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Nation’s largest Non- Opioid Pain Management Group Neuragenex Signs Development Deal to Open Over 750 New Locations

02-09-2022 09:34 AM CET | Industry, Real Estate & Construction

Press release from: American Development Partners

Nation’s largest Non- Opioid Pain Management Group Neuragenex Signs Development Deal to Open Over 750 New Locations
2/9/2022
Neuragenex Treatment Centers has signed agreements with American Development Partners®, developers of single-tenant rental properties, for construction and leasing of up to 750 treatment centers over the next 5 years.
This agreement launches the Arizona-based company, which was formed three years ago, on a growth track to develop a nationwide system of primary care-based pain treatment centers to address the growing national need for non-pharmaceutical non-surgical pain treatment options.
Neuragenex Treatment Centers' growth is being fueled by an increasing number of aging patients developing chronic pain as a result of their chronic health conditions, and the rise of pharmaceutical prescriptions to treat chronic pain. Additionally, growth is being fueled by the rapidly expanding effort to perform surgeries and invasive procedures to treat chronic pain, which patients desperately would like to avoid. Neuragenex Treatment Centers is hoping to create a national practice platform to assist communities in the fight against chronic pain and drugs and surgeries that are so commonly used to treat it, by creating a new starting point and a new standard of care for patients seeking relief from chronic pain.
Under the development agreement American Development Partners® agrees to provide Neuragenex Treatment Centers with at least 30 qualified practice facilities in 2022, and 96 qualified facilities each year beginning in 2023 until the agreement of 750 locations is completed. For a total estimated development value of $2.6 billion over
The anticipated project expects to provide career-level employment to thousands of healthcare workers and provide treatment to millions of patients across the nation.
Neuragenex Treatment Centers will break ground on multiple sites in Q1 of this year, 2022, with anticipated starting states being Texas, Illinois, Florida, and Georgia.
About Neuragenex Treatment Centers
Neuragenex was created in response to the growing need for a non-pharmaceutical, non-surgical, non-invasive pain treatment program. Neuragenex is the nation’s fastest-growing pain treatment practice because we address this need and provide a solution that works without drugs and surgeries. We maintain a strong dedication to helping patients find pain relief without drugs, surgeries, or risky high dollar alternative treatments.
Neuragenex has successfully treated thousands of patients who never knew there were better options out there. We believe that everyone should start with the least invasive and least risky option first and want to make sure that option is available to everyone everywhere. This is why we are the nation’s fastest-growing pain treatment practice because we strongly believe that everyone deserves a chance to relieve their pain without drugs or surgery first. For more information visit www.neuragenex.com

About American Development Partners
American Development Partners® (ADP) is a full-service development, general contractor (all 50 states), architectural / design, and private equity syndicator based in Nashville TN. ADP provides a 100% turnkey funding solution that allows industry-proven multi-unit operators to grow their business without using any of their own capital allowing our operating partners to truly focus on running the very best organization possible and developing their organizational infrastructure. The company’s model is unique, we work with the multi-unit operators or franchisors to develop marge territories in a rapid manner. We are focused on developing the best franchise and privately owned concepts on the market. For more information visit www.americandevelopmentpartners.com

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13203 N 103rd Ave Unit G4, Sun City, AZ 85351

About Neuragenex Treatment Centers
Neuragenex was created in response to the growing need for a non-pharmaceutical, non-surgical, non-invasive pain treatment program. Neuragenex is the nation’s fastest growing pain treatment practice because we address this need and provide a solution that works without drugs and surgeries. We maintain a strong dedication to helping patients find pain relief without drugs, surgeries, or risky high dollar alternative treatments.
Neuragenex has successfully treated thousands of patients who never knew there were better options out there. We believe that everyone should start with the least invasive and least risky option first and want to make sure that option is available to everyone everywhere. This is why we are the nation’s fastest growing pain treatment practice because we strongly believe that everyone deserves a chance to relieve their pain without drugs or surgery first. For more information visit www.neuragenex.com

About American Development Partners
American Development Partners® (ADP) is a full-service development, general contractor (all 50 states), architectural / design and private equity syndicator based in Nashville TN. ADP provides a 100% turnkey funding solution that allows industry proven multi-unit operators to grow their business without using any of their own capital allowing our operating-partners to truly focus on running the very best organization possible and developing their organizational infrastructure. The company’s model is unique, we work with the multi-unit operators or franchisor to develop marge territories in a rapid manner. We are focused on developing the best franchise and privately owned concepts on the market. For more information visit www.americandevelopmentpartners.com

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