Epiphany Dermatology, a leading dermatology company committed to improving access to exceptional dermatologic care, announced Monday it has expanded its presence in Coralville, Iowa through its partnership with Dermatology Associates, LLP. The practice has a long-established reputation of providing high quality dermatology services to patients in the greater Cedar Rapids-Iowa City area with its two physicians, Dr. Thomas Boysen and Dr. David Boysen.
Golden State Dermatology (GSD) is pleased to announce Jane F. Kardashian, M.D. and her team have joined Golden State Dermatology. Golden State Dermatology offers state-of-the-art dermatology, cosmetics, Mohs surgery for skin cancer, pathology, and plastic surgery. The group has rapidly grown over the last few years, adding eight new locations in 2019 and six to date in 2020. This is the group’s second acquisition in Fresno in as many months. Dr. Kardashian is a board certified dermatologist and Mohs surgeon. The clinic offers medical and cosmetic dermatology treatments, ambulatory surgery center capabilities and medical spa services.
Schweiger Dermatology Group (SDG) announced today that it has acquired the Harkaway Center for Dermatology and Aesthetics, with locations in Delran and Northfield, New Jersey. Dr. Karen Harkaway, who has an extensive background in cosmetic dermatology and dermatologic surgery, founded the Harkaway Center in 2000. Schweiger Dermatology Group is the largest group dermatology practice in the Northeast with over 65 offices and 200 healthcare providers. SDG provides both medical and cosmetic dermatology services to over 600,000 patients annually.
Ridgemont Equity Partners, a middle market private equity investor, today announced the acquisition of Anne Arundel Dermatology Management (“AAD” or the “Company”), a leading provider of medical, surgical and cosmetic dermatological services in the Mid-Atlantic and Southeastern states. AAD has approximately 181 providers across 74 clinics in Maryland, Virginia, Tennessee, North Carolina, and Pennsylvania and is seeking expansion into new geographic markets. The management team at AAD and physician-owners invested alongside Ridgemont in the transaction.
The complex business structures of some private equity-backed dermatology groups allowed them to receive millions in COVID-19 funds intended for small businesses, federal disclosures reveal. Lawmakers and regulators structured the Paycheck Protection Program so that most private equity-owned businesses would not qualify. Only companies with 500 employees or fewer are eligible for the program, which offers loan forgiveness if the loans are spent on qualifying expenses. If a business is majority owned by a private equity firm, the employees of all the firm’s portfolio companies count toward its total employee tally, thus disqualifying many companies. However, a variety of factors have allowed some dermatology groups backed by private equity to receive millions in forgivable loans.
Advanced Dermatology and Cosmetic Surgery (ADCS) announced Thursdasy that Dermatology Associates of Montgomery – the practice of Drs. J. Stephen Maddox and E. Ann Mountcastle, located at 286 Mitylene Park Dr, in Montgomery, AL – has joined the organization as its latest affiliate, effective Thursday. Dr. Maddox is board certified and holds a lifetime certificate from the American Board of Dermatology. Dr. Mountcastle is board certified and was a flight surgeon in the U.S. Air Force. She has been with Dermatology Associates of Montgomery since 1990 and has been published in the Journal of the American Academy of Dermatology and the Archives of Dermatology.
Schweiger Dermatology Group (SDG), the fastest-growing dermatology practice in the Northeast, announced it has completed the acquisitions of Dr. Lillian Graf in Bayside, New York and Dr. Leopold Laufer in Brooklyn, New York. Dr. Graf has been in private dermatology practice in Bayside since 1981. She earned her undergraduate degree from Barnard College in New York City, where she graduated Cum Laude. She graduated from New York University, School of Medicine medical school in 1977 and continued on to complete her residency in dermatology from NYU. Dr. Leopold Laufer has been practicing medicine for over 30 years. He graduated from Oberlin College and received his medical degree from Tulane Medical School.
Epiphany Dermatology, a leading dermatology company committed to improving access to exceptional dermatologic care, announced today it has expanded its presence in Santa Fe, New Mexico through its partnership with James H. Auerbach, MD, PC. The practice has a long-established reputation of providing high quality dermatology services to patients in the greater Santa Fe area with its two physicians, Dr. James Auerbach and Dr. David Jaffe.
This McGuireWoods series features interviews with C-suite leadership of private equity-backed portfolio companies. This installment features John Macke of Dermatologists of Central States, who answers questions about his PE partnership and the key to retaining talent and leadership in his organization.
DermCare Management (“DermCare”) is proud to announce the addition of SkinSmart Dermatology (“SkinSmart”) located in Sarasota, FL and Betty Bellman, M.D., PA’s Dermatology practice located in Miami Beach, FL to the DermCare Family. The addition of SkinSmart expands DermCare’s presence in the West Coast of Florida. Led by Dr. Elizabeth Callahan, SkinSmart has been serving patients in Sarasota, FL for over 15 years. Dr. Betty Bellman’s office has been providing expert medical care to the Miami Beach and South Florida community for over 25 years.
What We Do
Who We Are
How We Work
Who We Help
Get In Touch
Connect With Us
Subscribe to Our Daily Note
We publish a Daily Note that aggregates M&A activity, notable developments, regulatory changes, and conferences we deem to be of interest to our partners. It is a quick afternoon read and an easy way to keep your finger on the pulse of the healthcare space. Please fill in your name and email address below if you wish to subscribe.