Why do successful dermatologists say owning real estate is more important than patient volume?
Dr. Anna Chacon hosts Dr. Kristin Haushaulter, a board-certified dermatologist and entrepreneur who has built successful practices across multiple states before establishing her current partnership in Miami. Dr. Haushaulter brings unique insights into private practice management, having navigated the challenges of frequent relocations while maintaining work-life balance as a mother. How does she maintain a four-day work week while running multiple businesses? Her expertise extends beyond clinical dermatology into fashion entrepreneurship with her sun-protective clothing line, BelaSol, and clinical research partnerships.
The conversation explores critical business strategies for dermatologists in South Florida's challenging market. They discuss the advantages of MSOs versus independent practice, the importance of owning real estate, and effective delegation strategies. Dr. Haushaulter shares candid insights about insurance network challenges, particularly with Medicare Advantage plans, and offers practical advice for managing overhead while maintaining quality patient care. The episode also covers her entrepreneurial journey creating sun-protective fashion and sustainable sunscreen products.
In This Episode:
- (00:00) Dr. Haushaulter reveals the number one thing dermatologists must own to succeed financially
- (03:04) The reality of practice management being harder than patient care and achieving work-life balance
- (08:20) Why MSOs offer better insurance contracts but come with trade-offs in South Florida
- (11:23) Creating BelaSol: fashionable sun protection for Miami lifestyle and developing sustainable sunscreen
- (18:22) Essential strategies for profitable medical dermatology including real estate and delegation
- (24:56) Navigating clinical research partnerships and avoiding fraud in South Florida
- Share with a dermatology pro you know, like and subscribe to hear all of our future episodes!
About the show: Welcome to Skin Deep, a podcast designed for dermatology professionals. Host Dr. Anna Chacon, a distinguished dermatologist and author, shares her unique experiences and offers valuable insights on the future of dermatology, including telemedicine and teledermatology in reaching underserved communities. Dr. Chacon provides actionable recommendations for dermatology practices, emphasizing compassion, patient education, and staying current with advancements in the field.
About the host: Dr. Anna Chacon, board-certified dermatologist and founder of Indigenous Dermatology, specializes in treating patients in remote and rural communities. As the first dermatologist serving Alaska's Bush region, she travels by bush plane to reach isolated communities. Dr. Chacon holds medical licenses in all 50 states, DC, Guam, and the U.S. Virgin Islands, providing both in-person and teledermatology services.
Resources:
Dr. H LinkedIn: https://www.linkedin.com/in/kristin-haushalter-m-d-66089121b/
BelaSol Clothing: https://www.belasolclothing.com/
Website: www.drannachacon.com
Chapters
- (00:00:00) - How to make a living in medicine
- (00:00:35) - Skin Deep Miami
- (00:01:44) - Post-Residency doctor starts her own practice
- (00:03:49) - Working without a doctor's license in Miami
- (00:08:13) - Do MSOs Work for Dermatologists?
- (00:11:15) - Miami-based dermatologist creates sun protective swimsuits
- (00:16:04) - How a doctor and his dermatologist wife started a skincare
- (00:17:48) - Dermatology Practice Manager on Working in South Florida
- (00:22:21) - dermatologists on the need to own their own practice
- (00:27:46) - A Minute With Dr. Ranjee
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