Why you would need to develop a financial pro forma
May 12th 2020A financial pro forma is a set of financial projections used by the practice to help potential investors or creditors anticipate the financial results of the practice based on a set of assumptions. Todd Petersen shares how you put one together and whose expertise you need.
COVID-19: Alleviating team safety concerns and communicating to patients
May 12th 2020As states begin to reopen-and patients return to healthcare providers-you, your team and your patients likely have a lot of questions regarding what the post-COVID-19 healthcare experience will be like. You can take these steps to alleviate team safety concerns and communicate safety changes to patients.
How to adapt your practice amid the coronavirus crisis
April 20th 2020The coronavirus has created a challenging environment for all dermatology practices. Todd Petersen, CEO of VitalSkin Dermatology, discusses how to make the most of a bad situation by using telemedicine, making plans to reopen and performing a strategic review of your practice.
Selling your practice: Understand the financial, legal implications
March 16th 2020Todd Petersen, CEO of VitalSkin Dermatology, offers more insight into the legal and financial implications of selling your dermatology practice. In this article, he explains various types of sales structures and highlights tax considerations to keep in mind.