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MedSpa M&A Still Active, But More Disciplined
By Adam Reinebach, Chief Executive Officer, American Med Spa Association (AmSpa)The medspa M&A market remains active and well-capitalized as it ...
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Posted By Kate Harper, Monday, September 17, 2018
Sponsored Content: CareCredit

CareCredit has partnered with the American Med Spa Association to help spa and med spa industry professionals bring the benefits of CareCredit to their practices. Providers can now offer clients access to more treatments and services while also expanding their potential client base to CareCredit's 11 million cardholders. Participating spas and med spas will also become a part of the CareCredit network of qualified providers, which receives more than 850,000 searches per month.
The partnership was developed in conjunction with CareCredit's recent expansion into the day and medical spa markets—helping spa providers drive growth by providing an additional payment option for consumers. Day and medical spas are an attractive growth segment for CareCredit. According to the Global Wellness Institute Global Economy Monitor, wellness is a growing trend showing no sign of slowing down, having become a $3.4 trillion-dollar global industry as of January 2017. Over the next five years, the medical spa market opportunity is expected to grow at a rate of 8% year over year through 2022.

Working with more than 200,000 providers across a broad range of specialties including medical care, beauty, dental and veterinary services, CareCredit helps people care for themselves and focus on their overall wellbeing, while also helping small business owners offer more payment options. In turn, small business owners can enjoy peace of mind while using CareCredit to grow their business and clientele.
All AmSpa Members receive 20% off merchant fees on purchases over $200. Click here to learn more about CareCredit.

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