Innovation Factory client and Forge company, iUGO Health, was created during the 2015 eHealth conference for the Hacking Health Design Challenge. This comprehensive software and hardware solution enables monitoring and management in real time of at-home patients with the use of wearables and sensors. Eight months later, Reliq Health Technologies Inc. acquired iUGO for $2 million in shares and performance warrants.
Reliq Health Technologies Inc. has signed an agreement with Paz Home Health LLC in Texas to provide Reliq’s hardware and software solutions to their home care clients. Patient enrollment will begin in June 2017 with 500 Paz Home Health patients, building to >10,000 patients and >$6 Million/year in recurring annual revenue in 2018.
“We are very pleased to be working with Paz Home Health to deliver high quality care to patients in the home,” said Dr. Lisa Crossley, CEO of Reliq Health Technologies, Inc. “Our secure, cloud-based care collaboration platform provides the clinical care team, patient and family members with real-time access to patient health information including trends over time. This helps the care team identify patients whose condition is becoming unstable and intervene early, before a serious complication develops.”
“Our mission at Paz Home Health is to provide peace of mind for patients and their loved ones,” said Dayana Bermea, CEO of Paz Home Health. “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.”
About Reliq Health Technologies
Reliq Health Technologies is a Vancouver, BC based healthcare technology company that specializes in developing innovative, secure mobile software solutions for the $20 Billion Community Care market. Reliq’s iUGO Health technology platform is a comprehensive hardware and software solution that allows complex patients to receive high quality care in the home, improving health outcomes, enhancing quality of life for patients & families and reducing the cost of care delivery.
About Paz Home Health LLC
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. They deliver 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.