What most sets Olympus Cosmetic Group apart from other private equity structures is that it is doctor majority owned-and-governed, so we fully understand the unique needs and challenges in balancing providing excellent patient care and running a business. Because of this, we meticulously select our partners to ensure our goals and resources closely align with those of your practice in a mutually beneficial partnership.
Joining our elite group of cosmetic surgery practices is on an invite-only basis. We are actively seeking new practices to join our network, and below are the characteristics of ideal candidates for partnership with our group. If you feel that your practice meets the criteria and is ready to take the next step in its growth trajectory, please contact us for more information.
What We Offer
Olympus Cosmetic Group is committed to fostering innovation and excellence in the cosmetic surgery field. Our mission is to provide the financial stability, strategic guidance and knowledgeable support necessary for our partners to thrive in this growing, competitive space. By maintaining an invite-only policy, we ensure that our network is comprised of the most talented and accomplished cosmetic surgeons, creating an environment of shared excellence, ambition and growth.
Characteristics of Ideal Partnership Candidates
Our ideal partnership candidates in cosmetic surgery are established practices that have demonstrated success and are ready to level-up. Some of the key characteristics that we look for in a strategic partnership include:
Mature Practices with a Proven Track Record
We seek practices that have been operational for several years and have a solid reputation in the plastic or cosmetic surgery field. These practices have demonstrated consistent growth, high patient satisfaction and a commitment to innovation and expansion. A mature practice with a proven track record provides a strong foundation for further growth and success, as well as a robust knowledge-sharing ability with like-minded cosmetic surgeons in our network.
Multi-Surgeon Practices
Multi-surgeon cosmetic surgery practices often have diverse expertise and a collaborative environment that fosters innovation and high standards of care. However, these practices also face the challenge of added administrative, operational and financial tasks and organization that can take time and energy away from patient care. For this reason, practices with multiple surgeons can greatly benefit from our partnership model, while also contributing to the shared goals of the group.
Multi-Location Practices
Similarly, practices with multiple locations are well-positioned for growth and expansion and can often greatly benefit from a private-equity-backed partnership. Our guidance can help multi-location practices streamline operations, optimize resource allocation and expand their reach even further with investments in medical equipment and facilities. We can offer support to multi-location practices in achieving a cohesive brand identity and maintaining high standards across all locations.
Strong Financial Performance
A cosmetic surgery practice’s current financial performance is a strong indicator of its potential for growth and expansion. We look for practices with robust and diverse revenue streams, efficient cost management systems and healthy profit margins. Our private equity partnership can then add to your practice’s existing strengths and successes by providing the financial support and resources necessary to achieve sustained growth.
Commitment to Continuous Innovation
One of our primary goals at Olympus Cosmetic Group is to help our partners maintain a competitive edge by staying at the forefront of the latest technologies and trends. As such, we are looking to partner with those practices and surgeons who have a deep interest in seeking out new technologies, treatments and techniques to enhance patient care and contribute to continued growth and innovation.
10+ Year Off Ramp
If you’re simply looking to cash out and hit the beach, we’re simply not the right fit for your practice transition. Our member surgeons have a longer term time frame before exiting practice, and are focused on making their practice a benchmark on the national or even international level. They are already locally dominant and are striving to reach the pinnacle of the profession.
Desire for Strategic Growth and Expansion
The best candidates to join our elite network of cosmetic surgeons are already positioned for growth and are looking to take their practices to the next level of success. Whether your goals include opening new locations, offering new services or onboarding new cosmetic surgeons and other staff members, we can provide the strategic partnership and funding necessary to achieve them. Our partnership enables practices that are eager for strategic growth to scale effectively and achieve long-term success.
Our Partnership Process
Our partnership process is designed to ensure a seamless and mutually beneficial collaboration. While the details of each partnership are custom-tailored to suit the unique financial and organizational needs of each practice with which we work, below are the general steps you can expect along the way.
- Initial Consultation and Evaluation – The process begins with an initial consultation to better understand your practice’s unique needs, goals and challenges. During this time, we work with you to assess the potential for collaboration and identify areas where our support could make the most impact.
- Strategic Planning and Customization – If both parties agree that a partnership could be mutually beneficial, the next step is to create a customized plan tailored to the unique needs and goals of your practice. This plan outlines the key initiatives, resources and support that we will provide in order to help your practice grow and thrive.
- Implementation and Integration – With the strategic plan in place, we then assist with the implementation and integration of our resources and support into your practice. This might include optimizing operational and administrative processes, enhancing marketing efforts and leveraging our network for collaboration and knowledge-sharing.
- Ongoing Support and Monitoring – Our commitment doesn’t end with the implementation of processes and resources. We continue to provide ongoing support and monitoring to ensure the partnership continues to deliver value and drive growth. Regular check-ins, performance evaluations and adjustments to the strategic plan ensure the sustained success and growth of your practice.
- Continuous Improvement and Growth – As your practice evolves, we remain dedicated to supporting continuous improvement and growth. We can help you stay up-to-date with the latest trends, technologies and best practices to help your practice continue to grow and adapt to an ever-changing landscape.
Your Role in the Partnership
A unique advantage of working with Olympus Cosmetic Group is that, because we are a physician-led organization, we encourage our physician partners to be as involved as they would like to be in the management of their practices with the help of the private equity backing that we provide.
This means that while you gain access to financial resources, strategic expertise and operational support, you can retain significant control over your practice and are encouraged to continue to be involved in and spearhead clinical decisions. We believe in empowering our partners to continue driving their practice’s vision and innovation, supported by our comprehensive resources and network.
Want to Learn More?
If you are interested in a partnership with Olympus Cosmetic Group and feel your practice could be an excellent candidate to join our elite group of cosmetic surgery practices, we invite you to connect with us. Our team is dedicated to creating customized strategic plans that take into account the unique needs and goals of your practice. By partnering with us, you will gain access to invaluable resources, as well as become a member of our collaborative group of leading cosmetic surgeons.
To further discuss how our private equity backing could elevate your practice, fill out our secure online contact form to schedule a consultation and learn more about the benefits of joining our exclusive network.
We look forward to the possibility of working with you to support the growth and expansion of your cosmetic surgery practice.
CONTACT US
We are actively looking for talented providers, provider groups and business professionals to join our team. We welcome your interest in Olympus.