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Anonymous
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ASP is actually around $3600. We may be an anomaly, but I'd be hard pressed to complain. And we don't pile on, hate guys that do that crap, gives us all a bad name.
Actually, yes, OrthoHelix is current technology, and most of the aging plate line is what the competitors are knocking off. (Read: Arthrex, WMT, Stryker, Synthes) Thank you for confirming my previous post, you upper guys just don't get what we do, don't care to get what we do and will always look down on what we do.
When the acquisition happened most of you thought you would just take over the business and reap additional revenues. I get the bitterness and entitlement because you can sit around all day to do a couple rotator cuffs or better yet fix carpal tunnels waiting for the shoulders and elbows to come through the door. The point is, every specialty has cases that bill out for shit, and hallux valgus actually goes for between $2K and $4K per case depending on location and contracts. How is that capitated joint pricing treat you for the shoulder?
In all actuality, the easiest case is a TAR. Get the pins placed right for the jig, and away you go. How many TAR's take place annually? If you live in the real world, you understand not a lot, if you work for WMT a hundred and fifty billion per year or 240,000/day. Just ask Kim, she can tell you. Can you make a living off just those in the real world? No.
And since we are bringing up calculations, it's probably best not to assume that I don't sell a great deal of F&A product, so odds are, I have done the calculations, and know exactly what my time is worth and I'm still here doing it, so I don't think that's the problem.
The point is, a guys asked about F&A, and all I read on this board is snobby remarks about the dumb asses chasing bunion screws for OrthoHelix and how this product is bringing down Tornier. I wanted to chime in and let him know that if you are good, you can make very good money doing this.
To some degree, other posters are right with previous M&A, the Nexfix product is outdated tech, and was product no one used, even when it was new. I don't think you will find a single OHelix guy that was psyched to now have access to the snap off screws, the RFS and silicone toes. Yippeee!!
However, OrthoHelix is a very solid line, with some really good reps/agents/people that can help add to or change some of the culture within the MN HQ. By all accounts on this board, that is a good thing. I'd urge you to actually look at the line, figure out what the commission rates are, and run the numbers. Don't make gross generalizations based on what you have heard, do the research and figure it out yourself.
Actually, yes, OrthoHelix is current technology, and most of the aging plate line is what the competitors are knocking off. (Read: Arthrex, WMT, Stryker, Synthes)
The point is, a guys asked about F&A, and all I read on this board is snobby remarks about the dumb asses chasing bunion screws for OrthoHelix and how this product is bringing down Tornier. I wanted to chime in and let him know that if you are good, you can make very good money doing this.
However, OrthoHelix is a very solid line, with some really good reps/agents/people that can help add to or change some of the culture within the MN HQ. By all accounts on this board, that is a good thing. I'd urge you to actually look at the line, figure out what the commission rates are, and run the numbers. Don't make gross generalizations based on what you have heard, do the research and figure it out yourself.
Ok kiddo's here is a comparison for ya: (Hummer vs SL500)
(Hummer)& total joint arthroplasty
Average 8 pans of instruments and 3large shipping boxes with implants and RV
Total hip arthroplasty$4400.00 x8%=$352.00comm
Total knee arthroplasty$3200.00x8%=$256.00comm.
Podiatry (SL500)
Podiatrist -Lapidus open wedge osteotomy with allograft
Locking plate w/screws $2300.00 x.25%=$575.00
Allograft bone wedge $$1500.00x.25%= $375.00
Total$950.00comm. One pan of instruments
No RV NEEDED
Ankle fusion-3x 6.5 cann. Screw @$380.00 each =$1140.00x.25%=$285.00
Plus DBMS @ $800.00 x.25%=$200.00
Total $485.00 comm. one pan of inst/plants
No RV need to haul your equipment.
Just a small comparison. Math may be a little off but it's very close. keep your pans and implant bins,CART and RV. Its an ego thing right? Mean while I reach over into the passenger seat of my SL500 and head into a "den of podiatry"???
Have a great New Year Folks. Thought I'd livin this place up a bit !!!!
You, my friend, are in the right place at the right time!
The average POD case bills out for around $1,000. You make 15% of that, or $150, less 30% income tax is $105, less $20 gas to run the trays there the day before and sit for the case, is $85, average time spent is 4 hours which includes canceled cases, total set up time and waiting for those high powered podiatrists to show up on time, which is $21.25 per hour. Babysitters make more than this. Do you have a college degree? We are talking about $44,200 per year.
Go dude! Go!!! Get pumped!!!
For you guys who make this your desired living, start by demanding 30% commission, because Denny is a fat cat that could easily stand to lose some weight.
Have never seen a rep who calls on podiatrists driving an SL500. You are high. Happy New
Year.
This guy sounds like one of the new DPs. He probably does make 25% because he is the rep/distributor commonly associated with small case stuff (non arthroplasty). Doubt he has any reps other than some 1099 guys that he has a loose association with... to satisfy the territory coverage, or the appearance there of. These types are common. They work out of their trunks, have no organization to speak of, and are ALWAYS looking for the next line to get. Did I mention, they generally have other lines that overlap and compete against each other. It is funny how some get away with it at TRNX and some don't.
I lost my distributorship this year. I am not sad to have lost it as I see what is happening now. I was able to recover with a new line and I will do my best to convert and satisfy the needs of my surgeons. In all honesty, surgeon relationships are the real key to success. Product is specific to the consultants, not the average Joe surgeon which makes up most of my business and stayed with me through this change.
Best wishes to all.
Ummm....
Yes, I have a college degree, a couple of them actually.
Why do we still need those? Do we need that for a resume for the next job? If you do, I suggest you reevaluate how truly awesome you are dude, because I sure as hell don't.
Again, some of you clowns don't get it, the avg DPM case does not bill out for $1000. I just told you we did an ASP of closer to $3600. No one wants to recognize that fact, is it because it hits a little to close to home, does that look like your capitated joint pricing?
Go dude!! Go!! Get pumped!! Your margins are being compressed and you will continue to get squeezed, best of luck to you, but drop the pompous asshole attitude. Just because you sling joints doesn't make you awesome bro.
Ummm....
Yes, I have a college degree, a couple of them actually.
Why do we still need those? Do we need that for a resume for the next job? If you do, I suggest you reevaluate how truly awesome you are dude, because I sure as hell don't.
Again, some of you clowns don't get it, the avg DPM case does not bill out for $1000. I just told you we did an ASP of closer to $3600. No one wants to recognize that fact, is it because it hits a little to close to home, does that look like your capitated joint pricing?
Go dude!! Go!! Get pumped!! Your margins are being compressed and you will continue to get squeezed, best of luck to you, but drop the pompous asshole attitude. Just because you sling joints doesn't make you awesome bro.