Benchmarks
Podiatry financial benchmarks
How does your podiatry practice compare? Key metrics cited to specialty association data and cross-checked against Sorso client engagements.
Benchmarks are published industry ranges and Sorso-observed ranges from our client engagements. They are directional, not prescriptive — use them as a starting point for diagnosis, not a target.
Data reflects 2024 reporting cycles where available, with 2023 data used when a newer survey has not yet been published.
Profit Margin
20%
Range: 15%–25%
Overhead Ratio
80%
Range: 75%–85%
Revenue / Provider
$350K–$600K
Annual range
Collection Rate
90%
Range: 88%–93%
Denial Rate
10%
Range: 8%–12%
A/R Days
36 days
Range: 28–48 days
Source: Industry benchmarks compiled from MGMA, specialty association surveys, and practice management databases. Updated 2026.
How your practice compares
Where the money goes
| Category | % | Description |
|---|---|---|
| staffing | 50% | Clinical and administrative staff wages, benefits, and payroll taxes |
| rent | 10% | Facility lease, utilities, and maintenance costs |
| supplies | 7% | Clinical supplies, office supplies, and consumables |
| equipment | 8% | Equipment leases, maintenance, and depreciation |
| marketing | 6% | Digital advertising, website, patient acquisition |
| insurance | 5% | Malpractice, general liability, and property insurance |
| Other | 14% | IT, professional fees, continuing education, miscellaneous |
Payer mix
Typical payer distribution for podiatry practices. A balanced payer mix reduces dependency on any single source and improves revenue predictability.
Collection rates by payer
What top performers look like
Profit Margin
28%+ (APMA Practice Survey, 2024)
Collection Rate
94%+ (Podiatry Management Annual Practice Survey, 2024)
Denial Rate
< 7% (APMA Practice Survey, 2024)
A/R Days
< 25 days (Podiatry Management Annual Practice Survey, 2024)
KPIs specific to podiatry
| KPI | Benchmark | Description |
|---|---|---|
| Patients per Day | 20–30 (Podiatry Management Annual Survey, 2024) | Daily patient volume per podiatrist; higher volume compensates for lower per-visit reimbursement |
| DME Revenue as % of Total | 8–15% (APMA Practice Survey, 2024) | Revenue from durable medical equipment (orthotics, braces, shoes) relative to total |
| In-Office Surgery Rate | 20–35% (APMA Practice Survey, 2024) | Percentage of procedures performed in-office vs. ASC/hospital; improves margins |
| Diabetic Patient Panel Size | 200–400 (CMS Medicare data; APMA, 2024) | Number of active diabetic patients per provider; high-value recurring care population |
From Sorso
In the podiatry practices Sorso works with, DME capture and in-office procedure mix are the two dials that separate 15% margin practices from 25% margin practices.
Sources
- American Podiatric Medical Association (APMA) — Practice Survey (2024)
- Podiatry Management — Annual Practice Survey (2024)
- CMS Medicare data — podiatry utilization (2024)
- MGMA DataDive — Podiatry slice (2024)
Data reflects the latest available specialty association and MGMA reports through 2025; re-verified April 2026.
Founder of Sorso. 18 years in corporate finance. Managed a $450M loan portfolio before building a fractional CFO firm exclusively for healthcare clinics.
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