Academic Dermatology
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Academic Dermatology - overview
Location
Edina, MN, US
Primary Industry
Healthcare
About
Academic Dermatology specializes in delivering a wide array of medical and cosmetic dermatology services, focusing on skin health and treatment for various skin conditions in both children and adults. Academic Dermatology is a healthcare provider focused on dermatological care. In January 2020, Pinnacle Dermatology, LLC, a portfolio company of Chicago Pacific Founders, acquired Academic Dermatology. The company is located in Edina, US.
The current CEO is Chad Eckes. Academic Dermatology offers a comprehensive range of medical and cosmetic dermatology services aimed at addressing various skin conditions and promoting overall skin health. Their core offerings include annual total body skin exams, management of chronic skin conditions such as acne, psoriasis, and eczema, as well as surgical procedures like Mohs surgery for skin cancer treatment. Cosmetic treatments available include BOTOX®, chemical peels, and laser therapies.
The clinic serves a diverse clientele, including children and adults, while accepting most major insurance plans to facilitate accessibility. Academic Dermatology operates primarily within the United States, specifically targeting markets in need of specialized dermatological care, ensuring that patients receive personalized treatment tailored to their unique skin health needs. Academic Dermatology generates revenue through a combination of medical consultations, dermatological procedures, and cosmetic treatments. Transactions typically occur on a fee-for-service basis, where patients pay for individual services rendered during their visits.
Patients may book appointments for both routine skin examinations and elective cosmetic procedures, contributing to a steady stream of revenue. The clinic’s services, including Mohs surgery and various cosmetic interventions, are priced based on the complexity and nature of the procedures performed. Academic Dermatology's structured approach to billing and patient care ensures a direct-to-consumer model, providing patients with clarity on costs associated with their dermatological health plans. In January 2020, Pinnacle Dermatology acquired Academic Dermatology, and the company plans to utilize this acquisition to enhance its market presence and service offerings.
Future growth strategies include the potential development of new dermatological products and expanding into new geographic regions across the United States, focusing on markets that demand specialized skin care services. Specific details regarding new product launches and timelines for expansion have not been disclosed, but the company's recent acquisitions are aimed at bolstering its operational capabilities and service delivery.
Current Investors
Pinnacle Dermatology, LLC
Primary Industry
Healthcare
Sub Industries
Aesthetic Medicine
Website
www.academicderm.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Academic Dermatology - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Academic Dermatology | - |
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