Preferred Podiatry Group

Preferred Podiatry Group provides specialized podiatric care services for senior living communities in the United States, enhancing health outcomes and mobility for residents through comprehensive service plans. Preferred Podiatry Group, founded in 1972 and headquartered in Northbrook, US, offers podiatric care tailored for senior living facilities. The firm was acquired by Shore Capital Partners in August 2018, with financial terms undisclosed. Their founder's previous entrepreneurial history is not publicly available.

Preferred Podiatry Group (PPG) specializes in delivering comprehensive podiatric care services to senior living communities across the United States. Their primary offering, the Senior Podiatric Care Plan, alleviates administrative burdens by managing billing, scheduling, insurance coordination, and quality reporting. This service focuses on critical aspects such as foot health, mobility, and overall resident well-being, preventing complications from foot injuries that could lead to increased healthcare costs. PPG serves a diverse clientele, including long-term care facilities, rehabilitation centers, and senior communities in states like Kansas, Michigan, Nevada, and others nationwide, ensuring quality care through supportive partnerships with facility staff.

Preferred Podiatry Group's revenue model is built on partnerships with healthcare facilities that engage their podiatric services on a contractual basis. These arrangements allow PPG to handle patient care and administrative duties, enabling facility staff to concentrate on core responsibilities. Facilities typically pay for the services rendered, which encompass regular visits, treatment of foot ailments, and participation in fall-risk prevention programs. PPG’s revenue is driven by the number of residents served and the comprehensive nature of their care plans, ensuring a stable revenue stream based on ongoing collaborations and demand for specialized elderly care.

Preferred Podiatry Group aims to leverage its recent funding from the August 2018 acquisition by Shore Capital Partners to expand its services and geographic presence. The company is focusing on enhancing its service offerings with new product developments aimed at improving podiatric care for seniors. Specific new products and their launch dates have not been disclosed. In addition, PPG plans to expand into new markets, targeting additional states and regions within the US by the end of 2023.