Five things to know:
1. Third quarter revenue grew 9 percent year-over-year with $3.78 million.
2. The Back Space, which operates out of Walmart locations, saw visits jump 1,818 percent year-over-year and 28% for the sequential quarter.
3. Nine-month revenue in 2022 of $12.7 million is a 26.9 percent increase compared to the same period in 2021.
4. Highlights of the third quarter include the launch of a vitamin and supplement line and progress in a clinical stem cell trial.
5. IMAC Holdings in the third quarter trimmed its liabilities by $1 million and ended the quarter with immaterial note payable balances.
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
