Challenges of a podiatry practice scale up with Dr. Mikel Daniels

In this insightful episode of Stellar Success: Leveling Up for Medical Pros, Dr. Tudor Francu sits down with Dr. Mikel Daniels, a seasoned podiatrist and successful healthcare entrepreneur. With over two decades of experience and 14 acquired practices under his belt, Dr. Daniels shares the journey of scaling a podiatry practice and the unique challenges of balancing patient care with business expansion.

Dr. Daniels recounts how he transitioned from an associate to a practice owner and his strategic approach to acquiring and integrating smaller practices while maintaining the culture and identity of each. He also explores the mindset shift needed for physicians to embrace entrepreneurship and the lessons learned from navigating private equity, managing multi-location practices, and creating a sustainable retirement plan.

Key Takeaways:

• The importance of culture in healthcare practice acquisitions.
• Balancing patient care with administrative responsibilities.
• Financial strategies for retirement planning as a practice owner.
• Why the next generation of physicians is moving away from practice ownership.

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