Does the Healthsource Chiropractic Franchise Agreement include a HSWorx Service Agreement?
Healthsource_Chiropractic Franchise · 2025 FDDAnswer from 2025 FDD Document
you $698.00 per month until you return the ACH information to them. See Franchise Agreement – Exhibit 4 for additional information. This estimate does not include fees we will charge you if your franchise is not "live" on the software system within two months post training. If you are a conversion franchise and are not "live" on the software system within two months of training, a $500 per month fee will be assessed. Af
Source: Item 22 — Contracts (FDD page 77)
What This Means (2025 FDD)
According to the 2025 Healthsource Chiropractic Franchise Disclosure Document, the franchise agreement itself does not appear to include a separate HSWorx Service Agreement as an exhibit. However, Exhibit 4 of the Franchise Agreement contains additional information regarding HSWorx. Item 7 mentions HSWorx in the context of the estimated initial investment, specifically regarding the computer and billing system required for Healthsource Chiropractic Clinics.
The estimated initial investment includes fees for the required computer and billing system provided by HSWorx. The low estimate is based on HSWorx's usual monthly fee of $598, while the higher estimate accounts for optional products or services from HSWorx. These amounts cover up to 5 seats and are subject to the number of claims processed and other services provided. If a franchisee fails to provide ACH draft information to HSWorx, Inc. within seven days of corporate training, HSWorx will charge $698.00 per month until the information is provided.
Prospective Healthsource Chiropractic franchisees should carefully review Exhibit 4 of the Franchise Agreement to understand the full scope of their obligations and the services provided by HSWorx. It is important to clarify with Healthsource Chiropractic what specific aspects of the HSWorx services are mandatory versus optional, and how these choices impact the overall cost of operating the franchise. Understanding the terms and conditions of HSWorx is crucial for budgeting and managing the financial aspects of the franchise.