Consumer-friendly Healthcare Delivery Model Drives Triple-Digit Growth for The Joint Corp.
Franchisor's chiropractic clinics see record-breaking number of new patients in first quarter;
200th location opens
SCOTTSDALE, Ariz. (May 12, 2014) — The Joint Corp., a national franchisor that is transforming chiropractic care, today announced that 47,000 new patients visited their 192 clinics referred to as The Joint…the chiropractic place, across 22 states for the quarter ended March 31, 2014. In March alone, The Joint had a record-breaking 160,000 patient visits. Earlier this month, The Joint opened its 200th clinic.
2013 Milestones for The Joint Corp.:
- Over one million patient visits in 2013, up 116 percent from 2012.
- 96 new clinics, up 120 percent.
- 100 new franchise licenses awarded, up 30 percent.
- 150 percent growth in total clinic revenue.
Q1 2014 Highlights:
- 47,000 new patients in Q1, more than double that of first quarter 2013.
- A record 160,000 visits in a single month.
Click here to learn more about franchising: http://www.thejoint.com/franchise-opportunities.aspx
In 2013, The Joint Corp. was recognized as one of the fastest-growing private companies in the U.S. by both Entrepreneur magazine (ranked 183) and Inc. magazine (ranked 44 on the Inc. 500 list). “Our growth demonstrates that the market is demanding a consumer-friendly healthcare model designed around patients’ needs rather than those of providers or insurers,” said David Orwasher, president and chief operating officer of The Joint Corp. Orwasher added that the company’s approach to healthcare “empowers consumers to become more actively involved in managing their health by providing them with a pain relief and wellness option that is affordable, approachable, and accessible.”
Patient-first care model bypasses insurance
The Joint’s phenomenal growth is due to a patient-first care model that goes against the norm in the healthcare industry. It begins with The Joint’s membership approach which eliminates insurance hassles. Patients can choose from several plans, including a $49/month plan that includes up to four visits (a cost significantly lower than the average insurance co-pay for a single visit).
Convenient locations and hours give patients more control
Patients can receive treatment at any of The Joint’s nationwide locations near their home, office, while on vacation or traveling for work. Patients come in when it’s convenient. Appointments are not required, and all clinics have extended and weekend hours. The Joint’s clinics, which are warm and inviting, are typically located in convenient high-traffic retail areas rather than separate and sterile medical complexes, making it easy to work spontaneous visits into busy lives.
“Our unique approach to healthcare gives consumers what they need to take back control of their health and invest in themselves,” Orwasher said. “At the same time we are expanding the chiropractic market by attracting more patients. With the burgeoning healthcare and wellness field now standing at nearly 18% of GDP in the U.S., this is the ideal time to become a franchise owner.”
About The Joint Corp.
Headquartered in Scottsdale, Ariz., The Joint…the chiropractic place®, is reinventing chiropractic care through a franchise model that makes quality alternative healthcare affordable for patients while simplifying business operations for chiropractors and franchise owners. Its affordable membership plans eliminate the need for insurance, and its no-appointments policy and convenient locations make care more accessible. The company has more than 200 clinics open and 450 in development in 30 states and is actively seeking additional franchisees/investors. For more information, visit www.thejoint.com, follow us on Twitter @thejointchiro and find us on Facebook, You Tube and LinkedIn.