CNY Business Journal (1996+), Oct 27, 2006 by Acton, Ryann
SKANEATELES – Victory Sports Medicine & Orthopedics located at 791 W. Genesee St. in the town of Skaneateles is expanding its services and facilities.
The expansion is part of Dr. Marc Pietropaoli’s plan to offer comprehensive patient-care in one facility. Victory Sports Medicine & Orthopedics offers musculoskeletal and sports health-care services.
Patients include high-school and college athletes, minorleague professional baseball players from the Auburn DoubleDays, and professional athletes from the National Football League and Major League Baseball. Victory Sports Medicine & Orthopedics also treats nonathletes.
In addition to orthopedic care, Victory Sports Medicine & Orthopedics now offers physical-therapy services. Pietropaoli, the practice’s sole owner and orthopedic surgeon, hired Dale Buchberger as the director of physical therapy.
Pietropaoli adapted the comprehensive model from the American Sports Medicine Institute in Birmingham, Ala., where he completed a one-year, sports-medicine fellowship under Dr. James Andrews, a sports-medicine physician that has treated and operated on many of the world’s most famous professional athletes. The model provided patients with continuity throughout the entire diagnosis, treatment, and recovery processes, Pietropaoli says.
John Henry, Jr., practice administrator, says the expansion of services allows Victory Sports Medicine & Orthopedics to be a one-stop-shop for patients.
The practice employs 15 full- and part-time employees. Henry plans to hire two additional employees to assist with billing, transcription, administrative work, and reception.
Common ailments that send patients to Victory Sports Medicine & Orthopedics for treatment are shoulder, ankle, and knee injuries as well as arthritis. Victory Sports Medicine & Orthopedics also handles worker’s compensation cases. In 2005, the health-care facility treated 11,000 patients, Pietropaoli says. He anticipates the same patient volume this year.
Since opening in 2001, Victory Sports Medicine & Orthopedics’ revenue continues to grow 5 percent to 20 percent annually, Pietropaoli says. He declines to disclose annual revenue figures.
To accommodate the physical-therapy services, Victory Sports Medicine & Orthopedics more than doubled its physical space from 2,400 square feet to 4,900 square feet. Skaneateles-based Riser Construction is renovating the new space, which was the former location of Waffleworks Restaurant. Renovation and equipment costs reached $50,000, Henry say . He declines to disclose how it was financed.
Pietropaoli says he leases the facility from Victor Ianno, and currently has one more year left on the lease with an option to renew. However, Pietropaoli hopes to either purchase the building from Ianno, or find a larger facility to buy for relocation. The building’s total square footage is 15,000 square feet and is also home to Urgent Medical Care of Skaneateles.
If Pietropaoli does purchase the cur-rent facility from Ianno, he plans to add 4,000 square feet. Pietropaoli says he has to wait for Ianno, to buy another building before he will sell based on a 1031 exchange