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IMAC Holdings, Inc. announces expansion of growing clinic in St. Louis area

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IMAC Holdings has relocated the Ozzie Smith IMAC Regeneration Center in Webster Groves to a new 3,400-square foot facility in the Clock Building, motivated by an increase in patient demand. The center is now situated just one block from its previous location and reported over 9,000 patient visits in 2021. With a focus on regenerative orthopedic treatments without surgery or opioids, the clinic aims to expand treatment options. This move reflects the company's dedication to quality care and enhancing patient experiences in the St. Louis area.

Positive
  • Relocation to a 3,400-square foot facility allows for expanded treatment options.
  • Reported over 9,000 patient visits in 2021, indicating growing demand.
  • Partnership with Lockwood Chiropractic enhances healthcare offerings.
Negative
  • None.

The Ozzie Smith IMAC Regeneration Center in Webster Groves relocates to Clock Building; expansion motivated by growing patient base

WEBSTER GROVES, MO, Jan. 10, 2022 (GLOBE NEWSWIRE) -- IMAC Holdings, Inc. (Nasdaq: IMAC) (“IMAC” or the “Company”), a provider of innovative medical advancements and care specializing in regenerative and rehabilitative orthopedic treatments without the use of surgery or opioids, is addressing patient demand in the greater St. Louis area with the relocation and expansion of the Ozzie Smith IMAC Regeneration Center Webster Groves clinic.

Today, the clinic opens a new 3,400-square foot space in the Webster Groves Clock Building that is located just one block from the center’s former location. IMAC formed a partnership with Lockwood Chiropractic in November 2020 and reached over 9,000 patient visits for 2021.

"IMAC assembled an experienced team of healthcare providers to complement Dr. Whalen’s decade of service to the Webster Groves community. I have had the pleasure of caring for patients in the St. Louis community for over 33 years and this team is second to none,” said Doug Bouldin, APRN, Founding Partner of the Ozzie Smith IMAC Regeneration Center. “This move reflects our quality of care delivery and we appreciate hosting our services in a modern facility to complement our longstanding Chesterfield clinic.”

“Lockwood has been in the Webster community since 1982 and the patients have embraced our medical platform addition over the past year. Relocating to a larger facility allows us to expand treatment options to our patients in a modern practice,” said Sharon Whalen, DC, owner of Lockwood Chiropractic until 2020. “We experienced tremendous growth last year and the new location should allow us to continue growing in this market.”

The Ozzie Smith IMAC Regeneration Center is accepting new patients suffering from joint or back pain. Prospective patients may call (855) OZZIE-01 to learn more about IMAC services.

About IMAC Holdings, Inc.

IMAC Holdings owns and manages health and wellness centers that deliver sports medicine, orthopedic, and life science therapies for movement restricting diseases. IMAC is comprised of three business segments: outpatient medical centers, The Back Space, and a clinical research division. With treatments to address the aging population, IMAC Holdings owns or manages more than 15 outpatient medical clinics and has partnered with several active and former professional athletes, including Ozzie Smith, David Price, Mike Ditka, and Tony Delk to promote a minimally invasive approach to sports medicine. IMAC’s The Back Space retail spine health and wellness treatment centers deliver chiropractic care within Walmart locations. IMAC’s research division is currently conducting a Phase I clinical trial evaluating a mesenchymal stem cell therapy candidate for bradykinesia due to Parkinson’s disease. For more information visit www.imacholdings.com.

Safe Harbor Statement

This press release contains forward-looking statements. These forward-looking statements, and terms such as “anticipate,” “expect,” “believe,” “may,” “will,” “should” or other comparable terms, are based largely on IMAC's expectations and are subject to a number of risks and uncertainties, certain of which are beyond IMAC's control. Actual results could differ materially from these forward-looking statements as a result of, among other factors, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the skills and experience necessary to meet customers’ requirements, and its ability to protect its intellectual property. IMAC encourages you to review other factors that may affect its future results in its registration statement and in its other filings with the Securities and Exchange Commission. In light of these risks and uncertainties, there can be no assurance that the forward-looking information contained in this press release will in fact occur.

IMAC Press Contact:
Laura Fristoe
lfristoe@imacrc.com


FAQ

What is the significance of the relocation of the Ozzie Smith IMAC Regeneration Center?

The relocation to a new 3,400-square foot facility allows IMAC to address growing patient demand and expand treatment options.

How many patient visits did IMAC report for 2021?

IMAC reported over 9,000 patient visits for the year 2021.

What types of treatments does IMAC provide?

IMAC specializes in regenerative orthopedic treatments without surgery or opioids.

What is the address of the new IMAC Regeneration Center?

The new center is located in the Clock Building in Webster Groves, MO, just one block from its former location.

How does the partnership with Lockwood Chiropractic benefit IMAC?

The partnership enhances IMAC's healthcare offerings, particularly in the Webster community, which has embraced their medical platform.

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