Attribute it to the growing baby boomers with their insatiable appetite to stop aging and look great. It is really their demands which have spawned the Medical Spa industry. With a 147 percent increase in medical day spa openings for 2003, Oakridge Healthcare has responded with a Medical Spa Financing division to meet the needs of this growing market.
According to the ISPA (International Spa Association) “2003 revenues for the U.S. spa industry are an impressive $11.2 billion dollars.” Also noted, “the spa industry remains the fourth largest leisure industry in the U.S. Spa industry revenues continue to surpass those of two very well-known industries - amusement/theme parks and motion picture box office.”
Jeff Russell, CEO commented, “With the explosive growth and large capital requirements, we can provide doctors with a simple, turnkey-financing program to expand their current practices, thus allowing them to quickly enter the lucrative Medical Spa industry with very low startup costs.” MedSpa Financing’s niche will be acting as a one-stop financing source for both the doctors running the medical spas and the medical spa equipment manufacturers.
The International Medical Spa Association defines a Medical Spa as “A medical spa is a facility that operates under the full-time, on-site supervision of a licensed health care professional. The facility operates within the scope of practice of its staff, and offers traditional, complementary, and alternative health practices and treatments in a spa-like setting. Practitioners working within a medical spa will be governed by their appropriate licensing board, if licensure is required.”
About MedSpaFinancing (Oakridge Healthcare)
MedSpaFinancing.com is a division of Oakridge Healthcare which currently provides turn-key healthcare financing solutions to medical practices and equipment vendor financing programs throughout North America (www.oakridgehealthcare.com). Through our network of financial partners, we have the capacity to financing everything from a single treatment machine to a $20 million Medical Spa facility. For additional information, visit our website: www.medspafinancing.com
Contact Information:
Public Relations Department
1-800-485-5759
MedSpaFinancing.com (a division of Oakridge Healthcare)
http://www.medspafinancing.com