Join our online community! Login above or create an account to get started. Once logged in, interact with like-minded individuals via our feed, groups, events, and blogs. In our feed, update the community on your latest and greatest ventures, pose questions, celebrate triumphs, ask for advice, share your experiences, and browse posts by other users. Be sure to check out our public and private groups, where you can collaborate with other users on specific areas of interest or expertise. Discover upcoming classes, seminars, workshops, and more. And, browse current blogs and create your very own blog platform where you can share regular posts with our community.

Friday, 16 February 2024 17:41

Transforming Dermatology: Exploring Market Consolidation Trends 

Written by   Josh Swearingen

 A shift in the dermatology industry is subtly unfolding as consolidation impacts the industry’s traditional framework. Private equity and venture capital investments have surged, creating a ripe environment for dermatology practice owners to harvest benefits with the right preparation and approach. This transformation unfurls new horizons for those looking to explore and understand the opportunities of a shifting landscape.  

Currently, about 8% to 9% of the approximately 10,000 dermatology practices in the United States have undergone consolidation. To provide some perspective, historical data from other medical specialties, such as dentistry, have shown that valuations can increase significantly for consolidated groups when the industry reaches a 10% to 12% consolidation rate. As in dentistry, veterinary, and numerous other verticals before it, dermatology consolidation will reach a tipping point at roughly 10% and acquisition activity amongst privately owned practices will increase significantly. Many believe this tipping point will be reached by 2025, which would trigger a period of merger and acquisition activity extending for 15 to 20 years.  

Want to read more?

Subscribe to continue reading this article, plus gain access to all DERMASCOPE has to offer.

SUBSCRIBE

Josh Swearingen has over 15 years of leadership experience in the healthcare industry, most recently serving as a director at TUSK Practice Sales, a healthcare mergers and acquisitions firm located in Charlotte, North Carolina. He is also the co-founder of Reverse Aesthetics in Columbus, Ohio. Prior to that Swearingen was director of corporate development for American Dental Partners and quarterbacked several of their largest transactions during his tenure there. He appears at multiple healthcare tradeshows across the country and has become an industry thought leader in the healthcare mergers and acquisitions space. Learn more about him and TUSK Practice Sales a tuskpracticesales.com 

Want to read more?

Subscribe to one of our monthly plans to continue reading this article.

Login to post comments

Community Activity

marie fagundes posted a new discussion12 hours 32 minutes ago

Understanding the Most Common Problems with Honda Accord

If you’re a proud owner of a Honda Accord, you’re likely aware of its reputation for reliability, comfort, and performance. However, like any...

Service My Car
Milla posted a new discussion12 hours 37 minutes ago

eSport

I came across ensiplay.com/ while searching for OW match schedules and boy am I glad I found it. Not only did I find what I was looking for,...

Branding and web design agencies
Milla posted a new discussion6 days ago

New SIM card

Gone are the days of waiting in line at the store to activate a new SIM card. With eSIM blog , you can activate your digital SIM card in minutes,...

Branding and web design agencies

Save the Date

body { overflow-y: auto; } html, body { min-width: unset; }