Under the deal, Reliq's hardware and software solutions will be provided to Paz Home Health's home care clients. Patient enrollment will begin in June 2017 with 500 patients, building to more than 10,000 patients and over $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. Reliq's remote patient monitoring system quickly and easily collects sophisticated health data from patients in their own homes. 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. Patients and their loved ones are able to clearly see how compliance with prescribed medication and lifestyle changes affect the patient's health measures, improving patient engagement and patient- and family-reported satisfaction. Reliq's virtual care platform was designed to reduce readmissions and improve health outcomes. Our technology allows 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."
— Dr. Lisa Crossley, CEO of Reliq Health Technologies
"Our mission at Paz Home Health is to provide peace of mind for patients and their loved ones. 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."
— Dayana Bermea, CEO of Paz Home Health