BIRMINGHAM, Ala., Oct. 6, 2016 /PRNewswire/ -- For the second consecutive year, American Family Care (AFC) has earned a spot on the prestigious Franchise Times 200+ list, an exclusive ranking of the nation's largest franchisors. AFC jumped to No. 157 on the distinguished list, up from No. 201 in last year's ranking. The company also ranked as the second-fastest growing franchise system in terms of gross revenue, bested only by Berkshire Hathaway.
With nearly $450 million in annual system-wide revenue, AFC achieved year-over-year revenue growth of 45% in 2015 – driven by the nation's need for high-quality, accessible health care. "We are delighted to be among the largest and fastest growing franchisors in the U.S.," said D. Bruce Irwin, M.D., Founder and CEO of AFC. "Our success is the result of the dedication our employees and franchisees have to delivering compassionate, convenient health care for our patients around the corner and around the nation."
During the past 34 years, AFC has pioneered the concept of non-emergency room urgent care. With its acquisition of the Doctors Express franchise system in 2013, the company became the nation's only franchisor operating in the realm of urgent care, accessible primary care, and occupational medicine. Each AFC clinic features a high-tech, high-touch approach – including digital x-rays, on-site lab testing, state of the art diagnostics, and electronic medical records. The clinics are staffed by well-trained, compassionate health care professionals, resulting in high rates of patient satisfaction. Most clinics are open daily from at least 8 a.m. to 6 p.m. and no appointments are necessary.
Joining AFC on the Franchise Times list of the ten fastest growing franchise systems in sales are:
Berkshire Hathaway: 49.9% increase from prior year
American Family Care: 45.3%
Dickey's Barbecue: 33.3%
Right at Home: 30.9%
Snap Fitness: 30.5%
Jersey Mike's: 28.6%
Planet Fitness: 25%
Keller Williams: 23.6%
Marco's Pizza: 23.5%
Similar to traditional hospital systems, the AFC franchise model combines skilled physicians with successful business people to deliver quality health care conveniently and in an economical manner. The model has been so successful that from 2009 to the end of 2016, AFC will have grown to 115 franchise units, representing a compound annual growth rate (CAGR) of 52%. "Our growth has been gratifying, and we believe it represents the fact that AFC's patient-centric model is at the forefront of a revolution in the health care," says Scott Hoots, Vice President of Franchise Operations for AFC. "Maybe more telling than our growth is the number of multi-unit franchisees that have arisen within our system as a result of the success they have enjoyed with their initial locations. Their success has surely been our success," concluded Hoots.
About American Family Care:
Starting with a single location in 1982, American Family Care has pioneered the concept of non-emergency room urgent care. With its 2013 acquisition of the Doctors Express franchise, AFC has become the nation's leading provider of urgent care, accessible primary care, and occupational medicine, with more than 160 clinics and 500 in-network physicians caring for 2 million patients a year. Ranked by Inc. Magazine as one of the fastest growing companies in the U.S., AFC's stated mission is to provide the best health care possible, in a kind and caring environment, while respecting the rights of all patients, in an economical manner, at times and locations convenient to the patient. For more information, visit www.americanfamilycare.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/american-family-care-named-among-top-10-fastest-growing-franchises-300340661.html
SOURCE American Family Care