Opening a Practice Shortly After Dermatology Training
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Owning and operating a solo dermatology practice may seem like a business model going the way of the dinosaur, especially with the growing trend of private equity ownership. Yet one early-career dermatologist is embracing practice ownership, and finding a way to open a practice shortly after completing dermatology training.
[caption id="attachment_12710" align="alignleft" width="300"] Photo cou …
Owning and operating a solo dermatology practice may seem like a business model going the way of the dinosaur, especially with the growing trend of private equity ownership. Yet one early-career dermatologist is embracing practice ownership, and finding a way to open a practice shortly after completing dermatology training.
[caption id="attachment_12710" align="alignleft" width="300"] Photo cou … Continue reading "Opening a Practice Shortly After Dermatology Training"
I was a solo dermatologist for 25 years, happily practicing for the first 10 or 15 years. Then I became burnt out from the loss of autonomy and authority that has plagued the specialty as of late. Government regulations have usurped our autonomy by requiring compliance with certain guidelines and use of an EHR. Payers have usurped our authority when, to quote my colleague Dr. Neal Bhatia, “The p …
I am pleased to publish my second delivery in this 2-part series, offering our perspectives on private equity (PE) to residents and early career dermatologists reading Next Steps in Derm. In part 1 of my series, I provided an overview of the PE landscape in dermatology along with five out of ten concerns about PE-backed models. Herein, I will highlight the remaining 5 concerns about PE-backed mode …
Next Steps in Derm is published by SanovaWorks.
Private equity (PE) is one of the hottest topics in dermatology right now. I knew nothing about PE during my residency and fellowship training. I entertained the possibility of working for a PE-backed group after my fellowship training and even shortly thereafter. However, after talking to many colleagues, I saw the light and walked away from the …