2019 was an exciting year for body sculpting, a time focused on selfies and social media and a year of cosmetic self-reflection, driven by the controversy around buttock augmentation and the breast implant recall. So, what will 2020 bring? We asked aesthetic physicians and surgeons to share their thoughts on this past year’s highlights and what’s to come. Here’s what they had to say.
Did the year run out faster than you expected and now you’re behind in the numbers you forecasted? Perhaps you had a slow summer and Fall didn’t pick up like it usually does, or pick up enough to get you back on track. Maybe your key revenue-generating staff member left and took some of your patients with them!
Do you realize that, after the recent tax reform – between income, capital gains, Medicare, self-employment and other taxes – some physicians may still be facing marginal tax rates in excess of 50%? How many months are you working for the government before you start earning money for yourself? And, if you are like many physicians, you get very few tax planning ideas from your advisors.
Jean Carruthers, MD, FRCSC, FRC(OPHTH), remembers the ‘A-ha!’ moment when she realized that neuromodulators could transform cosmetic medicine. It was the 1980s, and Dr. Carruthers wasn’t a cosmetic physician.
In the last several years, and particularly with the proliferation of plastic surgery imagery and the impact of social media influencers, gluteal shaping has become a topic of great interest to consumers, and procedures for gluteal enhancement have become all the buzz.