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100% Cosmetic in Only 3 Years — Nicholas Karter, MD (Ep. 383)

Learn how Dr. Nicholas Karter built his cosmetic practice without an existing patient pipeline.

Hello, and welcome to “Beauty and the Biz,” where we’ll discuss the business and marketing side of plastic surgery.

As always, I’m your host, Catherine Maley, author of “Your Aesthetic Practice – What Your Patients Are Saying.” and consultant to plastic surgeons, helping them get more patients and more profits.

Nicholas Karter, MD, shares his roadmap on how we went from joining a group practice to going 100% cosmetic in private practice in only 3 Years.

Indeed, joining an established medical group often sounds like a shortcut to a full cosmetic schedule.

However, what happens when that group has no cosmetic patients to send you?

In fact, that exact scenario was the starting point for Dr. Nicholas Karter.

Specifically, this Connecticut facial plastic surgeon joined an ear, nose and throat group after completing his fellowship.

Although he enjoyed group financial security, he still had to build cosmetic demand himself.

Remarkably, he achieved his goal of becoming 100% Cosmetic in Only 3 Years.

First, he rebuilt an outdated website to attract digital traffic.

Next, he personally introduced himself to local med spa owners.

Gradually, he protected more of his weekly schedule for facial plastic surgery.

In turn, one dedicated day became two full days.

Then, two days expanded into three days.

Ultimately, he dropped general ENT work, followed by insurance and reconstructive care.

⬇ CONTINUE READING BELOW ⬇

⬇️ Click below to hear “100% Cosmetic in Only 3 Years — Nicholas Karter, MD.“

Beauty and the Biz plastic surgery practice growth

In addition, during our “Beauty and the Biz” podcast conversation, we discuss key takeaways:

  • First, learn how he built a cosmetic practice inside an ENT group.

  • Second, discover why a separate location and separate branding still did not solve the underlying fit.

  • Third, explore what he learned from a business CEO before going solo.

  • Finally, understand why his new practice grew faster than he anticipated.

Currently, he wonders whether he should have left the group sooner.

However, he recognizes that he may not have been ready to run the business back then.

Indeed, if your current setup feels comfortable but keeps pulling you away from the practice you want, his experience will give you plenty to think about.

P.S. Furthermore, is your practice growing in the direction you actually want?

Therefore, order your Practice Performance Audit today so we can identify gaps and prioritize what to improve first:

Practice Performance Audit by Catherine Maley, MBA

Practice Growth Resources:

Visit Dr. Karter’s Website

👁 DON’T MISS THESE EPISODES 👁

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#coordinatortraining #howtogetmorepatients #convertmoreconsultations

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Catherine Maley

BEAUTY AND THE BIZ

Beauty and the Biz is for Plastic Surgeons who know they don’t know everything and are open to discovering the pearls to grow and scale a sellable asset when they’re ready to exit.

Listen in as Catherine interviews surgeons who talk about the business and marketing side of plastic surgery and listen to Catherine’s pearls from consulting with plastic surgeons since Year 2000.

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TESTIMONIALS

Rated 5 out of 5
"Catherine outlined a plan that put key metrics in place, gave us a clear plan to follow throughout the year and trained our staff to increase their conversions by at least 10%. Since engaging with Catherine, I’m happy to report that revenues are up 15% over the last three months - 22% in the last month alone! I highly recommend Catherine’s consulting services to any practice looking for “best practice” additions to their operation."
Robert Sigal, MD
Robert Sigal, MD
"I have finally tapped into the most efficient way to grow my cosmetic practice and that is to “fish in the pond of my own patients”. When patients return to my practice, over 85% will purchase another service, product, or procedure. Not only was it worth over $200,000 in revenues this past year, it also reminds my patients I’m still around so they don’t wander off to my competitors. Catherine’s group has far exceeded our expectations and goals we had set up for them to achieve."
Victor Ferrari, MD
Victor Ferrari, MD
"Our consult conversions were running at 40-50%. Then we attended Catherine’s online training and implemented her strategies. They immediately increased conversion rates to 75-80%."
Anthony Corrado, MD
Anthony Corrado, MD
"I know how to run a profitable practice; however, it was not without major staff issues, inefficiencies and unproductive drama. With Catherine's guidance, I reorganized staff, set up processes for them to carry more of the workload and hold them accountable so I have more time to focus on patient care. The changes we put in place and the staff training to convert more callers and consultations will easily increase my revenues by 15% as well as save us time, money and costly mistakes. "
Evan Sorokin, MD
Evan Sorokin, MD
"Working with Catherine and her team has been very profitable. We’re only half way through the year and I’m up $200K and I’m booked out for the next 2 months even though we typically go into our slow summer months now. Her recent promotion brought in an extra $63,782 with more surgeries scheduled. I never realized how much money was sitting in my patient list but I’m a believer now!"
Robert Langdon, MD
Robert Langdon, MD
"Catherine Maley has one of the best Marketing Minds in the aesthetic industry, bar none. She understands the aesthetic patient and she also understands the challenges and frustrations we face as aesthetic surgeons. You will benefit from Catherine's tools whether you are new in practice or a seasoned professional.Turn to Catherine for guidance - she knows what she's talking about."
Edwin Williams, MD
Edwin Williams, MD
“Catherine’s Cosmetic Patient Marketing Service has been a great addition to our practice-building overall plan. While we still invest in our online presence, we also found immense value in the internal marketing efforts. We especially like that all results are tracked so we know we are getting a great return ... last year it was 1,148% and no staff time was used. That’s a much easier way to grow my cosmetic practice.”
Mark Mason, MD
Mark Mason, MD
"Catherine Maley turned our practice around. We converted more consultations in one week than we did in an entire month. Our practice went from a painful 50% no show rate to a remarkable 85% show rate. Even more impressive was our close ratio - from 35% to 80% and still increasing. We would recommend her to any practice that’s looking to not only increase their profits today, but sustain a healthy flow of income for many years to come. Thanks Catherine!"
Sam Assassa, MD
Sam Assassa, MD
"Catherine found me the best patient care coordinator I could have asked for. She worked out a payment plan that was fair to me and motivating to my coordinator. She also provided training tools to help my coordinator convert better, even though she was already experienced. The results have been phenomenal. So good, in fact, that my income increased 250% and I’m booked out for 3 months. Don’t waste any more time or money doing it yourself. Outsource to someone you trust!"
Andrew Lofman, MD
Andrew Lofman, MD
"Since we’ve been working with Catherine and her team for the past 5 months, we’ve brought in $79K in surgeries and have booked an additional 17 surgical procedures and 20 non-invasive body procedures since then. This does not include the additional new patient referrals and revenues we are seeing from the on-going nurturing of my current patient database."
Verne Weisberg, MD
Verne Weisberg, MD
"I had given my staff the goal to convert at least $35K per week in surgeries AND I gave them the tools to help which was Catherine’s Online Learning Center at More Patients Academy. They watched Catherine’s modules and implemented her strategies and converted $80K! That equaled a 2,550% ROI. Nice!"
Adam Stein, MD
Adam Stein, MD
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