To better manage their financial operations, cosmetic surgeons should look at "everything they didn't teach you about managing money in your practices," according to practice management consultant Karen Zupco.
A change in focus dramatically increased the effect of HIPPA on practitioners who provide "elective healthcare."
Deer Valley, Utah - Cosmetic surgeons might think that patients would be less likely to sue for elective procedures. But, take it from C. Gregory Tiemeier, an attorney with Denver, Colo.-based Tiemeier & Hensen, who specializes in medical malpractice defense, commercial litigation and risk management, cosmetic surgeons are not immune and might be more at risk for getting sued than they think.
There is absolutely no way for your patients to prepare adequately or tolerate their entire plastic-surgery experience if they aren't organized. Organization is usually not one of your patients' strong traits, so I suggest you either help make it one or your staff will take the brunt of the deprivation.
Hollywood, Fla. - The real issue of medical liability reform is patient access to care -- it will not matter if you have a prescription drug benefit or if you have health insurance if you can't find a physician, said Donald J. Palmisano, M.D., J.D.
Denver - Cosmetic surgeons can learn from surgeons performing laser-assisted in situ keratomileusis (LASIK), who have found out the hard way that making claims in advertising, such as "Throw away your glasses" can come back to haunt them in court. Cosmetic surgeons can find themselves in similar situations when they mix professional credibility with slick advertising.
San Diego - With malpractice premiums rising almost exponentially for doctors in the past few years, especially in high-risk specialties, physicians are looking at ways they can protect the assets they've worked so hard to earn.
Hollywood, Fla. - At the annual American Academy of Cosmetic Surgery Scientific Meeting, certified financial planner Marc Singer lectured on how "going bare," or carrying no malpractice insurance, may well be a sound business decision - and that it's becoming a trend among physicians nationwide.
Hamilton, N.J. - Should physicians call patients after a procedure to ask how they're doing, check to see why they missed an appointment, even give them flowers?
National report - Women may dominate the personal care industry, but men now make up approximately one-fifth of this market, according to a 2002 study done by Mintel International. Men spend $12 billion annually to maintain and improve their appearance. Every year, that dollar figure increases. If you are not already addressing the male market, then you should start today, because men are hot - especially in the personal care industry.