Legal

Practice Management: Anatomy of a Laser Contract

Understanding the key provisions of a laser contract can help you in your purchasing decisions.
Understanding Laser Contracts

Laser treatments have become a staple of the medical aes­thetics industry. More than 2.5 million laser treatments—including laser hair removal, leg vein treatments, and ablative and nonablative skin resurfacing—were performed in 2016, according to the American Society of Plastic Surgeons (ASPS) 2016 statistics.

Legal Issues: Understanding MSOs

Management Service Organizations offer a path to nonphysician medspa ownership.
MedEsthetics May/June 2017 Legal Issues

DUE TO CORPORATE practice of medicine doctrines, in most states the owners of facilities that perform medical procedures must be either physicians or physician-owned corporations. However, there is a path to medspa ownership by which nonphysicians can manage medspas. It is called a management service organization (MSO) and, while it still relies on the participation of a physician, it allows nonphysicians to take on a very significant role in the day-to-day operations of a medical aesthetic business.

Practice Management: Top Compliance Concerns

The 10 most important compliance issues medical aesthetic providers must consider.
Legal Issues April 2017

Aesthetics is one of the fastest growing fields in medicine, fueled by the introduction of more affordable nonsurgical cosmetic procedures, such as botulinum toxins, dermal fillers and laser treatments. These noninvasive and minimally invasive procedures are often performed by—or delegated to—allied health professionals and, in some cases, estheticians.

Exit Planning

Prepare your practice in the event of catastrophe and optimize your assets in expectation of retirement.
Image: Man leaving through a door

When you graduated medical school, retirement was likely the last thing on your mind. But if you have since moved on to private practice ownership, it’s time to consider what will happen to your practice in the event of death, disability or retirement. Keep in mind, the unique nature of medical practice ownership necessitates pre-planning for both the expected and unexpected. “Succession planning is more complex in the medical field because only licensed practitioners are able to run these businesses,” says Lauren Maxie, managing attorney with NC Planning in Raleigh, North Carolina.

Social Media Policies

Creating an effective and legally enforceable social media policy for employees.
Social Media Policies

Who would you rather have working at your practice or medspa—an employee who is always sneaking onto Facebook between patients or one who uses their downtime productively? How about someone who uses Twitter to blast complaints about their team members out to the public versus an employee who brings concerns to you directly?

FDA Issues Guidance on Medical Device Cyber Security

FDA Issues Guidance on Medical Device Cyber Security

The U.S. Food and Drug Administration (FDA) has released a new draft guidance on the post-market management of medical device cyber security, a response to ever-evolving technology, and hence, increased risk of cyber breaches that could affect devices’ functionality throughout their life cycles. It complements an earlier final guidance issued in October 2014.

This new guidance outlines steps the FDA recommends manufacturers take to continually manage cyber security risks, including:

Face & Body Partners With American Med Spa Association

Face & Body Partners With American Med Spa Association

Today’s aesthetic consumers want procedures that offer visible results with minimal downtime performed in a nurturing, relaxing environment. In response, many medical and spa professionals have turned their attention to medical spas. Medical spas have experienced dramatic growth in recent years, bringing in an estimated $1.8 billion in sales in 2013, along with a highly significant 18 percent year-over-year growth, according to Marketdata Enterprises.

Alternative Therapy Hazards

Some medical boards are working to protect physicians who offer alternative therapies from federal scrutiny, but risks remain.
Alternative Therapy Hazards

According to a 2002 study from the National Institutes of Health (NIH), more than one-third of Americans have sought out some form of alternative medicine. In the medical aesthetics arena, some patients are using bioidentical hormones, human growth hormones, dietary supplements and intravenous infusions—among other nontraditional approaches—in an effort to reverse the aging process.

HIPAA and Social Media

Practitioners must take care to protect patient privacy when interacting on social media.
HIPAA and Social Media

Like millions of other businesses, medical aesthetic practices and medspas often use social media channels—such as Twitter, Facebook and Instagram—to increase brand awareness, promote new services, and strengthen the bond between providers and patrons. Unlike other service- and product-based businesses, medical practices and medspas are bound by patient privacy regulations set forth in the Health Insurance Portability and Accountability Act of 1996 (HIPAA). And it is shockingly easy for a practice to expose itself to HIPAA violations through social media activity.