Increased Patient Volume and Visits Per Clinic
In the fourth quarter, visits per clinic per day reached a new high of 31.7 compared to 29.9 in the prior year's quarter. Total patient volume grew 13% year over year.
Revenue and Profit Growth
For the fourth quarter, revenue grew more than 32%, with a full year revenue growth of nearly 24%. Gross profit increased 21.5% for the year.
Record Adjusted EBITDA
Adjusted EBITDA for the fourth quarter of 2024 was $21.8 million, compared to $19 million in the prior year.
Successful Expansion and Acquisitions
Seven acquisitions were completed in 2024, adding approximately seventy clinics through acquisitions and de novo locations.
Injury Prevention Business Growth
IIP segment revenues were up 32.1% in Q4 2024 over the prior year, with full-year revenues up 23.8%.
High Net Promoter and Google Care Ratings
The network achieved a net promoter score of 93 and Google Care ratings of 4.9, indicating high patient satisfaction.