United Derm Partners, which is backed by Frazier Healthcare Partners, has acquired Texas-based Vitalogy Skincare, a provider of dermatology services. No financial terms were disclosed.
NASHVILLE, Tenn. & AUSTIN, Texas–(BUSINESS WIRE)–United Derm Partners, a Nashville-based dermatology practice management firm, is pleased to announce the addition of Vitalogy Skincare to its group of partner practices. A leading dermatology service provider in the Austin area, Vitalogy adds eight central Texas locations to United Derm’s growing national footprint.
Founded in 2007, Vitalogy provides Mohs micrographic surgery, medical dermatology, cosmetic dermatology and clinical aesthetic services through a team of 17 providers to more than 65,000 patients annually. With the addition of Vitalogy, United Derm is now partnered with nearly 40 providers across 12 locations, serving approximately 130,000 patients annually.
“We are thrilled to welcome Vitalogy to the United Derm family, and believe its reputation for excellent care and comprehensive portfolio of services make it a great complement to our existing partner base,” said Jay Gunter, Chief Executive Officer at United Derm. “We also are excited that Vitalogy founder, Dr. Eric Adelman, and CEO John Ramm are joining our management team. Their outstanding leadership—along with a talented team of fellow practitioners—has made Vitalogy a trusted dermatology provider in the Austin area, and we know they will be instrumental in helping to execute our plans for expansion.”
Backed by Frazier Healthcare Partners, United Derm provides operational support, regulatory assistance, revenue cycle management and managed care resources for dermatologists looking to streamline operations and pursue growth while maintaining a primary focus on patient care. The addition of Vitalogy provides United Derm with significant scale, which can be leveraged across its growing infrastructure while enhancing its diversity of services, provider/payor mix and geographic footprint. United Derm will build on Vitalogy’s growth model in central Texas, with Dr. Adelman serving as Chief Strategy Officer.
“We are excited to pursue new growth opportunities with United Derm, and believe its deep expertise and resources will enable us to rapidly build on our current base of locations as well as providers who need infrastructure support to grow,” said Dr. Adelman. “United Derm shares our philosophy that physicians should be in the driver seat, with a practice management firm helping them run at peak performance. They truly act as a partner that reduces overwhelming administrative burdens so physicians can focus on the health of the patient, while maintaining sharp visibility into the health of the business.”
About United Derm Partners
United Derm Partners is a dermatology physician practice management company founded in 2016 and based in Nashville, Tennessee. The company provides operational support, compliance and regulatory resources, revenue cycle management and managed care resources for providers nationwide. Its integrated platform offers a centralized burden-reducing, cost-saving solution that makes life and work easier for physician partners while preserving their professional autonomy. For more information, visit https://uniteddermpartners.com/.
About Vitalogy Skincare
Founded in 2007 by Dr. Eric Adelman, D.O., Vitalogy Skincare is a full-service dermatology practice specializing in Mohs micrographic surgery, medical dermatology, cosmetic dermatology and clinical aesthetic procedures. Vitalogy has locations throughout Central Texas, including in Georgetown, Cedar Park, Southwest Austin, Bastrop, Burnet, Marble Falls, San Marcos and Harker Heights. Whether for medical or cosmetic needs, Vitalogy is a lifelong partner in skincare.
For more information, visit http://www.vitalogyskincare.com/.
About Frazier Healthcare Partners
Founded in 1991, Frazier Healthcare Partners is a leading provider of growth and venture capital to healthcare companies. With nearly $3.0 billion total capital raised, Frazier has invested in over 170 companies, with investment types ranging from company creation and venture capital to buyouts of profitable lower-middle market companies. Frazier has offices in Seattle, WA and Menlo Park, CA, and invests broadly across the US, Canada, and Europe. For more information, visit the company’s website at http://www.frazierhealthcare.com.
PE Hub Healthcare Wire delivers private equity and M&A healthcare deal activity, fundraising news, people moves, regulatory updates and much more every Thursday. Subscribe now! It’s FREE.
Take your pick!
- Buyouts delivers exclusive news and analysis about private equity deals, fundraising, top-quartile managers and more. Get your FREE trial or subscribe now.
- VC Journal provides exclusive news and analysis about venture capital deals, fundraising, top-quartile investors and more. Get your FREE trial or subscribe now.