Latest / The Buyout Show with Fexingo: Private Equity, Roll-Ups, and Business Acquisitions
How Private Equity Is Buying Up Chiropractic Clinics
Lucas and Luna dig into a quiet but fast-growing corner of healthcare roll-ups: chiropractic clinics. With backing from private equity firms, regional chains like ChiroOne and The Joint Corp are consolidating a fragmented industry of solo practitioners. Lucas walks through the economic logic — stable recurring revenue, low overhead, insurance tailwinds — and why some chiropractors are selling while others resist. Luna asks whether the model actually improves patient care or just boosts billing. Specific numbers: The Joint Corp went from 500 clinics to over 900 since 2020; private equity deal…
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