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Over the last 10 to 20 years, the line between plastic surgery and dermatology has blurred, as residency programs in dermatology and post-residency training programs expanded the skill sets of newly trained or retrained dermatologists. These practices now engage in a variety of medical services, procedures, and surgeries that have greatly expanded their reach and revenue sources.
In Valuing Dermatology Practice, expert appraiser and curator of BVR's 2013 Online Symposium on Healthcare Valuation, Mark Dietrich, addresses what every appraiser should know when confronted with the evolution of dermatology practices, changes in the healthcare economy, and regulatory guidance.
Program Agenda
Dermatology – the new dentistry?
Combination of medical and cosmetic services is analogous to modern dental practice
Medical conditions can lead to opportunity for cosmetic services
Understanding core CPT codes that drive income and value
Use of midlevel providers can be lucrative and enhance value
Just like hygiene income drives dental value
Subspecialization
"Incident to" billing
Impact of insurer rates
Risk factors
Learning Objectives
Learn how dermatology practices are evolving to introduce new services and revenue streams
Learn how trends like subspecialization and consolidation are affecting practice values
Learn how dermatology practices bill patients and college reimbursements
Learn which risks are common for dermatology practices
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The BVR/AHLA Guide to Healthcare Valuation, Third Edition is the premier annual resource for appraisers, attorneys, and healthcare administrators involved in any healthcare valuation. Edited by renowned healthcare valuation thought leader Mark Dietrich and co-published with the American Health Lawyers Association (AHLA), this guide is an essential tool for understanding the complex relationships, changing legislation (including the Healthcare Reform Act) and other influencing factors as they relate to the value of healthcare practices and facilities.
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