Dublin, June 3, 2022 (GLOBE NEWSWIRE)-Added “How to Set Up a Profitable Medical Weight Loss Program” report from Marketdata LLC. ResearchAndMarkets.com Recruitment.
The US medical weight loss program and services market is huge and, including obesity surgery, is worth $ 8.2 billion in 2021.
Programs by hospitals, clinics, franchises, and independent physicians generate $ 1.6 billion. Many MDs want to get a part of this market, but they don’t have the marketing and business background to know how to do it. This fully revised and updated guide lays it out step by step.
This guide provides an overview of commercial programs that compete with healthcare programs and the impact of a pandemic. Learn more about existing medical weight loss programs by MDs, hospitals and clinics, their business models, prices and features, and validate the programs by the drugstore chain Healthcare Mini Clinic. Also look at programs by Barrier Trishan.
This guide provides operational indicators. Average revenue per program, general income statement of expenses and profits, and initial costs. Interview results with top management of major companies. Discussion and Advice: Staffing, Center Design, IT Requirements, Counselors and Nutritionists, Marketing, Websites, Patient Financing, Diet Planning, Rx Diet Drug Use, Supplements and Meal Replacement, Brand Establishment, Some Why Diet Companies Fail, Cases A Study of Successful Medical Weight Loss Programs. Includes reimbursement opportunities related to affordable care laws.
Detailed profiles are provided for the following purposes:
Lindora Clinics, Smart For Life, Medi-Weightloss, Centers for Medical Weight Loss, Nuviva Clinics, Let’s Lose, Dr. G’s Weight Loss, JumpStartMD, Medical Weight Loss of Michigan, CVS Health, Rite-Aid, Wal-Mart, etc.
This guide includes the required forms (joint practice contracts), CPT billing codes for obesity counseling, and sample marketing brochures.
This guide provides all the information a doctor, assistant doctor, nutritionist, or nurse practitioner needs for a successful weight loss practice. It’s a fraction of the cost of hiring a consultant, and it’s all in one place.
Main topics to cover:
Part 1 MD Reality Checks, Success Criteria, Diet Market Outlook, Competition, Program Components, Pricing, ACA Preventive Care Benefits Opportunities, Dieters Want, Franchises and Other Models
- The purpose of the guide
- Is there anything you need to compete in this business?What you need to succeed
- What is the fate of a weight loss company to fail?
Weight Loss Market: 2022 Status Report and Forecast
- Forecast of market segment 2022, major developments since 2020
- Weight loss market $ size by market segment: 2016-2022 forecast
- Top Competitors, Revenues for 2020 and 2021: Table
- The impact of a pandemic on the weight loss market and diet
- Top 7 diets for 2022
- Status of commercial weight loss companies: market leaders, major developments,
- Performance from 2020 to 2021, forecast for 2022
- Health Weight Loss Program Status: Pandemic Impact, Market Size (Surgery, Prescription Drugs, Hospitals, MD and Clinic Programs, Barrier Trishan, 2020-2021 Performance
- Weight loss surgery market, discussions, telemedicine visits
- Table: No. Number of operations 1995-2022F, number of operations by type,
- Surgical market $ value 1995-2022F
- Prescription diet drug market: new drugs, growth
- Hospital, Clinic Based and Other MD Programs: Top Competitors
Why medical weight loss? Why now?
- Demand rationale, positions and commercial programs, barriers,
- Competition: Types of medical weight loss providers, fees
Retail drugstore chain healthcare mini clinic
- Pandemics of retail medical clinics, major chains, and sites they operate
- Overview / Explanation of Weight Loss Programs Provided by CVS, Walgreens (Take Care), Rite-Aid (RediClinics), Wal-Mart
Hospital, clinic, and doctor-based weight loss programs
- Overview and description of types of medical weight loss programs
- Description of a typical doctor-based program, estd. number. Percentage of MDs offering enterprise / vendor vs. independent weight loss programs,
- Average cost to patients for a 12-16 week program
- Doctors have the expertise
Barrier Trishan Weight Loss Program
- Occupational situation, why not growing so much, typical profile
- Barrier Trishan (age, income, gender, years of work, number of staff, training, number, medicines used, treatment costs, etc.)
VLCD & LCD (Ultra Low Calorie Diet & Low Calorie Diet) Turnkey
- Modified fasting program
- How the VLCD program works, explanations, insurance refunds
- Market size, no.Of the patient provided
- Results of interviews with managers: HMR, Vivaliti, Karol Clark Medical Program
- Key market trends, growth factors, 2025 forecasts, positive and negative factors affecting the market
Advantages and Disadvantages of Medical Weight Loss Programs
- Competitive strengths and weaknesses of the clinic
- Available medical weight loss models: franchises, licenses, turnkey models
Company profile (program structure, number of sites, company details)
- Lindora Clinics (corporate chain, not franchise)
- Medical Weight Loss Center (Licensee Model)
- Medi-Weight Loss Clinic
- Michigan Medical Weight Loss Clinic (Corporate Chain)
- Smart forlife
- Nubiba Clinic
- Eliminate advanced weight loss
- Jumpstart MD
- Dr. G’s Weight Loss Clinic
- Ideal protein
- Need to buy a franchise? Is it worth it?
- Obamacare: Key Opportunities Created, Explanation of Preventive Health Benefits, Functions and Limitations, MD, PA, NP, RD Business Opportunities
- Obamacare: CPT Code for Redemption of Weight Loss Counseling
Part 2 Launch costs, retail clinic setup and layout, runbooks, staff recruitment and payroll, operations, revenue and profits, bookkeeping, marketing techniques, counselor roles and quality
- Part-time and full-time ventures?Your choice
- Facility Space and Logistics-New Standalone Center and Existing Space
- Cost of launching a stand-alone retail weight loss center (non-franchise)
- Stand-alone retail center operating costs / income statement
- Investment costs for purchasing a medical weight loss franchise or license by the company
- Find the right retail site
- Recommended lease terms
- Center design: Exterior and interior layout
- Weight Loss Consumer Bill of Rights
- Runbook: Contents (form, procedure / duty of the person in charge)
- Necessary equipment and equipment
- business hours
- IT and software recommendations
- Bookkeeping-Necessary reports
- Patient Financing Options: Make Payment Easy
- Weight Loss Counselor: Your Key Assets, Commercial Coach Weaknesses, Recruiting Your Staff
- What counselors should / should not do, restrictions
- Ideal background for counselors
- How to use a registered dietitian in your practice (typical diet plan, how to find them)
- Collaborative Practice Agreement (see Appendix for samples)
- Marketing: Your Benefits as a Healthcare Professional
- Marketing: Promotion method to use
- Marketing: Budget: How much and how to spend
- Mining existing patient databases (via email, waiting room flyers, videos)
- Email: Use it to stay in touch with weight loss patients
- Your Website: Key Features, How It Works For You, E-Commerce Best Practices
- Customer loyalty
- Waiting room pamphlet (see also sample appendix)
- Local newspaper ads, costs, use of social media, referrals from other health professionals
- Experienced Marketing & Advertising Consultant in Weight Loss Market
Part 3 Case studies of successful medical weight loss chains, diet planning, private labeling of dietary alternatives, use of prescription obesity medications, supplement use, and diversification strategies.
- Why Diet Companies Fail or Get Lost-Case Studies (LA Weight Loss, Weight Watchers)
- Successful Medical Weight Loss Organization Case Study (Lindora, HMR-Health
- Management Resources, NutriSystem, Johns Hopkins)
- Diversification: Face-to-face and virtual / telephone services, different plans for different budgets
- Create a diet plan: use a registered dietitian, dash diet, and other options
- Importance of customization with multiple plans
- Detailed description of how the DASH program works, calorie levels, unauthorized foods, menus, tips, lifestyle changes, and typical daily menus (tables)
- Use of prescription diet medicines: safe medicines to use, problems with previous diet medicines, discussions: phentermine, xenical, Qsymia, Belviq, Alli, Saxenda, Wegovy, etc.
- Form: Patient informed consent for appetite suppressants and participation in weight management programs
- Use of dietary supplements: restrictions, legal experts to consider, customer attitudes towards them, why use is a double-edged sword, pricing, billing restrictions, lawyer experts
- Use of Meal Replacement (Shake & Bar): Popular and Safe Reasons, Own Brand, Vendors Who Can Make They, Calorie Count and Sugar Content, Soy Use, Convenient Elements, Ingredients, High Protein / High Fiber 201
- Vendor Profiles: Bariatric Advantage, Bariatric Choice, Bariatrix Nutrition, Nature’s Sunshine
- Other companies using meal replacement (MLM, VLCD vendors, retail brands)
- Complementary optional services provided (such as hormone testing)
- Growth of obesity surgery, patient demographics, insurance coverage, demand, ACA coverage, ASMBS / Other Obesity Society, which sees the program as a complement to obesity surgery patients (pre-surgery and post-surgery)
- Brand Establishment: Why It’s Important, Behavior and Techniques, Goals
- Diet industry source reference directory
For more information on this report, please visit https://www.researchandmarkets.com/r/qftmfk.
Source: Marketdata LLC
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