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Reliq Health Technologies (RHT) investor relations material
Reliq Health Technologies Investor Update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Investor Update summary29 Aug, 2024
Corporate status and trading update
Currently under a cease trade order; trading suspended until financial statements are filed and company regains good standing.
Moved from TSX Venture Exchange to NEX on August 20, 2024; trading symbol changed to RHT.H.
No change to company name, CUSIP, or ISIN numbers.
Plans to reapply for TSX Venture listing once financials are up to date.
Financial and operational highlights
Achieved strong long-term margins: 70% gross margin and 40% EBITDA expected in 2025.
Added about one physician practice per week and expanded into respiratory therapy and pediatric monitoring.
Signed contracts with major US healthcare companies, including a client with 75 locations in 8 states and another with over 1 million patients.
Expanded mental health services and contract reach into new states.
Market trends and regulatory environment
CMS increased virtual care reimbursement by over 600% since 2018 and added 22 new billing codes.
Virtual care for chronic disease projected to save CMS billions annually.
New alignment of RPM codes for rural health clinics expected to drive significant new revenue in 2025.
Timeline for resuming TSX trading
2025 patient growth strategy
New iUGO Care version benefits
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Eferix Drawings Google Play
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Frequently asked questions
Reliq Health Technologies Inc. is a healthcare technology company specializing in digital health solutions for the remote management of patients. The company provides a software platform that enables healthcare providers to track and manage patients with chronic conditions outside of clinical settings. Its platform offers features such as remote patient monitoring, care coordination, and telemedicine services, helping to improve patient outcomes and reduce hospital readmissions. Reliq Health primarily serves healthcare organizations, clinics, and home care providers, facilitating better care management for chronic disease patients. The company is headquartered in Hamilton, Ontario, and its shares are listed on the TSX.
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