Company Research Report: DermCare Management

Company Overview

• Name: DermCare Management

• Mission: To provide comprehensive, world-class operational support to dermatology practices that share an unwavering commitment to clinical excellence and extraordinary patient service.

• Founded: 2017

• Founder(s): A group of renowned dermatologists in collaboration with healthcare management experts

• Key People:

• Jeffrey Schillinger - Chief Executive Officer

• Stephen Janis - Chief Financial Officer

• Marc Grad - Executive Vice President

• Brad Powers - Chief Information Officer

• Jill Chait - Senior Vice President - Clinical Operations

• Founding Physicians:

• Martin N. Zaiac, MD

• Francisco Kerdel, MD

• Eduardo Weiss, MD

• Headquarters: Hollywood, Florida

• Number of Employees: 501-1,000

• Revenue: No information is available

• Known For: DermCare Management is known for its practice management services in dermatology, aesthetic medicine, and cosmetic surgery.

Products and Services

• Practice Management Solutions: DermCare Management offers a full suite of support services for dermatologists, including:

• Operational Support

• Billing and Revenue Cycle Management

• Marketing and Reputation Management

• Compliance Support

• Capital for Practice Expansion

• Information Technology Integration

• Physician-led Clinical Leadership

• Customizable Step-down Planning for Retiring Physicians

Recent Developments

• Expansion and Partnerships:

• October 2024: Expanded California footprint with a new partnership at Contour Dermatology & Cosmetic Surgery Center.

• July 2024: Added six new locations in Florida and Texas.

• May 2024: Expanded with new partnerships in the Greater Dallas Area.

• October 2023: Continued growth with three new partnerships across the country.

• New Features and Offerings:

• Investment opportunities for non-selling physicians

• Comprehensive marketing support, CME allowance, and robust patient management resources.

• Strategic Initiatives:

• Focus on key areas like platform building, revenue growth, patient experience, operations improvement, and cultural development.

• Notable Collaborations:

• Partnered with significant practices across multiple states including Florida, Texas, California, and Virginia.

No specific information on new product launches or features was provided.

Key Highlights

• DermCare Management's primary objective is to enable dermatologists to focus on patient care by managing the administrative, operational, and business aspects of their practices.

• The company maintains a strong emphasis on preserving the brand and legacy of their partner practices.

• Tailored partnership models address unique physician and practice needs, offering clinical autonomy while benefiting from the support structure offered by DermCare.

• The company has been instrumental in significant growth, managing over 65 locations and serving upwards of 600,000 patients annually through more than 140 providers.

Conclusion

DermCare Management stands out as a premier provider in the dermatology practice management sector, offering extensive support services that allow their partners to concentrate on delivering superior patient care. The company's consistent growth trajectory and successful partnerships underscore its impact and influence within the industry.