SosTravel.com S.p.A., a digital operator in the air passenger services market, has signed a binding letter of intent with the U.S. telehealth provider, Health Point Plus, Inc., active in the remote health care services sector with telecommunication tools.
SosTravel.com S.p.a. and Health Point Plus, Inc., have signed a letter of intent committing to negotiate and execute, by 30 September 2020, a two-year trade agreement on the basis of which they will build from the already existing service and avail of Health Point Plus’ network of doctors to create a first aid medical tele-assistance product dedicated to travellers. In order to strengthen the business relationship, and in anticipation of the upcoming IPO of Health Point Plus, it is also expected that SosTravel will purchase a minority interest in Health Point Plus by subscribing to a portion of the capital increase approved by Health Point Plus for a value of US$100,000 (€85,000).
Health Point Plus Inc. has developed a proprietary technology platform that connects more than 3,000 medical doctors with its users, simplifying and revolutionising the first contact between doctor and patient.
“We believe that the agreement with Health Point Plus will revolutionise the traveller’s experience in the unpleasant event of an illness or malaise abroad,” says Rudolph Gentile, Chairman and CEO, SosTravel. “All this through a simple contact on a smartphone with a doctor who can give an initial diagnosis and either suggest further analysis or indicate a treatment. This also applies, for example, to COVID-19 symptoms that can be easily misinterpreted as a mere flu. We are addressing a very broad audience of travellers who are looking for increasingly advanced and efficient services for problems that may arise along the way, and we are convinced that tele-medicine will significantly enhance SosTravel’s portfolio of services.”