WHO WE ARE
Bringing Health & Wellness Solutions to All
Medifast is building the health and wellness company of the future, designed to thrive in a GLP-1 world.* It offers a personalized approach to weight loss that combines the support of a dedicated coach, a community, tailored nutrition and a roadmap for healthy habits. This holistic program is designed to empower individuals on their weight loss journey and promote health and wellness.
OUR APPROACH
An Integrated & Holistic Solution
OPTAVIA provides support to people seeking lifestyle change as part of their weight loss journeys. Our coaches empower customers to achieve better health outcomes through fostering authentic human connections‡.
OUR APPROACH
2 Million Lives Impacted
LEADERSHIP
“Our mission of helping customers achieve healthier lifestyles remains unchanged, but we are evolving to provide the necessary tools and resources to meet their needs.”
— Dan Chard, Chairman and Chief Executive Officer
LEADERSHIP
— Dan Chard, Chairman and Chief Executive Officer
AT A GLANCE
A strong financial foundation coupled with growth initiatives make Medifast well-positioned now and for the future
Company Performance
Third Quarter 2024 Highlights
We continue to refine our approach, make progress in several key areas, and work with our independent OPTAVIA coaches and customers as we develop our business model and build our health and wellness company of the future - one that is designed to thrive in a GLP-1 world.
Company Performance
Growing GLP-1 Support
Currently, over 95% of OPTAVIA coach leaders have completed this specialized education and according to our latest commissioned survey of active coaches, approximately 40% of them are now supporting at least one client on a GLP-1 medication. This demonstrates both the adaptability of our coach network and the demand for our tailored solutions.
Company Performance
Fuel For The Future
As part of our ongoing Fuel for the Future initiative, we continue to identify and explore additional cost-saving opportunities, which we expect will further strengthen our financial position as we execute our transformation journey.** Our strategy is grounded in driving efficiency across our core operations, and we are proud to report substantial savings of $45M in 2023, with an additional $22M expected in 2024.
YEARS OF EXPERIENCE
40+
Medical innovation is enabling more people than ever before to access transformative health solutions. At Medifast, we are dedicated to empowering customers to build healthy habits, and this evolving landscape provides an incredible opportunity to amplify our impact.
LIVES IMPACTED
3 million+
Driven by our Coaches, OPTAVIA has impacted more than 3 million lives on their journeys to optimal health and wellbeing.
HEALTHCARE RECOMMENDATIONS
Thousands
Our health and wellness program feature clinically proven plans and scientifically designed products have been recommended by thousands of healthcare providers.
ACTIVE EARNING COACHES
Tens of Thousands
Medifast has built a network of thousands of independent active earning coaches who impact lives.
Medifast is founded, having created a proprietary formula for meal replacements distributed exclusively through doctors.
As a testament to its significant growth and success, the company goes public for the first time on the American Stock Exchange (AMEX). In 2006, Medifast joins the New York Stock Exchange (NYSE) as it continues to grow in sales and earnings.
Medifast launches the 5 & 1 Plan along with the Lean & Green meal that offers an endless variety of protein and fresh veggie options to help Clients reach optimal health in delicious, new ways. The clinically proven Plan and scientifically designed products were developed by physicians, dietitians and scientists.
With Dr. A’s Habits of Health Transformational System, Clients learn to create healthy habits through small, daily changes called microHabits – often starting with achieving a healthy weight and focusing on healthy eating. It isn’t only about the food you eat, though. The program also addresses hydration, exercise, sleep, mindfulness and surroundings – with the goal of healthy habit creation in all areas of life.
There are three fundamental truths that we believe to be true: People are more successful in their health journey when they (1) have help from a Coach, (2) have the support of a Community and (3) incorporate healthy habits into their lives. These insights brought about the evolution of our brand and how we support people in their journey, now exclusively through the OPTAVIAOPTAVIA integrated Coach model.
*Appel, L.J., et al., Comparative effectiveness of weight-loss interventions in clinical practice. N Engl J Med, 2011. 365(21): p. 1959-68; Harrigan, M., et al., Randomized Trial Comparing Telephone Versus In-Person Weight Loss Counseling on Body Composition and Circulating Biomarkers in Women Treated for Breast Cancer: The Lifestyle, Exercise, and Nutrition (LEAN) Study. J Clin Oncol, 2016. 34(7): p. 669-76; van Wier M.F., et al., Phone and e-mail counselling are effective for weight management in an overweight working population: a randomized controlled trial. BMC Public Health, 2009. 9: 6; and Donnelly, J.E., et al., Comparison of a phone vs clinic approach to achieve 10% weight loss. Int J Obes (Lond), 2007. 31(8): p. 1270-6
Medifast announces the opening of a new research and development hub, the Medifast Product Innovation Center. The workplace is designed to support innovation as the company continues to expand its focus to help customers in critical health need-states, with or without medications.
Medifast announces OPTAVIA ACTIVE, a new line of products that are scientifically designed to support muscle health and encourages the Habit of Healthy Motion, a key component of any health and wellness journey. Led by our company’s team of researchers, food scientists, nutritionists and other scientific experts, OPTAVIA ACTIVE Essential Amino Acid (EAA) Blend and OPTAVIA ACTIVE Whey Protein are designed to address age-related muscle mass decline and support overall muscle health.
Medifast expands into the Medically Supported Weight Loss market through collaboration with LifeMD, Inc. The collaboration integrates LifeMD’s telehealth platform and GLP-1 offering for medically qualified patients with OPTAVIA coach-guided, healthy solution lifestyle.
Medifast introduces OPTAVIA ASCEND — a new product line of high-protein, fiber-rich mini meals as well as a daily nutrient pack. These products are featured in two new science-backed nutrition plans designed for people on GLP-1 medications and those looking for help to keep weight off. The mini meals provide essential nutrients to promote muscle health, digestive health and bone health, and combined with the new plans and OPTAVIA’s holistic offer, fill a critical gap in the weight management market.
SCIENTIFIC ADVISORY BOARD
Internationally Recognized Experts in Science and Health & Wellness
Formed in 2008, Medifast’s Scientific Advisory Board serves as a part of our foundation to create scientifically valid, consumer-centric, high-quality innovations for lasting health.
This cross-disciplinary group consists of distinguished physicians, academic researchers, nutrition and health-related policy experts who work to build on Medifast’s scientific and clinical heritage, which focuses on sound approaches to weight management while exploring forward-looking wellness products, weight loss program offerings, and clinical research opportunities.





