Business Advice for Podiatrists

Healthia Limited is a publicly listed business seeking to turn out to be one of Australia’s top allied health companies which provides podiatry, physiotherapy and related products. They are listed on the Australian Stock Exchange with the sale of a $26.8 million Initial Public Offer (IPO). Healthia is the holding corporation that owns and runs over 70 MyFootDr podiatry clinics throughout Australia. Additionally they have the foot orthotics laboratory, iOrthotics and have a 50 per cent stake of DBS Medical which sells medical products. The Initial public offering income were put to use to fund buying of more podiatry practices plus some physiotherapy and hand therapy practices. They feel that Australia’s highly fragmented allied health market offers a business potential for them to supply integrated solutions in order to meet the need for physiotherapy and podiatry solutions as the population becomes older. They hope to achieve this by supporting clinicians minimize management burdens of their practices. The vertically incorporated companies such as iOrthotics and DBS Medical is going to be used to push buying synergies, and to optimise the functions of current centers, making financial savings through the increased size and improve practice management.

One of the founders of MyFootDr, Greg Dower, was a guest on PodChatLive, the podiatry chat show. Greg is now the Chief Business Development Officer at MyFootDr. Greg is the podiatrist for the Australian cricket team and is the lead in the Elvis Presley tribute band called the Blue Cats. This particular reference to Elvis has gained Greg plenty of attention in the business press in connection with the IPO of Healthia. In the PodChatLive live, Greg spoke with the hosts about his journey from being a sole podiatrist to co-owning a chain of over 50 podiatry practices (which used over 100 podiatrists) ahead of the IPO and further expansion. Greg talked about the extensive mentoring program they have for new graduates, and the work smarter and harder beliefs. At the end of the talk he in brief showed us round his Graceland influenced lounge.

Should runners change the way they run?

A recently popular way to handle too much use injuries that are frequent in runners is to use gait retraining. That is altering how a runner runs using a completely different style. It's a good idea when you have an injury from running one way, then change the method you run. There's still much to be found out about doing this, however it is becoming increasingly trendy and lots of health professionals as well as running technique coaches are applying this to assist runners. There is a newly released episode of PodChatLive that was dedicated to this issue. PodChatLive is a chat show for podiatry practitioners and other health care professionals hosted by Craig Payne in Australia and Ian Griffiths in England. They go live on Facebook with a different guest weekly. The taped edition is then uploaded to YouTube and a audio edition is also published.

In the episode of PodChatLive on running technique in runners Ian and Craig discussed with this with James Dunne. James is an extremely highly regarded running coach and the owner of the Kinetic Revolution to help runners with their teaching and running techniques. In the show they spoke of why and when we may need to adjust someone’s gait retraining, and how a clinician may go about doing that. It shouldn’t surprise anyone that an individual technique is essential, and there are no blanket strategies. One size isn't going to fit all. They brought up the bidirectional and symbiotic connection between running coachs and Podiatrists. James is a runner, a sports rehab therapist and coach from Norwich in the UK. James has a qualification in sports rehabilitation. James started the Kinetic Revolution coaching website back in 2010 as a way of sharing what he mastered on his experience being an ex-pro rugby player to doing work in the sports injury world, and to him learning to be a marathon runner.