Med Holdings Group Inc. Announces Expansion Plans and New Business Initiatives
MIAMI, FL, September 16, 2024 (VSNewsNetwork.com) – Med Holdings Group Inc., formerly Yuka Group (YUKA) and parent company of Medsmart Wellness Centers, has announced plans to expand its operations and introduce new business initiatives in the longevity medicine sector. The company, which has been generating nearly $2 million annually over the past two years, is preparing to open additional locations in Coral Gables, Boca Raton, West Palm Beach, Orlando, and Tampa, increasing its presence in Florida.
The planned expansion is aimed at increasing revenue potential while maintaining operational efficiency. According to the company, existing staff at Medsmart Wellness Centers will be responsible for training and managing personnel at the new locations, allowing the expansion to proceed without the need for large-scale hiring.
In a statement regarding the company's growth strategy, Jessica Miller, CEO of Med Holdings Group Inc., noted the growing interest in longevity medicine. “Longevity medicine has become a buzzword, with cutting-edge science and innovative business models revolutionizing how we approach aging and wellness,” Miller said. “We're excited to play a key role in this transformative industry.”
In addition to the expansion of its physical locations, Med Holdings Group has developed a licensing agreement for physician offices with patient bases of 4,000 to 5,000. The agreement provides an opportunity for these practices to add new services and revenue streams with minimal upfront costs, aligning with the company's growth strategy.
Med Holdings Group is also exploring opportunities in the spa industry, focusing on spas that do not currently have a medical component. This initiative is designed to further diversify the company’s portfolio and create additional revenue opportunities in the wellness sector.
For more information, visit www.medholdingsgroup.com or www.medsmartcenters.com.
Source: Med Holdings Group Inc. via Newswire