Reliq Health Technologies, Inc. Announces 50 New Skilled Nursing Facility Clients in Florida, The Canadian Business Journal

HAMILTON, ON, November 4, 2022 (GLOBE NEWSWIRE) — Reliq Health Technologies Inc. (TSXV:RHT or OTC:RQHTF or WKN:A2AJTB) (“relic” or “Company), a rapidly growing global healthcare technology company developing innovative virtual care solutions for the multi-billion dollar healthcare market, today announced the opening of a Skilled Nursing Facility (SNF) in Florida. A previously disclosed client with a network announced the addition of another 50 facilities. contract with us. This addition to existing contracts is expected to add 5,000 new patients monthly or 60,000 new patients annually to Reliq’s iUGO Care platform from 2023.

Lisa Crossley, Ph.D., CEO of Reliq Health Technologies, Inc. “Like the 40 previously announced facilities, we offer iUGO Care Transitional Care Management (TCM), Remote Patient Monitoring (RPM), Chronic Care Management (CCM), and Behavioral Health Integrated (BHI) solutions. to help improve postoperative outcomes, improving health outcomes and reducing readmissions while generating new revenue streams for the facility Reliq offers a rate of $60 per newly discharged patient The recurring revenue from RPM, CCM, and BHI is $65/patient per month, a gross margin of 75%. Start boarding: once all 50 facilities are up and running, we plan to onboard over 5,000 newly discharged patients each month.Skilled Nursing Facilities will be a previously untapped large scale for Reliq’s products. There are over 15,000 SNFs in the United States, and over 1.5 million Medicare patients will receive care in an SNF setting in 2021 (www.cms.gov). I am very happy to be here.”

Relic Health
Reliq Health Technologies is a rapidly growing global healthcare technology company dedicated to developing innovative virtual care solutions for the multi-billion dollar healthcare market. Reliq’s powerful iUGO Care platform supports care coordination and community-based virtual healthcare. iUGO Care enables 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, enabling timely intervention by the medical team to prevent costly readmissions and her ER visits. Reliq Health Technologies is traded on TSX Venture under symbol RHT, OTC under RQHTF and on the Frankfurt Stock Exchange under WKN: A2AJTB.

On behalf of the Board of Directors
“Dr. Lisa Crossley.”
Representative Director and President

For more information, please contact:

company contact
investor relations [email protected]

US investor contact
PR for investors
Lytham Partners LLC
Ben Shamshian
New York | New York | Phoenix
646-829-9701
[email protected]

Neither TSX Venture Exchange nor its regulated service providers (as those terms are defined in the TSX Venture Exchange Policy) are responsible for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements
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, but not limited to, statements regarding future estimates, plans, programs, projections, forecasts, objectives, assumptions, expectations or beliefs regarding future performance are “forward-looking statements.” “is.

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. Please note in particular.

Forward-looking statements include statements regarding commercial activities, including technological developments, projected revenues, projected market size, and projections of future results, and other information based on estimates of amounts that cannot yet be determined. but not limited to: management premise.

Reliq Health Technologies Inc. (“Company“) disclaims any intention or obligation to update these forward-looking statements, except as required by law. These forward-looking statements may include, among other things, technological developments. and our past experience with marketing activities, technology development, and uninsured risks.Actual results may not be expressed or implied by such forward-looking statements. It may be very different from the actual product.

Source: Reliq Health Technologies Inc.

CBJ Newsmaker