Leading medical weight loss clinic continues
to elevate its profile and value proposition amidst growing
consumer interest in GLP-1 drugs
ST.
PETERSBURG, Fla., July 25,
2024 /PRNewswire/ -- Options Medical Weight Loss, a
Thurston Group portfolio company, today announced it achieved
significant revenue growth of 80 percent in the first half of the
year, and continues its trajectory for notable expansion. With
strong additions to executive leadership in place and approximately
14 new clinic locations planned to open by year end, the company is
charging ahead in its mission to reduce the national year-over-year
growth of obesity rates through transformational medical weight
loss and health coaching experiences provided by obesity-certified
experts. Options Medical Weight Loss is further bolstered by a
growing interest among consumers in wanting to live longer, happier
and healthier lives. Key highlights from the first half of the year
include:
![Options Medical Weight Loss to open newest clinic in North Raleigh, N.C. (PRNewsfoto/Options Medical Weight Loss) Options Medical Weight Loss to open newest clinic in North Raleigh, N.C. (PRNewsfoto/Options Medical Weight Loss)](https://mma.prnewswire.com/media/2450160/Options_Medical_Weight_Loss_Logo.jpg)
- Realizing 80 percent top line, year-over-year revenue
growth;
- Achieving a Net Promoter Score (NPS) of 90 for world-class
service and care;
- Strengthening the leadership team with the additions of
Ken Chatfield as Chief Information
Officer; Kristy Kaloyanides as
Interim Chief Operating Officer; Laura
Petrolito as Head of People; and Michael Lover as Head of Operations;
- Opening four clinics in three new states—Michigan, Georgia and North Carolina—while improving
telehealth infrastructure to service the company's nationwide
network of clients; and
- Sustaining an average patient weight loss of 38lbs and 17
percent of body weight in six months.
"We are immensely proud to help individuals achieve their weight
loss goals and improve their overall health and well-being," said
Dr. Matt Walker, CEO and founder of
Options Medical Weight Loss. "As we continue to grow and expand,
our focus remains on enhancing the patient experience and
broadening our reach to serve more communities—extending our
high-quality, personalized care to even more individuals seeking
comprehensive weight loss solutions."
Options Medical Weight Loss also launched a 12-Week
Transformation Challenge and correlation study around weight loss
and reduced cardiovascular incident risk, which led to substantial
improvements in key health metrics and greater efficacy in managing
obesity and associated health risks. Participants experienced
significant reductions in weight, body mass index (BMI), body fat
percentage, waist circumference, visceral fat level, systolic and
diastolic blood pressure, fasting blood glucose and hemoglobin A1c
levels.
"Our dedicated team has worked tirelessly to provide exceptional
care and innovative solutions to our patients, and we can see the
amazing results of these efforts in our recent Transformation
Challenge," said Dr. Katrina
Mattingly, chief medical officer of Options Medical Weight
Loss. "These accomplishments are a testament to our commitment to
helping people achieve their weight loss goals, and we look forward
to making even greater strides in the months ahead."
As Interim Chief Operating Officer, Kristy Kaloyanides will oversee the operational
standardization process across the company's entire portfolio of
clinics and will partner with Head of Operations Michael Lover to develop a team of high
performing leaders who are determined to transform patients' lives
while increasing revenue growth for the business. Kaloyanides
previously held director-level roles at Target, CVS and, most
recently, served as SVP of Field Operations at MyEyeDr.
Utilizing his 15 years of CIO experience in various healthcare
organizations, Ken Chatfield steps
into his role as Chief Information Officer for Options Medical
Weight Loss and will focus on integrating advanced technologies and
data analytics that streamline processes, improve patient outcomes
and elevate the standard of care. As Head of People, Laura Petrolito will support the company's rapid
growth by improving the onboarding experience and launching new
accelerated development programs focused on clinic leadership and
consultative ideas, all of which will help strengthen Options
Medical Weight Loss's talent selection process and value
proposition.
The company currently operates 27 Options Medical Weight Loss
clinics in the U.S. To start a weight loss journey, sign up for a
free consultation and metabolic scan or call 888-405-LOSE
(5673). For more information, visit
OptionsMedicalWeightLoss.com or follow along on Facebook,
Instagram, LinkedIn, and YouTube.
About Options Medical Weight Loss
Options Medical Weight Loss is the nation's premier medical weight
loss clinic. The Company incorporates medically backed solutions,
one-on-one health coaching, and innovative technology designed to
track progress and help drive positive patient outcomes that far
exceed the industry average. The practice has pioneered positive
weight loss experiences for more than 50,000 patients since its
founding in Chicago in 2014, and
currently operates 27 full-service clinics throughout the U.S.,
including Illinois, Ohio, Florida, Arizona, Indiana, Michigan, North
Carolina and Georgia. Visit
OptionsMedicalWeightLoss.com for more information.
About Thurston Group
Thurston Group is a Chicago-based private equity firm that focuses
on building industry-leading companies in the healthcare and
related business service sectors. Thurston has an extensive track record of
partnering with physicians and building fast-growing healthcare
businesses, including SGA Dental partners, Gen4 Dental Partners,
Smiles Dental, ARC Health, Options Medical Weight Loss, and U.S.
Orthopedic Partners. Over its 37-year history, Thurston Group has
returned over $4B of invested
capital. For additional information about Thurston Group, please
visit Thurston Group's website at www.thurstongroup.com.
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SOURCE Options Medical Weight Loss