Sparta Group Officially Establishes Sparta Health Corp. With the Current Healthcare Crisis in Mind

TORONTO, ON / ACCESSWIRE / May 9, 2023 / Sparta Group (TSX.V:SAY) (OTC PINK:SCAXF) (the "Corporation", the "Company", "Sparta Group", "Sparta Capital", "SAY.V" or "Sparta") is celebrating the expansion of its Innovation division with the launch of Sparta Health Corp. The formation of this company comes as the convergence of healthcare and technology accelerates, and at a time when Sparta's Innovation division finds itself in a position to develop various technologies enhanced by artificial intelligence ("AI") and blockchain technology.

Sparta Health Corp. is a purpose-driven company that will develop and commercialize evidence-based medical technology to support health care providers and patients outside the typical emergency department or doctor's office; delivering solutions intended to compare a patient's health against their own baseline as opposed to approximations from past studies. This comes at an opportune time. There has been a lot of debate about how to stabilize Canada's healthcare system currently plagued by a lack of doctors and nurses, as well as temporary hospital emergency room closures.

In response to the health crisis, the province of Ontario announced last summer that it would be expanding the role of paramedics, allowing them to provide certain treatments instead of always taking the patient to a hospital emergency or other healthcare facility. Sparta management believes health care providers like paramedics would be better equipped if they could take advantage of the digital revolution, including technology that can generate vast amounts of patient-specific medical information and data to empower healthcare decision-making.

"We contend that healthcare is still under-digitalized, and people, especially those who live in remote communities, need better access to care. Our technologies are being designed to constantly analyze an individual's key indicators while using AI to scrutinize large amounts of medical data being produced around the world. Our goal is to modernize and streamline care delivery and alleviate the inefficiencies and challenges health care providers and patients face. Establishing Sparta Health Corp. made sense when you consider that as we continue to look for ways to help develop a healthy environment, we need to consider the health of the people who are intended to live in that environment. Health systems are in transition all over the world and we have the technical ability to help," said John O'Bireck, President and CTO at Sparta Group.