March 7, 2023 Weight Watchers has entered into a definitive agreement to acquire Weekend Health, Inc., d/b/a Sequence, a subscription telehealth platform offering access to healthcare providers specializing in chronic weight management via the use of medications. Sequence seamlessly integrates the patient and clinician experience for ongoing, clinical care and medication management while providing high-touch support…
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Where Is Oprah?
Feb. 23, 2023 As the new diet season progresses, we are left wondering about something. Conspicuously absent from Weight Watchers TV commercials is Oprah Winfrey, who at one time owned 10% of the company. What's happening here? No TV ads featuring Oprah for the new 2023 diet season. Does she still own stock? How much?…
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Medifast Reports 4th Qtr. & 2022 Results
Feb. 22, 2023 Medifast, the #1 weight loss company by revenues, topped earnings and revenue estimates. Fourth Quarter 2022 Revenue of $337.2 million, with revenue per active earning coach of $5,538 Independent active earning OPTAVIA Coaches of 60,900 Full Year 2022 Highlights Revenue increased 4.8% to $1.6 billion Net income of $143.6 million (non-GAAP adjusted net income of $163.5 million) EPS of $12.73 (non-GAAP…
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“Ozempic Face” Side Effect
January 27, 2023 Ozempic is a medication that’s designed to help manage insulin levels in people with type 2 diabetes. However, it’s recently gotten attention after some people spoke out on social media about using the drug for weight loss. Ozempic, which is a brand name for semaglutide, is currently on the Food and Drug Administration’s list of…
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HMR Acquired by Sanford Health, To Re-launch
Jan. 9, 2023 HMR (Health Management Resources), the weight loss program offered for the past 40 years in hospitals, clinics, and MD offices, was recently sold to Sanford Health, which runs the Profile by Sanford weight loss program. HMR has offered both medical and non-medical programs to consumers. In 2023, HMR programs and services will…
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Jenny Craig Adds Line of Fresh Meals
Jan. 5, 2023 Jenny Craig is expanding its menu of nearly 100 food options with the launch of Jenny Fresh, a line of entrees that are prepared fresh and delivered directly to customers' doors. Jenny Fresh will be sold separately from Jenny Craig's weight loss and healthy meal plans, but can be integrated seamlessly into…
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Jenny Craig Appoints New CEO
Dec. 14, 2022 Weight loss and company Jenny Craig Inc. has promoted its president and chief operating officer Mandy Dowson to chief executive officer. Jenny Craig's former CEO David Pastrana, who led the brand for three years, will remain with the company through the end of the year and transition into a role on the…
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New Weight Loss Statistics, New Reports
Dec. 5, 2022 Some new statistics related to the weight loss market have come out, from two sources. The first is related to bariatric surgeries. The ASMBS (American Society for Metabolic & Bariatric Surgery) has released an estimate of the number of surgeries for the total U.S. in 2020. There were 198,651 procedures performed, which…
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