The PS² Blog: Expert Insights for Running a Successful Plastic Surgery Practice

What Are the Biggest Mistakes in Plastic Surgery Practice Management (and How Can You Fix Them)?
Running a successful plastic surgery practice goes beyond exceptional patient care. While surgical outcomes are critical, the business side of your practice determines long-term success. Many plastic surgeons and practice managers make avoidable mistakes that can lead to financial loss, operational inefficiencies, and poor patient experiences.

Neglecting Financial Oversight: A Costly Mistake in Private Practice
Neglecting financial oversight can be a costly mistake for practice owners. By implementing financial best practices, regularly reviewing reports, and seeking expert advice, you can safeguard your practice’s financial health and long-term success.



The Importance of Business Growth
Sustainable growth is vital for long-term viability. In an industry where trends can change rapidly, a stagnant practice risks falling behind. By focusing on growth, practices can explore new revenue streams, expand their service offerings, and ultimately provide a comprehensive suite of options to their clients. This forward-thinking approach ensures that they stay relevant and continue to meet the evolving needs of their clientele, thereby fostering loyalty and trust in an increasingly discerning market.

Growing Non-Surgical Practice
In the world of aesthetic medicine, the demand for non-surgical procedures is growing exponentially. From injectables to skin rejuvenation treatments, non-surgical options provide patients with effective, less invasive ways to achieve their aesthetic goals. For plastic surgery practices, expanding the non-surgical side of the business is not just an opportunity to meet this demand but also a strategic move to diversify revenue streams and strengthen patient loyalty.

What Is a "Group Practice"?
Understanding the federal Stark Law's definition of a "group practice" is crucial for physicians aiming to comply with regulations.

Start-Up Practice Financing
Starting your own plastic surgery practice is a big step, but the right financing can make it possible. By understanding your options, risks, and benefits, you can make informed decisions and set your practice up for success.

Recruiting Best Practices
A plastic surgery practice is only as strong as the people that make it up. Recruiting the right people is crucial to building a successful practice, but the task can be daunting. Here are five key concepts to keep in mind when starting the recruiting process:

Understanding New Jersey's Employment Relationship Laws
Navigating employment in New Jersey? Stay compliant with a variety of state-specific laws governing workplace relationships.