
For the past decade the boom of plastic surgery saw a dramatic shift in
lifestyle choice of physicians. As the demand for elective cosmetic
procedures increased, so too did the number of physicians opting out of
medicine and saying hello to the cash and lifestyle perks associated with
the plastic life. Wealthy patients, considerably better hours and far less
stress saw the move from medicine to cosmetics. But now with the recession
in full effect, are the plastic surgeons drowning the industry, or is there
still room to stay afloat?
An article in New York Magazine said, "A lot of guys are suddenly opening
their eyes and saying, 'I haven't done anything but cosmetics for years,' "
says Fifth Avenue plastic surgeon John E. Sherman. "These guys are really
panicking." As a result, "plastic surgeons are trying to do hospital
work-ulcers that aren't healing, wounds, etc.," says Minas Constantinides,
board member of the American Academy of Facial Plastic and Reconstructive
Surgery. Now "patients don't want to pay," which means figuring out what
insurance companies will reimburse on."
Some dermatologists and cosmetic surgeons who were formerly injecting lips
with Restylane and breasts with silicone are now tending to acne ridden
teenagers or the occasional late baby-boomer with extra money looking for a
face-lift. Times have changed and so has the economy, the industry is still
alive and kicking, but it is clear that some physicians are moving on while
others are in for a more quiet phase.