- Reliq Health Technologies ( OTCPK:RQHTF ) said it signed a contract with a network of 15 Skilled Nursing Facilities (SNFs) in California.
- The contract is expected to add 1,000 new patients per month to Reliq's iUGO Care platform beginning in 2023, the company said in a press release on Thursday.
- "Reliq will be providing our iUGO Care Transitional Care Management (TCM), Remote Patient Monitoring (RPM), Chronic Care Management (CCM) and Behavioural Health Integration (BHI) solutions to help improve post-discharge health outcomes and reduce readmissions, while also generating new revenue streams for the facilities," said Reliq CEO Lisa Crossley.
- Crossley added that the Company will provide TCM to newly discharged patients at $60 per patient, with recurring revenue from RPM, CCM and BHI of $65/patient per month, at 75% gross margin.
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Reliq inks contract with 15 skilled nursing facilities in California