LataMed AI Corp. (OTC: LMED), a development-stage digital health and artificial intelligence technology company, announced today the execution of a strategic commercial and services agreement between its Venezuelan operating affiliate, LataMed AI VE, and Focus Fitness C.A., a fitness and wellness operator serving members in Caracas, Venezuela.
The agreement represents an initial operational milestone in connection with the Company’s previously announced initiative to expand certain healthcare technologies and digital health services into fitness, wellness, and athletic performance environments. Management believes the agreement represents the first commercial implementation of the Company’s previously announced wellness market expansion strategy.
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 is intended to 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 certain healthcare technologies and services currently being developed within the Company’s healthcare ecosystem.
The Company further noted that Focus Fitness intends to promote the use of the LataMed AI platform and mobile application among its member base and support adoption of certain healthcare-related services available through the Company’s developing healthcare ecosystem. 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.
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. Through this relationship, we expect to gain valuable operational experience while continuing to evaluate opportunities to expand the reach and utility of our healthcare technology platform.”
The agreement has an initial term of twelve months and may be renewed in accordance with its terms. 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.
For additional information, please visit https://latamed.ai or review the Company’s filings with the U.S. Securities and Exchange Commission at www.sec.gov.
