Podiatry Mindshift

In this episode we'll talk staffing your clinic both with medical assistants, receptionists, doctors and virtual assistants. We will talk shockwave, lasers, ABI's, etc. 

For virtual assistants check out: docassistme.com

For lasers check out: Remy lasers, MLS lasers

For shockwave: email me at [email protected], I can get you a great deal on Oceanus brand shockwave at a fraction of what you'll pay for Zimmer and other brands. 

In this episode, I am going to briefly introduce myself and explain why I am doing this podcast. Not a whole lot of meat here but hope to post weekly and bring on other podiatrists who have been successful in the private practice sector. This is not a get rich fast podcast. This is a podcast where I will have like-minded podiatrists who own very successful clinics and together we'll explain and show you how we did it and how we can help you as well. 

I am not a fan of the cash pay model or the hybrid concierge. Sure you can go that route and there is nothing wrong with that. I just think that patients pay for insurance to use it. So, I believe that you leave money on the table that you can get from insurance by only offering a cash pay, concierge type practice. Instead, offer and insurance based model with ancillaries that are cash pay only to supplement the lower reimbursement and improve overall revenue. 

This is a model I have implemented in my practice and I have gone from a year one revenue of -$199,000 in 2018 to $5.5 million in 2024 with a 2025 estimated revenue of over $7 million. I started my practice in 2018 for $84,000 and I just had my practice valuated at over $12 million by a mergers and acquisitions group. I don't say that to brag, I say that to let you know you can do it too. I didn't know anything in the beginning, hence the -$199,000 loss and maxed out credit cards. But if you can learn from your mistakes or better yet, avoid those mistakes, I believe anyone can make 8-figures.