Joint Corp
thejoint.comJoint Corp (NASDAQ: JYNT) is a chiropractic services company that operates and franchises retail chiropractic clinics under The Joint brand. Revenue comes from two streams: direct patient fees at company-owned and managed clinics, and royalties and fees from franchised clinic operators. The company serves walk-in and membership patients seeking routine chiropractic care, positioning itself as an accessible, no-insurance-required alternative to traditional chiropractic practices. Headquartered in Scottsdale, Arizona, The Joint operates a system of company-owned clinics and franchised locations across the United States. System-wide same-store sales for FY2025 increased by $2.1 million but were flat on a percentage basis, per the 10-K filed March 13, 2026. CEO Sanjiv Razdan was appointed October 14, 2024, and CFO Scott J. Bowman was appointed June 10, 2025. The business model relies on high patient volume at low per-visit cost, supported by membership-based pricing and walk-in access without requiring insurance.
Products & Services
Retail chiropractic adjustment services delivered at The Joint branded clinics. Services are offered on a membership subscription basis and as single walk-in visits. No insurance is accepted, simplifying the intake and billing process. The company also sells franchises and regional development rights to independent operators.
Revenue Model
Revenue is generated through two channels: patient fees at company-owned and managed clinics, and franchise-related income including royalties and fees from franchisee operators. The clinic model uses membership-based pricing alongside single-visit walk-in fees, targeting high visit frequency at accessible price points without insurance involvement.
Customers & Markets
Individual consumers seeking routine chiropractic care, served through both company-owned and franchised clinic locations. Patients include both active members on recurring plans and walk-in patients. The end market is outpatient musculoskeletal and wellness care, with no disclosed customer concentration.
Geographic Exposure
United States only, based on available filing excerpts. Clinics are distributed across multiple U.S. markets, with the company pursuing density-based advertising strategies in markets with higher clinic concentrations.
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