MEET THOUSANDS OF DOCTORS, GUEST SPEAKERS, EXHIBITORS, AND KEY MEMBERS OF THE INDUSTRY AT THE:

 

14th Annual International Congress on Anti-Aging Medicine and Regenerative Biomedical Technologies

 

The Venetian

Las Vegas, NV

December 7-10, 2006

 

14th Annual International Congress on Anti-Aging Medicine and Regenerative Biomedical Technologies 2006 is the largest and most influential academic and industry event worldwide in the space of preventative medicine and bio-medical technologies. This is the "place to be" center point for the real players in this, the next great primary care medical specialty. We invite you to attend and make your mark in the fastest growing new medical specialty, among the most influential physicians, scientists, educators, industrialists, investment bankers and journalists from around the world. 

 

Don't miss Cheryl Whitman medical spa expert and CEO of Beautiful Forever Medical Spa Business Consulting, as she speaks on The Future of Medical Spas, on December 7th, 2006 at 4pm-4:30pm.  Data and information regarding demographics, and market projections will be presented as well as an overview of the medical spa of yesterday, today and tomorrow.

 

If you are interested in meeting Cheryl Whitman in Las Vegas please contact our corporate office at 201-541-5405 to set up an appointment.  

 

For more information visit: www.worldhealth.net/event/


 

AMERICAN SOCIETY OF PLASTIC SURGEONS OFFERS MEMBERS MEDICAL SPA SUCCESS SYSTEM PUBLISHED BY BEAUTIFUL FOREVER MEDICAL SPA BUSINESS CONSULTING FIRM

 

October 2, 2006 -- Beautiful Forever Medical Spa Consulting Firm today announced that the American Society of Plastic SurgeonsŪ (ASPSŪ) now offers the Beautiful Forever Medical Spa Success System (MSSS) to its members. This is the only medical spa manual currently being offered by the ASPS.

The Beautiful Forever Medical Spa Success System is an amazing educational tool that provides a do-it-yourself business supported approach to creating and/or expanding a successful medical spa. It is available for both ASPS members and non-members at www.MedicalSpaSuccess.com.

Cheryl Whitman, president of Beautiful Forever, says, "We are very proud that the American Society of Plastic Surgeons now offers the Beautiful Forever Medical Spa Success System to its members at a special rate on their website. We have received amazing feedback from the physicians who have used our educational system since it was first launched last year, and we are excited to extend this proven success system to ASPS members."


 

IS A DOCTOR NEEDED IN THE HOUSE?

 

October 6, 2006

 

An expert evaluates the nationwide trend toward requiring on-site supervision by physicians in medical spas

 

You have seen the horror stories reported on the nightly news. Yet another unwitting patient who sought aesthetic enhancements has been scarred for life at a medical spa because there was no physician on site. Is this a 6 o'clock news scare to boost ratings or something of genuine concern?

 

The verdict is still out. However, this real or perceived threat to patient safety has spurred a nationwide legislative groundswell. State legislatures are moving briskly to enact laws to protect their citizens from medical spas that do not have a physician on site to oversee training, procedures, and treatments.

 

Are the states going too far? Well, it depends. Every state has laws and requirements covering the use of laser and other light-based devices. What is different now is that states that have been historically more lenient than others are now enacting stricter laws governing the use of these devices.

 

According to physician-attorney David J. Goldberg MD, JD, an expert in the legal aspects of the medical-spa industry, the laws "are not just confusing, but they are often changing." An article by Goldberg that explores legalities concerning physician extenders in plastic surgery practices will appear in the November issue of PSP. He will describe actions taken in recent years by medical boards and state governments in New Jersey, Florida, and California.

 

What's the Solution?  

For medical spas to be successful and in line with regulations, they should be owned or overseen by physicians. This is important, because physicians have the training to supervise staff on all procedures. This increases patient safety and reduces possibilities for medical error.

 

Hannelore R. Leavy, founder and executive director of the International Medical Spa Association, says, "There are many medical spas operating throughout the United States whose medical director is not necessarily an MD. A medical doctor overseeing the proper protocol and training at several locations, as long as they are within reach during hours of operation, is perfectly acceptable."

 

By having a physician to oversee the medical spa, she continues, "Licensed health care professionals, as well as properly trained aestheticians and other therapists, can perform many of the noninvasive medical-spa treatments.

 

"Ownership should not be solely by medical doctors but should be open to entrepreneurs and spa owners working with the medical profession in unison for their patients' welfare, well-being, health, and beauty. By involving all industry components, only then can we move forward to combine medicine and spa to help improve the quality of the patients who are living and staying active and healthy longer than any generation before us."

 

Beauty or Medical Treatment?

How you define your treatments--as beauty enhancements or medical necessities--determines your vulnerability to state laws. As you know, there is a plethora of "boards" that oversee both the beauty and medical industries.

 

For example, a state board of cosmetology may oversee aestheticians in the spa environment. Different boards govern different types of medical-spa-based treatments and delineate who can provide or administer treatments and in which settings.

Be sure you take the time to analyze each treatment you offer to ensure that it complies with the rules of the appropriate state boards. In addition, it is important to evaluate your malpractice coverage and make sure that each treatment option offered is covered under your policy.

 

The Bottom Line
In the words of Abraham Lincoln, "Public opinion in this country is everything."1 Embrace a business philosophy of keeping patients' and the public's concerns at the top of your business priorities. When safety and patient satisfaction are your ultimate business goal, you can avoid unnecessary regulatory intervention in your business practices.

 

Plan, be responsive to the marketplace, be mindful of the government's quest to increase patient safety, reduce medical errors, and maintain a business venture that is strong on ethics. The laws are increasingly becoming more protective of the patient, and you can expect that trend to continue in the next 5 to 10 years.


PHYSICIANS MUST MASTER CLINICAL CROSS SELLING FOR SUCCESS IN MEDICAL SPAS

 

Allured by the growth and demand of the aesthetic market, many physicians are opening med spas to expand their practices. But this move isn't as easy as it seems. In fact, it will challenge you in many ways. Physicians, not necessarily known for their business skills, will have to take on the role of a sales person--a position few doctors envy and enjoy.

 

Nevertheless, creating a successful med spa will depend on your ability to sell multiple aesthetic procedures. So if you're considering this move, you need to embrace the role of physician-retailer and master the art of clinical cross selling. 

 

A New Role

Clinical cross selling is using the sale of one clinical service to lead to the sale of other clinical services. For example, I may advise a patient who comes in for a photofacial to buy sunblock and anti-aging creams from my product line.

 

"Selling" clinical services and products is unfamiliar and contrary to historical medical practice. Could you imagine seeing your cardiologist for a check-up and being asked if you'd like to buy a cardiac angiogram to go with a new anti-hypertensive medicine? Or what would you do if your family doctor gave your routine blood results with a solicitation to buy an abdominal CT scan? Physicians in these specialties would never cross sell. 

 

But that's exactly what you have to do in a medical spa setting. Your patients, who may just know about fillers, also may benefit from laser treatment and photodynamic therapies.1 It's your job to present them with all these options. For many physicians, this is uncomfortable territory. But with practice and an open mind, you can master these sales skills, while keeping your patients looking their best. 

 

The Value of Consultation

It's important to understand the power of the aesthetic consultation. This exchange offers the greatest potential for generating revenue. At this point, you uncover the patient's true desires and your place in fulfilling them.

 

Connecting on a personal level requires actively listening to your patients to learn what they want and need. I usually spend 10 minutes taking a medical, cosmetic and social history. Answers to my questions not only guide my medical therapy, but they also help me form a connection between cosmetic therapy and the important personal issues in my patients' lives.

If a patient has concerns about her wrinkles, I will ask what she doesn't like about them. I may have her take a stylus and show me exactly what she sees in the mirror. As she wrinkles her forehead, I can point out the difference between the dynamic and static components of the wrinkle. Then, while she's still observing her face in the mirror, I can ask her if there are other things she'd like to change about her appearance.

 

During this part of the consultation, I listen and note everything the patient has mentioned to create a strategy for meeting her needs. 

 

Roadmap for Success

After you've noted all her aesthetic concerns, you should be ready to construct a wish list. For this part of the process, I may take a picture of her face, print it out and circle the areas of concern. Then I number each "problem" area. On the back of the paper, I fill in the procedure for the corresponding number. Next to the number, I write down the date of the consultation and the timeframe for treatment. 

 

At this point, I have four columns: One column represents the numbers of circled areas. Another represents the aesthetic procedure. The other shows the price, and the fourth represents the dates for the procedures I recommend. I also add the total price at the end of the third column. I hand the paper back to her and continue to build rapport. A wish list cuts through the confusion and a timeline allows patients to set clear goals. In addition, it provides a clear map for return business.

 

Many physicians, fearing a reaction of sticker shock, drop the ball and even apologize about the price of their procedures. Realize that it's natural for most patients to ask for a discount. Be prepared with standard responses. Perhaps you can suggest paying upfront and saving 10 percent. Alternatively, you can divide procedures over time. That way, a $3,500 procedure is divided into three payments of approximately $1,200.

 

If money is still a concern, you can offer easier payment plans through a patient financing company. These plans allow people to spread payments over the long-term, which cuts their monthly payment significantly. 

 

To effectively cross sell procedures, clinicians must reject their traditional medicine biases. Patients want to look good. And we have the skills and knowledge to deliver these results. First, though, we have to sell it.


BREAKING NEWS! 

 

Reach thousands of industry entrepreneurs with your results-oriented listing in Beautiful Forever's Business Opportunities newsletter. Your listing will reach qualified leads and medical spa business decision makers. Get your business opportunities in front of the target audience most likely to act without delay on your medical spa business opportunity. For information, contact info@medicalspaconsultant.com.
 


PALOMAR MOVES FORWARD TO NEXT PHASE WITH GILLETTE FOR HOME USE LIGHT-BASED HAIR REMOVAL DEVICE

10/1/2006

 

Palomar Medical Technologies, Inc., a leading researcher and developer of light-based systems for cosmetic treatments, today announced that it will move forward to the next phase with The Gillette Company, part of The Procter & Gamble Company, under the Development and License Agreement executed by Palomar and Gillette in February 2003. With this decision, the development of a new, patented, home use, light-based hair removal device for women moves into the next phase. 

 

Commenting on the achievement, Palomar Chief Executive Officer Joseph P. Caruso said, "After three years of successful development, we are extremely pleased to receive this decision from Gillette. This is a significant milestone in our agreement with Gillette and is in line with our targeted timeframe. Professional light-based hair removal treatments are among the most popular cosmetic treatments offered today with millions of treatments performed each year. However, years ago, we recognized that if light-based hair removal could be brought into the home, the market opportunity would be vastly larger and would further increase professional system sales by increasing consumer awareness. With that in mind, we invested significant resources in research, development and patent protection to make this a reality and ensure that Palomar would be both the first to the marketplace and the leader with this innovative technology. Our relationship with Gillette provides us with the world class manufacturing, marketing, and distribution expertise to address this high-potential market. We are fortunate to have developed this technology in close cooperation with Gillette." 

 

Within thirty days of Palomar receiving a 510(k) over-the-counter (OTC) clearance from the United States Food and Drug Administration (FDA), Gillette will make a development completion payment to Palomar of $2.5 million. OTC clearance allows products to be marketed and sold directly to consumers without a prescription in the United States.

For more information, please see the Development and License Agreement filed as Exhibit 10-1 to a Current Report on Form 8-K filed February 19, 2003.


NOEVIR DISCOVERS LEAF EXTRACT EFFECTIVE FOR WRINKLES

10/1/06 

 

Noevir Co., Ltd., in collaboration with Kyushu University and Chigan Mai University in Thailand, has discovered that extract of Duabanga (scientific name: Duabanga grandiflora), a tropical leaf, induces the production of type III collagen and as a result improves wrinkles.

A significant improvement in the growth of type III collagen was noted during the study. Thorough research unveiled Eugeniin, a component of tannin, as the core stimulator.

Going forward, the company plans to release anti-wrinkle cosmetics. Noevir is filing patent application for the finding, which will be reported at the 53rd meeting of the Japanese Society of Pharmacognosy from September 29-30.


ALLERGAN, INC. ANNOUNCES LAUNCH OF JUVEDERM ULTRA AND JUVEDERM ULTRA PLUS

Sep 26, 2006

 

Allergan, Inc. the maker of BOTOX(R) Cosmetic (Botulinum Toxin Type A), today announced it is launching its 'next-generation' hyaluronic acid dermal filler products, JUVEDERM(TM) ULTRA and JUVEDERM(TM) ULTRA PLUS, through an experience trial involving a group of physicians with expertise in facial aesthetics, in advance of nationwide product availability in January 2007. Allergan will begin accepting physician pre-orders for the products on November 1, 2006 via its nationwide sales force.

 

"We are pleased to announce the availability of JUVEDERM(TM) ULTRA and as they join BOTOX(R) Cosmetic and our physician-dispensed skincare treatments in Allergan's facial aesthetics portfolio," said Robert Grant, Allergan Corporate Vice President and President of Inamed, a division of Allergan. "We believe the unique scientific benefits of UVEDERM(TM); along with its technologically advanced smooth formulation will establish the brand as a leader alongside BOTOX(R) Cosmetic in Allergan's Total Facial Rejuvenation(TM) offering."

 

The JUVEDERM(TM) experience trial is a multi-center, open-label trial, designed to gain relevant information on physicians' use of JUVEDERM(TM) ULTRA and evaluate the persistence of and patient satisfaction with the products in daily clinical practice.

 "Many physicians have been awaiting the availability of the JUVEDERM(TM) family of dermal fillers," continued Mr. Grant. "As a market leader devoted to the Science of Facial Aesthetics(TM), it is our responsibility to provide our customers with the appropriate scientific and clinical information on the product to ensure optimal patient outcomes." 

 

Pricing of both products will be announced to physicians via the Allergan sales force starting November 1, 2006. 

 

The U.S. Food and Drug Administration approved the JUVEDERM(TM) dermal filler family of products in June 2006. JUVEDERM(TM) ULTRA is a highly cross-linked formulation for more versatility in contouring and volumizing of facial wrinkles and folds; JUVEDERM(TM) ULTRA PLUS is a more highly cross-linked robust formulation for volumizing and correction of deeper folds and wrinkles. Both products provide a smooth, long-lasting correction.

 

These unique attributes provide optimal results with a single treatment in the majority of patients and deliver sustained results for up to six months or longer. Like BOTOX(R) Cosmetic, JUVEDERM(TM) dermal fillers should only be administered by a trained and qualified health care provider.

 


A QUICK GLANCE AT:

THE 2005 GLOBAL AESTHETIC MARKET EXECUTIVE SUMMARY

July 2006

 

In 2005, the market for aesthetic procedures continued to expand, seemingly with no end in sight. Aside from ongoing demographic drivers, including a large population of aging baby boomers, continued strong consumer spending and the introduction of increasingly efficacious procedures that offer better results with minimal downtime, growth is now also being fueled by rising consumer awareness of aesthetic treatments, combination therapies and mainstreaming of aesthetic procedures.

 

Light-based treatments remain mainstays of medical aesthetic practices. Botox is also used frequently. Dermal filler usage is comparable. Microdermabrasion, chemical peels and particularly emerging skin rejuvenation treatments are also rising. The single largest market segment, however, remains anti-aging topicals. In 2005, sales of all brands through all outlets accounted for $5.6 billion. This will grow to more than $9.5 billion in 2010.


 

 

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