With the high burnout and ever-decreasing reimbursement rates, more and more physicians are looking beyond their core clinical roles for their practice growth. Some of them become medical directors for Med Spas in the last few years for a monthly fee of $3,000 – $6,000 depending on the level of involvement. Amongst them, a small proportion even becomes the sole owner or co-owner of the Med Spa itself. Most of those who made the plunge were inspired by the following “claims” from sources like https://www.americanspa.com/. “The average medical spa brings in $1 million per year according to the AmSpa 2019 Medical Spa State of the Industry Report, and top practices can approach $4–$5 million.” “Data estimates that
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