Dermatology Accounting

Medical derm pays the bills. Cosmetic derm should be paying for the vacation home.

If you cannot see separate P&Ls for your medical and cosmetic sides, you are flying blind on both. We fix that.

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A 4-minute test your accountant hopes you skip.

At a glance

Investment$3,000–$4,000/mo
Contract1-year, billed monthly
Setup$3,000–$9,000 onboarding
IncludesDual P&L (medical + cosmetic), provider reports, inventory tracking

Is This Right for You?

This service is for dermatology practice owners who recognize these problems:

Your medical and cosmetic revenue is tangled together and you cannot tell which side of the practice is actually profitable
Cosmetic inventory (fillers, Botox, lasers) is a black hole in your accounting and you are guessing at margins
Your Mohs surgeon generates huge revenue but you have no idea what the true cost per case is
You run specials and memberships on the cosmetic side but have no way to track if they are profitable or just busy
Sales tax on cosmetic procedures varies by state and your accountant keeps getting it wrong

Need strategic financial leadership? Our Fractional CFO service for dermatology practices may be a better fit.

What's Included

How We Work With Dermatology Practices

Dermatology-specific accounting that goes beyond reconciliation.

01

Medical vs Cosmetic Revenue Separation

  • Dual P&L structure (medical and cosmetic)
  • Shared overhead allocation between medical and cosmetic
  • Cosmetic service margin analysis by procedure type
  • Sales tax compliance for cosmetic services
02

Cosmetic Inventory & Product Tracking

  • Botox/filler unit cost tracking and waste analysis
  • Laser consumable cost per treatment
  • Skincare retail inventory management and margin tracking
03

Provider-Level Economics

  • Revenue and margin per provider (MD vs PA/NP)
  • Mohs case cost analysis (staff, supplies, time)
  • Cosmetic procedure profitability by provider
  • Supervision cost allocation for mid-levels
04

Membership & Package Accounting

  • Deferred revenue tracking for prepaid packages
  • Membership program profitability analysis
  • Breakage rate and utilization tracking

Results

What Dermatology Practices Experience

MetricTypical Outcome
Cosmetic margin improvement$183,000 annually from cosmetic margin analysis, pricing corrections, and filler waste reduction
Mohs revenue recovered$89,000 from coding corrections
Mid-level restructuringBoth providers profitable within 4 months through schedule optimization

Case Study

See The System In Action

3-physician dermatology practice with cosmetic suite, single location. The practice was generating $4.2M in total revenue but the owner could not explain why net income had been flat for three years while revenue grew 18%.

What we found:

  • Cosmetic services were generating 35% of revenue but only 19% of profit due to untracked filler waste averaging 12% per vial and underpriced laser treatments
  • Mohs cases were being under-coded. 23% of multi-stage cases billed as single-stage, leaving an estimated $89K per year on the table
  • Two mid-level providers were generating $280K each in revenue but costing $310K each when supervision time, benefits, and overhead were properly allocated
  • The membership program had 340 members but a 72% utilization rate meant the practice was giving away $61K in unused services annually

The results

$183,000 annually from cosmetic margin analysis, pricing corrections, and filler waste reduction

Cosmetic margin improvement

$89,000 from coding corrections

Mohs revenue recovered

Both providers profitable within 4 months through schedule optimization

Mid-level restructuring

We were growing revenue and shrinking profit. Sorso showed us exactly where the margin was leaking — it was the cosmetic side, which we assumed was our cash cow.

Practice Owner, Southwest

Common Questions About Accounting for Dermatology Practices

Don't pay for reports. Pay for progress.

Take the 4-minute financial assessment—and find out if your books are helping or hurting your dermatology practice.

Take the Free Financial Assessment →

The test your accountant hopes you skip.