Schweiger Dermatology Group Acquires Two New Jersey Practices 

Schweiger Dermatology Group Acquires Two New Jersey Practices 

NavaDerm Partners, LLC, a portfolio company of BelHealth Investment Partners, LLC announced that it was selling two of its New Jersey practices to Schweiger Dermatology Group (SDG).   The practices are Millburn Laser Center and Scherl Dermatology.   Millburn Laser Center provides dermatology care out of one location in New Jersey. According to its website, the practice has five providers on staff.  Scherl Dermatology is a four-physician practice that operates out of one location in Englewood Cliffs, New Jersey.   Founded in 2010, SDG is the largest group dermatology practice in the Northeast, with more than 90 offices and more than 300 healthcare providers in its... Read More »

Medical Staffing Companies Attract Private Investors

Labor shortages in the healthcare industry aren’t a new topic. Earlier this year, the Association of American Medical Colleges warned that the United States could lose as many as 100,000 doctors by 2025, up to one-third of those being primary care physicians. A shortage of registered nurses has been discussed since 1965, by one account. That makes the market for medical staffing companies of particular interest to investors. M&A activity in this subsector has grown in recent years, from a single deal in 2013 to eight deals in 2015. Through the end of October 2016, six deals targeting medical staffing companies are on the books. The majority of acquirers have been another staffing... Read More »

Complementary Specialty Pharmacies Merge

Apothecary by Design, a specialty pharmacy based in Portland, Maine, has acquired privately held Healy Pharmacy for an undisclosed price. The Warrenville, Illinois-based target focuses on infertility, gastroenterology, hepatitis, oncology, HIV, dermatology and rheumatoid arthritis. Both target and acquirer specialize in infertility treatment, serving complementary geographic markets with little overlap. This acquisition will blend each pharmacy’s unique areas of expertise, such as Healy’s strength in oncology and ABD’s experience in infectious and inflammatory diseases. Apothecary by Design was acquired in August 2015 by BelHealth Investment Partners for an undisclosed... Read More »