Guide on Transitioning from Portrait Legacy to Portrait Launch
Overview
To begin the offboarding process, you may submit a ticket. Please provide a minimum of 30 days’ notice so that we can ensure a smooth transition and proper support.
Based on the extensive feedback from providers about wanting more autonomy and flexibility across all aspects of their practice—including pricing, treatments offered, inventory purchased, building direct relationships with pharmaceutical representatives, and more—Portrait has introduced a new offering: Portrait Launch. This model provides the independence providers are seeking while still giving access to operational support.
Portrait Launch is a do-it-yourself approach in which you manage all aspects of cash flow, medical director relationships, marketing, and other elements of your business, while working with Portrait as a Management Services Organization. This structure is designed to increase efficiency and support the growth of your MedSpa business. No additional JIAs, amendments, or other contracts will need to be signed in the future except under very unique circumstances.
You maintain full discretion to order whichever products you prefer. If we do not yet have an account with a supplier, we can help facilitate the setup process.
Importantly, this model aligns Portrait’s interests with those of its clients in both structures. There are no price floors, and providers retain full control over their pricing and all other aspects of their practice. By leveraging Portrait, providers can enhance profitability, operate with greater fiscal responsibility, and ultimately increase their earnings potential.
Earnings Calculations
To calculate potential earnings under this new model, simply review the monthly cash inflows and outflows of your business. For most practices, this exercise is straightforward and offers clear visibility into financial performance.