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03/31/2026 Robert Kornfeld, DPM
RE: Why did you decide to pursue a career as a healthcare provider? (Elliot Udell, DPM)
When I hear any doctor state that they became a doctor solely to help people, I have to question that reality. I think we all went into medicine to help patients. But would any of you have put in all the years of education and training (and DEBT) to pursue a career that did not have the capacity to provide a really good income?
Let's be honest. Is the reason that podiatry enrollment has dwindled over the years because of a loss of interest in the human foot? I think not. What I believe (and all you have to do is go to a podiatry conference to hear it) is that the majority of podiatrists are fed up with insurance and Medicare burdens and hassles and they DO NOT encourage young people to follow this path. They are miserable and angry. Couple that with the fact that you can become an NP and practice on the entire body in an independent practice.
Like I said in my prior post on the subject, I believe we have TWO reasons why podiatry is dying a slow and painful death. The first is dwindling insurance reimbursements. The second is the lack of a plenary license.
But there's more than meets the eye.
I've been invited to speak to a group of orthopedic surgeons. They have a plenary license. Yet, this group of surgeons is also fed up, tired and disgusted with what is happening in the insurance-dependency model. And they want to learn about the merits and benefits of a direct-pay model and how to create a successful independent practice. Why am I sharing this? Because for them, as well as us, making a superior living is an essential part of what drives all of us to work as hard for our patients as we do. Altruism does not pay the bills.
The move to direct-pay models is burgeoning all across the country. Those who have convinced themselves that "their patients will never pay them" have no understanding of how this model works. I am friendly with many MDs and DOs who have walked away from insurance and gone to a direct-pay model. And I do know quite a few DPMs who have made the same move. I haven't heard anyone say they are sorry. In fact, they all celebrate their courage to do so.
It's not about loading more non-covered services into your office. It's about a system that is destroying medicine and has conditioned patients not to value anything you offer that might cost them money. Direct-pay physicians de-condition patients to pivot and gravitate to value-based, not volume-based offices.
There's so much to talk about. At 71, I'm still in love with practicing and I am still trying my best to help this profession see things from the bird's eye view that I have after all these years.
Robert Kornfeld, DPM, New York, NY
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