The NHS England is the largest single-payer healthcare system in the world, with an annual budget of over £100 Billion. There are over 15 million patients in England who are coping with at least one long-term health condition. These chronic conditions not only negatively impact patients’ quality of life, but also account for over half of all General Practitioner (GP) appointments and 70% of hospital bed days. NHS England has estimated that improvements in self-care in this population could result in £584m in savings by 2021. Reliq’s digital health solution creates a fully automated “virtual hospital ward” in the patient’s home, providing real-time tracking of patients’ vital signs, medication adherence, and movements within the home. The Reliq Health platform provides patients with audible alerts and reminders to collect their vitals, take their medications and perform prescribed rehab or fitness activities to support proactive self-care. Patient education materials are also provided through the Reliq Health platform to help patients and their families better understand and manage their chronic conditions.
ON BEHALF OF THE BOARD
“Dr. Lisa Crossley”
CEO and Director
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Certain statements in this press release constitute forward-looking statements, within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are “forward-looking statements”.
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Forward-looking statements include, but are not limited to, statements with respect to commercial operations, including technology development, anticipated revenues, projected size of market, and other information that is based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management.
Reliq Health Technologies Inc. (the “Company“) does not intend, and does not assume any obligation, to update these forward-looking statements except as required by law. These forward-looking statements involve risks and uncertainties relating to, among other things, technology development and marketing activities, the Company’s historical experience with technology development, uninsured risks. Actual results may differ materially from those expressed or implied by such forward-looking statements.
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SOURCE Reliq Health Technologies Inc.