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Developing Telemedicine Market Forecasted to Top $1.2 Billion by 2020 as Innovative Mobile Health Applications Drive Healthcare Sector Forward


News provided by

FN Media Group LLC

Aug 02, 2016, 09:15 ET

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CORAL SPRINGS, Florida, August 2, 2016 /PRNewswire/ --

Experts forecast mobile applications and telemedicine to become one of the paramount factions of the healthcare industry as convenience and efficiency improve with enhanced technologies.  The Telemedicine market alone is forecasted to double in size within next five years as mobile health applications & technologies become more user friend in the Community-Based Healthcare Sector.  HealthCare companies in the sector today to watch are Reliq Health Technologies Inc.  (OTC: RQHTF) (TSXV: RHT), Cigna Corp. (NYSE: CI), Humana Inc. (NYSE: HUM), Aetna Inc. (NYSE: AET) & UnitedHealth Group Incorporated (NYSE: UNH).

Reliq Health Technologies Inc.  (OTCQB:RQHTF) (RHT.V), a technology company focused on developing innovative mobile health (mHealth) and telemedicine solutions for Community-Based Healthcare, is pleased to announce that it has been accepted into the National Health Service (NHS) United Kingdom's (UK's) Test Beds program and will begin piloting its virtual care technology with a London-area hospital in Q4 2016.  "We are very excited to be piloting Reliq's community care platform in the UK. Our technology is strongly aligned with the NHS England's ongoing initiative to improve the management of long term conditions in the community." said Dr. Lisa Crossley, CEO of Reliq Health. "Our platform uses a high tech, low touch approach to provide high quality healthcare in the home, reducing exacerbations and disease-related complications, decreasing healthcare costs and enhancing patient and family satisfaction.  We look forward to participating in the NHS Test Beds program to demonstrate the value of Reliq Health's technology to patients, caregivers and the health system in the UK".

Read the full Reliq Health (RQHTF) (RHT.V) Press Release at:  http://financialnewsmedia.com/profiles/rqhtf.html

The pilot will focus on two of the most common chronic conditions in the UK, congestive heart failure (CHF) and diabetes.  Currently there are over 15 million people in England living with at least one long-term health condition. In addition to the impact on people's lives, long-term condition management accounts for half of all General Practitioner appointments and 70% of hospital bed days in the UK.  Reliq Health's proprietary hardware and software supports patients and their caregivers in the home, providing remote vitals monitoring with alerts to clinicians as needed, audible reminders to improve patient compliance with prescribed medication regimens and lifestyle changes, tailored patient education and secure communication with the entire care team.

In other HealthCare News and developments of importance in the markets:  Cigna Corp. (NYSE: CI) unveiled its first ever regional brand campaign for key international markets, designed to showcase the company's capabilities and the solutions it delivers for customers. The campaign, themed "All The Way, Means All The Way," builds on Cigna's global wellness mission to improve customers' health, well-being and sense of security and is being rolled out in an integrated digital marketing format across multiple markets internationally.

Humana Inc. (NYSE: HUM) was informed last month by the U.S. Department of Defense (DoD) that it has been awarded the contract for the TRICARE East Region. TRICARE is the military health care program that provides benefits to military service members, retirees and their families. Under the terms of the award, Humana's service area would cover approximately 6 million beneficiaries in a 30-state region.  In further developments:  Aetna Inc. (NYSE: AET) and Humana Inc. recently announced plans to vigorously defend the companies' pending merger in response to a U.S. Department of Justice (DOJ) lawsuit seeking to block the transaction. A combined company is in the best interest of consumers, particularly seniors seeking affordable, high-quality Medicare Advantage (MA) plans.

UnitedHealth Group Incorporated (NYSE: UNH) News:  The University of Texas Rio Grande Valley (UTRGV) School of Medicine and United Health Foundation introduced "Unimóvil" recently at a dedication ceremony. UTRGV Provost and Executive Vice President Dr. Havidán Rodriguez; UnitedHealthcare Community Plan of Texas CEO Don Langer; and other UTRGV, United Health Foundation and community leaders unveiled the new mobile health clinic, which medical professionals will use to serve community residents.

FinancialNewsMedia.com is leading provider of third party publishing & news dissemination services.  If you would like more information regarding our news coverage solutions, please visit financialnewsmedia.com for more details.  Get an edge on the market with our Premium News Alerts that are FREE for a limited time at financialnewsmedia.com.  Follow us on Facebook: facebook.com/financialnewsmedia and Twitter:  twitter.com/FNMgroup. 

DISCLAIMER:  FN Media Group LLC (FNMG) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  FNMG is NOT affiliated in any manner with any company mentioned herein.  FNMG and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  FNMG's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  FNMG is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed FNMG has been compensated three thousand nine hundred dollars for news coverage of the current press release issued by Reliq Health Technologies Inc. by a non-affiliated third party.  FNMG HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNMG undertakes no obligation to update such statements.

Contact Information:

Company: FN Media Group, LLC
Contact email: [email protected]
U.S. Phone: +1-(954)345-0611
URL: http://www.financialnewsmedia.com

SOURCE FN Media Group LLC

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