business

Orthopedic surgeon keeps homes environmentally sound

A New York physician's environmental testing company finds hidden mold and detects lead-based paint.

By Victoria Stagg Elliott — Posted Aug. 2, 2010

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Making sidelines pay

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Doctors who branched out beyond running their practice tell why they did it, how they did it, and what you should know before you do it.
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Name: Rudolph F. Taddonio, MD

Specialty: Orthopedic surgery, focusing on disorders of the spine.

Location: His practice, Scoliosis and Spinal Surgery, has offices in White Plains, N.Y., and Stamford, Conn.

Company: RTK Environmental Group (link). The company inspects homes in the northeastern United States for various environmental contaminants and carries out energy and sustainability audits. Dr. Taddonio is part-owner.

Annual revenue: According to Dr. Taddonio, the company had more than $1 million in sales in 2009 and is on track to make $1.6 million in sales this year.

Why he started the business: Dr. Taddonio launched RTK in 1995, primarily to carry out testing for lead in paint. It took about a decade to start generating revenue, and the company gradually has expanded to provide testing for mold and asbestos, as well as assessments of how energy efficient or "green" a residence is.

"I thought it was a good business. I had good people working for me and working with me. I just stuck with it," Dr. Taddonio said.

He spends much of his time with his practice but meets several times a week with RTK staff to work on that business.

"This works another side of my brain that's a little more creative," Dr. Taddonio said.

Why he keeps practicing: "Medicine is my love. I love interacting with patients. I do very complex scoliosis surgeries. It's very, very rewarding. I don't think I will ever give it up."

Words of wisdom: RTK has a full-time CEO, and Dr. Taddonio said, "If you're not going to run the business full time, you have got to get someone who has a stake in the game to do it full time. We both have to be working well together as a team to solve problems."

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