Financial Analysis of Operating a Resident Aesthetic Clinic

Area of Science:

• Medical Education
• Plastic Surgery
• Cosmetic Surgery

Background:

• Increased emphasis on cosmetic surgery training in plastic surgery residencies.
• Resident aesthetic clinics are increasingly incorporated into surgical curricula.
• Financial viability of these clinics remains understudied.

Purpose of the Study:

• To assess the financial viability of a resident aesthetic clinic.
• To provide a cost analysis of a plastic surgery resident aesthetic clinic.

Main Methods:

• Analysis of billing data from a resident aesthetic clinic over one calendar year (2018).
• Extraction of procedure type, anatomical location, charges, and supply costs.
• Financial analysis incorporating fixed and variable costs and gross revenue.

Main Results:

• 100 unique patients and 53 operations were performed.
• Procedures included facial, breast, and body contouring, plus 160 cosmetic injections.
• Gross revenue was $69,955, with a net revenue of $36,600.

Conclusions:

• The resident aesthetic clinic demonstrated financial viability.
• Institutions are encouraged to analyze the financial performance of their resident clinics.
• Cost should not impede the establishment of these essential training programs.