Don Pelto, DPM - Podiatry Practice Mastery

What $1M Providers Do Differently


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What $1M Providers Do Differently


How are some podiatrists producing $750K–$1M per provider—without working twice as hard?


In this episode, Don breaks down the practical differences between busy practices and high-producing ones. It’s not magic—it’s math, structure, and service mix. From daily visit targets to packaging protocols and opting out of low-paying insurance, he outlines the operational shifts that drive real per-provider growth.


He also answers a second key question: how do you evaluate whether adding cash services like shockwave will actually pay off? Don shares how to think through break-even math, leverage demos, and structure packages so new technology funds itself.



Timestamps (Total: 8:10)


[00:00] The $1M Question

What are $750K–$1M providers doing differently day to day?


[00:45] Start With the Math

20–25 patients per day at ~$200 per visit = ~$4,000 per day → ~$1M annually.


[01:45] Separate Profitable vs. Non-Profitable Visits

Block routine care into a half day, double book strategically, and protect 20-minute higher-value slots.


[02:40] Add and Automate Services

Imaging (X-ray, ultrasound), in-office procedures, orthotics, DME, and dispensing should be systematized—not optional.


[03:40] Package Everything

Fungal kits, equinus kits, shockwave bundles, laser packages—reduce friction and increase case acceptance.


[04:45] Track Daily Production

Use a daily tracking sheet to monitor imaging, DME, procedures, dispensing, packages, and follow-ups.


[05:20] The Elephant in the Room: Insurance Mix

Opt out of low-paying plans that prevent sustainable margins.


[05:50] Adding Cash Services Without Fear

Use break-even spreadsheets, demo equipment (“puppy dog close”), and shadow experienced doctors.


[07:10] Simple Break-Even Thinking

Often one package per month covers the equipment payment—the rest is upside.



Key Takeaway


High-producing practices don’t rely on volume alone—they optimize per-visit value, package services, automate imaging and DME, track metrics daily, and make disciplined payer decisions.



Conclusion


If you’re stuck below your target revenue, don’t work harder—tighten your math. Audit your daily visit value, block low-margin care, package your services, and run the break-even numbers on one new technology this quarter.


If you want the framework Don references, download the $1M Practice Formula and start implementing step by step.

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Don Pelto, DPM - Podiatry Practice MasteryBy Don Pelto, DPM

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