Reliq Health is a digital health company that provides innovative SaaS solutions to the $100 Billion Virtual Care market. Reliq’s proprietary iUGO Care platform supports remote patient monitoring, telemedicine, chronic care management and transitional care management
Market Need
Chronic diseases like diabetes, hypertension and congestive heart failure account for over 75% of healthcare spending, as these patients frequently develop complications that lead to costly hospitalizations.
Revenue Model
Reliq’s target users are the more than 37 Million Medicare/Medicaid patients and 44 Million privately insured patients who have two or more chronic diseases – a $40 Billion USD addressable market.
Growth Forecast
Reliq has over 50 US clients and a pipeline of more than 500,000 chronic disease patients. By the end of 2021, the company expects gross margins to exceed 75% and EBITDA margins will be over 45%.
Reliq’s iUGO Care software platform provides clinicians with real-time access to remote patient monitoring data, allowing for timely interventions to prevent costly hospital admissions and ER visits. Hospital admissions are reduced by over 90% in chronic disease patients using iUGO Care, and the average cost to the healthcare system is reduced to $4,000 USD per patient, every year from over $20,000 USD per patient per year.
Reliq’s iUGO Care software platform provides clinicians with real-time access to remote patient monitoring data, allowing for timely interventions to prevent costly hospital admissions and ER visits. Hospital admissions are reduced by over 90% in chronic disease patients using iUGO Care, and the average cost to the healthcare system is reduced to $4,000 USD per patient, every year from over $20,000 USD per patient per year.
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