Reliq Health Technologies, Inc. Announces 8 New Contracts in Texas, New iUGO Care Module
HAMILTON, Ontario, April 30, 2020 (GLOBE NEWSWIRE) -- Reliq Health Technologies Inc. (TSXV:RHT or OTCQB:RQHTF) (“Reliq” or the “Company”), a technology company focused on developing innovative mobile health (mHealth) and telemedicine solutions for Community-Based Healthcare, is pleased to announce that it has signed contracts with 8 new clients in Texas to use its proprietary iUGO Care Remote Patient Monitoring (RPM), Chronic Care Management (CCM), Principal Care Management (PCM) and Telemedicine platform.
“We are very pleased to have added eight new clients to our customer base in Texas,” said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. “We will begin onboarding patients for these clients in May. The new clients include physician practices, home health agencies and an oncology specialist practice. The oncology practice will be using Reliq’s new iUGO Care PCM (Principle Care Management) module. New billing codes for PCM were introduced by the Centers for Medicare and Medicaid Services (CMS) in 2020. These codes allow specialists to provide care management services to patients with one high risk disease or complex chronic condition, unlike Chronic Care Management (CCM) codes which are designed for primary care physicians to provide care management services for patients with at least two chronic conditions. The new PCM billing codes can be billed concurrently with Remote Patient Monitoring (RPM), providing substantial new virtual care-based revenue streams to specialists. We are excited to be able to expand our patient base to include this newly covered patient population.”
Reliq 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
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.
