IMAC Holdings, Inc. BACK

Company Overview

IMAC Holdings, Inc., trading under the ticker BACK, is a healthcare services company operating in the United States that focuses on non-surgical, outpatient medical services primarily related to musculoskeletal care. The company historically specialized in the treatment of orthopedic and soft-tissue injuries, with an emphasis on rehabilitative and regenerative medicine approaches. Its core services have targeted patients suffering from pain related to auto accidents, sports injuries, and chronic musculoskeletal conditions, often serving patients under personal injury protection (PIP) and workers’ compensation reimbursement models.

Founded in 2000, IMAC Holdings expanded over time through the development and acquisition of outpatient medical clinics. The company went public in 2018 and pursued a growth strategy centered on clinic expansion and complementary healthcare services. In 2023, IMAC Holdings experienced significant financial distress and initiated a restructuring process, including a Chapter 11 bankruptcy filing, after which it emerged with a revised operating structure and began trading under the BACK ticker. Certain aspects of its post-restructuring business focus remain evolving based on publicly available disclosures.