What is the Management Company authorized to do on behalf of the Degree Wellness Licensed Provider?
Degree_Wellness Franchise · 2025 FDDAnswer from 2025 FDD Document
- (a) Acquiring the site for Management Company and Licensed Provider to provide their respective services for the operation of the Studio under this Agreement (the "Premises").
The Premises shall comply in all respects with Degree Wellness's System requirements.
Management Company shall perform all tenant responsibilities under the lease agreement for the Premises (or similar responsibilities if Management Company owns the Premises), including, but not limited to, paying rent, acquiring and maintaining connections to utilities, phone and internet services, and performing, or causing to be performed, maintenance, repair, replacement, and janitorial services;
(b) Acquiring all fixtures, equipment, and furnishings necessary for the operation of a Degree Wellness Studio Management Business and the operation of the Studio, and maintaining, repairing, and replacing such fixtures, equipment, and furnishings;
(c) Developing and implementing a business plan for the Studio and managing the operational workflow of the Studio business, specifically, scheduling patient appointments and responding to patient inquiries, determining fees charged for the provision of supplies and devices to patients, assisting the Licensed Provider in the billing and the collection of fees payable for Licensed Provider's provision of the Studio Services, devices, and supplies to patients pursuant to Section 3.1(c), arranging for participation in discount medical plan organizations, including collection of fees from third-party payors, and maintaining patient records, including the confidentiality thereof, under the direction of Licensed Provider, pursuant to Section 3.1(d) below;
(d) Providing office management for the Studio, including purchasing supplies (including office, health and wellness supplies), computer and peripherals, practice management software, off-the-shelf software, general secretarial services, answering telephones and res
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 63–66)
What This Means (2025 FDD)
According to the 2025 Degree Wellness Franchise Disclosure Document, the Management Company is authorized to perform several key functions on behalf of the Licensed Provider. These include acquiring the site (Premises) for the operation of the Degree Wellness Studio, ensuring it complies with Degree Wellness's System requirements. The Management Company also handles all tenant responsibilities under the lease agreement, such as paying rent and maintaining utilities.
Additionally, the Management Company is responsible for acquiring and maintaining all necessary fixtures, equipment, and furnishings for the Degree Wellness Studio. Operationally, it develops and implements a business plan, manages the studio's workflow by scheduling appointments and responding to patient inquiries. It also determines fees for supplies and devices, assists in billing and fee collection for the Licensed Provider's services, arranges participation in discount medical plan organizations, and maintains patient records under the Licensed Provider's direction.
Furthermore, the Management Company provides office management services, including purchasing supplies, managing computer systems and software, providing secretarial services, and handling telephone communications. These authorizations enable the Management Company to handle the administrative and operational aspects of the Degree Wellness Studio, allowing the Licensed Provider to focus on providing the core medical services.