, Chronic Care Management and Behavioral Health Integration solutions Reliq will be providing will enable effective preventative care that ...