West Dermatology has received an undisclosed investment from Enhanced Equity Funds. West Dermatology is a dermatology provider network.
NEW YORK, December 22, 2014 – Enhanced Equity Funds, LLC has announced a strategic, investment partnership with West Dermatology, a dermatology-practice management group focused on clinical dermatology services and evidence-based treatment in Nevada, California and Arizona.
Comprised of a network of 49 board-certified, physicians and clinicians operating across three states, West Dermatology is one of the leading, clinical dermatology platforms in the nation. Founded in 1962, by Lucius Blanchard M.D., West Dermatology offers patients diagnostic expertise and continued care for common skin conditions, as well as critical, specialty services such as dermatopathology and chemosurgery. Additionally, West Dermatology boasts a strong foundation in the healthcare community, maintaining long-term associations with the American Academy of Dermatology, Skin Cancer Foundation, American College of Mohs Surgery and American Academy of Allergy, Asthma and Immunology.
West Dermatology’s CEO, Chris Kane, said “Enhanced Equity’s focus on investing in founder-led healthcare businesses makes the firm an ideal partner for West Dermatology. We believe we can work together to grow our clinical capabilities, extend the reach of our clinics, and improve patient care.”
“We are excited to partner with Enhanced Equity in an effort to strengthen and improve the company we have worked hard to build over the years,” Dr. Luke Blanchard said. Dr. Blanchard has been an actively practicing physician since 1968 with specialties in Internal Medicine and Dermatology and Mohs Micrographic Surgery. “Enhanced Equity’s depth of knowledge in the healthcare sector and broad network of industry connections will allow us to better integrate ourselves into regional health systems and foster relationships. I look forward to witnessing West Dermatology’s evolution as a company with our collective vision and expertise.”
About Enhanced Equity Funds
Enhanced Equity Funds (“EEF”) is a private equity firm focused exclusively on investing in the healthcare industry. The firm’s collective industry expertise, relationships and investment strategy have facilitated the development of industry leading healthcare companies. EEF currently manages approximately $600 million of committed capital across two funds. For additional information on EEF, please visit www.enhancedequity.com.
About West Dermatology
West Dermatology is a prominent, dermatology provider network established in 1962. Its operational management team supports 24, regional, dermatology clinics across the Western United States. West Dermatology offers a comprehensive scope of dermatology care, servicing a combination of medical, surgical and cosmetic dermatology needs. Its core focus involves the “integration of cutting-edge, evidence-based medical science with quality healthcare in a professional, compassionate environment.” With over 45 physicians and clinicians, West Dermatology specializes in a range of clinical diagnostic and treatment options including chemosurgery, brachytherapy, allergy and immunology conditions, dermatopathology, clinical research as well as cosmetic dermatology and plastic surgery. For more information on West Dermatology, please visit http://westdermatology.com/.