If you’re familiar with what Reliq Technologies has accomplished over the last year, you’re well aware that telemedicine and mHealth services, apps and platforms are increasingly gaining a foothold over traditional healthcare right now.
The rising use of mobile access points like smartphones and tablets to deliver innovative healthcare solutions to patients has helped push this growth. Some of the major factors driving the telemedicine market include increasing healthcare costs, growing aging population and the rising incidence rate of chronic diseases.
What Reliq has been able to do in such a short time with community-based healthcare and its iUGO Care platform emphasizes its dedication to offering high-quality care for patients. There’s a big “BUT” here…Reliq has done a great job at advancing healthcare technology, BUT their latest deal could be a real game changer; not only for Reliq but also for a newly trading public company on the cutting edge of telehealthcare.
Healthcare Technology Evolution Presenting New Potential For Investors
This quarter Reliq Health was selected by a company called Premier Health Group (PHGI.CN) (PHGRF) as the EXCLUSIVE technology partner for Premier’s HealthVue clinics and 100,000 active patients. What does this mean for Premier Health Group?
For starters, Reliq will be providing HelathVue with branded telemedicine, remote monitoring & artificial intelligence solutions for both the clinical staff and patients. This move essentially supercharges Premier Health Group to rapidly scale its platform, increase patient numbers and in turn, boost practice revenue.
By using Reliq’s technology-back-end, Premier Health Group will be positioned to give patients the ability to do a TON of different things. Here’s just a small taste of what Premier Health Group will allow patients to do with its HealVue patient platform:
- Book appointments
- See their general practitioners or specialists
- Review patient info
- Talk in real time with clinicians or pharmacists
- Refill prescriptions
- Share health data collected within a patient’s own home with HealthVue’s care team
Think about the potential with a company like Premier Health Group right now; especially for countries like Canada where approximately 15% of Canadians aged 12 and older don’t have a primary care physician. Also keep in mind that nearly two-thirds (59%) of seniors are unable to get a same-or next-day appointment and almost 7 in 10 Canadians avoid seeing a doctor when they are sick.
Now, take into account that there is a shortage of primary care doctors and nurses, especially in remote and rural communities, leads to clinician burn out and patients frustrated by long wait times.
This type of solution could be an absolute game-changer within the healthcare space.
Industry Facts Show Strong Growth Ahead On Multiple Fronts
The healthcare sector is seeing a dynamic shift in what leads growth for this market. The “usual suspects” that include traditional drug therapies and FDA submissions are still very evident, but a newcomer has been added to the mix.
Healthcare technology has been boosting attention to healthcare stocks recently. The MarketsAndMarkets report “Healthcare ITMarket by Product (EHR, RIS, PACS, VNA, CPOE, HIE, Telehealth, Healthcare Analytics, Population Health Management, Supply Chain Management, CRM, Fraud Management, Claims Management) End User (Provider, Payer) – Global Forecast to 2021″, shows that the healthcare IT market is projected to reach $280.25 Billion by 2021 from $134.25 Billion in 2016, at a CAGR of 15.9% during the forecast period.
Specific to the mobile market, according to research from Kalorama Information, the mobile health market could reach an impressive $86.6 billion by 2020, a yearly increase of 20.8% over a five-year period (1).
In the race to rethink patient care, many innovative companies are creating breakthrough solutions that give patients to the ability to receive medical care from the comfort of their homes. However, while technology is rapidly evolving, the stock market hasn’t caught up yet. Investors have limited access to stocks specifically involved with this industry.
Furthermore, Research And Markets reports (2) that the market for telemedicine was valued at $ 29.6 Billion in 2017 and is anticipated to grow at a compounded annual rate of approximately 19% during 2017-2022. The reported growth of the market is likely to be driven by increasing adoption of telemedicine, rising incidences of chronic diseases, growing geriatric population, government initiatives, and a shortage of physicians amongst others.
A New Opportunity For Healthcare & A New Opportunity For Investors
By utilizing the powerful technology offered by Reliq, Premier Health Group (PHGI.CN) (PHGRF) and its HealthVue platform appear positioned to provide a unique opportunity for capitalizing on the Canadian market. The lack of primary care physicians, the growing number of seniors unable to visit a physical location, and the inability to get a same or next day appointment are all factors that contribute to a perfect environment for telehealth technology to thrive.
Additionally, since it is government funded in BC, there’s no additional cost to the patient. This also extends to prescriptions, which can be electronically submitted to a pharmacy of choice or delivered free by a preferred pharmacy partner. Essentially, it allows users the ability to access their healthcare professionals, engage with doctors and even send monitoring data to doctors right from the palm of a patient’s hand, 24/7.
With countries like Canada presenting a more near-term opportunity to fill a deep void, telemedicine has the sound footing to take advantage of future trends. Premier Health Group (PHGI.CN) (PHGRF)‘s HealthVue could offer substantial value for both its patients and investors alike.
DISCLAIMER: Pursuant to an agreement between MIDAM VENTURES, LLC and Premier Health Group Inc. we were hired for a period from 10/1/2018 – 4/1/2019 to publicly disseminate information about Premier Health Group Inc. including on the Website and other media including Facebook and Twitter. We were paid $300,000 ( CASH) for & were paid “500,000” shares of restricted common shares (as of 1/2/2019). We own zero shares of Premier Health Group Inc., which we purchased in the open market. Once the (6) Six-month restriction is complete on 4/1/2019 we plan to sell the “500,000” shares of Premier Health Group Inc. that we hold currently in restricted form during the time the Website and/or Facebook and Twitter Information recommends that investors or visitors to the website purchase without further notice to you. We may buy or sell additional shares of Premier Health Group Inc. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. Click here for full disclaimer.
1.) Kalorama Information: https://www.kaloramainformation.com/mhealth-Worldwide-9138421/?progid=88153&__hstc=183052025.7c5c237ee824c116b58ae8424b2ad343.1540402411968.1540402411968.1540402411968.1&__hssc=183052025.1.1540402411969&__hsfp=3707452877
2.) Research and Markets:https://www.researchandmarkets.com/reports/4536701/global-telemedicine-market-outlook-2018-2022
Biotechnology Could Cure It All
Nearly two-thousand years ago, give or take several minutes, Hippocrates taught that human existence was centered around the four elements — earth, water, fire, and air — which in the human body was represented by the four basic humors: blood, phlegm, black bile, yellow bile. Hippocrates explained that each humor was located in a specific organ of the human body and each related to its own personality type — sanguine, phlegmatic, melancholic, and choleric.
‘Therefore, if someone was sick, Hippocrates taught that this indicated an imbalance in one of the four
Suffice to say that the medical field has moved forward since 460 BC, and recently, these advancements have occurred in the biotechnology industry. Though biotech is a relatively new field, it possesses great potential for the future of medicine. One of the more recent breakthroughs in biotech stems from something called pharmacogenomics, or the study of how genetics affect a person’s response to drugs. This new field combines the science of developing drug treatments and research conducted on human genetics and their functions.
According to the U.S. National Library of Medicine, most drugs currently available on the market are branded as “one size fits all,”meaning that this specific treatment was created to cure a certain ailment for anyone who takes it. However, as scientists in the pharmacogenomics field are discovering, not everyone reacts the same to certain drugs.
For example, if two individuals are having an allergic reaction and both ingest an anti-histamine, it’s possible that it will help one person feel better, while causing adverse side-effects to the other person. By studying a person’s genetic coding, medical experts are better able to predict how a medication will effect a particular person.
Ironically enough, as new technologies and inventive approaches to curing diseases come to light, medical researchers are discovering new diseases that seek to test all the progress we’ve made thus far. The practices of medicine have taken massive strides over the past few generations through the pioneering of biotechnology research and other incredible advancements, but regardless of these steps forward, it is up to companies in the healthcare industry to responsibly tend to the needs of their patients.
Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) / (6PH.F) is a Canadian publicly traded company strategically poised to take advantage of lucrative business opportunities in the global healthcare industry. The Company is working to develop innovative healthcare approaches that combine human skill-based expertise with emerging technologies. What sets the Company apart from others in the field is that Premier is focused on developing their healthcare platform with a patient centric focus, looking to restore power back to the patients. For far too long, patients have been at the mercy of pharmaceutical companies who, by virtue of their capital, have maintained a chokehold on the price of drugs that patients need to stay healthy.
In addition to rising treatments costs, as the global population increases, there are less primary physicians available for consumers looking to be cured. Through the use of Premier Health Group Inc. (OTC: PHGRF) / (CSE: PHGI) / (6PH.F) HealthVue app, patient can see their physician, access their charts & lab results, chat securely with clinical staff, reorder prescriptions and share remote health monitoring data with their doctor – all at their fingertips. The HealthVue app utilizes a virtual care platform designed to be easy to use and to improve a patient’s access to primary care.
In addition these advanced healthcare solutions, the Company shared, in their most recent corporate update, that they plan on utilizing artificial intelligence to assist in virtually triaging the needs of their patients. Using their Healthvue app, the patient will answer a series of questions which will be relayed to the physician, along with a differential on possible diagnoses. This information will be pre-populated to the physicians charting system and will provide key patient information prior to the scheduled virtual visit, saving them a considerable amount of time and allowing more time for patient interaction.
Pursuant to an agreement between MIDAM VENTURES, LLC and Premier Health Group Inc. we were hired for a period from 10/1/2018 – 4/1/2019 to publicly disseminate information about Premier Health Group Inc. including on the Website and other media including Facebook and Twitter. We were paid $300,000 ( CASH) for & were paid “500,000” shares of restricted common shares (as of 1/2/2019). We own zero shares of Premier Health Group Inc., which we purchased in the open market. Once the (6) Six-month restriction is complete on 4/1/2019 we plan to sell the “500,000” shares of Premier Health Group Inc. that we hold currently in restricted form during the time the Website and/or Facebook and Twitter Information recommends that investors or visitors to the website purchase without further notice to you. We may buy or sell additional shares of Premier Health Group Inc. in the open market at any time, including before, during or after the Website and Information, provide public dissemination of favorable Information. Please click here for full disclaimer.
Stock Price Newsletter – February 21, 2019
Mueller Investigation Is Almost Ready
A half-witted, know-nothing playwright by the name of William Shakespeare once wrote that “these violent delights have violent ends.” The line, taken from Shakespeare’s Romeo and Juliet, also featured in Westworld, depicts a scene in which Friar Laurence cautions Romeo into falling for Juliet because his love may catalyze his own violent end. I attribute the words of Shakespeare to the current predicament facing President Donald Trump and his administration. In the two or so years since Trump took office, special counsel Robert Mueller has worked without end to investigate whether the Trump administration colluded in any way, shape, or form, with Russia during the 2016 presidential election.
After countless subpoenas and inducements of former Trump associates and administration members, sources indicate that Mueller’s long nights away from the family could soon be over. Towards that end of January, Roger Stone, a former associate of Donald Trump before he became president, was indicted on charges of seeking stolen emails from WikiLeaks that could damage Trump’s opponents during the 2016 presidential election season.
Per the official language of the indictment:
“…After the 2016 U.S. presidential election, the U.S. House of Representatives Permanent Select Committee on Intelligence, the U.S. Senate Select Committee on Intelligence, and the Federal Bureau of Investigation opened or announced their respective investigations into Russian interference in the 20126 U.S. presidential election…Stone took steps to obstruct these investigations….He made false statements to the HPSCI about his interactions regarding WikiLeaks, and falsely denied possessing records that contained evidence…”
-Robert Stone indictment
The indictment went on to explain that Stone attempted to persuade a witness to provide false testimony and withheld pertinent information from federal investigators. According to several sources, Stone was arrested by the FBI Friday morning while drinking his morning coffee at his home in Florida. Stone’s attorney immediately attempted to defuse any public sentiment stirring up connecting Stone to special counsel Mueller’s investigation, suggesting that Stone’s indictment “focuses on allegedly false statements…made to Congress,” and has nothing to do with Russian collusion.
According to CNN, Attorney General Bill Barr is limbering up in preparation to announce as early as next week the completion of Robert Mueller’s investigation, “with plans for Barr to submit to Congress soon after a summary” of the confidential report is prepared. Interestingly enough, though the details of the report concern both the American people and its presiding government, under special counsel regulations, Mueller must submit his “report” to the attorney general and the law doesn’t require this document to be shared with anyone.
Barr is under no formal obligation to publicly share the report, but I can already assume that members of the Democratic leadership will be banging on his office door until he throws them a bone.
The question on everyone’s mind is, what Mueller discovered in his lengthy investigation. Mueller was appointed to the case on May 17, 2017, and in years following this date, Mueller has had his hands full. Early last week, Mueller’s office filed its sentencing memorandum against Paul Manafort, Trump’s former campaign manager, who will be sentenced next month in federal district court in the District of Columbia.
“For a decade, Manafort repeatedly violated the law. Considering only the crimes charged in this district, they make plain that Manafort chose to engage in a sophisticated scheme to hide millions of dollars from United States authorities. The sentence in this case must take into account the gravity of this conduct, and serve to both specifically deter Manafort and those who would commit a similar series of crimes.”
–sentencing memo from Robert Mueller
As for the findings of Mueller’s investigation, we will have to wait and see how Attorney General Barr chooses to go about sharing the report, if he ends up sharing the information at all. The information could disturb the Trump presidency and possibly give Democrats grounds for introducing articles of impeachment.
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