Reliq inks pact with healthcare system operating in 7 US states
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- Reliq Health Technologies (OTCPK:RQHTF) said it signed a contract with a large healthcare system having over 1,200 care centers across New York, Ohio, Maryland, Virginia, Florida, Kentucky and South Carolina.
- The onboarding with the client will begin next month at 20 of its skilled nursing facilities. These are expected to add over 2K new patients per month to Reliq's iUGO Care platform by the end of the year, at an average revenue of $65 per patient per month, according to the company
- "The healthcare system has more than 10 million patient encounters a year across their network, said Reliq CEO Lisa Crossley. "With these first 20 facilities alone we expect to add over 2,000 patients per month to the iUGO Care platform at an average revenue of $60 per patient for the first 30 days post-discharge and $65 per patient per month for every subsequent month, at an expected 75% gross margin."