Wednesday, June 27, 2018

Whole Lotta Derm Going On in Q2

U.S. Dermatology Partners logoU.S. Dermatology Partners (USDP) has been rolling along... picking up speed and many derm practices across the U.S.  Led by CEO, Geoff Wayne, USDP, is a Dallas-based physician-owned, dermatology-focused practice management organization.  Over the last few months, USDP has continued to strengthen its U.S. presence with acquisitions in Colorado, Arizona, Maryland and Texas:
  • Apex Dermatology Group in Denver and Littleton, Colorado.
  • Beatrice Keller Clinic Dermatology in Sun City West, Peoria and Goodyear, Arizona. This acquisition increases USDP's existing Arizona presence by almost 30 physicians in the greater Phoenix area.
  • Annapolis Dermatology Center acquisition adds 10 physicians to serve the greater Baltimore-Washington D.C. area.
  • Trinity Dermatology serving the Carrollton, Texas area for almost 30 years.  With this partnership, USDP now serves the Dallas-Fort Worth metroplex with 35 physicians and the state of Texas with over 100 physicians.
U.S. Dermatology Partners provides comprehensive management services to dermatologists in 90 locations in Texas, Kansas, Missouri, Arizona, Colorado, Louisiana, Maryland, Oklahoma, and Virginia.

Also, in the second quarter... Anne Arundel Dermatology, a portfolio company of New MainStream Capital, acquired its 12th practice.  Tidewater Dermatology, with Northern Maryland offices (Havre de Grace and Bel Air) joined the partnership in April.  Anne Arundel Dermatology boasts 40 locations and 94 providers in Maryland and East Tennessee.