The Joint Corp.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Company Description
- CEO
- Sanjiv Razdan
- Full Time Employees
- 330
- Sector
- Healthcare
- Industry
- Medical - Care Facilities
- Address
- 16767 North Perimeter Drive Scottsdale AZ United States of America 85260
- IPO Date
- Nov 11, 2014
- CIK
- 0001612630
- Website
- thejoint.com
- Similar Companies
- Business
- The Joint Corp. operates as a leading franchisor in the chiropractic care industry, primarily providing accessible chiropractic services through its The Joint Chiropractic® network. The company specializes in franchise development, management, and support for chiropractic clinics that offer services including chiropractic adjustments, pain relief treatments, wellness care, pain management, sports injury management, and preventive health care. It operates over 950 locations across the United States, servicing more than 14 million patient visits annually. Founded in 2010 and headquartered in Scottsdale, Arizona, The Joint Corp. focuses on an asset-light model emphasizing franchising over corporate ownership of clinics. In recent developments, The Joint Corp. is undertaking a strategic transformation to become a pure-play franchisor by refranchising a majority of its corporate-owned clinics. In 2024 and 2025, it engaged Capstone Partners to accelerate refranchising efforts, aiming to optimize franchisee quality and expand franchise ownership. The company also launched a new mobile app available on iOS and Android platforms to enhance customer engagement. Furthermore, The Joint Corp. authorized a $12 million extension to its stock repurchase program in late 2025, following an initial $5 million tranche, reflecting a focus on capital discipline and shareholder value. It also announced a restatement of financials to correct previous impairment charge calculations, resulting in improved reported net income figures. The company has introduced a new brand awareness campaign in 2025, “Life Unpaused,” emphasizing wellness and ongoing patient engagement. Additionally, The Joint debuted a new clinic location in Delaware, continuing its geographic expansion within the U.S. market. The Joint Corp. serves diverse customer segments, including individuals seeking routine chiropractic care, wellness services, and pain management solutions. Its primary geographic footprint spans the United States, with a focus on regions suitable for retail chiropractic clinic franchising. As the nation’s largest chiropractic franchisor, the company is distinguished by its convenience-oriented business model and broad network reach. The organizational structure supports franchisees with training, marketing, and operational systems, underpinning its growth strategy and enhancing system-wide sales and profitability. Overall, The Joint Corp. is positioned within the healthcare services industry under chiropractic care and franchising business segments, combining healthcare delivery with a scalable franchise platform focused on growth through strategic refranchising and digital engagement. The company’s financial and operational adjustments reflect an emphasis on long-term stability, profitability, and shareholder returns. This description reflects the company’s latest operational, financial, and strategic developments through 2025.
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