By: Christine Dura The medical franchise industry has exploded over the past decade. From dental practices to urgent care centers and beyond, smart entrepreneurs and licensed practitioners are taking advantage of the increased demand for convenient healthcare. When it comes to franchises, the roadmap is simple: provide a needed service across a variety of locations… Read More »
Blog
Orthopedic Industry Revenue Reaches $48.1 Billion
By: Christine Dura With the ever-expanding medical franchise industry, business opportunities and growth in healthcare seems non-stop. One supporting factor in this assumption is that revenue in the orthopedic industry has reached an impressive $48.1 billion just last year. This overall 3.2 percent increase came as a result of every avenue product performance garnering growth… Read More »
When 9 to 5 Doesn’t Work
By: Christine Dura At one point or another during their careers, all people tend to become introspective and evaluate where they are on life’s path. For many, the conclusion that their current job or career is unfulfilling, unbalanced, or is not a trajectory to lead them to personal and professional prosperity they desire becomes a… Read More »
Disrupting the Healthcare Delivery System to Achieve the Quadruple Aim
By: Christine Dura During a time when the U.S. healthcare industry is emerging from a period of reform to transformation an unlikely entrepreneurial duo, orthopedic surgeon Dr. Alejandro Badia and financial industry expert and Wharton alumni Justin Irizarry, saw an opportunity to disrupt the multi-billion-dollar orthopedic healthcare delivery system and to simultaneously achieve the industries “Quadruple… Read More »
Why Healthcare Franchises Embrace Apps to Grow Market Share
By: Christine Dura Healthcare franchisors like OrthoNOW, the nation’s only orthopedic urgent care franchise, inherently understand the Steve Jobs adage that “You’ve got to start with the customer experience and work back toward the technology, not the other way around”. Co-Founder and Chief Financial Officer, Justin Irizarry says “injuries do not happen by appointment so… Read More »
Why You Should Invest in a Healthcare Franchise
By: Christine Dura Everyday orthopedic surgeons, physician’s assistants, and other support medical personnel will treat patients who had suffered an orthopedic injury and first sought treatment in an emergency room. Once there, the patient would experience long wait times only to be treated, released, and then referred to a specialist. This methodology increases not only… Read More »
How Healthcare Franchising Impacts Access to Affordable Care
By: Christine Dura Access to affordable, quality healthcare is a major concern for everyone. Factors including; place of residence, income level, preexisting conditions, insurance coverage, age, corporate footprints, and provider reactions to supply and demand significantly influence an individual’s ability to gain entry to the world of medicine. Despite any future efforts to reform or… Read More »
Dying to Be Cured
By: Christine Dura A recent study by researchers at Johns Hopkins Medicine says medical errors should rank as the third leading cause of death in the United States. The Hopkins study, based on an analysis of prior studies, estimates that more than 250,000 Americans die each year from medical errors, which can include death from… Read More »
Medical Franchising and the Retailization of Healthcare
By: Christine Dura The one truism of the Affordable Care Act is that this legislation created the empowered patient. The empowered patient evolved from technology, transparency and a lack of primary care providers needed to service the patient population. What the empowered patient demands from the medical marketplace is better outcomes, at a lower cost,… Read More »
A Common Sense Approach to the ACA
By: Justin Irizarry The recent failure of the Trump Administration and GOP leadership to pass a bill to reform Obamacare was shocking. Notwithstanding the extremely short time taken by leadership to bring a replacement bill to the House and Senate, and despite claims that the program will fall apart in the near future, the bill’s… Read More »
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