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09/03/2014
RESPONSES/COMMENTS (NON-CLINICAL) - PART 2
From: David N. Helfman, DPM
I am not sure about your situation. I can give you some ideas to think about regarding your 2017 decision date. Podiatry has a huge opportunity in the future healthcare system. I wouldn’t throw in the towel. I have never seen more opportunities in my entire career, both locally and nationally, when it comes to the business of medicine. The problem that you and most other physicians have is that their practices are not positioned properly to sell to get maximum value from what they have built over the past 20+ years.
Right now, you need to have a consultant come in who knows this space. It is amazing how much money is sitting on the sidelines waiting for a home. Unfortunately, most practices are so antiquated that it could take a year or more just to get the practice in a position that it can be sold at some level. Beware of calling consultants who are related to you or have little experience in this market. Beware of the negative crowd when asking for advice. Pessimistic people don’t know enough to be so pessimistic!
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