Cosmetic Physician Partners (CPP) launches Network of Physician-led Medical Aesthetics Clinics across United States
Posted By Madilyn Moeller, Wednesday, December 7, 2022
Cosmetic Physician Partners Inc. ("CPP") is pleased to announce its official launch in the US with the closing of its 10th medical aesthetics clinic. Led by industry experts Dr. A. Jay Burns, Dr. Joel L. Cohen, Matt and Kathy Taranto and Dan Schacter, CPP is a partnership designed to provide physician owners with an alternative to private equity. Built from the ground up to support owners, CPP provides superior financial upside to its partners, an array of deep expertise through centralized services (HR, IT, Marketing, Recruiting and many more), savings on procurement through scale, all the while allowing each partner to retain a tremendous amount of control over their clinic.
"As consultants, there was only so much we could do to help individual clinics," explained Matt and Kathy Taranto, owners of Aestheticare, one of the largest medspa's in the US, and founder of Mint Aesthetics, a medspa consulting and training firm who has served more than 2,000 clinics across the US. "By creating CPP, we can do so much more with our deep support infrastructure, better shared economies of scale and best practices, all while providing our partners superior financial upside."
"I am blessed to be a part of this partnership," said Dr. A. Jay Burns, a past president of American Society of Lasers in Surgery and Medicine, a Scientific and Corporate advisory board member to multiple leading industry suppliers, and a noted author and international speaker in the aesthetic world. "I have worked with private equity before, and was initially reluctant to join any PE group, but this is significantly different. Owned by owners for owners, CPP provided me with support in the areas I needed with the amount of control I wanted. Better yet, the people we have brought on are incredible. I have been in the industry for 30 years and it's the most fun I have had since I started. The management team's expertise allows my clinic to run more profitably and efficiently so I can focus on clinical issues benefitting my patients, which is my passion."
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