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Healthia and the Podiatry Business

Healthia Limited is a publicly listed organization aiming to turn out to be one of Australia’s top allied health businesses that offers podiatry, physiotherapy and related services. They are listed on the Australian Securities Exchange with the opening 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. They also have the foot orthotics lab, iOrthotics and have a 50 per cent share of DBS Medical which sells medical products. The IPO income were utilised to invest in purchasing of more podiatry centers and some physiotherapy and hand therapy clinics. They think that Australia’s highly fragmented allied health industry offers a business prospects for them to supply bundled services to meet the need for physiotherapy and podiatry solutions because the populace will become older. They hope to do this by helping clinicians reduce management burdens of their practices. The vertically integrated companies including iOrthotics and DBS Medical will be useful to drive buying synergies, and to enhance the procedures of current clinics, producing cost savings with the increased size and enhance practice management.

One of the leaders of MyFootDr, Greg Dower, was a guest on PodChatLive, the podiatry chat show. Greg has become 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 group called the Blue Cats. This reference to Elvis has received Greg a lot of attention in the business press in connection with the IPO of Healthia. In the PodChatLive episode, Greg talked to the hosts concerning his path coming from being a sole practitioner to co-owning a group of over 50 podiatry businesses (which employed over 100 podiatrists) prior to the IPO and further expansion. He discussed the extensive mentoring program they've got for new graduates, and the work smarter and harder beliefs. At the end of the chat he quickly showed us round his Graceland influenced dining room.

Vascular problems in the feet

One of the more essential functions that a podiatrist plays can be to check out the vascular or blood flow status to the foot and lower limb to determine if people are vulnerable or not of inadequate healing as a consequence of blood flow. If a person is at high risk for complications for that reason, then measures must be undertaken to lessen that chance and protect the foot from harm, especially when they also have diabetes. The monthly livestream for Podiatry practitioners, PodChatLive focused a whole stream to that problem. PodChatLive is a free continuing education live which goes live on Facebook. The supposed audience is podiatrists employed in clinical practice, but the real market extend to lots of other health care professionals as well. Through the stream there is lots of dialogue and comments commented on Facebook. Later on the recorded video version is added to YouTube and the podcast version is put onto the usual places like Spotify as well as iTunes.

In the episode on vascular problems and examination of the foot the hosts talked with Peta Tehan, a podiatrist, and an academic at the University of Newcastle, Australia and also with Martin Fox who's also a podiatrist and also works in a CCG-commissioned, community-based National Health Service service in Manchester where he offers earlier identification, diagnosis and ideal clinical handling of people with suspected peripheral arterial disease. During the episode there were many real and useful vascular pearls from Martin and Peta. They brought up exactly what a vascular evaluation may need to look like in clinical practice, the importance of doppler use for a vascular analysis (and typical errors made), we listened to some doppler waveforms live (and recognize how relying on our ears alone is probably not ideal), and recognized the need for great history taking and screening in people who have known risk factors, particularly given that 50% of those with peripheral vascular disease have no symptoms.