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Provident Healthcare Partners Provident Healthcare Partners

Q4 2023 Dermatology Update

Provident Healthcare Partners
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Q4 2023 Dermatology Update

The dermatology market continued to see solid deal flow in the fourth quarter highlighted by a pair of private equity transactions, as consolidators continue the trend of aligning with one another to build scale, reach, and density in certain regions.

Southwest-based Platinum Dermatology, which had previously merged with West Dermatology, recently announced another merger with Florida-based Skin & Cancer Associates. The combined enterprise, which is one of the largest in the space, employs more 400 providers across 130 locations in five states. Schweiger Dermatology also gained significant market share via acquisition in acquiring the New Jersey assets of BelHealth-backed NavaDerm. Provident expects this theme to continue to play out in the highly competitive dermatology space as consolidators prioritize scale and compete for market share.

To print and download the full Dermatology Update report, please click below…

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