Join Plastic Surgery Practice Co-Chief Editors Alison Werner and Keri Stephens as they talk to Kerry Cahill, Esq., a lawyer at Westfield, N.J.-based Lindabury, McCormick, Estabrook & Cooper, who specializes in healthcare and frequently works with private-practice physicians. In this podcast, Cahill reveals how plastic surgery practices can maximize their profits, with regards to property leasing and/or purchasing as well as risk mitigation.
To start, Cahill shares what metrics she uses when helping clients decide whether to lease or buy a practice, as well as what pitfalls leasers, in particular, should avert. She also discloses what practice owners should know before they attempt to negotiate a lease. And for the plastic surgeons who want to buy a practice, Cahill reveals the red flags they should avoid. In other words, buyer beware.
Finally, Cahill divulges the keys to negotiating a competitive contract and why practice owners should never rush a contract and/or closing date. She also shares how often financially savvy practice owners should review their risk mitigation policies.
What is Plastic Surgery Practice?
Dive into the multifaceted world of aesthetics with a podcast that encompasses it all. From cutting-edge plastic surgery procedures and dermatological treatments to the nuances of practice management, we've got you covered. Each episode offers a blend of insights into the latest treatments, tools, and technologies, along with invaluable tips for managing and growing a thriving practice. Discover industry trends, gain insights from key decision-makers and influencers, and uncover the secrets behind the most successful practices. With a mix of clinical expertise and actionable business strategies, this podcast is a must-listen for both seasoned professionals and newcomers eager to navigate the aesthetics industry. Whether you're honing your techniques or refining your practice's operations, tap into a wealth of knowledge that propels you to the forefront of aesthetic excellence.