Next Health, the one-of-a-kind longevity and health optimization center, showcased impressive year-over-year revenue growth last year and is now propelling its record-breaking streak with back-to-back quarters of escalated total revenue, same-store sales (SSS), and membership revenue. This extraordinary achievement amid challenging market conditions is in large part due to the ongoing surge in consumer demand for accessible and personalized healthcare. Noteworthy contributing factors include the introduction of novel treatment options at their Los Angeles facilities, coupled with the buzz generated by their announcement of international growth and franchising opportunities last quarter.
Next Health Achieves Record-Breaking Revenue Growth Over Two Consecutive Quarters
Press Release: October 27, 2023
LOS ANGELES, CALIFORNIA. August 18th, 2023 – Next Health continues its record-breaking revenue performance with two consecutive quarters of increased total revenue, same-store sales, and membership revenue. Consumer demand catalyzes new treatment options and expansion plans in major U.S. and international markets.
With corporate locations in Los Angeles, New York, and Maui, Next Health is the predominant name in the health optimization industry, utilized by both celebrities and professional athletes; Next Health providers partner with patients to optimize health by establishing their “baseline” of current health, creating a data-driven treatment and longevity plan, then leverage Next Health’s proprietary software to provide each patient with a dashboard of their biomarkers, long-term wellness plan, and progress over time. Recent additions to their new services last quarter to their Los Angeles locations include Therapeutic Plasma Exchange (TPE) and the Executive Physical Plus.
“This continuation of record-breaking revenue affirms for us as a team that we’re building something important,” said Kevin Peake, Co-Founder and President of Next Health. “As the industry pioneer in the wellness and health optimization space, we’re at a point of inflection: public awareness and demand has caught up and this industry is now growing exponentially. We’re barely scratching the surface of Next Health’s potential right now, which is why our growth strategy is both innovative and aggressive; with the U.S. wellness economy currently valued at $1.5T and the global wellness economy at $4.4T, Next Health is going to make it possible for patients all over the world to access treatments that improve and even extend their quality of life.”
While Next Health is expanding its footprint of corporate locations, as well as domestically and internationally through franchising in major markets, its total addressable market around the globe remains immense. Franchising opportunities are available in major U.S. markets and overseas to deliver on its mission to empower people to achieve optimal vitality & longevity through their personalized, data-driven approach to healthcare.