Banner - NPPA Connect

Practice Management

Latest News



If we do not evolve ... we will soon be an extinct species of medical practitioner, Dermatology Times Editorial Advisor says in his column this month. He shares his experience and considerations with negotiating the sale of his practice to a venture capital backed firm.

80% of practices will experience embezzlement every five years. To protect yourself, one expert advises: Avoid blind trust; rely on written checks for refunds; separate employee duties; routinely audit financial systems; and consider going cashless.

While laws vary from state to state as to who in a practice can legally operate a laser or light source or energy-based device, the responsibility often lies with the practice physician, according to Mathew M. Avram, M.D., J.D.

Collaboration with specialists in other fields can improve outcomes for patients with skin cancer, and it can be personally and professionally rewarding for the dermatologist, according to one expert.

Stand out

It’s important that cosmetic dermatologists market to promote their practices. But, today, it’s vital they market to promote the common good - of the cosmetic medicine industry, that is.

Blindspots to success

Cosmetic practices have all the bells and whistles -from new technologies to skilled practitioners. So, why are so many competing on price?

The problem in the aesthetic marketplace is everyone offers the same thing, in the same way and says the same things, says one expert.

Patient education

In our last article “Building a Patient Education Program” (May, page 82) we explored how a solid patient education program can keep patients, resources and revenue from falling through the cracks and what your practice needs to build a strong patient education program.

Revenue boosters

Dermatologists trying to boost practice revenue might add a device in hopes of making a profit on a cosmetic option or a skincare product line sold through the practice.

Glytone has released the Glytone Sunscreen Lotion Broad Specturm SPF 40 as a daily sunscreen to be used in combination with aesthetic procedures and treatments.

An increase in investigations primarily impacts surgeons and cosmetic dermatologists who serve as medical directors to medical spas outside of their own practices. This is what to know.

Zoe Diana Draelos, MD, discusses how a changing political and economic climate has transformed dermatology practices into attractive entities for venture capitalists and whether it's a good thing for the specialty.

One dermatologist discusses four tips to help practices foster strong relationships in order to run smoothly and efficiently.

Performance metrics are one way to take the guesswork out of physician group practice planning and decision making, according to one dermatologist.

One expert offers tips for dermatologists considering buying other practices or selling the practices they own