AMERICAN SOCIETY OF PLASTIC SURGEONS / 2015 ANNUAL REPORT

PLASTIC SURGERY PRACTICE RESOURCES (PS2)

Plastic Surgery Practice Solutions (PS2) established a Management Services Organization (MSO) to provide non-clinical practice management services to solo- and small-practice physicians. The PS2 MSO is strategically designed to reduce overhead costs through outsourcing operational services and sharing facilities, equipment and personnel.

The PS2 MSO model was designed with three goals:

The PS2 MSO model was designed with three goals:

retain independence

Keep practice’s operational autonomy.

Preserve individual identity and branding practices.

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Reduce overhead by optimizing the use of facilities, equipment and staff resources.

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Pool marketing dollars for greater market penetration and improved practice awareness.

Build relationships with a broader patient base.

Retain, take back and expand market share from non-plastic surgeons.

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improve efficiencies

INCREASE MARKET SHARE

»  Benefits of Merging into a Consolidated Group

»  Expanded infrastructure

»  Greater ability to achieve economies of scale

»  Greater ease in sharing capital equipment and other assets

»  Greater ability to sub-specialize

»  Greater leverage in payer contracting

»  Continued ability to retain individual branding

»  Scalability| Invite others into the group to create added value

A CONSOLIDATED GROUP

THE NEXT STRATEGIC STEP

Learn more about the PS2 MSO initiative. Contact Jennifer Cross, Director of Operations, ASPS, at jcross@plasticsurgery.org or 847.228.3320.

AMERICAN SOCIETY OF PLASTIC SURGEONS / 2015 ANNUAL REPORT