The Joint Chiropractic Expands into West Virginia
First Clinic Debuts in Morgantown
September 27, 2023 // Franchising.com // SCOTTSDALE, Ariz. - The Joint Corp. (NASDAQ: JYNT), the nation's largest provider of chiropractic care through The Joint Chiropractic® network, has debuted its first location in the state of West Virginia. The Joint Chiropractic – Morgantown opened today, extending the brand's footprint to 42 states.
"Our franchise partners are helping us grow from coast to coast and bring The Joint into busy communities where people can access the routine chiropractic care they need without an appointment or insurance," said Peter D. Holt, President and CEO of The Joint Corp. "Adding West Virginia to our growth path brings unique value to our brand and will allow us to reach new patients looking for affordable and accessible chiropractic care."
The Joint Chiropractic is known for its convenient retail setting and concierge-style services including no-appointments, no-insurance hassles, affordable chiropractic care and accommodating hours of operations, including evenings and weekends.
"I'm excited to introduce walk-in, easy and approachable chiropractic care to West Virginia, and the Morgantown community," said Kristina Smith, franchisee of The Joint Chiropractic - Morgantown. "With its proximity to WVU, businesses, restaurants, and residential neighborhoods, The Joint is in the ideal location to cater to professionals, area residents and university students."
The Joint Chiropractic – Morgantown is located at 358 Suncrest Towne Center Drive in the new Suncrest Towne Center, a high-traffic shopping center in the heart of the medical district. The area is near the campus of West Virginia University, the college's athletics facilities, and the Historic Downtown Morgantown area.
About The Joint Chiropractic
The Joint Corp. revolutionized access to chiropractic care when it introduced its retail healthcare business model in 2010. Today, it is the nation's largest operator, manager and franchisor of chiropractic clinics through The Joint Chiropractic network. The company is making quality care convenient and affordable, while eliminating the need for insurance, for millions of patients seeking pain relief and ongoing wellness. With over 900 locations nationwide and more than 12 million patient visits annually, The Joint Chiropractic is a key leader in the chiropractic industry. Consistently named to Franchise Times "Top 500+ Franchises" and Entrepreneur's "Franchise 500" lists and recognized by FRANdata with the TopFUND award, as well as Franchise Business Review's "Top Franchise for 2023," "Most Profitable Franchises" and "Top Franchises for Veterans" ranking, The Joint Chiropractic is an innovative force, where healthcare meets retail. For more information, visit www.thejoint.com. For more information about franchise opportunities, visit www.thejointfranchise.com.
Business Structure
The Joint Corp. is a franchisor of clinics and an operator of clinics in certain states. In Arkansas, California, Colorado, District of Columbia, Florida, Illinois, Kansas, Kentucky, Maryland, Michigan, Minnesota, New Jersey, New York, North Carolina, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Washington, West Virginia and Wyoming, The Joint Corp. and its franchisees provide management services to affiliated professional chiropractic practices.
Forward-Looking Statements
This press release contains statements about future events and expectations that constitute forward-looking statements. Forward-looking statements are based on our beliefs, assumptions and expectations of industry trends, our future financial and operating performance and our growth plans, taking into account the information currently available to us. These statements are not statements of historical fact. Forward-looking statements involve risks and uncertainties that may cause our actual results to differ materially from the expectations of future results we express or imply in any forward-looking statements, and you should not place undue reliance on such statements. Factors that could contribute to these differences include, but are not limited to, the nationwide labor shortage, which has negatively impacted our ability to identify and recruit qualified chiropractors and other personnel to staff our clinics, inflation, which has led to increased labor costs and interest rates and may lead to reduced discretionary spending by our current and potential patients, the continuing impact of the COVID-19 outbreak, which has caused significant disruption to our operations in the past and may continue to do so in the future in ways that remain unpredictable, our inability to successfully implement our growth strategy if we or our franchisees are unable to locate and secure sites for clinic locations or attract patients to our clinics, a failure to profitably operate company-owned or managed clinics, short-selling strategies and negative opinions posted on the internet which could drive down the market price of our common stock and result in class action lawsuits, our failure to remediate any future material weaknesses in our internal control over financial reporting, which could negatively impact our ability to accurately report our financial results, prevent fraud, or maintain investor confidence, expected new federal regulations and state laws and regulations regarding joint employer responsibility, which could negatively impact the franchise business model, a breach of our IT security systems and those of our third-party service providers (as recently experienced by one of our marketing vendors), which could result in civil liability and a diminished public perception of our security measures, and other factors described in our filings with the SEC, including in the section entitled “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2021 filed with the SEC on March 14, 2022 and subsequently-filed current and quarterly reports. Words such as, "anticipates," "believes," "continues," "estimates," "expects," "goal," "objectives," "intends," "may," "opportunity," "plans," "potential," "near-term," "long-term," "projections," "assumptions," "projects," "guidance," "forecasts," "outlook," "target," "trends," "should," "could," "would," "will," and similar expressions are intended to identify such forward-looking statements. We qualify any forward-looking statements entirely by these cautionary factors. We assume no obligation to update or revise any forward-looking statements for any reason or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Comparisons of results for current and any prior periods are not intended to express any future trends or indications of future performance, unless expressed as such, and should only be viewed as historical data.
SOURCE The Joint Corp.
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Media Contacts:
Margie Wojciechowski
The Joint Corp.
margie.wojciechowski@thejoint.com
Office: (480) 245-5960 x 210
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