HAMILTON, Ontario, April 28, 2021 (GLOBE NEWSWIRE) — Reliq Well being Applied sciences Inc. (TSXV:RHT or OTC:RQHTF or WKN:A2AJTB) (“Reliq” or the “Firm”), a quickly rising world telemedicine firm that develops progressive Digital Care options for the multi-billion greenback Healthcare market, in the present day introduced that it has adopted the FHIR (Quick Healthcare Interoperability Sources) normal for its iUGO Care platform to fulfill the wants of large-scale enterprise shoppers corresponding to managed care plans and different payers, who should adjust to new CMS laws for interoperability.
“Incorporating the FHIR normal into our platform permits Reliq to supply present and potential shoppers innovative interoperability capabilities,” mentioned Dr. Lisa Crossley, CEO of Reliq Well being Applied sciences, Inc. “In December 2020 the US Facilities for Medicare and Medicaid Companies (CMS) launched the CMS Interoperability and Prior Authorization Proposed Rule, which might require CMS-regulated payers to undertake the FHIR normal. FHIR is actually a standardized framework for healthcare information alternate which CMS has adopted with the intention to enhance communication between numerous healthcare data techniques, and to streamline Prior Authorization processes to make sure prematurely that sufferers are eligible (and suppliers will subsequently be reimbursed) for any providers to be offered. This proposed rule builds on the present CMS Interoperability and Affected person Entry Last Rule, which will probably be enforced by CMS as of July 1, 2021. Below these new interoperability requirements, Medicare Benefit (MA) plans, Medicaid and Kids’s Well being Insurance coverage Program (CHIP) managed plans, State Medicaid and Certified Well being Plans (QHP) are required to make use of the FHIR normal to allow seamless information alternate between suppliers, payers and sufferers. Our new affected person portal leverages the FHIR normal to offer sufferers on the iUGO Care platform with safe, seamless entry to their healthcare information in accordance with the brand new laws. Implementing FHIR considerably expands the Firm’s complete addressable market, permitting Reliq to work immediately with large-scale enterprise shoppers corresponding to managed care plans, personal insurers and different payers in addition to healthcare suppliers.”
The Firm additionally introduced that it has employed Dave McKay within the newly created place of Chief Know-how & Innovation Officer. Mr. McKay has over 30 years of expertise in Software program Improvement and brings important experience in healthcare know-how, cybersecurity, privateness and product innovation to Reliq. His expertise in growing enterprise-level options for the healthcare market will probably be invaluable to the Firm because it executes on its technique to quickly scale its enterprise over the rest of 2021 and past. The Firm would additionally prefer to announce that it has eradicated the positions of Chief Know-how Officer and Chief Innovation Officer, beforehand held by Rob Prouse and Bassma Ghali, respectively, and needs to thank each Mr. Prouse and Dr. Ghali for his or her contributions to this point. Mr. McKay will assume the obligations beforehand related to these two roles.
Reliq Well being
Reliq Well being Applied sciences is a quickly rising world telemedicine firm that makes a speciality of growing progressive Digital Care options for the multi-billion greenback Healthcare market. Reliq’s highly effective iUGO Care platform helps care coordination and community-based digital healthcare. iUGO Care permits complicated sufferers to obtain prime quality care at house, bettering well being outcomes, enhancing high quality of life for sufferers and households and decreasing the price of care supply. iUGO Care supplies real-time entry to distant affected person monitoring information, permitting for well timed interventions by the care group to forestall pricey hospital readmissions and ER visits. Reliq Well being Applied sciences trades on the TSX Enterprise below the image RHT, on the OTC as RQHTF and on the WKN as A2AJTB.
ON BEHALF OF THE BOARD
“Dr. Lisa Crossley”
CEO and Director
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SOURCE: Reliq Well being Applied sciences Inc.