You may have heard of the MSO term before, and really at the end of the day, what it is just a management company that helps manage a principal company. In this case, it would be the medical spa. So how can it benefit the medical spa?
The general rule for non-licensed people like me is that we’re not allowed to have ownership in a professional practice, and that includes a medical spa. And so for entrepreneurs who’d like to have some involvement in the medical spa, this is a good avenue to do that.
All of the nonclinical services would be provided through that management company, and all of the clinical services, the professional services, are solely in the domain of the licensed folks over at the medical practice.
So you have two companies at the end of the day.
If structured properly, both the medical spa and the MSO are able to profit, and each stays in its own lane and lets the other do what it’s good at doing.
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