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What is a Partnership?

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Dermatology Medical Partners affiliates with, invests in, and partners with leading dermatologists to support practices with the non-clinical business challenges they face.

For dermatologists looking to monetize the value of their practice, we offer compelling value and a flexible approach based on each owner’s specific needs and goals. We work closely with our prospective partners to structure a transaction that is appropriate for all constituents.

Best of all, we do not interfere with your clinical decision making. DMP partners maintain full clinical autonomy as well as their local brand, identity and reputation. Our team of experienced healthcare professionals works for you to support your practice and provides exceptional non-clinical support services.

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Benefits of Affiliation

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Practice / Staff Stability & Legacy

Succession Planning

Group practices enable dermatologists to plan for a gradual transition while ensuring that patients are left in good hands and staff members are taken care of.

Recruiting & Staff Management

Recruiting

Access to a talented and diverse network of clinical professionals, supported by experienced managers who specialize in recruiting and placing dermatologists, physician assistants, and nurse practitioners, as well as clinical and non-clinical support staff.

Human Resources

Training, payroll and benefits administration can be centralized to provide lower cost and higher value options for team members and alleviate independent owners' headaches, stress and lost productivity.

Relief from Administrative Burdens

Reimbursement Dynamics

Access to commercial payor networks, provider credentialing, and revenue cycle management without the significant and ever-increasing resources required of individual practices.

Regulation & Compliance

Dedicated management team members work with affiliated practices to ensure that they meet or exceed compliance standards within an increasingly complex environment, including licensing, ICD-10, EHR, HIPAA, HITECH, and other federal and state regulatory requirements.

Accounting & IT

Affiliated practices can take advantage of our scale, experience and dedicated management team to streamline their accounting and information systems, allowing them to focus their time and attention on patient care.

Purchasing

Equipment and supplies can be procured with economies of scale to provide significant advantages and lower costs.

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Our Priorities

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While dermatologists stress the ABCDs of skin cancer (Asymmetry, Border, Color, Diameter), Dermatology Medical Partners highlights our own ABCDs focused on improving the lives of dermatologists:

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Autonomy

Preservation and respect for the practice you have built

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Business Experience

Shared services & administrative support for your practice

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Capital Resources

Access to capital and investment to build additional value

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De-Risking

Stability for your staff and patients

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FAQs

There are multiple steps to the process. We typically start by executing a confidentiality agreement and exchanging relevant information which will allow us to better understand your practice. We spend significant time getting to know you and your practice. This process helps us understand your unique situation, and allows us to develop a transaction structure that fits your needs.
Clinical decisions will not be impacted. You will maintain clinical autonomy over your practice. You will be provided the opportunity to benefit from the sharing of ideas and best practices among other affiliates, should you so choose.
Yes. All of our affiliated practices have the option of maintaining their local identity and branding. Our team is committed to working with you to preserve and grow your brand through targeted marketing and community outreach.
As an affiliated Dermatology Medical Partners dermatologist, we work collaboratively with you to help relieve the stresses of running and managing your practice on a day-to-day basis. With Dermatology Medical Partners supporting your practice, you will have more time to focus on patient care, family, friends, and other personal interests.
We partner with a wide range of practices - both small and large - and would welcome a conversation with you to determine if your practice may be a fit with our organization.

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