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The Joint Corp. - Common Stock (JYNT)

10.05
+0.04 (0.40%)
NASDAQ · Last Trade: May 22nd, 10:33 PM EDT
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Competitors to The Joint Corp. - Common Stock (JYNT)

American Well Corp. AMWL -0.54%

American Well Corp. provides telehealth services, including chiropractic consultations, which allow patients to access care remotely. While The Joint focuses on in-person visits, American Well caters to a growing demand for virtual healthcare, competing for the same patient base but with a different care delivery model. Their technology platform offers convenience and improved access for patients who prefer remote consultations. However, The Joint's established presence and dedicated brick-and-mortar locations may provide a quality of care and patient experience advantage.

Chiropractic Franchise Group

Chiropractic Franchise Group operates a network of chiropractic clinics that emphasize a franchise model. They compete with The Joint Corp. by offering a similar no-appointment-needed service while leveraging their franchise system to expand rapidly across various regions. Their franchise approach allows them to scale effectively, attracting both franchisees and customers looking for convenience in chiropractic care. However, their fragmented franchise model may be less efficient compared to The Joint's corporate model, giving The Joint a streamlined competitive edge.

HealthSource Chiropractic

HealthSource Chiropractic offers a patient-centered approach and combines chiropractic with additional wellness care, aiming to maintain long-term patient relationships. They compete with The Joint by providing a variety of services under one roof, enabling them to attract patients interested in comprehensive health solutions. While HealthSource has a strong focus on integrative care, The Joint's focus on accessibility and affordability through its nationwide franchise model may give it a competitive advantage in urban areas where walk-in services are highly sought after.

Life University

Life University is primarily an educational institution that produces a significant number of chiropractic professionals. Although they do not directly compete in the same market segment as The Joint Corp., many of their graduates go on to establish their own practices. Thus, Life University indirectly affects the supply of new chiropractors in the market, influencing competition in the long term. The Joint's established brand and expansive network may provide it with more immediate advantages in the market than new entrants from Life University.