Podiatry Group Exceeds 40% Profit Margin
A podiatry group with five doctors, a physical therapist, and six locations contacted DoctorsManagement (DM). The group’s profits were less than 30% and revenue was stagnant. The lack of structure inhibited their ability to take advantage of growth opportunities. In addition, tension between the providers created turmoil among staff and reduced productivity. One of the biggest challenges for DM was to implement operational and financial systems without disrupting productivity.