IMAC Regeneration Centers Continues Partnership with the U.S. Federal Government as a Provider of Health Care for the Departm...
March 11 2020 - 8:00AM
IMAC Holdings, Inc. (Nasdaq: IMAC), a provider of innovative
medical advancements and care specializing in regenerative
rehabilitation orthopedic treatments without the use of surgery or
opioids, today announced that the U.S. Department of Labor (DOL)
has named IMAC Regeneration Centers as an approved provider of
medical treatment, physical therapy and chiropractic services for
their Office of Workers’ Compensation Programs (OWCP). The OWCP
administers four major disability compensation programs that
provide wage replacement benefits, medical treatment, vocational
rehabilitation and other benefits to certain workers or their
dependents who experience work-related injury or occupational
disease.
“Government agencies are progressively looking
for ways to improve health plan coverage and access for workers to
receive the highest quality care possible. We feel honored to have
the opportunity to provide innovative opioid alternatives to manage
chronic pain and improve quality of life through our Regenerative
Medicine Centers,” stated Jeff Ervin, CEO of IMAC Holdings. “IMAC
strives to be a leader in developing innovative treatments for
patients coping with chronic illnesses as well as offering
state-of-the-art non-opioid pain management for those suffering
from back or knee pain. We fully support current government
initiatives to reduce opioid prescribing and can help by offering
people an effective solution for pain without the risk of
addiction.”
IMAC now serves DOL OWCP enrollees at nine
locations in six markets in the United States. In addition to the
DOL OWCP programs, the U.S. Federal Government Department of
Veterans Affairs recently named IMAC as a recognized provider in
its Community Care Network. IMAC, along with the VA, is committed
to providing veterans the world-class health care they have earned
and share in the VA’s goal “to do so by adhering to the highest
standards of compassion, commitment, excellence, professionalism,
integrity, accountability, and stewardship.”
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 14
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.
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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 Fristoelfristoe@imacrc.com
Investors Bret Shapiro(516) 222-2560brets@coreir.com
Source: IMAC Holdings, Inc.
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