Advanced Practice Management Symposium: Medical Spa Finances
Chicago, IL
August 19 - 20, 2023 Register Today!
-
Overview
-
What You Will Learn
-
More Info
-
Pricing
-
Venue
-
Agenda
-
Speakers
Master the Finances of Your Medical Spa
With incredible industry growth, increased competition, and ongoing economic threats, maximizing profitability and gaining a deep understanding of your business is critical to taking your practice to the next level.
The Advanced Practice Management Symposium: Medical Spa Finances is designed for the medical spa owner and/or practice manager who isn't satisfied with "good enough." AmSpa is partnering with Maven Financial Partners to present this course on how to look at your books through new eyes, see a brighter future for your business and chart a course to get you there.
For medical spas that have made it past the initial hurdle of starting up, this intimate, workshop-style course is your key to refining your finances, finding new goals and redefining success in your practice. Come with a laptop and access to your practice management software and bookkeeping platform. You'll work in small groups, alongside one of Maven's financial experts, to address the real-world challenges you face on a daily basis and find new opportunities where you can grow.
This course is designed for practices that have been open and successful for at least three years. Attendees are expected to already have an understanding of the basic financials of running a profitable medical spa practice.
What You Will Learn
Turn Reports Into a Roadmap of Possibility
You know what your reports tell you about your practice today. Learn how to use them to spot your biggest opportunities for a more successful tomorrow.
Build Concrete Growth Strategies
This isn't a class for general tips and tricks. Find and use insights from your practice data to craft a specific plan for your future development.
Meet Your Own Mastermind Community
Compare processes and performance with professionals at your level and make your own medical spa brain trust to improve together.
What to Expect
Small Group Work with Experts
The Advanced Practice Management Symposium: Medical Spa Finance will be led by Maven Financial Partners, an aesthetics financial consulting firm. Maven works with aesthetics practices throughout the country, analyzing their data, crunching their numbers, and providing actionable advice to improve performance and profitability.
Bringing Together Advanced Owners and Managers
This workshop-style event was designed for medical spa practices at least 3 years old to share information and build on the foundation they've already established. Owners and practice managers who attend will need to bring or be able to access existing reports and financial data to participate.
A Safe Space to Open Your Books
Attendees will be able to see a multitude of different models of success as Maven experts examine each practice's reporting and accounting in small breakout groups.
Because of the sensitive nature of this information, each attendee will need to sign a non-disclosure agreement to ensure the privacy of everyone's financial data.
Pricing
Required materials to bring:
- Laptop with access to accounting software or, if not available;
- 2022 P&L and balance sheet and 2023 year to date P&L and balance sheet;
- Laptop with access to practice management software or, if not available;
- Contact us and we will give you a list of reports to pull and bring with you.
Venue
Hotel Options
Hampton Inn Chicago Downtown West Loop
The Group Rate for this hotel is $219 per night plus 17.4% room tax. Must book on or before 5pm CST Friday, July 28th to secure discounted room block rate.
Hoxton Hotel Chicago
AmSpa also has a few rooms on hold at the Hoxton Hotel Chicago at the rate of $349 a night. Please reach out to aaliyah@americanmedspa.org to reserve. These will be reserved on a first come first serve basis.
Agenda
Day 1 - Saturday, August 19th
Registration and Continental Breakfast
Introduction and Teaching
- Utilizing your P&L and balance sheet to strategize, plan and grow your practice;
- Optimizing your P&L to allow for better analysis and benchmarking;
Break
Small Group P&L and Balance Sheet Analysis
- Review your practice P&L and balance sheet with expert faculty and a small group of your peers.
Lunch
Hot Topics: Advanced Financials
Ask the Experts and Your Peers
Break
Goal-setting and Budget-building
Networking Cocktail Reception
Day 2 - Sunday, August 20th
Continental Breakfast
A Deep Dive Into Key Performance Indicators (KPIs)
- Overview of most impactful provider KPIs, and how to leverage them to make smarter business decisions and achieve profitability goals.
- Identify individual KPIs by provider by leveraging your EMR/PM system, determine averages to use for budgeting.
Break
Building a Budget—Teaching and Doing
Lunch
Measurement and Tracking
Final Thoughts and Keeping in Touch
Speakers
Jessica Nunn
Jessica Nunn is a partner at Maven Financial Partners who takes pride in her experience helping business owners and their families increase their financial awareness. During her career, she has built trust with her clients by...
Read More
Christin Trujillo
Christin Trujillo is a financial consultant at Maven Financial Partners who helps aesthetic practice owners understand their businesses from the inside out to create a road map toward their goals. Whether navigating growth, planning the next...
Read More
Jordan Sawka
Jordan Sawka is a financial consultant at Maven. With relationship building at the forefront of her mind, she works closely with clients to help them understand their financials. A former financial analyst, she has quickly become...
Read More
Andrew Miller
Andrew Miller is a financial consultant at Maven. He helps Maven's health care clients understand the ins and outs of their business and sector. He ensures clients are on track to operating a healthy business, staying...
Read More
Space is limited, so don't wait. Register today!
Register Today!