LataMed AI Corp. (OTC: LMED) announced Monday a strategic commercial and services agreement between its Venezuelan operating affiliate, LataMed AI VE, and Focus Fitness C.A., a fitness and wellness operator in Caracas, Venezuela. The agreement represents the first operational milestone in the company's previously announced initiative to expand healthcare technologies into fitness, wellness, and athletic performance environments.
Under the agreement, LataMed AI VE is expected to provide technology-enabled onboarding, appointment scheduling, and healthcare coordination capabilities designed to support preventative health evaluations and physical fitness assessments for new Focus Fitness members. The initiative will utilize the company's web-based and mobile technology platforms to streamline scheduling workflows, improve accessibility to healthcare-related services, and support member onboarding activities.
Management stated that the agreement is designed to support broader utilization of the LataMed AI platform while introducing fitness and wellness participants to healthcare technologies and services being developed within the company's healthcare ecosystem. Focus Fitness intends to promote the use of the LataMed AI platform and mobile application among its member base and support adoption of healthcare-related services available through the developing ecosystem.
Dr. Kevin Rodan Levy, Chief Executive Officer of LataMed AI Corp., stated: “This agreement represents an important milestone in the execution of our wellness market strategy. We believe fitness and wellness environments represent a natural extension of our broader healthcare ecosystem, providing opportunities to engage individuals who are actively focused on preventative health, wellness, and personal health management.”
The agreement has an initial term of twelve months and may be renewed. The company believes this relationship may serve as a foundation for evaluating additional opportunities within the broader fitness and wellness sector as it continues to expand its healthcare technology ecosystem throughout Latin America.
Management believes the agreement demonstrates a practical application of the company's broader wellness market strategy and may provide valuable operational insights as the company continues evaluating opportunities within the fitness, wellness, and preventative healthcare sectors. The company believes that the growing convergence of healthcare, wellness, and digital technologies continues to create opportunities for innovative approaches to preventative health management, patient engagement, healthcare accessibility, and technology-enabled care coordination.
For additional information, visit https://latamed.ai or review the company's filings with the U.S. Securities and Exchange Commission at www.sec.gov.
