August 1, 2017
Reliq Health Technologies Announces Go-Live with Paz Home Health, USA - >$6MMUSD in Annual Recurring Revenue at Full Deployment
VANCOUVER, British Columbia, Aug. 01, 2017 (GLOBE NEWSWIRE) — Reliq Health Technologies Inc. (TSXV:RHT) (OTCQB:RQHTF) (“Reliq” or the “Company”), a technology company that develops innovative mobile health (mHealth) and telemedicine solutions for the Community-Based Healthcare market, is pleased to announce the go-live of its remote patient monitoring and telemedicine solution with Paz Home Health LLC in Texas. The Company has begun enrolling the first of Paz’s >10,000 patients. The Company expects to add >500 Paz Home Health patients to the platform each month going forward, generating over $6 Million in recurring annual revenue at full deployment.
“We are excited to be implementing our virtual care platform in Texas with Paz Home Health,” said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. “Reliq’s remote patient monitoring system quickly and easily collects sophisticated health data from patients in their own homes. Our virtual care platform was designed to reduce readmissions and improve health outcomes. Reliq’s technology allows Paz Home Health’s patients to receive high quality care from the comfort of their own homes, reducing the cost of care delivery and increasing patient and family satisfaction.”
“Our mission at Paz Home Health is to provide peace of mind for patients and their loved ones,” said Dayana Bermea, CEO. “We are excited to be working with Reliq Health to support our care providers in their day-to-day workflow, freeing up more time for patient care. Reliq Health’s cloud-based portal will allow our clients’ family members to access real-time information about their loved one’s health status, care team and home visit schedule. Patients and their families can feel secure knowing that the Reliq Health system will continuously monitor the patient at home and summon emergency services if needed. At Paz Home Health we are always striving to provide our clients with best in class home healthcare.”
Paz Home Health LLC is a home care agency headquartered in Pharr, Texas that provides care to over 10,000 patients across 16 counties in southern Texas. Paz Home Health delivers in-home care from Registered and Licensed Vocational Nurses, Physical and Occupational Therapists, Medical Social Workers and Dieticians. The company also offers telemonitoring services to connect patients with their care team from the comfort of their own homes. Paz Home Health’s caring and qualified healthcare providers are committed to supporting patients and families who are coping with chronic conditions like Congestive Heart Failure (CHF), Chronic Obstructive Pulmonary Disease (COPD) and Diabetes, recovering at home from surgery or injuries, and seniors who are aging in place.
ON BEHALF OF THE BOARD
“Dr. Lisa Crossley”
CEO and Director
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