November 7, 2018—TVG-Medulla, LLC, the health care managed services organization behind the Chiro One Wellness Centers brand, announces their acquisition of Max Health Chiropractic offices located in the greater Milwaukee cities of Hales Corners, Waukesha and Brookfield.
The demand for chiropractic care continues to grow as more Americans are opting for conservative treatment options. While this growth is advantageous for the profession at large, health care has become increasingly challenging for sole practitioners. “The individual chiropractor is tasked with an enormous workload,” says Stuart Bernsen, DC, CEO of TVG-Medulla, LLC. “Between the need for a continuous stream of new patients and the tremendous undertaking it is to accept, process and manage insurance, solo practitioners often find they’re not only unable to concentrate on serving patients, they’re unable to sustain their business long term.”
These challenges have begun to move the chiropractic profession toward consolidation through mergers and acquisitions. “As more and more people seek safe and effective treatment options for pain, as well as preventative health care, we have an enormous opportunity within the chiropractic field,” says Bernsen. “The best way we can support this evolution in health care is through creating critical partnerships among practitioners, so the doctor can focus on the patient, and health care management organizations like TVG-Medulla, LLC, can take on the business-driven aspects of the practice. As the industry consolidates, there will be power in numbers.”
The acquisition of these three offices brings the number of Chiro One Wellness Center clinics to 46 between Illinois and Wisconsin, serving more than 25,000 patients a year. TVG-Medulla, LLC, is headquartered in Oak Brook, Illinois, and has plans for continued expansion into new markets across the Midwest and beyond.
Source: Chiro One Wellness Centers