08:54 AM EDT, 05/17/2024 (MT Newswires) -- Reliq Health Technologies ( RQHTF ) has expanded a contract with a large US health group.
Reliq, which provides virtual care solutions for the healthcare market, said the original contract involved Skilled Nursing Facilities (SNFs) in Florida, and the client has now expanded its use of Reliq's software and services into their facilities in Pennsylvania. The client operates a network of SNFs in four states and has over 80,000 patients under contract.
The expansion is expected to potentially add over 30,000 new patients to Reliq's iUGO Care platform by the end of 2025 at an average revenue of US$65 per patient per month.
"Our client is a large US health group that takes a proactive approach to patient care in order to improve health outcomes and reduce costs," said Chris Shields, chief executive officer. "The iUGO Care Remote Patient Monitoring, Chronic Care Management and Behavioral Health Integration solutions Reliq will be providing will enable effective preventative care, allowing our client to achieve their cost and quality of care objectives."