By: Alex Thiersch
In recent years, the medical aesthetics industry has experienced explosive growth. According to the American Society for Aesthetic Plastic Surgery (ASAPS), consumers spent more than $13.87 billion on aesthetic procedures in 2015—an all-time high. 😳
These numbers are certainly good news for you; however, such robust growth and visible success has caused regulators on both the state and federal levels to begin taking a closer look at the industry. What these regulators are finding are areas in which legalities are poorly defined, enforcement is lax, and punishment is viewed as insufficient. State regulatory agencies have traditionally been underfunded and undermanned, but they are beginning to take action to rectify these perceived oversights.
This increased scrutiny could potentially be very bad news for owners and operators of your medical aesthetics practice, if you are non-compliant. Laws are changing, enforcement is increasing, and punishments are becoming more severe. Take the time to review this guide to learn about the areas in which regulators are beginning to crack down and correct any shortcomings your practice may have as soon as possible!
