The Joint Corp receives Investment Bank Analyst Rating Update
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The Joint Corp. develops, owns, operates, supports, and manages chiropractic clinics through direct ownership, management arrangements, franchising, and regional developers throughout the United States. Its segments include Corporate Clinics and Franchise Operations. Corporate Clinics segment is comprised of the operating activities of the Company-owned or managed clinics. The Company operates or manages approximately 96 clinics under this segment. Franchise Operations segment is comprised of the operating activities of the franchise business unit. The franchise system consists of approximately 610 clinics in operation. It offers a range of membership and wellness packages. It offers its patients the opportunity to visit its clinics without an appointment and receive prompt attention. Each patient's records are digitally updated for ready retrieval in its data storage system by its chiropractors in compliance with various applicable medical records security and privacy regulations.