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Botox for the bank balance
Just a couple of hours a
week can really fatten up your wallet � to the tune
of $2,000
By Marcello Palmieri
"I'm the number one user of Botox
in all of Canada," proclaims Dr Mark Baily, a family
physician turned full-time Botox guru. After learning
about the many uses and benefits of the 'miracle' therapy,
Dr Baily traded in his stethoscope for a Botox-filled
syringe and got to work smoothing his patients' unsightly
wrinkles and sagging brows. And it's not just limited
to cosmetic applications. Dr Baily also uses it to treat
conditions from hyperhidrosis to myofascial pain syndrome
and headaches.
Botox is the trade name for botulinum
toxin A (BTX-A) and although there are several subtypes,
ranging from A through F, only BTX-A is commercially
available in Canada. The cosmetic uses for the toxin
were first discovered in 1987 by Dr Jean Carruthers,
a pediatric ophthalmologist from Vancouver. It got the
okay from Health Canada in 2001 for a wide range of
indications and has a long list of off-label applications,
including drooling and chronic motor tics.
The basic idea behind Botox is
to immobilize certain areas of the body so it won't
wrinkle or spasm uncontrollably. Once Botox is injected
into a muscle, it blocks the release of acetylcholine
� a protein that conducts nerve impulses. The end result
is that the muscle doesn't receive the message from
the brain telling it to move. Dr Baily cautions, however,
that Botox isn't a quick fix. The effects are temporary
and can last anywhere from three to eight months.
Aside from working with patients,
Dr Baily also helps family doctors generate some extra
cash by training them on how to use Botox in their practices.
After developing a partnership with Dr Sharon McQuillan,
medical director of Ageless Health Inc in Columbus,
Ohio, the two have trained hundreds of doctors in both
Canada and the US.
They offer a CME course that provides
individualized training for physicians and their assistants.
Trainees can get up to three days of hands-on Botox
experience, either from the comfort of their office
or in a group setting in their area.
Day one focuses on the most common
therapeutic uses of BTX-A and teaches the injection
technique in the treatment of headaches and myofascial
pain, to name a few.
The second day deals with the cosmetic
use of BTX-A and the last day explores the use of facial
fillers for esthetic enhancement. So what's the cost?
The complete three-day package comes with a $6,000 price
tag while two days of training will cost you $4,500.
If that puts too much of a dent in your wallet, it's
possible to opt for a one-day session at $2,500.
And the investment should pay-off
in the long run. According to one figure on Dr Baily's
website (www.totalbotox.com),
the average profit per Botox treatment is $345. It's
possible to do three treatments per hour, which adds
up to a whopping $1,035. If a doctor does just two hours
per week, the yearly profit comes to a staggering $107,640.
Not too shabby for a couple of hours of work on the
side.
So for all those docs out there
who are unsatisfied with their current paychecks, adding
Botox to your practice will get you that summer cottage
a whole-lot quicker.
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