Is Groupon bad for MedSpa’s?

This MedSpa in Ft. Lauderdale sold 20 units of Botox for $79, after Groupon took their cut, the Medical spa ended up getting $1.97/unit for the Botox, that is a loss of $3.28/unit (not including the time to do a consult, gloves, needles and other operating expenses). This is exactly how NOT to use Groupon for a MediSpa! Read more

Aesthetic Practice Startup Workshop

Program Summary

Presented by the IAPAM, the Aesthetic Practice Startup Workshop will prepare you for all the steps needed to add aesthetic medicine to your practice. By utilizing our facilitator’s experience, you will avoid some of the common pitfalls of the aesthetic industry.

After completing this one day session, you will also leave with a business plan for your aesthetic medicine practice. This program will cover all aspects of creating a business plan for an aesthetic medicine practice or medical spa. Here are some of the highlights: Read more

IAPAM Helps Physicians Launch Successful Medical Spas

Comprehensive clinical and business training is the best foundation upon which a successful medical spa can be launched in these difficult economic times. To provide the practical clinical and business experience needed to open a medical spa or integrate medical aesthetics into an existing practice, the IAPAM (International Association for Physicians in Aesthetic Medicine) offers the industry’s most comprehensive Aesthetic Medicine Symposium for new medispa entrants. Read more

Aesthetic Practice Startup Workshop Ensures Adding Aesthetic Medicine is a Profitable Option

The IAPAM (International Association for Physicians in Aesthetic Medicine) has developed a groundbreaking new workshop for physicians making an entry into the Aesthetic Medicine arena.  The Aesthetic Practice Startup Workshop provides participants with all the tools needed, including a customized business plan and complementary CD and print materials, to support the profitable addition of aesthetic medicine into their medical practice.

Las Vegas, NV (PRWeb), November 6, 2008 - As part of their very successful Symposium series, the IAPAM has created a one day program to help new entrants into the medispa industry navigate “the often confusing process of creating a successful business plan” for their new venture.  “This workshop is expertly designed for physicians, business managers, and key staff empowered to launch aesthetic medicine offerings within medical practices, comments Jeff Russell, Executive Director of the IAPAM.  By translating the workshop facilitator’s extensive knowledge into a suite of tools and techniques for success, registrants will learn how to avoid the most common pitfalls experienced by many new entrants in aesthetic medicine.

After completing this workshop, participants will leave with a comprehensive business plan for their aesthetic medicine practice. This program will cover all aspects of creating a business plan for a profitable medical spa, including:

•    Financing options for physicians;
•    Target demographics for tailored aesthetic procedures;
•    Developing a menu of treatments and pricing strategies;
•    Establishing aesthetic practice protocols and HR for aesthetic practitioners;
•    Creating an effective marketing plan;
•    Finding the right location;
•    Staffing;
•    Federal and state legal and regulatory issues; and
•    Startup costs and reading financials. Read more

New Report Outlines Key Legal Issues for Medical Spas and Aesthetic Medical Practices

A new IAPAM report outlines the legal implications of opening a medical spa. Medical spas require careful attention to the intersection of the corporate practice of medicine, licensing, anti-kickback and fee-splitting considerations, and other legal and regulatory issues. This report summarizes the key legal issues physicians and medical spa owners need to know.

Las Vegas, NV (PRWEB) March 20, 2008 — Both physicians who want to either open a medical spa or add aesthetic medical procedures to their existing practice, and entrepreneurs who want to either open a medical spa or incorporate aesthetic medical procedures to a wellness center, can benefit from a better understanding of some of key legal issues involved. Read more

Statistics Show Clients Choosing Medical Spas Over Plastic Surgeons

The latest statistics show 4 of the top 5 non-surgical procedures have actually dropped in 2007. Botox injections were down 12.8%, but sales of Botox Cosmetic were up 29% over the same period. Indicating people are going elsewhere for the top non-surgical procedures.

Las Vegas, NV (PRWEB) March 4, 2008 — The latest aesthetic industry statistics reveal that people are turning to physician-run practices or medical spas for their non-surgical procedures. According to an International Association for Physicians in Aesthetic Medicine (IAPAM) study, most women most feel that non-physician owned medical spas are unsafe. In addition, the IAPAM report also indicates that 78% of women rated medical credentials as very important when choosing an aesthetic treatment provider. Read more

6 Tips for Opening a Successful Physician Owned Medical Spa

With 12,000 Americans turning 50 every day, many doctors are expanding their existing practices with the addition of a Medical Spa. Since there is no shortage of Baby Boomers who want to stop the aging process, this is an excellent time for physicians to explore the Medical Spa industry.

Las Vegas, NV (PRWEB) January 29, 2008 — The International Association for Physicians in Aesthetic Medicine (IAPAM) has completed this tip guide designed to help physicians who want to either open a medical spa or add aesthetic medical procedures to their existing practice. Read more

Results of study show that people feel non-physician owned medical spas are unsafe

Summary

The results of the International Association for Physicians in Aesthetic Medicine’s (IAPAM) 2007 Aesthetic Medicine Consumer Study gives physicians an unprecedented insight to what women desire when choosing aesthetic medicine procedures. Not surprisingly, of the women surveyed, most feel that non-physician owned medical spas are unsafe. Read more