{"id":1015,"date":"2013-11-16T08:13:43","date_gmt":"2013-11-16T08:13:43","guid":{"rendered":"https:\/\/surgerytoday.com\/education\/?p=1015"},"modified":"2018-06-18T22:40:04","modified_gmt":"2018-06-18T22:40:04","slug":"my-thoughts-on-buying-a-plastic-surgery-practice","status":"publish","type":"post","link":"https:\/\/surgerytoday.com\/education\/my-thoughts-on-buying-a-plastic-surgery-practice\/","title":{"rendered":"My thoughts on buying a plastic surgery practice"},"content":{"rendered":"<p>Below is something I shared with a person who wrote me regarding finding a plastic surgeon to buy a practice. \u00a0I thought I&#8217;d just share what I wrote in this blog &#8211; not sure if it&#8217;s helpful for others or may give others some ideas &#8211; or perhaps you can contact that person for plastic surgery recruitment purposes. \u00a0In my attempt to help and share, here&#8217;s the text of my email:<\/p>\n<p><span style=\"line-height: 1.714285714; font-size: 1rem;\">&#8212;&#8211;<\/span><\/p>\n<p>Lois,<\/p>\n<p>Thanks for making contact. \u00a0I&#8217;ve been in the plastic surgery &#8220;business&#8221; with my wife for about 7+ years at this point. \u00a0I&#8217;m not sure this makes me any sort of expert, but I&#8217;m willing to try to answer your question and help.<\/p>\n<p>I know a plastic surgeon who was thinking about selling his cosmetic plastic surgery practice in Walnut Creek. He had sent us a letter with his intent to sell his practice. But it looks like you&#8217;re looking for a surgeon who wants to buy a practice. We just mailed just about all the plastic surgeons in California because we&#8217;re trying to get them to consider a <a href=\"http:\/\/www.surgical-artistry-modesto.com\/california-malpractice.htm\">Medical Malpractice Company<\/a>: <a href=\"http:\/\/www.capphysicians.com\/\">www.capphysicians.com<\/a><\/p>\n<p>My thoughts on places:<\/p>\n<p>1. Kaiser &#8211; plastic surgeons who might want to see what&#8217;s &#8220;out there&#8221;<br \/>\n2. Sutter Plastic Surgeons &#8211; who also might want to explore new avenues.<br \/>\n3. Beverly Hills plastic surgeons &#8211; so competitive there &#8211; they might want to buy another practice.<br \/>\n4. Plastic Surgeons graduating from residency (ie. Stanford Univ.) &#8211; they might have rich relatives?<\/p>\n<p>The reason plastic surgeons would want to buy another practice is to get a foothold on Cosmetic surgeries. There&#8217;s a life cycle \/ phases of a plastic surgeon&#8217;s life. It usually starts with reconstructive surgery then moves on to cosmetic surgeries. So by buying another person&#8217;s practice, one would get a better footing (faster too) into cosmetic surgery.<\/p>\n<p>With insurances getting stranger and stranger these days &#8211; I think more plastic surgeons would want to move over to a cosmetic focused practice. However, that being said, I know a bunch of plastic surgeons who love reconstructive surgery and dislike cosmetics.<\/p>\n<p>Buying a cosmetic\/plastic surgery practice, in my mind, is beneficial for buying the building, location, equipment, furniture, instruments, and perhaps reputation and possibly repeat patients if the new surgeon is introduced.<\/p>\n<p>Also from what I&#8217;ve seen, most plastic surgeons like to slowly grow their own practices; thus the era of buying medical practices is slowly going away. But I still definitely see the value of a seasoned surgeon mentoring a younger surgeon and introducing that person into the environment.<\/p>\n<p>When I was about to leave my previous general surgery practice in Modesto, CA, I was given an opportunity to join a well established general surgeon in Orange County, California. And with reimbursement arrangements, it would be similar to &#8220;buying&#8221; a practice.<br \/>\nGood luck to you! Let me know how it goes.<\/p>\n<p>&#8211; Calvin Lee<\/p>\n<p>&nbsp;<\/p>\n<p>&#8212;&#8211;Original Message&#8212;&#8211;<br \/>\nFrom: Lois Shanks [mailto:lois@lifelinecomputersolutions.com]<br \/>\nSent: Fri 11\/15\/2013 12:02 PM<br \/>\nTo: Calvin Lee<br \/>\nCc: lshanks@charter.net<br \/>\nSubject: MD Recruitment<\/p>\n<p>Dr. Lee,<\/p>\n<p>I just now read your blog and was facinated by the content. I think it is wonderful that you took the time to impart this information to others.<\/p>\n<p>I am a medical Practice Administrator and Physician Recruiter. I love what I do and I live in Medford, Oregon. I recently left my position as the Administrator of a three site Retina practice and am doing strictly MD recruitment. Could you give me a few pointers on the best places to look for a Plastic Surgeon seeking to buy a well established practice? I am on a mission because I need to fill this position by July 2014.<\/p>\n<p>Any assistance or guidance you could share would be greatly appreciated.<\/p>\n<p>Thank you very much!<\/p>\n<p>Lois Shanks<br \/>\nMD Recruiter<br \/>\nLshanks@charter.net&lt;mailto:Lshanks@charter.net&gt;<br \/>\nLShanks@Loisshanks.com&lt;mailto:LShanks@Loisshanks.com&gt;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Below is something I shared with a person who wrote me regarding finding a plastic surgeon to buy a practice. \u00a0I thought I&#8217;d just share what I wrote in this blog &#8211; not sure if it&#8217;s helpful for others or may give others some ideas &#8211; or perhaps you can contact that person for plastic [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1015","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/surgerytoday.com\/education\/wp-json\/wp\/v2\/posts\/1015","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/surgerytoday.com\/education\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/surgerytoday.com\/education\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/surgerytoday.com\/education\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/surgerytoday.com\/education\/wp-json\/wp\/v2\/comments?post=1015"}],"version-history":[{"count":2,"href":"https:\/\/surgerytoday.com\/education\/wp-json\/wp\/v2\/posts\/1015\/revisions"}],"predecessor-version":[{"id":1331,"href":"https:\/\/surgerytoday.com\/education\/wp-json\/wp\/v2\/posts\/1015\/revisions\/1331"}],"wp:attachment":[{"href":"https:\/\/surgerytoday.com\/education\/wp-json\/wp\/v2\/media?parent=1015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/surgerytoday.com\/education\/wp-json\/wp\/v2\/categories?post=1015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/surgerytoday.com\/education\/wp-json\/wp\/v2\/tags?post=1015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}