IMAC To Implement New Patient Wellness Plans

December 5, 2019

Beginning in January, Patients to be Offered Three Wellness Maintenance Subscriptions for IMAC’s Specialized Services

BRENTWOOD, Tenn., Dec. 05, 2019 (GLOBE NEWSWIRE) -- IMAC Holdings, Inc. (Nasdaq: IMAC) (the “Company” or “IMAC”), a provider of innovative medical advancements and care specializing in regenerative rehabilitation orthopedic treatments without the use of surgery or opioids, today announced it will be implementing new wellness maintenance programs on a subscription basis for all current and future visitors to its Regenerative Medicine Treatment Centers. These subscriptions will become available on January 1, 2020 and the company expects patients to begin to use their benefits January 2.

The company will offer three membership plans. The Flex Plan will require a $10 membership fee and $50 monthly fee which will include a consultation from a company medical practitioner and will offer members four chiropractic adjustments per month. The Plus Plan consists of a $50 membership fee and a $95 monthly fee for all Flex Plan benefits, four decompression visits per month, and one platelet-rich plasma treatment per year. Finally, the Regen Plan, which requires a $100 membership fee and a $300 monthly fee, will include one yearly medical evaluation and one yearly cellular therapy treatment, two platelet rich plasma treatments per year, and access to a 20% discount on additional proprietary regenerative medicine treatments found at the IMAC centers.

“We repeatedly receive requests regarding health maintenance from our patients who complete rehabilitative treatments. We believe these new offerings provide our current and future patients a flexible and varied set of opportunities, from the simple physical manipulation that many seek to a more complex set of offerings that are proprietary to the IMAC Regenerative Medicine Centers,” said Matt Wallis, chief operating officer of IMAC. “Our goal has always been to help patients maintain active lifestyles and optimize quality of life.”

“We believe these maintenance plans will provide our patients with incentive to explore some of the proprietary treatment modalities that we believe set us apart in the market,” continued Jeff Ervin, chief executive officer of IMAC. “Our professionals and facilities are equipped to accommodate the service delivery. In addition, from the shareholder perspective, this new membership plan will provide additional revenue streams and potential new visitors to our regenerative rehabilitation centers without any capital outlay.”

About IMAC Holdings, Inc.

IMAC Holdings was created in March 2015 to expand on the footprint of the original IMAC Regeneration Center, which opened in Kentucky in August 2000. IMAC Regeneration Centers combine life science advancements with traditional medical care for movement restricting diseases and conditions. It owns or manages 15 outpatient clinics that provide regenerative, orthopedic and minimally invasive procedures and therapies. It has partnered with several active and former professional athletes, opening two Ozzie Smith IMAC Regeneration Centers, two David Price IMAC Regeneration Centers, and a Tony Delk IMAC Regeneration Center. IMAC’s outpatient medical clinics emphasize its focus around treating sports and orthopedic injuries without surgery or opioids.

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. More information about IMAC Holdings, Inc. is available at www.imacregeneration.com IMAC

Press Contact:
Laura Fristoe
lfristoe@imacrc.com

Investors
Bret Shapiro
(516) 222-2560
brets@coreir.com

Source: IMAC Holdings, Inc.

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Source: IMAC Holdings, Inc.